When Confidence Crashes... Opportunities Rise!

By Mitchell Vexler, November 17, 2025


What makes confidence crash?


  • Manipulated Data
  • Systemic Institutionalized Moral Hazard
  • Fraud
  • Propaganda
  • Willing suspension of disbelief
  • Inflation
  • Working and having no money to show for your efforts
  • School District Equity Stripping, the principal reduction from your mortgage and flipping it into property tax of which roughly 83% of that property tax goes to a fiscally, morally, bankrupt, criminal school systems, that levered the tax receipts into bonds for up to 40 years while deeming that you the property owner will pay for their crimes
  • Ignorance of what is missing in the data. (see all of the above)
  • Not spending quality time with family.


Decreasing confidence is the warning sign.


When markets crash, opportunities rise!


The stock market is its own ecosystem / economy; it can go up, down and sideways. Just like people’s confidence, being irrational exuberance, depression, and it will be ok. The question is over what time frame? 5 minutes, 1 day, 1 month, 1 year?

 

What is missing from the press and government modified data is the Personal Household Finance showing that roughly 37.8% of households being roughly 42,000,000 homes where the Median Household Income does not exist to pay property taxes which have gone up fraudulently by approximately 100% in last 5 years which still cannot pay off and retire the fraudulent school district bond debt.  Today on average over 8.6% of a family’s gross income goes to property tax and the difference between going bankrupt for the majority of households is $9,000 of which $7,000 is property tax.



What are the options with regard to the property tax and fraudulent school district bonds?


The government could do nothing being the equivalent of hear no evil, see no evil, & do evil.


The government could create a Debt Jubilee.


The government (State and Federal) could repeal all property tax in favor of the Uniform States Sales Tax, thereby restoring the balance sheet to all property owners, and let the sellers and buyers of the fraudulent bonds suffer the consequences of their lack of due diligence.


The government could claw back the fraudulently paid interest with the goal to save as much of the invested principle as possible. Let the bondholders file suit against the companies that promoted the sub junk bonds.


The government could let the bonds fail.


The government and the courts must allow Ultra Vires to be adjudicated in a court of law.


The government and the courts must remove sovereign immunity in cases involving fraud.


The government could ignore the debt that cannot mathematically be paid off and thus intentionally crash multiple systems possibly simultaneously. The U.S. Government has defaulted on its debt several times in its history. The press will state that this is a better record than most other countries over time. Maybe. However, printing of money by the U.S. Treasury at the behest of the Federal Reserve, which exists to protect the banks, from which assets are not backed, is by any definition is fraud. Printing money to cover the losses from bad debt and to cover stupid decisions to severely curtail the global economy (Covid), causes inflation, which is a hidden tax, which is a fraud on the public. Interesting article discussing the printing of money over a short period of time. https://mises.org/power-market/how-much-did-they-print . Identical to printing money by the U.S. Treasury is the overvaluation and over taxation as a result of the fraud created by the Central Appraisal Districts on behalf of their owners the School Districts. In both cases, what no one talks about is the cumulative effect of the interest on the debt, which was known before the most recent and larges round of money printing was even printed and before the fraud at the CADs started to ramp up in 2016. It is the compound interest on debt that should not exist which in combination cannot be paid off which creates U.S. National Debt deficits and similarly School District Bonds which also cannot be paid off and retired permanently. The compound interest is now magnified, many times larger than the original principal.


If you took the attitude that it is just 37.8% of the households that can’t afford their property taxes and everybody else being the remaining 62% (88,000,000) of the households, will pick up the slack ask yourself how would that be possible as the increase per household would be $2.9 Trillion divided by 88,000,000 being a quick $32,950 added to the forced liability of each household, plus the ongoing school district bond raises, plus the ever increasing outstanding compound cumulative interest? Obviously, that can’t be done and is illegal, then what is the solution? Repeal all property tax in favor of the Uniform States Sales Tax.

 

Who are the winners? The Banks, because they collect the interest on the money loaned. Also, let’s not forget the attorneys, accountants, real estate appraisers, economists and bureaucrats who protect and preach for their masters, all while being intentionally oblivious to an amortization schedule.


Who are the losers? Society.


No one knows the exact timing of a crash and how deep the crash will be or how short lived.


When a crash occurs, this is where the opportunity exists. 


In the meantime, think about what you are not being told about the compound cumulative effect of interest and why you should be involved in the decisions that are forced upon you by those you wish to trust, but have shown a propensity not to be trustworthy.

