[Chunga85]

It isn't about morals, it isn't about the length of the excerpt, it isn't about malware or spelling.

It isn't about party affiliation or political persuasions nor is about one's perception as to their level of education.

It is about the law. More accurately, it's about the fact that we seem to have two sets of laws...one for government and "Too Big To Fail" financial institutions and another for everyone else.

To wit: AZ Rep. Seel [R] receives a rather gratuitous fifty-one percent principal reduction two days before the scheduled vote on Senate Bill 1259

I'm not going to post the entire bill but below is a summary.

"Provides a chain of ownership during foreclosure proceedings and allows reimbursement of lawyer fees for injunctions or court cases that fail to prove ownership."

After receiving his highly unusual principal reduction the good Senator failed to appear for the vote.

It's about the law.

Many of the same arguments laid out in the comments in this thread are brought up by counsel for MERS, Domestic Savings Bank, Credit Northeast, Countrywide Home Loan Servicing, Bank of America, N.A., and the Federal National Mortgage Association in the case below. The court was not pursuaded.

Robert E. Moll vs. MERS, et al

The brief provides an abundant amount of case law for those interested.

Back to the issue of two sets of laws and why we have them...this four minute video sums it up quite nicely.

THE REALITY DETACHED AMERICAN

"It is no measure of mental health to be well adjusted to a profoundly sick society"

We allow it to happen.

...all these are the beginning of sorrows. matthew 24: 8

I hope all of you folks have a nice day.

[Kartographer]

Funny how people expound on how it is morally wrong and unethical when someone let's their home go into default and yet when a business goes bankrupt, defaults, or out rightly regular commits unethical behavior they remind us that a the company/bank is in business to make money for their shareholders and that morals don't apply or trump that goal.

[Titus Quinctius Cincinnatus]

What it really boils down to is this simple question: “Should the banks have to obey the same laws that the rest of us do?”

[bbernard]

“It is about the law. More accurately, it’s about the fact that we seem to have two sets of laws...one for government and “Too Big To Fail” financial institutions and another for everyone else.”

Chunga, This statement sums it for me. I was raised to believe and taught in school that we are all EQUAL under the law. This what pisses me off more than anything. We are living in times of anarchy and the people who keep talking about deadbeats are too blind to see the REAL problem.

Our country is on life support. I do not know what it will be for my children. It makes me sick.

[LomanBill]

“It is about the law.”

What was it about when a bunch of “fithcally conthervative” RINO interior decorators lied about their incomes and committed mortgage fraud?

Did MERS make them lie on their “LIAR Loans”?