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Playing the Straw Man game
How do YOU know who they are "blaming"?
The key issue for actual Conservatives is the rampant lawlessness under which the Elites are now operating. But anyone can call himself a "Conservative", especially if you are one of the true beneficiaries of the kleptocratic form of oligarchical government.
Don't kid yourself, that beneficiary status doesn't apply to anyone who would be in this forum. There are 400 people in this country, and YOU ARE NOT ONE OF THEM, whose combined wealth equals that of the 150 million in the bottom half. They see you as their slaves. They laugh at you. Parroting their dogmas will not earn you any points with them unless you are on their payrolls.
And yes, we are talking about massive, REAL crimes, clear violations of black letter law on a massive scale by the banksters, the politicians, AND the regulators, (including many swinish individuals who have worn more than one of those hats) that are not being prosecuted. With no Rule of Law, there is no Republic. The Crime Wave has been totally bipartisan and goes back at least 20 years. For Presidente Barack Obankster it's nothing but a continuation of business as usual.
This is what happens when the Rule of Law goes out the window while the comfortable do nothing.
Last edited by Zondor; October 25th, 2011 at 06:32 PM.
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I agree with you here! The lack of transparency and the protectionism among the elites is the real problem I believe. Of course, I am known to be wrong 70% of the time. But, when I am right, I let them ride. haha....
I think people feel this on a visceral level (unfortunately, many don't seem to be able to articulate it). The most disturbing thing IMO was the attempt to coerce 50 state AG's into a $30 billion settlement for ALL the banks when BofA paid something like that alone for only one charge leveled against it.
The false documents (robo-signing) flooding the courts can't be "administrative paperwork errors" because they are still submitting them. They are pretty confident it will all be forgiven somehow (hope their campaign contributions are up to date).
The importance of property rights is pretty basic to the rule of law - helped separate the US from the old serfdom system back in merry ol' England. Since the chain of title process is royally screwed by the MERS mess, we may have to kiss a cornerstone of the Republic goodbye, because, as they tell us, if we make the TBTF banks obey the law, it will hurt the economy. :P
Last edited by Tarkus11; October 26th, 2011 at 08:46 PM.
Maybe NATO needs to be called in to liberate Oakland from a tyrannical dictator.
Tarkus raised a good point. The MERS shenanigans have undermined the integrity of the entire system of recording the ownership of real estate throughout the whole county. There is a recent MA court decision casting doubt on the validity of ownership of any house purchased at a foreclosure sale That's just the tip of the iceberg.
Even homeowners who are current on their mortgages are filing Quiet Title actions to be released from the obligation to make payments to servicing entities who cannot prove that they represent the legal owner of the mortgage. Due to the intentional destruction of records by MERS, most mortgage holders of record, more likely than not, do not have the documents necessary to document ownership of "their" loans.
Do you have a mortgage? Ask your servicer for a copy of the deed and the note and see how far you get. If valid documents are not produced, you theoretically have grounds for legal action to obtain Quiet Title. Upon winning such an action you would no longer owe anything to a mortgagor judged to NOT be the legal; owner of your loan.
No harm asking your servicer for the deed and title, but consult a licensed attorney before doing anything else. This is not to be considered legal advice.
Last edited by Zondor; October 26th, 2011 at 10:32 PM.
“The CEO of the powerful Mortgage Bankers Association, John Courson, has said that underwater borrowers should keep paying on their mortgage loans and ‘should not walk away from lawful debts’. In an interview this past year, Courson appeared genuinely concerned adding: ‘What about the message they will send to their family and their kids and their friends?’
This past week, the Co-Star Group, Inc., indicated that it had agreed to buy the MBA’s 10-story headquarters building in DC for $41.3 million. The only problem is that $41.3 million comes up a skosh shy of the $75 million first mortgage on the building that the MBA took out from PNC Financial Group way back in 2007, when they purchased the property for $79 million.
The very same MBA also defaulted on their payments and secured a forbearance agreement, prior to the short sale. Nicely done, Johnny-O.
I think a problem lurking in the background of the MERS/Robo-signing issue is that, if the courts and/or our wonderful politicians give them a free pass on it, that effectively puts them above the law (unless they decide to let everyone submit false documents in court).
Not sure how you'd get title insurance going forward in a case like the Massachusetts decision either....
Also, it would mean that no matter how diligent you are in paying your mortgage or even if you paid if off, some dude working for a big bank could robo-sign a doc in his back office and tell you - "Nope, this is mine."
Last edited by Tarkus11; October 27th, 2011 at 02:00 AM.
So, why would someone feel it is not their obligation to commit to finishing the terms of the arrangement they made to pay for a house utilizing funds from a 3rd party (whether it be a big bad bank or not)?
Help me understand all this "I am THE victim" mindset? I agree with you @Zondor on a few subjects, but you believe that "MERS" has been maliciously destroying documents (like the likes of Enron?) to cover-up and somehow profit? Is MERS a big robot with a big signing arm just excited to sign stuff because the guys @ MIT created it.
Help me understand the issue with "Robo-signing" and why it is so evil?
Maybe we should all just walk away from our obligations to ourselves, our families, our business partners, our country, and our fellow man and go squat in the jungle for a while?
You are preaching Anarchy and it is to the point of "what is the point?".
By the way, you can get a copy of the DEED from your local county recorders office. The NOTE and mortgage are between mortgagor and mortgagee. Mortgage is nothing more that attaches the NOTE to the DEED for legal purposes that gives additional documentation and promise to pay in a legal venue. (I know you know this Zondor but just enlightening those that may not)
Just because your Mortgage/Note (promise to pay) was transferred from the originating entity to another party, this doesn't violate (most likely if done traditionally) the mortgage or note. It is fully transferable and may be conveyed without Mortgagor's permission. It says it right in the mortgage documents which you were supposed to read and keep a copy.
I am trying to figure out what would be the angle from your posts as if everyone just walks away because companies hold their mortgage than we are all screwed because when you widdle things down, you will realize, we are working in/for these companies in some fashion, and in some way. There really is not a "Bank of America" etc. and they are just an extension of all of us.
I believe what needs to be the focus is to produce positive and critical steps to move forward and not just rant. We all know reform needs to be made, but how can you when you have a corrupt political system?
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