December 25, 2025
Recapping recent articles, videos, & events related to school & municipal bond debts, property taxes, and the financial stability of property owners and tax paying citizens… along with a reminder that YOU CAN MAKE A DIFFERENCE.
December 22, 2025
Conroe Texas' example of the pattern & practice of Institutionalized Systemic Moral Hazard that's playing out across the US: Public Private Partnerships, School Bond Fraud, Economic Development Commissions. The common nexus is fraudulent overvaluation & over taxation of property, annually increasing to cover up fraud.
December 17, 2025
Prepared to go bankrupt to support your school district that is failing in education & equity stripping your home & future via the outstanding fraudulent school bond debt? Let's repeal all property tax in favor of Uniform States Sales Tax, end the socialist nightmare, & feed those strangled by the socialists.
December 15, 2025
Please forgive bluntness of this letter. The Financial Stability Oversight Council Report December 2025 has a conclusionary fatal flaw especially regarding pgs 29 – 38 which has ramifications in other areas of Report: fraudulent property tax, school district accounting & bond fraud and related State & Federal crimes.
December 12, 2025
What's the connection between Bitcoin, Trading, Federal Reserve, the Texas investigation of over-taxation, socialism, the repeal of property tax, & Precious Metals... a Crisis of Confidence... loss of faith in ability to achieve goals or trust institutions, leading to feelings of doubt & uncertainty about the future.
December 9, 2025
Attorney General Ken Paxton Launches Statewide Investigation of Nearly 1,000 Texas Cities to Ensure Municipal Transparency and Stop Illegal Tax Increases. If you believe a municipality is in violation of Section 103.001 or 103.003 of the Local Government Code you may file a complaint.
December 8, 2025
The Press & Federal Reserve have stated that we are not in a recession. The evidence is the opposite. Any one of the 50 issues presented here is enough to cause a recession or major credit crisis... Existing laws are not enforced... Measures need to be implemented... Stop Institutionalized Systemic Moral Hazard.
December 4, 2025
Basics of economics are not being taught. Health care costs have exploded. Individual, Local, State, & National debt is at all-time highs. Property taxes are stealing equity. Risk of bankruptcy or loss of home is increasing. Restore Mom & Pop’s balance sheet. Repeal property tax, in favor of Uniform States Sales Tax.
December 3, 2025
Inflation, loss of purchasing power, debt, and fraud… The real national security risk is the 37.8% (42,000,000) households that are in harms way of bankruptcy or losing the roof over their head.
November 30, 2025
To expand on yesterday’s Trials & Tribulations of Advocacy for Permanent Change – Repeal Property Tax in favor of Uniform States Sales Tax, this Part II will tie several elements together that we all experience & prove up why we must individually & collectively advocate for permanent change.
November 29, 2025
What does it take to effect change for the betterment of society? Are you willing to learn to help your family and society? Does helping society have to cost you money? Can my family and I benefit by being involved? What can I do to help? What can I expect for my efforts?
November 27, 2025
Your equity is being stripped while you sleep. CADs, School Districts, State Comptroller, Attorney General, Governor, Legislators all collude in promoting propaganda with taxpayer funds to make you to believe “it is for the children” & that there's nothing you can do about it, all while they commit crimes against you.
November 25, 2025
To repeat...Not only is the equity in your home being stripped while you sleep, so are your constitutional rights! This should concern every property owner & every citizen, because you're paying for it regardless of what State you live in. As goes California & New York, so goes Texas! As goes Texas, so goes the USA!
November 16, 2025
If you really want to rescue the credibility of U.S. Dollar, including the governments at both State & Federal levels, then a coherent & consistent plan that the public understands & participates in, must be in place. It's said “planning eases instability, consistency defeats confusion and clarity squashes disorder."
November 12, 2025
The Governor Abbott's six element plan as released on November 9th 2025 is the continuation of the exact same pattern & practice of kicking the can down the road to the next person in charge. Let's quickly pull the plan apart, and then lay out what his "Contract with Texas" should be.
November 6, 2025
Not only is the equity in your home being stripped from you while you sleep, so are your constitutional rights! This should concern every property owner & every single citizen; you are paying for it regardless of what State you live. As goes California and New York, so goes Texas! As goes Texas, so goes the U.S.A.!
November 4, 2025
Comprehensive Review of Texas School Bonds. Outline from California Policy Center shows pattern & practice of defrauding voters in CA & Texas. Results in bankrupting school systems, equity stripping property owners, affecting all citizens. Many are suffering from cognitive dissonance, unwillingness to believe facts.
