So many other investment Banks and Banks Uh really got quite frankly caught up in The housing bubble but like every bubble The bubble ended and when now we're Seeing the downside of that bubble Following the same risky practices that Sunk former Giants Fanny May and Freddy Mack Leman also had a hand in securing America's high-risk subprime mortgages Believing that the popularity and sheer Volume of those loans would net huge Gains but it didn't you can bet the FED Would have gone into an emergency Meeting because that would have meant That the stock market itself would have Gone into what's called a circuit Breaker This Will Blow it's just a Question which one of these entities Blows first and then that'll set forth a Panic in my humble opinion that this Will end up being worse than the Great Depression it's over as hell is coming For the economy and welcome back to real Estate mindset today's video is going to Be absolutely Bonkers now the data is in And today we're going to talk about the Multiple systemic failures that are Happening around economy we're going to Talk about how the school districts are Bankrupt how pensions are wiped out the Fraud the corruption all of those things Guys and then we're also going to talk About when we expect everything to Collapse and the important thing is what
You can do as a consumer citizen to find A solution and to protect you and your Family and I have a guest star you guys I have the community hero the community Expert Mitch vexler Mitch how's that Petition coming um the answer to the Question on the petition is that we've Had roughly 238 signatures in the last Couple of days and I just wanted to take A minute to thank everybody who has Signed up because it's crucially Important in that we intend to use that Petition to show the judges that real People are affected by this problem and It's just as crucially important to Forward the videos to your friends and Family and anybody who has an interest In this so that they can understand how They're getting hurt and again that goes Right back to the petitions so thank You it's important um with regard to Your next question yes in my humbled Opinion hell is coming for the economy And I put together a list of a Cumulative effect of different items That we can review this morning and have A discussion about we're going to do the Best we can to get through a laundry List of issues systemically and problems So we're gonna try to keep this under 40 Minutes right Mitch you're leading boss okay like I Said we're gonna try now where I want to Start is and I'm going to get to
Unfunded liabilities here in a minute Which is 1.3 trillion as of 2023 uh I Want to get there but I want to start uh By talking about how the schools Mitch Are already bankrupt can you explain to The viewers why the schools right now Not all of them but a lot of them are Bankrupt as we have discovered through The dcad situation and now multiple Attorneys across the United States Reaching out to us um that issue with The school districts is rampant in that The school districts are in fact a Taxing entity they own the cads so the School districts the tax municipalities As a taxing entity they own and control The cads well the money from the cads Gets divvied up to the school districts And as you heard in the video yesterday With Jeff marshburn The reality is that the school districts Have taken it upon themselves to take Unilateral Bets with the taxpayers money On basically something that does not Yield an economic return so not only is That a huge issue in and of itself but When they go out and they raise bonds For driveways sidewalks roofs buildings Stadiums those bonds have a minimal Chance of getting principal repaid Because remember the principal has to Come back and the interest on those Bonds and or mortgages has to come back You can study an amortization schedule
What you'll see as we go through this List this morning is that every one of These individual line items has a Cumulative effect meaning they all add One upon the other upon the other so It's not just the debt loads but it's The debt plus the interest payments and That's what we're going to discuss this Morning Yeah and I want to go right in now to The pensions uh being wiped out and for The viewers this is called this is crazy And I'm about to show you and you're About to learn right now if you don't Already know but the pensions are known As unfunded because they're not paid for Yet unfunded liabilities and real quick Mitch let me show the viewers what I Found uh because Mitch helped you know Me understand what was going on this is An article from reason Foundation this Is suggesting as a forecast that state Pension debt totals $1.3 trillion at the End of 2023 personally Mitch I didn't Know how bad it was I assumed that Everything was fine and I didn't have to Look under the hood and I was surely Mistaken and thank you for helping me Wake up to that that I can't trust the Math because there is no math but this Is newly released forecasting by the Pension Integrity project which is Essentially indicating that state Pension systems will likely remain at
