Glad to see you are back in action Matt…
Another great post by Matthew Weidner…
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The Bigger Picture, The Real Truth About What Foreclosure Means
You know how we’re all infected with the notion that America is greater than any other country on earth? Well, we’re all appropriately revisiting that national anthem in the midst of our current disease, and as we continue to experience the consequences of a law and an economy that has come completely unglued from any dose of reality, we will all be forced to come face to face with the undeniable truth that our entire country really is in the most dire and critical peril that perhaps we’ve ever faced, primarily because of a $14 trillion dollar deficit, exacerbated by a government run by the corporations that is only accelerating our drive off the economic cliff and sending our perverse reality into oblivion. But all that’s the future, let’s stick with the past.
The fact of the matter is the principle explanation behind America’s dominance, economically at least, was the system of real property ownership that was developed in this young country’s infancy. Never before had a people…all the people, been given an opportunity to tap into the greatest capital in the universe…the riches of the land. The system of property titling and ownership developed in the United States, for the very first time in the history of mankind, allowed all people to clearly and confidently own the land and because their ownership was absolute, they wrestled and worked and exploited that land with a fury and intensity never before seen. This was the spark that started the economic engine and the stable ownership was the foundation that kept the economy and the society stable for hundreds of years.
Be sure to check out his post in its entirety here…
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I blame all of the corrupt and treasonist politicians both democrat and repub for why we are here. The U.S. Government should have never allowed this to happen. No other Government on the planet would have allowed a hidden foreign interest to so greatly deceive its people. We know who these treasonist politicians are that put America here The title to this post could not say it any louder or any clearer about what is at stake if we do not fight this hidden foreign tyranny. They do not own our country, WE THE PEOPLE DO.
Homeowners have the law on their side, the biggest problem is getting judges to enforce the laws and civil rules of procedure, and getting prosecutors to enforce the law with prosecutions of fraud mill owners, and workers,and mortgage servicers who pay for them knowing there fraudulent, and foreclosure mill attorneys who fabricate false affidavits and present backdated assignments of mortgage knowing there crap.
As usual Matt you hit the nail on the head. Thanks.
Matt is so right. WE THE PEOPLE must demand our States cannot let them get away with this. This could destroy our National Sovereignty and that is why we have a U.S. CONSTITUTION and BILL OF RIGHTS and strict property laws that protect WE THE PEOPLE from such a tyranny. America needs to wake up. Matt Taibi’s article from Rolling Stone that was posted here many months ago, explained this really well too. This is not about credit scores or deadbeats not paying a mortgage. Where’s the note?
The biggest threat to America’s freedom is not clear to many American’s. The U.S. Government ALLOWED FOREIGN OWNED MULTINATIONALS TO RING US UP WITH ALOT OF FAKE DEBT THEY CREATED OUT OF THIN AIR. These FOREIGN OWNED MULLTINATIONALS WORE AN AMERICAN FACE, FANNIE MAE,FDIC INSURED CHASE, BOFA, WELLS FARGO, RATINGS AGENCIES, TITLE COMPANIES, AIG, GOLDMAN SAKS WALL STREET ARE ALL FOREIGN OWNED AND OPERATED INSTITUTIONS. THE U.S. GOVERNMENT ALLOWED THESE FOREIGN OWNED MULTINATIONALS TO SELL A GAMBLE ON OUR ABILITY TO PAY OR NOT PAY OUR MORTGAGE TO INVESTORS AROUND THE WORLD and INSURE THAT MORTGAGE FRAUD WITH CREDIT DEFAULT SWAP INSURANCE, AND MAKE TRILLIONS OFF OF THAT SPECULATION ON WALL STREET. MANY OF THOSE LIARS LOANS WERE ISSUED BY FDIC, INSURED BANKS. MORE DECEPTION LIES IN THE NAME FDIC INSURED AS WELL AS SEC. TRUTH BE TOLD THESE FOREIGN MULTINATIONALS DO NOT OWN ANYTHING BUT THAT FAKE DEBT BECA– USE OF THE U.S. CONSTITUTION THE U.S. BILL OF RIGHTS AND PROPERTY LAWS WHICH PROTECT WE THE PEOPLE FROM SUCH A TYRANNY..This Financial Crisis should have never happened, just like 9/11, The U.S.Government let the American people down. Condeleeza Rice stated 9/11 happened because of a failure of imagination by the U.S. Government. They were warned about the possibility of terrorist flying planes into buildings just as the FBI warned the Bush Administration about the rampant mortgage fraud in 2004 and predicted a huge financial crisis if the Bush administration did not do something to stop and fix the rampant mortagage fraud. Many financial experts have clearly stated the Bush Administration had plenty of time to fix the mortgage fraud mess if they wanted to.
