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1. RE: Your Money -Frozen
   A measure of protection can be achieved by paying your mortgage, waiting about 5 days and the going on an sending the next months payment. If you watch the web tool they go from expecting this month’s payment to expecting the next, then the next. You just keep paying monthly after the double month and stay 75 to 45 days ahead of a possible late payment and 90 to 60 days out from delinquency. It is important to not allow the second of the double payment to be called “principal only”. I know you can manipulate the due date to this degree. Perhaps even triple paying would give even more cushion. There is always a wave of land grabbers and lawyers on the heel of every banking crises. Even now there are hedge funds that own and operate single family houses all over the country after 2008. The problem is that ANY default gets blown up with fabricated fees into a club to be used on you. If you have paid off assets and some debt you have to take steps. Mine is the keep the debt in my name and the assets in spouse or mother’s name. Not sure if it will work but it is a decent intermediate step.

2. A far better solution would be to simply rathole a few mortgage payments away at home. That way you can go to the bank and pay in cash if need be, or you could pay for something else more pressing if necessary. Far better to have the cash in hand than to let the banks sit on it interest free like that.

   I would not advise making advance payments on a loan to a bank. If something happens to them, that money is gone, and you may lose credit for paying it. Given the new regs that have come out in the past few years, depositors become creditors, and that would include advance payments on loans. If the bank fails, your advance payment would get tied up in bankruptcy court just like your savings account will.

   Mama lives in Tucson. She grew up in West Texas, and knows that a garden hoe is a useful tool for dealing with vipers. To watch her go after a rattler is like watching an angry Joan Crawford beat down.

   1. Certainly cash, some silver coin and gold in hand is a first step. However, I gave my word that I would pay those debts so I do my best to get that done. A bank mortgage like that is not a static thing in terms of interest and principal. Very little of the accelerated payment will be interest as in the first case only about 5 days have accumulated. I maintain that it is mostly your money as you have knocked down principal. I would not prepay owner financing where it does not change the interest. Plus there will be no “owner finance holiday” only “bank holidays”. Lastly, there are many shades to a crash and we have to be prepared in degrees to handle it and not just survive but thrive.

3. Unless the system is in total collapse, the banks will honor demands by other lenders. If you send the payment in the receiving lender will make a demand on the payers account from the account holder’s bank. If the banks won’t honor obligations like mortgages, the system would collapse very quickly. If you are sending checks against a frozen account and the bank won’t honor the transfer, it’s a classic “force majure” the assets are there and it is the paying bank that is failing to honor the request. You cannot be expected to honor the obligation if your account is arbitrarily frozen by government. The freezing of accounts, and capital controls is usually instituted to prevent people from withdrawing their money to convert it into other assets like food, gold, or whatever else. Capital controls stabilize the money system short term so the government can figure out how best to screw the populous.

4. A bit off subject but I hope no one will mind.
   Brownells catalog number 70 – the Big Book for 2017-2018 is now out if you give it a day or so the PDF copy should be out.

5. Congratulations on killing 17 copperhead snakes Mrs. Newby but I’ve got you beat fellow Okie. I’m up to 51 kills as of today.

6. It makes perfect sense that Forbes would write against preppers. IMO our economic system and political system are totally reliant on people buying things they don’t need with money they don’t have and then paying income, property and sales taxes on it all. If a significant portion of the population realized they were in slavery to their excessive wants and did not play, the whole house of cards could come down.

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