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The Clusterfuck Is Complete: Meet Those Most Hurt By The Earls' Squatting: Conejo Capital Partners... And Soon Millions Of Other "Soon To Be Ex" Home-Buyers

Tyler Durden's picture




 

By now the 30 minutes of media fame of the Simi Valley's most (in)famous squatters - the Earls is running out. Yet the consequences of the their actions will resound for a long, long time. The victims: all those may have bought a house in a foreclosure auction, or any other form of existing property sale, without a "lis pendens" or other form of pre-existing legal action, will suddenly think twice about purchasing a home from a bank, or any other owner who may have had a mortgage on the property (now in MERS limbo), and simply end up unwinding the sale. The reason, as Conejo Capital Partners notes, is that nobody will now know when some other set of squatters, who may have owed as much as the Earls (almost a million), and did not contest their loan in good standing with a bank, decide to take the law into their own hands and move right back in. "The most innocent of all victims in this situation
are the new buyers who had signed a contract to purchase the Mustang
property. They are a family of 4 who are adopting their first child this
month.  They had already funded their loan, spent money on appraisals,
given notice at their current residence and were scheduled to take
possession of 5893 Mustang Drive on Tuesday the 12th.  They
have now cancelled the transaction and are scrambling to find a place to
live as they will be homeless at the end of the month.  They are scared
.... We
especially feel for the children who are being subjected to this, and the
new buyers who will be temporarily homeless as a result of these events. In all likelihood, there is no way for us to recover the damages we have
suffered, this is no longer about winning; it is about what is right." And the tragedy in all of this, is that there is no clear guily party, as everyone is to blame: the banks, for rushing on the original sale to rake up the NINJA fees, the foreclosure "experts" for robosigning to accumulate the lowest possible cost basis on the subsequent MBS resale for the mortgage servicer, and the squatters, for deciding to take the law into their own hands, when suddenly there is no law. One thing is certain, this incident will propagate and will make existing home sale next to impossible. And yes, inventory will accumulate, but demand will plunge, resulting in a total collapse of the supply-demand equilibrium point, better known to those idiots a/k/a economic Ph.Ds, as price. But that is precisely what happens when in the pursut of material gains, by everyone, the rule of law is now completely trampled in the USA.

The following from Conejo Capital Partners is a must read, for a full perspective on the other side of the Earls' story. Because there always is an alterantive point of view.

OFFICIAL STATEMENT FROM CONEJO CAPITAL PARTNERS LLC REGARDING THE PROPERTY LOCATED AT 5893 MUSTANG DRIVE, SIMI VALLEY CA:

October 15, 2010

Given the extraordinary and illegal events orchestrated by the former homeowners and their attorney, we now feel compelled to share the facts regarding 5893 Mustang Drive.

On January 28, 2010 the property was sold thru a public auction at the trustee sale held at the Ventura County Court House.  Each month this same process occurs thousands of times across the nation as a method for banks to take back or dispose of the property that is not being paid for.  Conejo Capital was the “successful” bidder.   Shortly thereafter the former bank issued the title and it was legally recorded with Conejo Capital Partners LLC as the new owner of the property.   At the time all we knew about the property was that the former homeowners purchased it in 2001 for $539,000, and that they later refinanced it, pulling equity out, resulting in debt of roughly $1,000,000.  No “lis pendens” had been recorded indicating any disagreement or legal action pending regarding the property.  Had they done so before the auction, we would not have purchased this property.

After purchasing the property we found it to be occupied by the former home owners, Jim & Danielle Earl.  We were able to make contact with them and tried to understand their situation.  They expressed their opinion that they had been unlawfully foreclosed on by the bank.  Yet to our knowledge, the Earls had not initiated a lawsuit against any bank at that time, and as far as we know even today there is no pending lawsuit against any bank.  Any grievance they had would have been with their bank, not Conejo Capital Partners.  We tried to amicably discuss terms of a possible agreement which would have helped them make a comfortable transition but they were unwilling.  They gave us no choice other than having to start an action against them to gain physical possession of the property.

