Failure to understand the underlying issue will always lead us to wrong assumptions and consequently, wrong actions. There would have been a much wider recognition of the fraudulent practices of banks by the general public IF consumers had not erroneously assumed that:

1. banks had their best interest at heart
2. that banks would obey the law
3. that banks were trying to help with modifications, etc. but their hands were tied by the ‘invisible and evil
investors’

It took a very long time and many thousands of consumer horror stories before the public was willing to even entertain the possibility that the banks were the cause of the problem, that they had ulterior motives. It has taken an even longer time to grasp that this was all part of what I affectionately call ‘the BANK GAME”. I agree that the banks did not start out with a clear cut intention to engage in robo-signing and other such craziness, but once you have started on a fraudulent trail and things get out of hand, you have to play the hand out the way you set it up.

They can NOT/will NOT back down. They must be TAKEN down. There is no other solution. And while the idea is distasteful and our government officials do not have the appetite for it, it is what it is!

I pray for an orderly take down by government intervention.

I expect a dis-orderly and hugely destructive collapse because our leadership lacks the wisdom and courage to do what is necessary to manage what is inevitable.

If you are reading this and you own a home: Stay put, no matter what, refuse to leave, no matter what. The changes which are occurring will be overwhelmingly consumer friendly, if you can just hold on. Stay informed and keep fighting.

Lots of folks are rooting for you, including me.