Historically high debt levels and when We throw up this chart right here this Is absolutely insane this is United States this is unfunded liability and It's getting way worse this is so crazy And you can tell this is all the states Right here you see which states have the Biggest well I was going to say fraud But let's just say mismanagement of the Funds I mean look at Alabama Mississippi South Carolina Illinois Kentucky New Jersey uh and then in yellow Texas Louisiana uh Colorado New Mexico I mean Holy smokes Mitch it seems Like unfunded liabilities a loan can Crash the economy do you expect that Some type of stimulus will be created Like some type of teacher or School Bailout so can you tell us whether or Not you think that's coming and then can You explain just how bad unfunded Liabilities Are okay so let's start with the second One the unfunded liabilities are Absolutely the tip so in other words It's the cads that are creating the Fraud the liabilities are in fact Government overreach and or government Overspending You cannot pay back the debt on either One for a very simple Reason as you've seen in the dcad Situation and those numbers replicate Themselves the only thing that's
Different is the denominator between one County and the next and the denominator Is in fact the median household income In the case of Denton County if you have $109,000 in median household income well There is no money off that median Household income and we know that Because 37% of the House of the Households be it multif family Households and or single family Households cannot afford the roof over Their head and or will go bankrupt Meaning the combination of just that 37% Of the households alone is clear Irrefutable evidence that these unfunded Pension liabilities cannot be paid it's Two different issues an unfunded Liability on one hand created by the Governments in terms of the pensions That's one issue the other issue under The hood is in fact the 37% of the Population meaning there of the Household population meaning there is no Revenue to pay down just that single Item of the unfunded pension liability There are dozens of these problems so as I said at the beginning of this video It's the cumulative effect when you take One unfunded liability and then you add The fact that they're ignoring multiple Laws then you add in the interest rates That are boing up and down at the whim Of the FED is purly reactionary when you Start adding all this up the key word is
Cumulative effect they cannot be Repaid let's talk let's go a little bit Further down this Rabbit Hole let's talk About fraud which is another name for Illusion of legitimacy I think and by The way you coin that so let's talk About some illusions of legitimacy and The fraud and how they're gambling with Our money let's talk about how the stock Market is an illusion of legitimacy the Low the low unemployment rate illusion Of uh legitimacy the reverse repo Market Illusion of legitimacy but before I do That can you explain to the viewers this Right here Mitch which is your it's kind Of hard to see but this is your present Uh to me as you titled in your email and Can you explain how the you know the Cats are making more money than than Apple a lot more I mean can you explain What I'm looking at here brother yeah so If you can blow that up because it's a Little bit hard to see but the the Reality is that Apple generates 1.24 Million roughly per Employee and decad costs the taxpayers Roughly 135 million per employee one is making Money the other is stealing money so What I'm showing you there is the Efficiency of the theft the efficiency Of the theft by dcad is 678 times greater Than that of the revenue of an apple
Which is by any definition the most Efficient corporation on the Planet well it's not the most efficient Process though because it appears that Fraud is the most efficient process Sadly for them though mitcha it's Against the law and I don't believe There's a statute of limitations on Fraud uh until it's discovered if I'm Not mistaken so have fun with your fraud Guys if you're committing it there's no Statut limitations they will find out And they will smash you eventually I'm Just going to move on let's go into Illusion of Legitimacy starting With the Central Appraisal District Value fraud Mitch I want you to you know We've explained to the viewers multiple Times now how they're generating Assessment value and taxing us on our Properties without the math without Following the law which is the usap Which is uh uniform standard Professional appraisal practices so They're not doing that but I want you to Cover that CAD value fraud how that Systemically hurts the economy and can You go into the you know the 2301e uh and maybe even a 313 Agreement okay so the 2301b and 2301e are clear Violations of the Texas property tax Code and they're required under the
