Defending American Taxpayers from Abusive Government Takings Act | John Campbell (R., Calif.) Introduces Bill to Stop Eminent Domain Nationally

John Campbell (R., Calif.) Introduces Bill to Stop Eminent Domain Nationally

To prohibit Fannie Mae and Freddie Mac from purchasing, the FHA from insuring, and the Department of Veterans Affairs from guaranteeing, making, or insuring, a mortgage that is secured by a residence or residential structure located in a county in which the State has used the power of eminent domain to take a residential mortgage.

More info here…

Copy of the bill below…

~

4closureFraud.org

~

Defending American Taxpayers from Abusive Government Takings Act

Comments
4 Responses to “Defending American Taxpayers from Abusive Government Takings Act | John Campbell (R., Calif.) Introduces Bill to Stop Eminent Domain Nationally”
  1. allisunra says:

    Who is the Abuser here?

  2. The recorders and courts of those counties should refuse to record any documents, or accept any judicial filing, from any government agency or GSE. I would then go out of my way to let the residents know that they can’t be foreclosed on by those same entities….so stop paying.

  3. stripes says:

    As soon as I heard about this…I got active. I spread the word all over my local media blogs that this was a criminal act. We need to be really vocal about issues such as these. Mayor of Chicago said a few weeks ago..Chicago will not be participating in this. We really need to stay active and speak out loudly in order to fight this tyranny and oppression. We have all worked too hard to lose it. The media is saying, Obamas leading in the polls. Sorry..I am not believing that many Americans are buying hope & change this time around. At this point, the only thing worse than 4 more years of this, would be 4 more years of this. This mans agenda is clear…a rent a center of America. He is as one blogger put it very well, an ATM salesman. I don’t want what he’s selling.

  4. Sarah says:

    I love how these things are worded. “Protecting the American taxpayer”. Taxpayers are foreclosing on other taxpayers to the benefit of people who pay little to no taxes. The whole catastrophe has cost the country dearly, and a proposed solution is getting attacked by the “cartel”, which suggests it may be a really good idea. Another way of reading this legislation:

    ‘We’ll cut you off and blight what we already blighted if you attempt to do this!!!’

Leave a Reply