The unlawful detainer action (eviction trial) is something that normally takes roughly a month to complete, but they stretched it out to almost 6 months by filing two bankruptcies.  The first one was dismissed due to their failure to file the proper paper work and the second was probably dismissed as well.  At the unlawful detainer trial, the judge thoroughly reviewed all of the facts of the case and ruled in favor of Conejo Capital Partners LLC and ordered the Earl’s to vacate the property.  We were also awarded a monetary judgment in the amount of just over $27,000 (fair market rental value for the time they illegally occupied the property).  The Earls appealed the decision but their appeal was dismissed by the court because they failed to pay the court its required appellate costs.    The Earls’ attorney sent us threatening correspondence and amazingly described his plan to a federal court judge in San Francisco that he planned to undertake “self help” to retake possession of the Mustang property illegally.  The federal judge denied their motion for an injunction and ruled that the "Plaintiffs have offered no authority in support of this extraordinary concept (of “self help" seizure of the Mustang property).

On July 2, 2010 the Ventura County Sheriff and an agent of ours went to the property to complete the court-ordered eviction.  There, they found that the Earls had departed but  (based upon their attorney’s advice), the Earls left all of the personal belongings, in the Mustang house including all of their furniture, cars and the family dog.  This extraordinary tactic caused us another 2 week delay because we were forced to follow the legal guidelines in dealing with the situation.  The Earls contacted us at the very last minute before we would have had legal right to dispose of the property and we allowed them to retrieve it at no additional cost to them.

Once we had gained possession of the Mustang Property, we spent a considerable amount of money remodeling it.  When the remodeling was complete, we put it on the market for sale.  We secured a buyer and were scheduled to close escrow on Monday October 11th.  On Saturday October 9th the Earls and their attorney followed thru with their previous threats and took the law into their own hands.  They hired a locksmith to break into the Mustang home.  They had arranged to have t.v. news cameras filming their actions, and then proceeded to hold a press conference stating that they were within their rights and that we (Conejo Capital Partners) had somehow violated the law.  All along the Simi Valley Police Department sat idle and refused to get involved no matter how much proof was offered supporting our legal rights and position.  We were told that we needed to resolve it in front of a judge even though it had already been decided.   In the days immediately following, the same attorney has done this again in Escondido and Newport Beach (the latter time both the attorney and his clients were arrested).  It is amazing that this can happen in a nation founded on and based upon law.  It is truly sad that all across America so many people claim to be the “victim” rather than taking personal responsibility for their actions.

It needs to be noted that Conejo Capital Partners LLC did not take the home from the Earls, their bank did.  We simply purchased the home from the bank in a legal manner and then had to deal with the situation that had been created.  Conejo Capital Parnters LLC is not a large Wall Street bank, we represent a group of regular people who are hard working citizens that pay their bills and abide by the law.   We have approached the Earls on many occasions in an attempt to see if we could find an amicable resolution but in each case have been denied.   We offered to waive our monetary judgment in simple exchange for confidence that we wouldn’t find ourselves wrapped up in litigation that ultimately results in everyone losing.   Although the former homeowner had roughly $1,000,000 in debt against the home, both they and their attorney have said in recent interviews that they feel like they don’t owe anything and in fact are owed damages as well.

The Earls’ attorney announced proudly that he “chose” the Earls because he needed to protect the new buyers from being defrauded by us.  It is extremely unfortunate that he is putting others in jeopardy as a way to create notoriety for himself.   The facts about Mr. Pines life are well documented and we urge you to do your homework on him and decide about his motives for yourself.

The most innocent of all victims in this situation are the new buyers who had signed a contract to purchase the Mustang property.  They are a family of 4 who are adopting their first child this month.  They had already funded their loan, spent money on appraisals, given notice at their current residence and were scheduled to take possession of 5893 Mustang Drive on Tuesday the 12th.  They have now cancelled the transaction and are scrambling to find a place to live as they will be homeless at the end of the month.  They are scared.

This is a terribly unfortunate situation to be involved in, one that we wouldn’t wish for anyone to experience.  We especially feel for the children who are being subjected to this, and the new buyers who will be temporarily homeless as a result of these events.   In all likelihood, there is no way for us to recover the damages we have suffered, this is no longer about winning; it is about what is right.  We didn’t ask for a fight; it was brought to us.  Now with no other options, we feel compelled to do everything in our power without regard to cost or time to protect ourselves  and insure this does not happen to others.