the abuses could have been “fixed.”
but why when their illegal activities were making them billions of dollars?
the bellwether for me was the roque french trader.
his bosses knew what he was doing was illegal. it was ok w/ them as long as he was making money.
when the trader started feeling guilty and tried to even things out by “losing,”
then his bosses said he was in the wrong.
http://www.nytimes.com/2008/01/25/business/worldbusiness/25bank.html
the fraud is massive and all pervasive.
the world as we knew it has been destroyed. everything we ever believed in.
I agree Fury. Even Ronald Reagan’s words Trust but Verify could not have saved us. We were swindled MASSIVELY and it was done so deceptively and perniciously, on such a massive scale that we could never have known. It appears all agencies involved in this giant PONZI SCHEME SWINDLE AND HEIST acted in concert with each other as one massive fraudulent foreign owned multinational corporation. There is no way WE THE PEOPLE could have known what they were doing, not until you got screwed and even then many still do not know and never will understand what took place here in The United States of America..
that is right, i vent. don’t blame the victims for God’s sake!
we were swindled —- all of us.
i listened to to this old interview w/ gov. jerry brown of calif.
it was fasinating.
it is shocking that his words from over 30 years ago are still relevant today.
gov. jerry brown said recently that his second go round as governor is much harder than the first due to the collapse of the economy. california is broke.
go to:
http://newstalgia.crooksandliars.com/
scroll down about 3/4 of the way down to find:
May 07, 2011 08:23 PM
Weekend Talkshows Past – Gov. Jerry Brown On Capitol Cloakroom – 1976
by gordonskene
i agree w/ alice N.W.
i feel like i can’t trust out govt, even the courts if you are defending your home against fraudsters (especially if you live in florida) .
i can’t throw in the towel though.
i will stand up. these bankster and wall street creeps have destroyed the world in less than 20 years w/ their greed and avarice.
what i have seen in my own life is that is doesn’t matter whether you owned your home outright (no mortgage)
had a mortgage or re-fi…….. we have been ripped off.
we have been totally destroyed in every way possible: financially, emotionally, physically, and psychologically.
college funds have been wiped out. retirement. 401 Ks are worth less than half their value.
this madness has to stop.
arrest and jail these crooks. all of them.
the money must be given back to the millions of homeowners who have been bilked by this ponzi scheme.
bobbi swann,
i have done work on behalf for human rights activists around the world.
the most important tools are cell phones with cameras and fax machines.
who on earth would have thought that these are the tools needed to help amercian homeowners
who have had their human rights violated by the banks and wall street?
i trust citizen reporters and bloggers (like lisa ,michael and matt w.) about the fraudclosure crisis. matt taibbi is
is an incredible reporter for the Rolling Stone.
the true story is NOT being told on the evening news. they are dinosaurs who are paid for lock, stock and barrel
by the perpetrators of the greatest swindle that has every been pulled.
thank you fury you said the right word . human rights violated that is what wells fargo has done to my family. if you know a lwyer in florida that wants to take on wells fargo please send them my way. i have been repeatedly raped and left to die. with no food an water and no where to toilet. it is insane to be treated like 2nd class citizens. no one gets it. if we couls all sell our house we would havw we would not be in this mess. i am so tired of the lies and lies. its insane to make a hard working family go through this,my 18 yr old son thinks we are losing the house because we are poor. no i explained we are losing the housw because wells fargo told me in sept wheni had a hard ship to stop paying the mortgage or they would not help us. i had to be in emminent default. then it just so happens i was working in st pete fl and because of the bp oil spill i was underemployed. but regardless i waitined until they would take my application which was in oct. by dec some one hacked the loan servicercers computer and moved my file and the feb 2011 the lost a fed ex package. lied to the OCC and all other gov. entities. i feel like i am in the twilight zone movie and it keeps repeating over and over. nothing is being done to stop the fraud.
i wish you the best during such a hard time. hang on. i think this is reaching critical mass.
the fraud is so blatant and all across the board.
the crooks can’t keep up with their Big Lies.