Texas property tax code and they are Completely ignored and violated by the Cad against the vast majority of Homeowners and commercial property Owners and that's extraordinarily easy To to prove I even sent you a one this Morning on a on a home here where its Value went up 61% between 2023 and 2024 Yet there is no math there is no clear And convincing evidence which is Required to justify a 61% increase in a Home value anywhere it's not in their Computer system systems in other words What they did is they simply overwrote The computer system by hand and we have The evidence of that from Mr Spencer the Chief Appraiser's own testimony where They took 60,000 properties outside of The database manipulated them and put Them back they were manipulated in Excel And put them back so the proof is that They are simply making it up they're Guessing over and above that we have Testimony from Charles Stafford telling Mr Spencer himself in a uh meeting a Public meeeting under threat of perjury Mr Spencer you and your team are the Masters at guessing well okay if the Masters at guessing they're hand Overwriting and it's their own testimony How exactly could those statements not Be true when they're done under threat Of perjury there go that's how the fraud Is being committed I mean I guess they
Didn't guess uh that they were Committing fraud so I guess they're not Masters of guessers and Mitch here's What's interesting we Mitch and I I Don't know we were up late last night Mitch sent me uh an appraisal workup From I think it was the fort Ben Appraisal District we had a user reach Out to us and we're reading this and After an hour of of Mitch and I reading This ridiculous report we finally were Able to eliminate page three of this Report so it took us an hour and by the Way you guys only have 15 minutes in Front of an ARB and it took Mitch and I Together with our experience an hour to Figure out the game that they play and So Um the thing is is during this exercise I you know just because it was late and I don't know why we were working so late But I did a calculation because we Noticed that the comparables square Footage were off compared to what they Sold for on MLS so the county assessor Is saying these houses are bigger than They are listed for on MLS so either MLS Is wrong or the cat is wrong and Honestly guys there's a new FHA Guideline that says appraiser must Remeasure because cat is Always uh cat is always confusing the Size of houses in other words it's too Big and so I did an exercise on if those
60,000 comps that were taken out of the System if there was only a variance of Only four square feet so they were four Square feet bigger just four no one's Going to pay attention on four square Feet that can yield up to $700,000 in net revenue just four square Feet variants so it's a huge deal now Mitch can you explain how the school Districts are also gambling uh with Pensions gambling with bonds and Basically exposing them to really bad Business um and can you explain that in In the sense of on those 313 agreements The solar Farms how the solar Farms uh and things like that are Absolutely ravaging the school districts Right now well with regard to that issue In the Solar farms in my home opinion For what it's worth the FBI should pick Up a field office and drop a dead smack In the middle of that community and Start arresting people because the idea That a school district is actually Spending taxpayer money without any Guarantee or any Nexus to return that Money and act as the goet for a Developer of those solar Fields is just Off the charts criminal it's just Something that shouldn't happen they Don't have the authority to make it Happen the school district obviously has Never been challenged on this point but Nonetheless the members of the boards of
The school districts did sign an oath And that oath in the state of Texas is To protect the constitution of the State Of Texas and that of the United States Of America well if you're not protecting The taxpayers rights and you're taking Unilateral bets without any guarantee or A modum of a statement of Return of Interest and Profit that's a violation of both Constit Tions Mitch can you talk to the viewers About you know because we're on the Illusion of legitimacy can you talk About how the stock market Euphoria is Actually an illusion of legitimacy and You Know that sucker can crash can you talk About the stock market and your Expertise There yeah it's a big topic but the Issue that you're seeing what has Happened in the last two weeks uh Especially what happened this week on Monday Um is in reality a Ramification of what has happened during Co when the government chose to pump in Give or take in the last four years Around 20 trillion dollar in order to Help offset some of these damages from Co so again it's the key word is Cumulative well that money's got to go Somewhere that money is slashing around
And that drives the values up and then The cumulative effect an add-on effect Of the federal Reserve Monking you can go back 16 years 20 Years it doesn't matter the Federal Reserve as I said yesterday in reality Is nothing more than a reactionary Device designed to cover off the the Banks the Federal Reserve exists to Benefit the banks not the population so The cumulative effect of all these Things that we're talking about are Items that cannot be paid back and Eventually there will be a default and That's why when we say hell is coming When that default occurs nobody knows What that economic damage will be but The good Faith of the US government will be Shot the US government more than likely Will default and the other you could say Well we'll just keep printing money to The cows come home yeah have you ever Heard of the wymer Republic how well did That work when it took a wheel barrel of Cash to go buy a loaf of bread the Answer is it didn't and that's what Happens the cumulative effect these Things are really really bad and that's Why they getting these videos to the Politicians getting the videos out to The public to help people prepare and It's it's not that we're doomsdayers Right but the reality of it is the math
