Phase 6 • Political Action

Petition for Congressional Investigation

Demanding Legislative Inquiry into Mortgage Fraud

Template Type

Formal Petition

Recipients

House & Senate

Constitutional Basis

1st Amendment

Format

Multi-Signatory

Congressional Petition Template

TO THE HONORABLE MEMBERS OF THE UNITED STATES CONGRESS

We, the undersigned citizens of the United States of America, hereby petition Congress to immediately initiate a comprehensive investigation into systemic fraud in mortgage lending, the deceptive practices of money creation by banks, and the resulting illegal foreclosures affecting millions of American families.

WHEREAS, Federal Reserve publications including "Modern Money Mechanics" openly admit that banks do not lend depositors' money but instead create new money through accounting entries when making loans; and

WHEREAS, the Bank of England has confirmed in official publications that "Whenever a bank makes a loan, it simultaneously creates a matching deposit in the borrower's bank account, thereby creating new money"; and

WHEREAS, banks systematically fail to disclose to borrowers that their promissory notes are recorded as assets and used to create the very money allegedly "lent" to them; and

WHEREAS, this practice violates fundamental contract law requiring consideration, as banks provide nothing of value they possessed before the transaction; and

WHEREAS, 12 U.S.C. § 411 still requires Federal Reserve Notes to be "redeemed in lawful money on demand," creating a legal paradox since the abandonment of the gold standard in 1971; and

WHEREAS, millions of American families have lost their homes through foreclosures based on fraudulent claims of debt that may be legally void for lack of consideration; and

WHEREAS, the securitization of mortgages has created multiple fraudulent claims on the same properties, with notes being sold multiple times in violation of basic property law; and

WHEREAS, former Federal Reserve attorney Walker F. Todd has provided sworn testimony that what banks call "loans" are actually purchases of promissory notes through bookkeeping entries, not loans of pre-existing money;

CONSTITUTIONAL AUTHORITY

This petition is submitted pursuant to the First Amendment right "to petition the Government for a redress of grievances" and Article I, Section 8 of the Constitution, which grants Congress the power "To coin Money, regulate the Value thereof" and "To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers."

DOCUMENTED EVIDENCE REQUIRING INVESTIGATION

Federal Reserve admits banks create money when making loans, not lending existing funds
Banks record borrowers' promissory notes as assets while hiding this from borrowers
No consideration is provided by banks in mortgage transactions
Systematic robo-signing of fraudulent foreclosure documents
Multiple sales of the same promissory notes through securitization
MERS system used to hide true ownership and avoid recording fees
Destruction of original promissory notes to hide fraud
Mathematical impossibility of debt repayment in current monetary system
Violation of RICO statutes through pattern of mail and wire fraud
Securities fraud in mortgage-backed securities offerings

WE THEREFORE DEMAND THAT CONGRESS

IMMEDIATELY CONVENE special hearings on mortgage fraud and money creation
SUBPOENA bank executives, Federal Reserve officials, and Treasury Department personnel to testify under oath
INVESTIGATE whether mortgages are void for lack of consideration
EXAMINE the constitutionality of allowing private banks to create public currency
AUDIT the Federal Reserve's role in facilitating this fraud
PROSECUTE those responsible for systemic fraud under RICO and other applicable statutes
PROVIDE RELIEF to millions of homeowners who have been victims of fraudulent foreclosure
REFORM the monetary system to prevent future fraud
RESTORE transparency and honesty to American banking
PROTECT future generations from debt slavery

RELEVANT CONGRESSIONAL COMMITTEES

This petition should be referred to:

House Committee on Financial Services
Senate Committee on Banking, Housing, and Urban Affairs
House Committee on the Judiciary
Senate Committee on the Judiciary
Joint Economic Committee
House Committee on Oversight and Reform

SPECIFIC LEGISLATIVE ACTIONS REQUESTED

The Mortgage Fraud Investigation Act — Establishing a special commission to investigate systemic fraud in mortgage lending
The Truth in Money Creation Act — Requiring full disclosure of how loans actually work
The Homeowner Protection Act — Placing moratorium on foreclosures until investigation is complete
The Monetary Reform Act — Reforming the Federal Reserve and money creation system
The Debt Justice Act — Providing relief for fraudulent debts

THE AMERICAN PEOPLE DESERVE ANSWERS

For too long, the American people have been deceived about the nature of money and debt. We have been told we are borrowers when we are actually the creators of money through our signatures. We have been threatened with foreclosure for failing to repay "loans" that were never loans at all.

This is not a partisan issue. This affects Democrats, Republicans, and Independents alike. Every American with a mortgage has been deceived. Every American who has lost their home to foreclosure may have been illegally dispossessed.

The evidence is clear, documented in the Federal Reserve's own publications and confirmed by banking insiders. What is lacking is the political will to confront this massive fraud. We call upon Congress to fulfill its constitutional duty to regulate money and protect the American people from systematic exploitation.

PETITION SIGNATURES

Lead Petitioner:

Name: [YOUR FULL NAME]

Address: [YOUR ADDRESS]

City, State, ZIP: [CITY, STATE ZIP]

Congressional District: [DISTRICT]

Email: [EMAIL]

Phone: [PHONE]

Signature: _________________________________ Date: __________

Additional Signatures:

Name: _________________________

Address: ______________________

Signature: _____________________

Name: _________________________

Address: ______________________

Signature: _____________________

Name: _________________________

Address: ______________________

Signature: _____________________

Name: _________________________

Address: ______________________

Signature: _____________________

CERTIFICATION

I hereby certify that the signatures on this petition are genuine and were signed by persons who support this call for Congressional investigation into mortgage fraud and money creation deception.

Lead Petitioner Signature: _________________________________ Date: __________

Submission Checklist

Fill in lead petitioner information completely
Gather additional signatures from affected homeowners
Identify your Congressional representatives (house.gov, senate.gov)
Make copies for each office you'll submit to
Schedule meetings with staff if possible
Submit to your Representative and both Senators
Send copies to Committee Chairs listed
Consider online petition platforms for additional signatures
Coordinate with press release for media coverage
Document all submissions and responses

Maximizing Impact

Numbers Matter: The more signatures, the more attention
Constituent Focus: Representatives pay attention to their own district
Follow Up: Schedule meetings with staff to discuss in person
Media Coordination: Deliver petition with media present
Coalition Building: Partner with consumer advocacy organizations

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