Conejo Capital Partners LLC

h/t Robert

 

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Sat, 10/16/2010 - 23:22 | 655889 Nolsgrad
Nolsgrad's picture

clusterfuck gonna go boom! SOON

Sun, 10/17/2010 - 00:26 | 655966 Oracle of Kypseli
Oracle of Kypseli's picture

Here is a good lesson for those phd economists

http://www.youtube.com/watch?v=kO8x8eoU3L4

Sun, 10/17/2010 - 00:31 | 655971 flacon
flacon's picture

The Keynesian solution to this mess is to BURN THE HOUSES DOWN. It would "save or create jobs" and would "rescue the banks". BURN, AMERICA, BURN! Who knew prosperity was so much fun!

 

 

Sun, 10/17/2010 - 00:58 | 655993 Arkadaba
Sun, 10/17/2010 - 03:57 | 656134 66Sexy
66Sexy's picture

"All along the Simi Valley Police Department sat idle and refused to get involved no matter how much proof was offered supporting our legal rights and position."

 

Sounds like bullshit; we're not getting the full story here.

 

 "It is amazing that this can happen in a nation founded on and based upon law. "

 

oh, you mean the fictitious, self serving laws created everyday by corrupt politicians to enable the banks to 'back-door' fuck over the american homeowners and taxpayers?

Sun, 10/17/2010 - 05:17 | 656210 Al Gorerhythm
Al Gorerhythm's picture

After purchasing the property, we found it to be occupied by the previous owners".

After purchasing the new car, we found it to be occupied by homeless people, jacked up on blocks with hubcaps, wheels, tires, doors and hood missing. I call bullshit.

This blame game perpetrated on the Earls is a little overdone. These guys sound like they knew that the Earls had a complaint, knew that they were in the house, yet went ahead and screwed them over anyway. 

The Earls would not have had any idea of the robo-signing expose` and having verbalized their complaint earlier to them, would have felt jilted and justified in shoving a big pot of fuck you up their collective asses, once it was exposed.

If the new home owners have anyone to aim their Exocet at, it should be at the fuckers who sold them the home.

They were illegally ousted from their home.

Yes, this is a clusterfuck but it isn't of the Earl's making.

Fuck the banks. This is where the anger should be directed.

Amazing that this should happen? It's amazing that Americans have left it go on for so long. End the Fed. End fiat.

Those who don't drag their savings out of these zombie thief's clutches, yesterday, will probably blame the Earls for their loss.

Sun, 10/17/2010 - 10:38 | 656436 economicmorphine
economicmorphine's picture

You're an idiot.  These deadbeats took all of their equity out of the house in the form of cash.  Now they want back in?  Give it a rest, troll.  I suspect you're the same kind of "gimme something for nothing" dirtbag.

Sun, 10/17/2010 - 11:35 | 656529 chopper read
chopper read's picture

+1

 It is truly sad that all across America so many people claim to be the “victim” rather than taking personal responsibility for their actions.

Sun, 10/17/2010 - 13:13 | 656701 Kaiser Sousa
Kaiser Sousa's picture

spoken like a true banker brainwashed servant...u should b proud of urself...

Sun, 10/17/2010 - 13:28 | 656735 rocker
rocker's picture

Who gains the most from this ?  How did they do it ?  Hmmm  

Sun, 10/17/2010 - 14:25 | 656832 Careless Whisper
Careless Whisper's picture

and now the bottom feeders are the victims?

Mon, 10/18/2010 - 00:59 | 657726 66Sexy
66Sexy's picture

tyler durden was a squatter in fight club. we're getting off character here; its about bringing all this bullshit down.

 

fuck middle aged white bread foreclosure buying speculators... they deserve what they get: clouded title and dead money.

Mon, 10/18/2010 - 05:25 | 657799 hamurobby
hamurobby's picture

yep

Mon, 10/18/2010 - 09:33 | 658003 BS Footprint
BS Footprint's picture

"its all about bringing all this bullshit down" -- While I understand (and can sympathize) with that sentiment, it might be good to consider what will happen after it all comes down.

Given the political ignorance of the masses, I'm betting on a quasi-socialist state of epic proportions. You think it's bad now? When the propaganda peddlers and demagogues rewrite the rule books to eliminate the few remaining restraints, do you think we'll really be better off?

Mon, 10/18/2010 - 01:01 | 657728 66Sexy
66Sexy's picture

+1

Sun, 10/17/2010 - 14:15 | 656824 jm
jm's picture

Seven junks for telling the truth about these losers.  God, what a bunch of pathetic fucks people have become.