Been following your posts for the last four months,great insight,material is eye opening. One question is how do we stop these kangaroo courts. Especially here in orlando florida. Down to two minute hearing these retired judges could care less what you have to say, rubber stamp your case and off to the next victim. The only solution would be a march on Washington by millions protesting our legal rights. Stand as one or be slaughter by these thieves. Just have to vent . Someone with the knowledge most come forward and lead us to that direction. The blog is informative but just talk. i would be willing to stand up and move forward. Thanks.
victims of fraudclosure don’t have the money to travel to washington, DC.
we barely have money for food and essentials and to file our court cases.
i would like to see a national protest that is organized way ahead of time.
sometimes i hear of things only after they have happened.
i NEVER hear of these things from the main stream media who are supported by their advertisers who are the banks and gas/energy corporations.
Alice, as for giving the land back to the Indians, they didn’t own land, but heh, if you’re so convinced, you give yours first.
pparke500,
can you go play World of Warcraft instead of hassling us?
we’re busy trying to save our homes.
thanks!
we really appreciate it!
The corporations haven’t wreaked havoc on our economy and this nation-the Democrats have and Obama and his clueless crew is just the cherry on top.
If my post caught your interest it is obvious to me that that their are numerous interested parties reading this site. This is hardly a partison issue and trying to make it one really destroys your credibility. Alice
Alice, Incredible and so very interesting to view , since you mentioned women which is why I went to the small town county court looking for a copy of a will probated there .There I learned of the state law still in effect today that gave women a Dowry Right that requires their signature before the deed to real estate can be transferred to anyone . They have to be married at time of sale, which goes to another book for verification , same room & building though, every public record was there and copies were made……Jail time & restitution is required by those players at the top of this creature named Mers, like cancer it is killing America and Americans .
Press on Regardless
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@Alice,you are correct in your statements,the Indians owned the land,and the tribes had verbal contracts that drew the boundary lines .This issue is not a Partison one , this economic crises started with regulations put in place by the Pecora Commision during the great depression ,being struck from law over the last 40 + years .
Mers , by not recording land ownership has not followed the law of the land,as Matt stated in his great article . In many counties around the country the Original OR books are still in use . Huge pages that are updated by students and staff .
Mers could have moved land records into the computer era , if made into law and like the OR books in county courts open to all , not just the lenders who are entering the data and keeping it hidden . They can not make Mers and its records legal after the fact . I believe they have 60 % of the loans , that other 40 % are part private owners holding the note , and i’ll bet they are recorded .
The big picture here ( imho ) is that this engineered collapse is to bring down home values another 30-35 % from this point, to allow the median income ( 46 k ) family shelter .
Thanks to Matt for his courage and we all have to keep spreading the word to others about the fraud .
The Public Records now have the fraud on display along side the legal titles & deeds for the last 150 + years .
Equity Free, I had the pleasure of working on a chain of title for a friend a few years ago. We actually were able to go back to 1890 when the U.S. deeded the property to the first owner. This area was Indian land back then. We were able to get a copy of the documents and all subsequent Deeds, Quit Claims, etc., we got to see how the original 160 acres were divided up. Everything was metes and bounds and the property is still described as such, having never been platted. The documents are incredible to read. They are handwritten and what I found so interesting was how they protected the woman. The woman actually had to have an attorney represent them so the husband couldn’t do anything without their knowledge. That journey was pretty easy as Washington is one of the last to become a State.
I totally agree, very good records were kept and I have proof in front of me right now. The advent of MERS destroyed all of this. This can never be put back together again. The chain of title has been broken and no one will ever be able to trace their title again. How incredibly sad.
