Legal Tender for All Debts Public and Private: Bank of America Refuses Cash for Mortgage Payment


via Drew Pooters

Like the ROTC guy near the end of “Animal House”, yelling out “Be Calm! Everything is fine!” (much like our Administration), you buy it like the sheeple do, then this happens – and think about the implications of what this guy is saying. rather unsettling, eh?

More: http://www.TheDailySheeple.com

In yet another show of how banks like to make it difficult for borrowers to pay of their debts so they can force them into late payments, over the limit fees and foreclosure, we have a Bank of America banker and supervisor in Lakeport, CA refusing to accept a cash payment for a mortgage.

They are either lacking in basic monetary knowledge, which is that Federal Reserve Notes (aka cash, US dollars) are legal tender for all debts public and private, or as evidenced by the alarmed and somewhat flustered facial expressions of the bank supervisor, know that they are complicit in promulgating the ridiculous policy of not accepting cash to make good on debts owed at one of the largest banking institutions on the planet.

More: http://www.TheDailySheeple.com

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About a12iggymom

Conservative - Christian - Patriot
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