This is a page out of the Great Depression.  Then it was family farms in Nebraska and such getting foreclosed. Now the epicenter is the Golden State.  Seldom has the United States needed a leader more and we have a president who acts like he's content to put blow up his nose and a dick in his ass.

Let's hope the Supreme Court upholds property rights and the rule of law.  That's pretty much the last line of defense before the descent, I should think.

Sun, 10/17/2010 - 14:50 | 656872 Gromit
Gromit's picture

Maybe the government must step in and create an RTC to take possession and liquidate properties where clearly the squatter is not paying  but the beneficial owner has no legal standing to foreclose, then figure out where the proceeds go later.

Sun, 10/17/2010 - 16:28 | 657001 jm
jm's picture

This sounds like a reasonable alternative to deadbeat squatters and banks physically removing them without recourse to the law. And this is what will happen without some government intervention: a true mafia state.

Which government is best suited?  Local? State? National?

Sun, 10/17/2010 - 17:58 | 657119 chopper read
chopper read's picture

LOCAL!!!!!!

...they are your neighbors and have to see you at the grocery store.  IT MAKES A DIFFERENCE!!!!

Sun, 10/17/2010 - 14:56 | 656882 Dburn
Dburn's picture

There is a compelling opinion that there is no way that the law will be allowed to take down the major banks. The bill that passed via voice vote and vetoed by Obama that enabled banks to break the law with impunity and thereby claim property rights with no proof , will be back and signed during the lame duck session of congress.

For a hint, look at JPM's earnings; they lowered loan loss reserves on credit cards, added 2 billion to their reserves for litigation and loss related to this. That would be about 1/1000th of their total "assets". Dimon and others who site on the Fed have to know what's coming and there is very little concern shown. In fact the most repetitious line I heard was "sometime in November, all of this will be resolved".

A short term bet on fear is fine, but never bet against the lawmakers, particularly the lawmakers who have nothing left to lose. The banks own them. They always have and they always will until  we say we have had enough. 

Sun, 10/17/2010 - 10:39 | 656437 Bearster
Bearster's picture

Why do you suppose that, with all of the houses on the market, Conjeco Capital decided to buy this one, knowing it would cost them a big loss of money, just to "fuck over" the Earls?

I call BS.  They are an investor group looking to make money.  They did not deliberately create a problem for themselves or anyone else.

Sun, 10/17/2010 - 12:43 | 656621 greyghost
greyghost's picture

conejo capital llc....revenue of aprox. $120,000 and a total of 2 employees.......lol. one clusterfuck following in the foot steps of another clusterfuck....winner the BANK!!!!!!!

edit: mom and pop popcorn stand run out of their home......earls are brain dead...conejo capital brain dead......WINNER AGAIN 'BANK'

Sun, 10/17/2010 - 13:35 | 656745 A Nanny Moose
A Nanny Moose's picture

Wrong. Winner: The Lawyers.

Mon, 10/18/2010 - 01:32 | 657753 66Sexy
66Sexy's picture

yup, a ding bat shell greed infested start up, out to profit from the pain of others.

 

fuck them.

Sun, 10/17/2010 - 13:03 | 656684 Sean7k
Sean7k's picture

This is high comedy. The justice system is incapable of functioning when the serfs start using the law for their own means against the banks whom created the law to serve their interests exclusively. 

I am rather enjoying the mayhem and hope it reaches the level of absurdity it deserves. People discuss "law" as if it is the paradigm of civilization. The reality: it is a system subject to the whims of it's creators. If those whims are immoral- the results will be immoral as well.

While it is fun to watch people point fingers, one needs to examine the source of the problem. Fiat currency and the creation of credit for the enrichment of a single class. As this class attempts to distill itself into a new pyramid of wealth and power, we get to witness predator vs predator behavior. 

It is the construction and use of governments that lies at the base of this problem. If you eliminate government and empower individual liberty exercised in free markets with private property protection, these problems remain small and easily resolved. 

Unfortunately, people are incapable of thinking in these terms as they have been brainwashed to believe no such alternatives are practical. Terms like anarchy and chaos are tossed into the discussion as if this is the only possible result. 

America is on the threshold of a whole new reality: a substandard standard of living that best reflects our level of production of wanted goods and services. Capital with connections will flee to new international opportunities. Other capital will be revalued and wealth lost. Unemployment and hardship will increase until the system fails and a new one emerges. The most stable and productive pockets of the nation will succeed. Hint: these are not located in urban areas. 