Doesn't work so something has to give This will break it's just a question how How do you help control the Damage well I mean the other thing Mitch Is the reality is is you and I are both Bullish from what I know about you we do Not like the situ I want to go I want to Go sell houses brother I want to go find My primary residence I'm choosing not to Because just like what you just said the Simple Elementary School math is just Not there and in fact you're a developer Builder can you explain to the the Viewers why are you're not building Anymore well for the same reason I don't Trust what I see and I'm I'm able to Quantify and that's what we've done on Our website at mockberg properties.com Dcat there is a mountain of Quant ified Evidence so everything that's coming out Of my mouth is literally backed up on That website and when you have that Amount of evidence the only thing I can Say is look I'm a builder and we are Extraordinarily good at what we do but If I don't trust what's going on under The Hood um why would I put my company In Harm's Way of something that I Can't I literally can't justify what I'm Seeing and as a builder We're only as good as our tenants can Pay rent if my tenants can't afford the Rent I'm doomed and what we saw coming a
Year and a half ago is basically even Though you and I didn't know each other At that time but what we've accomplished In the last week is is outlining these Problems and the way that I look at it Um the problem that we Have I can't justify moving forward on New construction because I know because We've Quantified it if I spend $300,000 On a unit to build it a multif family Unit that means that my tenants have to Pay $33,000 a month what are the Probabilities of my tenants 100% of them So it's 100% of 95% of the occupancy Being able to afford $3,000 a month well The answer is about 30% meaning if I Went to construction today I would Literally be one of those otheres who Are building a building on 70% credit Risk I couldn't go to my investors do That I wouldn't do it for myself I Wouldn't ask anybody to put their money In so the net result of this is and the Reason why I'm sounding these alarms and Asking people to forward these videos You're putting yourself In Harm's Way if You don't understand what's going on Around you and the reality is these Bureaucrats who know nothing about what They're preaching and keep nibbling at The edge to try and fix a problem are in Truth interfering with my ability to Make a living well if they're Interfering with my ability and I know
What's going on what are they doing to Everybody else oh man I mean we see I Mean we see what they're doing and to Outline some of these problems and you Know you know let's talk about you know I mean one of the big problems Mitch is And this is because I asked myself like Why is this so hard for people to see It's the inflation the the inflation Itself is an illusion of legitimacy and So can you kind of explain how you know Monday we we had a crash kind of Happening it it it appear to be reversed Can you explain how the liquidity in our Economy is actually drying up and we can See that actually in the reverse repo Market can you explain the reverse repo Market and the fact that it's finally Starting to drain again okay two two Different issues so the lack of Liquidity that occurred on Monday Morning Pre-market was absolutely horrific for Anybody who was using options because The volatility went from roughly 19 to 52 Overnight and had the market crashed Below that double bottom that we spoke About you can bet the FED would have Gone into an emergency meeting because That would have meant that the stock Market itself would have gone into What's called a circuit breaker which is A hard stop and I think it's down 7%
Roughly now that didn't occur however The shake of the lack of liquidity and The vix which is a volatility index Going from 19 to 52 caused a massive Amount of damage to the point where why Did Bitcoin drop so much why did silver Drop so much well there's something That's called clustering and When blank hits the fan for lack of a Better word the clustering effect kicks In well in the case of Bitcoin and the Case of silver those are the same as Cash so when the margin Notices occur because the vix spiked People needed cash well where do they Get the cash it's easy they sold their Bitcoin and they sold their silver and They did it in bulk and that drove those Markets down that's a buying opportunity In both however we're not giving Financial advice but if somebody is a Trader they would recognize what was Going on if they were a good Trader and Take action accordingly it's kind of a Gift and the same thing happen so if you Look at Monday afternoon When the market started to calm down That when we mentioned that double Bottom if somebody was a skilled Trader They literally could have gone into the Market at that point and sold positions So they they could have bought a put Spread and sold two two puts below it They could have done all sorts of things