Yes, Alice you are correct about MERS destroying the chain of title. Matt Weidner’s blog had an interesting case in point: One hundred and thirty-eight years ago, the U.S Supreme Court recognized that the mortgage instrument is inseparable from the promissory note.Carpenter v. Longan. That was necessary that title to property could be deraigned. However, MERS is a product of the past two decades and was designed to privatize recorded mortgages in order to avoid the payment of taxes upon the recording of assignments of mortgage. The design of bifurcating the mortgage instrument from the promisory note is not based on law and it impairs the historical ability to deraign title. The logical conclusion of bifurcating the morgage instrument to MERS is that it renders a forclosure impossible as the promissory note is no longer secured by that mortgae instrument. What they have sown, they should reap. The Arkansas Supreme Court came to tha same conclusion in Mortgage Electronic Registration System, Inc. v. Southwest Homes of Arkansas. GOD BLESS AMERICA!!!
Sorry pparke500 but do you really think anyone could have done a better job with this massive financial mess? Obama simply let the same criminals in to try and fix this but This Ponzi Scheme was way too massive to be fixed. There was no fixing this pirate ship, try as they did, the whole massive house of cards is finally starting to collapse. Remember last summer when the fixer ship sailed and all of the fixers fled Washington? Democrats did this? Really? Both parties did their share of damage but on whose watch did all of the biggest catastrophes in American history occur? The REPUBLICON, Bush Administration. The investors got paid with TARP. All of the rest of this stuff is just an attempt to clean up for that. The U.S. tax-payers already paid for this mess to be cleaned up with the massive tax-payer funded bailout yet, the same criminals are still gouging the people. Now that is also a crime. The fleecing and robbing of America has to stop.
These laws should always be adheard to but for some odd reason seem to be devalued.I do not understand why the big change from a system that worked for years to a system that underperforms for everyone involved but most importantly leaves your homeowners with not even the most basic of rights.
Excellent Matt. Thank you for your service to this country.
Perhaps its time the land goes back to the Indians. We can all just file quit claim deeds to the tribe nearest us and instead of housepayments we can work out a lease arrangement. We stole their land perhaps it’s time to give it back.
@ AliceN.Wunderland – funny that you would write that. Back in the 60’s when my sister was in high school she wrote a paper (for her English class) about how the US should return the lands stolen from the Indians back to them. She was a fighter then for the impoverished. That English paper nearly got her thrown out of school! We did not have cell phones, fax machines, the internet or the such back then. She did her research at night at the library and typed it on a portable typewriter we had at home. Handwritten notes, etc all over the place. Wow, if she had submitted it these days with the amount of access,….. who knows????
To Matt: this is an excellent piece!! I applaud you for standing up to the principles of what a true attorney should represent!
as part native american, i can say that that native americans respect father sky and mother earth.
they did not and do not own the land but are stewards and protectors of the land and its wildlife.
many tribes were uprooted from their homeland during the Trail of Tears.
they were displaced, tired, hungry and homeless. many perished on the Trail.
it has been happening again due to the ruthless, criminal actions of the banks and their henchmen, including wall street gamblers who bet against the success of our country and its people..
i will fight as hard as i can for my family and friends who are threatened by foreclosure crimes.
native americans have more claim to the US land than anyone, in as much that any man or woman can “own” the land.
our families who are fighting foreclosure were defrauded.
we got swindled; all races, all religions, all skin colors,all ages and socio-economic backgrounds.
fight the criminals who did this to us.
demand our money back.
To Bobbi, your sister was way ahead of her time!
To Fury, I know the Indians were only stewards of the land and did not ‘own’ it. I absolutely agree that they have much more claim than any Bank on Wall Street or Investor on K Street. Maybe we are looking in the wrong direction and need to rethink where we are going with this fight. This is our fight, We the People. No one in government is going to fix this, it can’t be fixed and they wouldn’t fix it if they could. We have to do what we can to make this right. We will essentially have to start over because it can’t be fixed but it can be made right.
exactly, alice N.W.
our current fight is with the criminal banksters who are trying to steal our homes.
we can do something now.
we can’t change history but we can learn from it.