We will change, adjust and create new opportunities. The question is: under what authority? We may be able to choose one based on individual liberty and sound money, but not if it is determined by the same parasites operating our financial and political system.

 

Sun, 10/17/2010 - 14:03 | 656796 RockyRacoon
RockyRacoon's picture

People discuss "law" as if it is the paradigm of civilization. The reality: it is a system subject to the whims of it's creators. If those whims are immoral- the results will be immoral as well.

You are correct in the broad sense, of course.  Real estate law, on the other hand, has been well established and it works -- for a reason.  It works for the rich and the poor.  Short circuiting this process simply allows for the unscrupulous to gain at the expense of the lesser monetarily endowed.   I'm not addressing the Earls.  They are minor players, as are the house flippers cited.  It's about the actual, valuable, and viable law of property transfer -- which has been thwarted.  All laws are not bad, especially in the real estate area.

Sun, 10/17/2010 - 14:46 | 656866 Sean7k
Sean7k's picture

RR,

I agree wholeheartedly, but even real estate law doesn't work if it is abused. However, the author is attempting to create an argument over the emotional aspects of a single case while ignoring the greater problem i.e. the nature of law and how we have come to depend on its' execution without questioning its' purpose. 

As long as we accept mechanisms of rule without examining their purpose and ends, we will be abused and taken advantage of. As long as we accept ruling authority for the convenience and fairness it promises, we will be disappointed. 

There are no free lunches. There is a cost to everything we do. As soon as we accept the offers of others to manage our affairs, we will be stolen from. Why else would someone take on this work load? Because they are charitable? 

 

Sun, 10/17/2010 - 18:04 | 657130 chopper read
chopper read's picture

Capital with connections will flee to new international opportunities. Other capital will be revalued and wealth lost. Unemployment and hardship will increase until the system fails and a new one emerges. The most stable and productive pockets of the nation will succeed. Hint: these are not located in urban areas. 

 

PRECISELY.  Then what?  A return to our Constitutional Republic, empowerment of State and local government versus our current Federal terrorists?  

...sure would be nice to see those whom we've elected at the local farmers market.  It makes a difference!

Mon, 10/18/2010 - 01:37 | 657755 66Sexy
66Sexy's picture

agree. the system needs dramatic change; starting with political contributions. limit 1,000 per corporate entity. lower salaries of these spoiled, out of touch morons; pay slightly over a living wage.

 

the motive to take high office should be on behaf of the electorate; not how much they'll get paid for speaking at seminars after they leave political office.

 

Sun, 10/17/2010 - 14:18 | 656825 midtowng
midtowng's picture

Exactly. The rule of law was trampled before the Earles. That's what the problem is. I don't know why so many people here don't get it. Why are so many people in such a rush to blame the smallest group, rather than the larger, wealthier group that created the situation?

Sun, 10/17/2010 - 02:37 | 656070 66Sexy
66Sexy's picture

good. fuck housing, and the crooked economy. let the prices collapse! then regular workin' class folks can afford 'em. im surprised at the pro establishment stance by tyler.

 

fuck the banks, leave 'em for the mother lovin' rats.

Sun, 10/17/2010 - 02:46 | 656086 jomama
jomama's picture

fairly certain you missed the sarcasm.

Sun, 10/17/2010 - 10:56 | 656461 Crime of the Century
Crime of the Century's picture

Um, I 'd be willing to wager it is you who is missing something. Tyler appears to be quite serious with this, as am I. Banks eat their cooking, but no free houses. Sorry, if the juvenile class of spoon bangers wins, we all lose. I'll say it again - you want everyone to go Galt? Are you sure you're ready? ARE YOU SURE?

Sun, 10/17/2010 - 11:37 | 656530 chopper read
chopper read's picture

+1

 It is truly sad that all across America so many people claim to be the “victim” rather than taking personal responsibility for their actions.

Sun, 10/17/2010 - 14:05 | 656803 RockyRacoon
RockyRacoon's picture

That's two.

If that is all it boils down to in your opinion, then you'll soon be on the losing end of some serious violations of law.  Perhaps then your views will be altered.