And right now as of this morning they Would be up massively so people freaked Out because it was a hard hit on the Volatility not necessarily a hard hit in Terms of the numbers for the market to Be down 4% given where it was close to Its all-time high is not horrific but a Spike in the volatility which is what we Study right we use volatility of Everything we use standard deviation When we're under construction we're Looking for problems so we use standard Deviation then we look use Monte Carlo Analysis to judge that volatility and Play what if games and even for myself For the last five years I've had a Nagging question of what would happen And we modeled vol Volatility but it's hard to model Volatility when it jumps 300 or 400% in A matter of hours because the liquidity Is simply gone and that's what happened To everybody can you talk about the Volatility now in the labor market and How a 4.3% unemployment rate is in Addition to what we mentioned an Illusion of legitimacy uh and how when We look under the hood of the labor Market what do you see what do you what Do you see what is Mitch vexler see past The headlines in relation to Unemployment in the labor Market we track the employment for Obvious reasons like I said I'm a monkey
In the middle right I'm only as good as My tenants can afford to pay rent so we Track it very seriously because that Tells us if we were going to build what We will be looking at in actual Occupancy the reality is that any Division of the government that isn't Telling the truth or cooking the books That's a clear indication that that Division of the government needs to be Shut down in its Entirety and what you have with the Bureau of Labor Statistics and these Numbers while we're tracking employment We it's 4.3% unemployment yeah no it's Not not even close because it doesn't Track certain components how many people Have two jobs how many people have three Jobs how long have they been in the Country are they illegal immigrants blah Blah blah so when you add all these Things up you're right back to a Cumulative problem well we're tracking 10.8% % at a minimum right we're giving The benefit of the doubt to the Government at that 10.8% all you got to Do is add 20 million people to the Unemployment rules and figure out okay They're lying or go they've cooked the Books the statements and then they turn Around so you watch in 90 days from now They'll come up with a revised report Yeah it wasn't really 4.3% it's really Four 5.2% it's a continuous lie it just
Simply isn't true because they keep they Move the goal post they don't want to Tell the truth they just simply say well We'll just move the goalpost in order to Create the narrative and then they pump The narrative in the market and anybody With a brain cell can see right through This you know Mitch you I look at you as An expert in commercial real estate not Only just purchasing and analyzing Commercial real estate but also the Development and the conversion of it Meaning you are you have that skill you Have the experience and because of that Experience I would like if possible for You to you know for you to going into The commercial real estate meltdown I Believe we have a few black swans Every's talking about the Black Swan Well first of all it's a Black Swan you Don't see it coming so it's kind of like Ah whatever but I've been asking myself Like what is it gonna set this all In Motion minus the fraud corruption in the FED right like we already know that's There I look at the commercial real Estate meltdown is is what is going to Really trigger the recession because of The massive losses the fact that if the Banks Foreclose they go Bank rupt if the bank Forecloses on these for these some of These commercial properties they go Bankrupt that's that's so hard for me to
Fathom that more of that is not being Released to mainstream media it's Doesn't appear it's being taken into Consideration for a recession I mean There's almost no one talking about Recession in commercial real estate Mitch can you go into the commercial Real estate meltdown the fact that the The true value for some of these is Actually just land minus demo and They're hiding risks because you analyze Risk for commercial real estate and how This might impact the regional Banks Which could lead to recession well I Know you already think we're in Recession but can can you explain a Little bit of this sure okay So there are I I mentioned that there Was an office building in Downtown Denver 387,000 feet that's the prime Example where this a drop dead gorgeous Building it resembles the bass buildings In downtown Fort Worth I mean this is Nice product the problem is it's 30% Occupied and when you put a performa to It which we did um we took it out 10 Years and the reality was that property Would not generate 10 cents in profit Following 10 years of effort so then we Looked at saying okay fine on an Adaptive reuse which is what we would do And convert it to multif family because The floor plates are large it makes it Difficult so what we said fine we'll