October 25, 2025
All property owners and taxpayers bear the responsibility to ensure that the School Districts and Central Appraisal Districts are adhering to the law. The law is to be applied with accuracy and fairness. The mission is fairness, not being the victims of bureaucracies.
October 21, 2025
Here is a list of questions to be asked by ALL concerned Citizens & Property Taxpayers at their local School District Board Meetings (motion to compel) wherein the School District raises bonds . (applicable across Texas and the U.S.)
October 19, 2025
Median household incomes cannot sustain the current levels of debt and high property taxes, including the associated school bond debts. Are you protected? Knowledge is key. It's time to get involved.
August 27, 2025
Effort to obtain OAG records by Mitch is reminiscent of Dr. Michael Burry's research for the 2008 financial crisis in several key ways. Both individuals employed a strategy of meticulous, data-driven analysis to expose a fundamental flaw in a complex financial system that was widely believed to be secure & stable.
August 14, 2025
Boomers bought homes for two or three times their annual income during an era when interest rates would fall for the next four decades - turning their mortgages via the amortization schedule into wealth-building machines as rates dropped from 15% to near-zero.
August 12, 2025
The Rule of Law is a principle stating that all individuals and institutions are subject to the same laws, ensuring equality and preventing arbitrary governance. It is fundamental to democracy, promoting justice, accountability, and the protection of rights.
August 11, 2025
While all property owners agree that property taxes are too high, owners become particularly incensed when property taxes are assessed unfairly due to improper market value appraisals. Owners don’t mind paying their fair share, but it is unacceptable to pay more than other owners pay for similar properties.
August 10, 2025
This is one more article in a series, that builds upon each other and allows my thought process to become more direct with the goal of helping distill the issues in byte size elements of understanding of both the macro and micro picture of debt and taxes mandated to support that debt.
August 9, 2025
It is through the writings of Thomas Paine to the Founding Fathers both individually and jointly, that form the basis from which the U.S. Constitution was derived and signed on March 4, 1789. Mr. Paine wrote Common Sense a book published in 1776. The writings of Mr. Paine form the basis of the U.S. Constitution.
August 7, 2025
Through the past several months of research, quite often a key word trips a thought process, which causes additional research and expansion of previous articles I wrote. This article falls under such expansion, with the goal to add clarity of why we are where we are and how not to fall prey to the narrative.
August 4, 2025
Through multiple articles including the Federal Reserve is a Failure & CPI The Big Lie, I made the case that most often, at the hands of government officials, the data is abused, made up, ill-timed (lag), ill-conceived, and simply wrong, and quite often wrong for political reasons.
July 23, 2025
Violating the black letter of law is an attack and offence to America’s founding principles which were created as a result of The American Revolution of 1776.
July 19, 2025
Are you prepared to go bankrupt to support your school district which is failing in education, equity stripping your money and your future via the outstanding fraudulent school district bond debt? If you knew that a child is going hungry and the difference between whether that child goes hungry or not is real estate
January 20, 2025
Gross Negligence... Criminal Conspiracy to Defraud... Equity Stripping... Repeal Real Estate Tax in favor of Uniform States Sales Tax
January 20, 2025
In the summation on the analysis on over 100 pages of information and articles on the Federal Reserve, combined with the current state of the U.S. economy and its citizens financial well-being, I have compiled a list of over 50 reasons why the Federal Reserve should be shut down:
January 1, 2025
Property Tax is illegal when there are no longer any enforced laws protecting rights of real estate taxpaying Citizens, when equity is stripped by compound cumulative over-taxation, when CADs & taxing entities' budgets & debts determine values on which to tax, when property tax system has become irretrievably corrupt..
December 18, 2024
I'd like to share the article "Who Owns the U.S. Debt?" found on visualcapitalist.com by Bruno Vendetti and expand on the topic to include a discussion on Modern Monetary Theory.
December 9, 2024
Following the last article that I wrote on Homestead and Circuit Breakers now comes more proof of fraud on a mass scale. I asked in one of the videos a very specific question to Mr. Don Spencer, the Chief Appraiser in the Denton County Central Appraisal District. Knowing, based on irrefutable evidence as found at www.mockingbirdproperties.com/dcad, that the real estate tax laws are being violated not just in Texas but in any County or Province that claims to use Uniform Standards of Professional Appraisal Practice, the question was, Mr. Spencer, what is to stop you from raising the real estate tax to infinity in 2025? The answer, by virtue of violating USPAP, is nothing. (See our violations reviewed pdf document.)