Sun, 10/17/2010 - 18:17 | 657142 chopper read
chopper read's picture

listen, Rocky.  I highly doubt the dipshit Earl family has been fighting the good fight to reduce the flow of power towards the District of Columbia.  In fact, if they do vote, it is probably for the politician who promises them the most.  of course, these are best guesses, so I do not claim to have a monopoly on the truth.

That said, as someone who has no mortgage, I take exception to house borrowers who could not exercise restraint before they placed their entire family in jeopardy by attempting to (obviously) live beyond their means.  

Our country is running out of culprits with so many victims.  This is not to excuse the allegedly fraudulent sale and packaging of mortgages.  

Amazingly, however, some of us managed to avoid this catastrophe by exercising patience, fiscal conservation, and good old fashioned common sense.  clearly, these folks possess none of these qualities.  

So now they are "victims".  How convenient.  

...suffice to say they would never make it in the country, and the USA is weaker for coddling these types in addition to allowing centralized money planning and all other assaults on liberty.   

 

Sun, 10/17/2010 - 23:53 | 657661 RockyRacoon
RockyRacoon's picture

I guess I addressed that below, before the reply you just posted.

You are feeling pressured and you have every right to be, but there are a lot of people feeling the same way.  If it were not the now-famous Earl family it would be some other family.  Expect to see many more similar stories.  You can't lose your own composure because you have done the right thing.   ...as have I.  

Mon, 10/18/2010 - 00:02 | 657673 chopper read
chopper read's picture

fair enough.  

frankly, this has just created opportunity for savers as it relates to precious metals.  When a mob rules government comes for these, however, or our guns (doubtful with the strength of the NRA), then we may have an even more serious bone of contention.  Until then, we can swat these issues around from a somewhat comfortable distance and make adjustments accordingly. 

Mon, 10/18/2010 - 02:04 | 657767 66Sexy
66Sexy's picture

so it's ok for bankers to get bailed out, but not real people? theres is a flaw in that logic somewhere.

 

law can and SHOULD work both ways. i hope more people strategic default and squat. its not that bad for the bankers either; let the squatters maintain the homes, after all, housing is a liability, it costs money to own even if you own it outright. the best thing for the condition of the home is to have people living there that actually still care a bit about the property. if they think they can keep it somehow, they'll take care of it.

Mon, 10/18/2010 - 01:41 | 657758 66Sexy
66Sexy's picture

no, unfortunately, it sounds like whoever is writing as 'tyler durden' today may have bought a foreclosure or something, and is letting the attitude reflect in the article. BUT tyler durden WAS a squatter, so in effect, this is a violation of character.

Sun, 10/17/2010 - 12:16 | 656597 trav7777
trav7777's picture

the Ends do not justify the Means

Sun, 10/17/2010 - 06:33 | 656225 Treason Season
Treason Season's picture

Jumping the queue here but Dylan Ratigan has done an excellent piece on this.

http://www.youtube.com/watch?v=9yhZBgi5NOg&feature=player_embedded

Sun, 10/17/2010 - 14:00 | 656782 macholatte
macholatte's picture

thanks for the link.

who is the fucking "they"  Mrs. Earl and her lawyer refer to?  She doesn't know the name of the company on the monthly statements where she was supposed to send her payments? 

she admits she got a "Notice of Default" which meant she had at least 90 days from then to cure the problem, get a lawyer, but chose not to. Who's the victim?

Once the process begins, the names and addresses of all the parties are included on the paperwork and hard dates are established for certain actions, like the sale date. So she is lying when she says it was a big surprise.

This is all TV reality show distort the facts bullshit.

I admire the Earls for having the balls to do what they did. However, they had plenty of time to take action prior to being evicted. They will eventually be thrown out and the losers will be the folks who bought the property at the foreclosure auction.

Simple question: Is anybody keeping the property taxes current?

 

the best part of this is Ratigan's statement beginnig at 11:10 wherein he lays out the bigger picture.

 "..... reform the banks that have been pretending to be solvent..." 

Well said IMHO.

 

 

Sat, 10/16/2010 - 23:26 | 655891 Conrad Murray
Conrad Murray's picture

I hope some people come along with a better story, one that doesn't seem so dastardly, before this scumfest becomes the face of Fraudclosuregate.  There are not many people in this country that are going to feel sympathy for this batch of degenerates(the bank, attorneys, cops, lawyers, and deadbeats), and this could easily stain the entire situation.

