Yes you know I was shocked by a thread I was reading on here last night it’s disturbing to know that people think that is all it is about.
Move along investors even though it appears as though many loans and other mortgage-related assets have been double and even triple-pledged to various constituencies.
Move along individual who purchased a foreclosure and may not be able to ever get a clear title. Close your eyes to the Banks fraud that doesn’t count even if you get stuck picking up the tab (i.e., over $6.3 trillion in fannie/freddie kept out of the budget that the banks got to offload onto the taxpayer) or by again bailing out the banks whether via legislation or the backdoor fed printing which screws the savers
http://www.oftwominds.com/blogoct10/loss-of-trust10-10.html
The Biggest Bank Robbery In History? More Quantitative Easing = Backdoor Bailouts For The Big Banks Without Having To Go Through Congress
Nothing to see here
WXACTLY! It amaze me the number of people here on FR who are willing to give away other peoples legal rights.
And if the willingness to ignore the rule of law and refuse peoples rights isn’t the road to hell I’ll eat my hat.
Yes there are plenty of ‘dead beats’ that should be foreclosed on, but there is a legally proscribed way that it is done and basically the banks have stupidly ignored the law and got caught. In fact these banks haven’t obeyed almost any of the laws regarding mortgages, their tranfers and the selling of notes.
Bad enough that people want to deny others do process, but to then be okay with perjury, forgery and fraud on the court is beyond believe.
Has anyone stopped to consider if the bank had been obeying the law the forclosures would have been granted with no problems.
Frankly I fear the damage that will be done to the Republic by people who would choose to ignore the rule of law and take away the rights of others more than I fear the damage that will be caused by all the ‘dead beats’ and the crooked bankers and lawyers. History has taught us what happens when you give away the rights and freedoms of others in an attempt to punish them because you feel that they have done wrong, what happens is once those are lost for some; they are soon lost for all.