December 9, 2024
Circuit Breaker Limitation and Residence Homestead are examples of illegal regulations written by the Texas Legislature and exist both in temporary status with expiration dates and subject to amendment, to cover the fraud created by the Central Appraisal Districts on behalf of their owner the Taxing Entities.
November 21, 2024
My career was built on thought, as a result of thorough analysis with numbers at the forefront. Although it sounds tough, yet often stated by me, is that I don’t give a damn what someone has to say, but very much I care what can be proven. People / Media talk, yet the majority of the time, have nothing to say which in itself becomes divisive. Knowledge vs Ignorance. Repetition of ignorance is ignorance raised to the power two.
November 21, 2024
In reviewing the multitude of issues that we discovered or encountered with property tax appraisals and the protest/appeal value process in the Denton Central Appraisal District, one cannot help but stop and say, how is this sustainable? Can property owners in other appraisal districts across Texas, or across the U.S., survive this equity stripping attack?
November 21, 2024
Have you wondered why prices are so out of control? Governments never reduce consumer prices because they benefit from inflation, dissolving their political spending commitments in a constantly depreciated currency. Inflation is the perfect hidden tax. The government makes the currency less valuable by issuing more units of fiat money, partially dissolves its debt in real terms, collects more taxes, and presents itself as the solution to rising prices with subsidies in an increasingly worthless currency. That is why socialism and hyperinflation are one in the same. This is why elections matter. This is why math matters.
September 20, 2024
The depth of the property tax issues results in Equity Stripping. Property Value Fraud does not discriminate between party lines. Roughly 37% of the households (multifamily & single family) will go bankrupt and or lose their homes as a result of the fraudulent real estate tax scam being perpetrated on all of us.
September 13, 2024
Quantitative Easing leads to Quantitative Tightening , removal of liquidity in financial system. This is Inflation, loss of purchasing power. This is a form of Tax. Then QE=TAX at both Federal & local level. At local level, CADs created tax on inflation outside USPAP & Law by way of falsely increasing property values.
August 15, 2024
1) Bankrupt the CADs, force them out of existence and as we have seen in Missouri. Find the corruption, wherever it is, and expose it. Break those who would dare break your family, friends and you. 2) Eliminate property taxes, own the land under your investment. Replace with a quantifiable non-subjective sales tax.
May 8, 2024
Lawsuit Update May 2024... Let’s be clear. If the Commissioners Court of Denton County is running cover for Denton Central Appraisal District and it’s criminal activity, and if the Judge rules that DCAD has immunity and also rules that DCAD does not have to adhere to the law in the future, then the Judge and Commissioners Court (Judge Eads) have made the State of Texas violate the 1st, 5th, 14th, 16th and Article VI of the U.S. Constitution. It would also mean that the Judge would have chosen criminals over the Citizens of Denton County.
February 29, 2024
March 2024 Letter to Texas Real Estate Taxpayers & Governor Abbott... We need to discuss issues concerning Texas Central Appraisal Districts, and specifically, the Denton Central Appraisal District. Starting in 2016, we realized that DCAD was manufacturing values, to the point where lawsuits had to be filed annually. So we started documenting what has been done, how, by whom, the ramifications, and then tied what we learned to the Law and USPAP (Uniform Standards of Professional Appraisal Practice).
By Mitchell Vexler February 16, 2024
February 2024 Open Letter... Is Inflation Constitutional? Is Property Tax on Inflation Constitutional? Update on Denton Central Appraisal District Lawsuit and quick overview of deep corruption. Fifth Amendment Constitution of the United States of America "…nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation."
January 14, 2023
January 2023 Open Letter to Denton County Taxpayers... Denton Central Appraisal District is Lawless! Ignoring a multitude of laws, then covering up their actions, using taxpayer’s money, is a direct correlation to Ponzi schemes. Theft at any level and any value is nondiscriminatory. Theft of your money and my money is illegal and unforgiveable. Theft of billions is criminal. Regardless of residential or commercial property ownership, this Open Letter is lengthy but just like an onion having many layers, the more you peel, the more the tears, and so typifies the layers of how the money is being stolen, the associated problems and the necessary solutions as outlined below.
By Mitchell Vexler May 19, 2021
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