 

Eh, why not.  One last posting of the Caturday Comedy Playlist:

http://www.youtube.com/view_play_list?p=8584FE99F413E42F

http://i8.photobucket.com/albums/a44/SpiderGirlie/Caturday.jpg

Sat, 10/16/2010 - 23:57 | 655930 Fred Hayek
Fred Hayek's picture

Well, there was that guy named, IIRC, Gordensky, in Florida who was foreclosed upon by Bank of America.

Only he didn't even have a mortgage with BoA.

He didn't have a mortgage at all.  He paid cash for his house.

And BoA was somehow able to have a foreclosure processed against him. 

When the whole farcical thing was publicized, they backed off and apologized.   But Gordensky's a pretty good case of how out of control the process can be.

 

Sun, 10/17/2010 - 00:28 | 655969 caconhma
caconhma's picture

It is one more example we live in a lawless land.

Our Presidents, our Congress, our Supreme Court do not represent America and its people. They are puppets controlled by "chosen people" controlling this country ruling elite.

The police actions are very ominous: police is not sure how to act. They are about to call "neutrality". It is exactly what took place in Russia 100 years when Jews Bolshevik gangsters  overthrew the legitimate government and created a totalitarian evil state. Unfortunately for Russia and the rest of world, Russian army and police have called "neutrality" at that time.

 

Civil wars are usually very bloody since nobody can predict who will be on whose side. We are rapidly going there.

Sun, 10/17/2010 - 02:45 | 656081 66Sexy
66Sexy's picture

21:12. the armed american libertarian movement is the last hope for the world. this is the last stand; the righteous fight, the cause of Jesus, Lincoln, and JFK. we know what the moneychangers did...

 

europe is conquered. these people are already under the microchip. they have no guns; no nationalist or soverign currency, no heroes... just pieces of paper with nice architechture on it. i wonder why that is?

 

 

Sun, 10/17/2010 - 03:13 | 656111 Conrad Murray
Sun, 10/17/2010 - 11:43 | 656540 chopper read
chopper read's picture

"wreck'n da place".  funny.  that dude was whack. 

Sun, 10/17/2010 - 10:59 | 656465 Crime of the Century
Crime of the Century's picture

Lincoln & JFK?? You'd go a lot further with Jefferson & Jackson, my man.

Sun, 10/17/2010 - 13:01 | 656681 traderjoe
traderjoe's picture

I think he was referring to two presidents that defied the central bankers, and probably got killed for it...

Sun, 10/17/2010 - 13:22 | 656722 The Mighty Monarch
The Mighty Monarch's picture

Agreed. Lincoln was the beginning of the end of states' rights. JFK was elected by dead Chicago voters and the Mafia, the latter of which got a little miffed when he and his brother bit the hand that fed them (hence a few well-placed transients on the grassy knoll). His feeble attempt at issuing U.S. Notes was a merely a speed bump towards Nixon's repudiation of the gold standard and the acceleration of currency debasement.

Jackson had the balls to take on the central bank when they could still be confronted. One of our greatest presidents, IMO. Jefferson knew the danger of centralized power, which is something the Tea Party movement has barely touched on and Ron Paul gets funny looks about when he starts ranting.

Sun, 10/17/2010 - 11:39 | 656534 Cojones
Cojones's picture

Why the fuck do libertarians feel the need to rip Jesus from the cross? What a bunch of pathetic ignorant losers. Libertarianism has nothing to do with religion, JFK was a crook threatening to wage war against Europe if the Netherlands would not leave Indonesia. Those two stand for just about everything libertarianism opposes and rejects. Retards.

If Europe is conquered, then the US is way past a point of no return. Corrupt government, corrupt judicial system, a corrupt policeforce. Guantanamo. SEC, FOMC, FED. Gimme a fucking break here.

Sun, 10/17/2010 - 11:44 | 656544 chopper read
chopper read's picture

jesus christ, get ahold of yourself.  

Sun, 10/17/2010 - 13:37 | 656749 tmosley
tmosley's picture

Who said anything about Jesus?  The parent was a racist rant against Jews.  Nothing to do with either Libertarianism or Jesus.

Unless the original parent was junked off of the board.

Mon, 10/18/2010 - 01:27 | 657751 66Sexy
66Sexy's picture

wrong. the catch all term 'jews' has nothing to do with ANYTHING. i'm referring specifically to moneychangers. you are the one being racist by implication, and inventing statements that were never said. an old, tired tactic.