Notch a C-section out of the middle of Those buildings such that the fire Marshal laws and everything else would Conform to the buildings we'd be able to Get the windows to open etc etc so we Ran that math that was about $500 a foot Okay that did not work so what you end Up with in reality are buildings that Are functionally obsolescent they no Longer have a purpose so then the Question becomes what are they worth Well they're worth land minus demolition Assuming you can put something back on That land and that is a big assumption Because what you would end up putting Back would be considerably less in size Unless you were prepared to sit on it And hold it for the future but the Bottom line is it's a Giant Vortex straight into the Earth Because you can't get anything to work Economically if you simply say okay fine Land minus demolition we'll pull the Trigger okay you still have millions Spent in Demolition and therefore if you if you Bought it and said okay I'm just going To buy for a dollar and tear it down That's millions of dollars of sunk cost For an undetermined amount of time of Investment on the hope that something Will be useful on that land somewhere in The future and therein lies the problem The banks are sitting on thousands of
These assets Hilton Times Square being Torn down Sheran Time Square being torn Down why because the land below the Buildings on fourstar hotels Is worth more than the revenue stream That those hotels could ever generate And they're now functionally Obsolescent so the banks Refusing and we have actual knowledge Firsthand knowledge of this um because We've been asked to help a couple Companies out one of them we could not Help out um because of what had happened From the GC committing fraud stealing Money Etc but that bank for almost two Years now has refused to foreclose now I Want to point out that bank is what I Would call a small middleman bank so What they did is they went out to a Bigger bank and they borrowed the money Then they loan that money to the Developer and they charged a fee in Between so let's think about this for a Second so they borrow money at 5% they Pump it out at 8% so they pick up 300 Basis points spread of Interest the equity is going to lose 18 Million dollar maybe 18 A5 million from Front to back is going to get wiped out Here's the problem for the bank for the Middleman Bank the interest rate that They were getting on their money they're Not going to collect because this entity Is bankrupt right there's no place to go
To get the money now who's going to Offset the principle of the several Million dollars that they put into that Property and if you think that bank is Got 7 million in cash on hand this Middleman Bank you would be wrong Doesn't sound like there's going to be Good things to come for the banks which Is I mean it's not hard to see that so People shouldn't be surprised but let's Move on you know we've explained to the Viewers the the massive fraud corruption The overvaluation schools are bankrupt Pensions are wiped out commercial real Estate meltdown unaffordability the Consumer literally suffering on every Single turn but Mitch let me ask you man When does this collapse and also can you Help me understand because I've been Listening to a lot of these politicians Back in you know 2005 2009 do you think that they just punted The depression of 2008 it's almost you Know all the politicians will come on The video and say if we didn't do this We would have went into a depression in 2008 do you think that they just you Know again did they just punt that when Does this collapse has it Already no you go broke slowly and then You go bankrupt with a big boom and the Big boom will come when a massive Default at a government level occurs now You saw that default occur in Detroit
Because Detroit filed bankruptcy Chicago Is bankrupt by any definition they don't Again don't have enough money to cover Off their unfunded liabilities that's Clear and so everything is nothing more Than punt it down the road with this Magic money Theory which is we'll just Keep printing money till the cows come Home but the problem as I said you end Up in the wymer Republic if they can Keep it going that long I don't believe They can the Tipping Point will occur When one of these government entities it Could be a municipal Bond it could be an Unfunded liability on a pension in other Words the pension itself goes bankrupt Quickly you don't know where that Tipping Point is coming but when you add Up all these items that we're talking About there simply is no math there's no Money to pay for this so sticking your Head in the sand politicians and Thinking well we'll just punt isn't Going to get the job done so if you go Back to 2008 2009 your question was did They punt that time absolutely because The credit default swaps that they shov Down the toilet of Deutsche Bank in Reality still exist so all they've done In this time is pump the problem up Because they've kept creating the debt With no mechanism to pay it off and Therefore as I keep saying This Will Blow it's just a question which one of
