By Mike Colpitts
Responding to homeowner complaints, Nevada has become the first state in the nation to make illegally repossessing a home a felony, and may send bankers to jail for doing such. The new law was enacted after tens of thousands of homeowners complained to lawmakers about their homes being foreclosed without proof of ownership.
The outcry of consumer complaints over illegal robo-signing tactics has produced a series of lawsuits against mortgage servicing companies and banks in Nevada, which has led the U.S. in foreclosures six straight years.
The Nevada law makes it a felony for a mortgage servicer or trustee of a mortgage to make false representations concerning a title such as claiming that they are an executive of a bank or mortgage servicer, which was the case in at least hundreds of thousands, perhaps millions of robo-signings.
By New York City General Assembly
This document was accepted by the NYC General Assembly on September 29, 2011:
As we gather together in solidarity to express a feeling of mass injustice, we must not lose sight of what brought us together. We write so that all people who feel wronged by the corporate forces of the world can know that we are your allies.
As one people, united, we acknowledge the reality: that the future of the human race requires the cooperation of its members; that our system must protect our rights, and upon corruption of that system, it is up to the individuals to protect their own rights, and those of their neighbors; that a democratic government derives its just power from the people, but corporations do not seek consent to extract wealth from the people and the Earth; and that no true democracy is attainable when the process is determined by economic power. We come to you at a time when corporations, which place profit over people, self-interest over justice, and oppression over equality, run our governments. We have peaceably assembled here, as is our right, to let these facts be known.
Posted in Animals, Economy Economics, Energy, Environment, FDA, USDA, Food & Farming, Healthcare, Housing, Labor, Land Grab, Prisons, Privacy, Resistance
Tagged banksters, class war, economy, food control, Housing, jobs, occupy nyc, occupy wall street, ows, troy davis, unions
By Rady Ananda
At least 86 families, comprising 400 people known as Travelers, or gypsies, today face armed eviction from their landing site in Crays Hill, Essex in the United Kingdom.
UPDATE: Dale Farm residents have won a last-gasp injunction restraining Basildon Council from clearing structures from the site pending a further hearing at London’s High Court on Friday. (Details below)
You won’t evict this grandma
Mary Lee Ward emerges from a New York City courtroom after learning her eviction was halted
By Alexander Super
MORE THAN 200 community members, activists and supporters blockaded Mary Lee Ward’s home in the Bedford-Stuyvesant neighborhood of Brooklyn on August 19 to prevent an eviction of the 82-year-old African American grandmother.
Citing recent Supreme Court decisions as well as Executive Orders issued by Presidents Bush and Obama, Michael Collins looks closely at the fraudulent Mortgage Electronic Registration System, showing a pattern of judicial and executive corruption.
By Michael Collins
There hasn’t been much in the way of justice for the average citizen for quite a while. Often, those accused of crimes cannot afford adequate representation and are subject to “let’s make a deal justice.” If you’re unfortunate enough to be sued or party to a divorce proceeding, you soon learn that the court system is an entitlement program for attorneys, not a civilized means of settling disputes. (Image)
The last decade has been devastating for what many thought were inviolable fundamental rights.
Posted in Constitution, Economy Economics, Housing, Human Rights Civil Liberties, Labor, Nuclear Weapons/Energy, Obama and Company, Women
Tagged bush, class actions, habeas corpus, Housing, justice scalia, MERS, mortgage fraud, obama, sex discrimination, Supreme Court, WalMart
By The Economic Collapse
If you still have a job and you can put food on the table and you still have a warm house to come home to, then you should consider yourself to be very fortunate. The truth is that every single month hundreds of thousands more Americans fall out of the middle class and into poverty. The statistics that you are about to read are incredibly sobering. Household incomes are down from coast to coast. Enrollment in government anti-poverty programs sets new records month after month after month. Home ownership is down, personal bankruptcies are way up and there are not nearly enough jobs to go around. Meanwhile, the price of basics such as food and health care continue to skyrocket. Don’t be fooled by a rising stock market or by record bonuses on Wall Street. The U.S. economy is not getting better. After World War II, the great American economic machine built the largest and most vigorous middle class in the history of the world, but now America’s middle class is disintegrating at a blinding pace.
By Karl Denninger
The Market Ticker
Most of you have probably heard by now about the family that was foreclosed on in California, their home was resold, refurbished, and they then effectively “stole it back” with their attorney and a locksmith breaking in and re-taking possession.
Conejo Capital Partners has published “the other side of the story”, and it makes several good points – some of which I believe deserve exposition and discussion:
By Scot Paltrow
Bank Foreclosure Cover Seen in Bill at Obama’s Desk
A bill that homeowners advocates warn will make it more difficult to challenge improper foreclosure attempts by big mortgage processors is awaiting President Barack Obama’s signature after it quietly zoomed through the Senate last week.
The bill, passed without public debate in a way that even surprised its main sponsor, Republican Representative Robert Aderholt, requires courts to accept as valid document notarizations made out of state, making it harder to challenge the authenticity of foreclosure and other legal documents.
By Greg Gordon|McClatchy Newspapers
Nov. 1, 2009
WASHINGTON — In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp drop in U.S. housing prices would send the value of those securities plummeting.
By James Ridgeway
The National Committee to Protect Social Security and Medicare reports today on recently released statistics that illustrate the lose-lose situation now faced by many older people, thanks to Wall Street and the recession it spawned. Continue reading
Posted in Economy Economics, Land Grab, Neoliberalism, NWO, Obama and Company
Tagged bank bailouts, banksters, class war, eat the rich, Housing, Land Grab, retirement
By Jeremy Scahill
The nonpartisan Project on Government Oversight and Reform recently revealed that the top 100 government contractors made nearly $300 billion from federal contracts in 2007 alone. Since 1995 these same contractors have been involved with 676 cases of “misconduct” and paid $26 billion in fines to settle cases stemming from fraud, waste or abuse. Fines and other penalties, it seems, are simply the stunningly small price of doing government business.
Posted in Elections, Housing, NWO
Tagged ACORN, ACORN Act, Boeing, corporate felon, corporate fraud, crimes, fraud, Housing, justice, lockheed-martin, Northrop Grumman
Earthship n. 1. passive solar home made of natural and recycled materials 2. thermal mass construction for temperature stabilization. 3. renewable energy & integrated water systems make the Earthship an off-grid home with little to no utility bills.
Biotecture n. 1. the profession of designing buildings and environments with consideration for their sustainability. 2. A combination of biology and architecture.