Gross Negligence Fire & Equity Stripping
By Mitchell Vexler, January 12, 2025
Gross Negligence = Criminal Conspiracy to Defraud
A. Legislators who hire people to write bills (intent) involving finance who know nothing about the math of median household income or the laws, which results in equity stripping of the property owners from which pet projects and selective enforcement are derived = gross incompetence = volatility.
B. Signing a bill that ignores the laws of the State of Texas + U.S. laws (see violations.pdf) + the math of median household income (approx. 37%+ will lose the roof over their head and or go bankrupt) = intent = gross negligence = volatility squared (σ2) = California Fires and Texas Equity Stripping
C. This is Criminal.
If A = B and B = C, then A = C
The Gross Negligence created the Criminal Conspiracy to Defraud.
Criminal Conspiracy to Defraud = Equity Stripping
- Annual real estate taxes in perpetuity, that are so high, any potential gain on the sale of the property is stripped and a profit made impossible.
- Land beneath the property is constructively a ground lease where no such law or contract exists.
- A fraud on all property owners by overvaluation, resulting in over taxation, perpetrated by The Executive Branch which authored the ability for the Taxing Entities to exist and which own the Central Appraisal Districts all of which claim, “no enforcement” (per State Comptroller, TDLR, TALCB).
- A fraud so large that it will force roughly 37% of the households to lose the roof over their head and or go bankrupt. The difference between survival and bankruptcy is $9,000, of which the average real estate tax is $7,000. This is expropriation of wealth = roughly $1,139,000 Federal debt + $240,000 Local debt per household.
- Reverse Amortization Schedule where the debts of the Taxing Entities (School Districts) can never be paid off by the “implicit guarantors”, for which there is no contract.
- Incomes do not and cannot keep pace with the depreciating purchasing power.
VIOLATES Title 42 U.S. Code Section 1986, Knowledge of Wrongful Act & Power to Prevent
REPEAL THE REAL ESTATE TAX IN FAVOR OF THE UNIFORM STATES SALES TAX
Resources:
Economic Fraud, https://www.youtube.com/watch?v=3r5LURDt7lA
List of Violations, https://irp.cdn-website.com/39439f83/files/uploaded/Partial_List_of_Violations_Reviewed-052224.pdf
Jeremy Bagott, MAI, AI-GRS, https://mailchi.mp/2a23230963ef/jeremy-bagott
Real Estate Mindset, Travis Spencer, Home Value Fraud Series, https://www.youtube.com/playlist?list=PLo3dZB8Cn9QuemgK3OwUL1qncSqqlfXl_
George Gammon of Rebel Capitalist with his attorney Robert Barnes, https://www.youtube.com/watch?v=RZK2a8e9gqA
Dr. Chris Martenson of Peak Prosperity, https://www.youtube.com/watch?v=6lCQqGgGMPk
Robert Helms, Uncovering Evidence of Massive Fraud, https://realestateguysradio.com/podcast-uncovering-evidence-of-massive-fraud-in-property-tax-valuations/
Michael Bordenaro, https://www.youtube.com/watch?v=uy3vsw30yYw
Melody Wright, https://www.youtube.com/watch?v=MnuIG-7onR8
JD McCleod KW (series), https://www.youtube.com/playlist?list=PLCYOjMnViaEWx-L1TWl45keK7yK-Gb_Zj
Luke Smith with Market Mania (Canada) https://www.youtube.com/watch?v=4un987al2lw (part 1)
https://www.youtube.com/watch?v=AMpeeiDH-Yk (part 2)
Mike Adams with Brighteon, https://www.brighteon.com/4ddf6d1b-75a7-412c-9cd5-ce283da5b5a0
Travis Spencer, Free Course, Fight Property Tax, https://real-estate-mindset-homebuying-101.teachable.com/
Kate Dalley, December 17, 2024, https://www.katedalleyshow.com/
U.S. Debt Clock, https://www.usdebtclock.org
Mitchell Vexler, What is Inflation – Truth vs Omission, https://www.youtube.com/watch?v=Y0XsvlT3jp4
Additional Information:
The depth of the issues results in Equity Stripping. Mom and Pop’s equity is being stripped by the day, and we are showing how it is done. https://www.youtube.com/watch?v=OygI2uG9_J0
As seen in the above linked video, there is no escape from this debt. Paying for the government’s fictitious promises in paper money will result in a constantly depreciating currency, thereby impoverishing those who earn a wage or have savings. Inflation is a hidden tax, and it is very convenient for governments because they always blame shops or businesses and present themselves as the solution by printing even more currency or manipulating the real estate mill rate or market value from which to derive the fraudulent assessed value.
Governments want more inflation to reduce the impact of the enormous debt and unfunded liabilities in real terms. They think they can’t tax you more, so they tax you indirectly by destroying the purchasing power of the currency they issue.
High taxes are not a tool to reduce high debt, but rather to perpetuate the expropriation of national wealth which is Equity Stripping. Countries with high taxes and big governments also have enormous public debt levels.
If you thought the monetary destruction, we have witnessed in recent years is excessive, without every property owner getting involved in stopping these violations of law, the suffering we will endure in the future will be worse than the great depression.
In 2024, the world has seen more than seventy elections where none of the parties with access to power even bothered to present a realistic plan to cut debt. Governments and politicians understand that they can make any promise using someone else’s money, and many voters will blindly accept the fallacy of taxing the wealthy which would only last days in proportion to the interest on the debts outstanding and compounding. Naturally, currency debasement leads to widespread impoverishment and as shown in the above video, you as a taxpayer owe roughly $1,139,000 today on the Federal level, plus roughly $240,000 on the local real estate Taxing Entity level, plus your mortgage, plus your credit cards, and this assumes the Federal and Local debts are frozen in time which they are not. You are deemed the “implicit guarantor” of the municipal bonds and school bonds for your County. If you receive nothing of value in exchange for the alleged services your government offers except to pay for their debts created by fraud, then the “implicit guarantor” term can be substituted for economic slavery.
There are roughly 143,000,000 homeowners in the U.S. and every single one of them at a minimum should see the resources above.
Are you going to remain part of the problem, or become the solution?
M.