These entities blows first and then That'll set forth a panic in my humble Opinion that this will end up being Worse than the Great Depression you you have to get rid of This debt in order to start over and Like you said yes I'm bullish right I Just don't like my way of making a Living being interfered with by somebody Who literally can't add one inone you Know why don't we just call ourselves Bullish but not stupid there you go There you go so so we're actually you Know I have a bear right there just just To troll the the Bulls but it's just Like you can be bullish but but use the Math if you're if you're going to be Bullish and not use math and use your Emotions I'm not going to listen but Let's move on to our last segment right Here and I want to get your update on How the lawsuit's going and how the Petition is going but first for the Viewers how can the fraud the corruption The greed be stopped do we need to go Into a depression do we need enforcement To step up the prosecution how can we Fix the math do we run for office do we Sign your petition how do we make this Stop Okay so when economic problems occur you Want to circle the wagons which is an Interesting Statement circling the wagons in this
Case means the input of everybody that's Watching these videos and everybody That's signing the petition the reality Is you cannot fix a problem that does Not want to be fixed the taxpayers need It to be fixed because the circling the Wagon means making sure that your own Household is prepared to weather a storm When you do not own the real estate that Your house is sitting on because you are Paying a tax based on a subjective value Not an objective value usap uniform Standards of professional appraisal Practice is a fine document and it is About being objective to Value the Problem is the cads don't give a damn They do not adhere to the law they do Not adhere to usap therefore the Solution to circling the wagons on your Own house is in fact the elimination of The property tax in its entirety because You cannot allow the subjective nature Of what these people have done these are Pure straightup criminal activities Because they completely ignore state law And federal law and usap which they State well we adhere to usap well if That statement is true then how in the World do I have that mountain of Evidence sitting on our website the Elimination of the property taxes is the Only viable solution to shore up the Value of everybody now the commercial Property owners and the single family
Property Owners but in order to Accomplish that those owners and even The even the the the people are paying Rent because they're paying the taxes Too everybody's got to step to the plate You can't sit back and just say oh wo is Me we're giving you the tools we're not Charging for this this is all free Everything you're doing on this website Is free so people don't have any excuse We need you to get involved here because It's to your Benefit yeah it's I mean it's no we got To stop the taxpayers from being passive We have to understand that there powers In numbers and the really only way that We get to stop is in those numbers Filing lawsuits not being passive Mitch Can you quickly give us a breakdown of The progress that you've made through Your lawsuit and petition sure we're at The appet division right now in Fort Worth um if I'm not stake and the brief Will actually be entered if not tomorrow Which is Friday uh on Monday so they're Getting ready to put that brief forward Um we'll win it'll get punted back to The the original court and at that point We'll be able to present our evidence in Front of that judge and assuming that Judge is Honorable and we'll take it Forward that's all good we just need to Be able to present this evidence and That's all this is really about and that
Is why that petition is so important Because we intend to show the judge These are real people that are being Affected by this and we you your honor Should be paying real close attention Because we're not going to stop I I Honestly believe this is headed for the Supreme Court of the United States and And Mitch it's it's not just the Petitions it's you've had Attorneys uh and homeowners from other States around the nation and I believe Even Canada if I'm not mistaken reach Out to you is that correct yes Ontario Canada Los Angeles Chicago multiple Attorneys recently as in the last three Days out of Chicago um Florida all throughout Texas Um there's a lot of problems And that ramification across the US Again is why it doesn't matter where You're coming from just sign that Petition if you understand what's going On here and we're able to reach you that Petition is really really important as Are these videos because your friends And family need to understand what's Going on and they should be jumping up And down saying no we have every right To own our home and we and in truth look The War of 1812 was fought over this Exact issue the United States became the United States because it had to separate From Britain because Britain insisted on
Charging a tax where no value was being Added I mean look at us now I mean you Know it's just like you said just the Passiveness anyways Mitch I'm going to Get us out of here I think we got under 40 minutes I'm not sure this says over 40 minutes so hopefully the editing will Be okay but one more thing to the Viewers give a hand of Applause for Mitch our community expert real estate Mindset expert and do us a favor just Take 10 seconds of your time and sign The petition the petition is linked in The description below and other than That guys I hope you found overwhelming Value in this video we hope you're Caution just be careful with your money Just please don't get trapped in the rat Race and other than that if you're out There investing in a real estate we wish You luck and we hope you win