Mon, 10/18/2010 - 01:21 | 657739 66Sexy
66Sexy's picture

jesus was crucified for going on record opposing the moneychangers. 21:12. the rest is just astrological infusion by 'deceptionists' for population control; and, possibly, to dilute the real reasons for his death.

 

y'know how them illuminati like to infiltrate opposition.

Sun, 10/17/2010 - 12:11 | 656586 Boba Fiat
Boba Fiat's picture

the armed american libertarian movement is the last hope for the world. this is the last stand; the righteous fight, the cause of Jesus, Lincoln, and JFK. we know what the moneychangers did...

 

You lost me at 'Lincoln.'  Didn't that statist tool send 50,000 U.S. Army regulars to kill any of his own countrymen who would not bow to the Feds, thus starting a Civil war that killed 600,000 Americans?  Otherwise, I'm with ya brother; raise the flag and pass the ammunition.

Sun, 10/17/2010 - 13:05 | 656689 traderjoe
traderjoe's picture

Both Lincoln and Kennedy issued their own Treasury Dollars - not borrowed from the Central Bank. This is the only constitutional way to issue money. 

http://uts.cc.utexas.edu/~wbova/fn/history/greenbacks.htm

Sun, 10/17/2010 - 17:33 | 657080 Bob
Bob's picture

Funny, although I knew that, I never put the two together the way I should have.

Thank you, tj. 

Sun, 10/17/2010 - 14:54 | 656772 chopper read
chopper read's picture

War of Northern Aggression?

unfortunately for the South, they lost the moral high ground for defending State's Rights by forgoing the individual rights of Americans of African origin, even if slavery was a practice from time immemorial. 

That said, the Federal monsters in D.C. have been growing in size and tyranny ever since.  

"Slavery", much like the "war on terror", was the 'right' reason that accompanied the 'REAL' reason for both Northern and Federal aggression (money).  Back then, the North needed the South more than the South needed the North.  Today, New York City needs Texas more than the other way around.

anyway, no doubt, humanity's most recent bought with enslavement (Africans in America) would have eventually ended peacefully (by consumer boycott of cotton, for example), as it did in England.  The U.S. Civil War simply moved the date forward.  After all, do the Moors still enslave Celts?  Any more Jewish slaves in Egypt?  

For that matter, should Americans of African origin be seeking reparations from those African tribes who captured them and sold them to British slave traders?  Next thing we know some ethnic group will be laying claim to land because it was theirs 3,000 years ago.

...but I digress.  

 

Sun, 10/17/2010 - 15:49 | 656961 WaterWings
WaterWings's picture

Truth preserved, future generations will find it amazing to learn about FICO slavery and how easily and widely it was accepted.

Sun, 10/17/2010 - 18:21 | 657116 chopper read
chopper read's picture

+1

although i do believe that future generations will be 'slaves' in their own right. 

Mon, 10/18/2010 - 01:18 | 657741 66Sexy
66Sexy's picture

no, lincoln was on it.

 

"The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, and more selfish than beaurocracy. It denounces as public enemies all who question its methods or throw light upon its crimes. I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe."
-Abraham Lincoln

Abraham Lincoln in 1865 opposed a private national bank

Mon, 10/18/2010 - 14:58 | 658936 chopper read
chopper read's picture

+1

Sun, 10/17/2010 - 12:21 | 656608 linrom
linrom's picture

You mean that Russian monarchy was a legitimate form of government? Or do you mean that phony transition government supported by western imperialists after Romanovs abdicated?

Sun, 10/17/2010 - 00:32 | 655973 frankTHE COIN
frankTHE COIN's picture

I Think You Nailed IT !!!!!

Sat, 10/16/2010 - 23:23 | 655892 Glasgow Gary
Glasgow Gary's picture

Say goodbye to the RE investor bid, bitchez!

Sun, 10/17/2010 - 04:47 | 656189 scatterbrains
scatterbrains's picture

f that... when some body gonna post one of these limbo joints up on craigs?

I'm waiting cash in hand.

Sat, 10/16/2010 - 23:26 | 655895 Goldilocks
Goldilocks's picture

It is amazing that this can happen in a nation founded on and based upon law.

... rule of law? Really?

It is truly sad that all across America so many people claim to be the “victim” rather than taking personal responsibility for their actions.

... OMG!

Sat, 10/16/2010 - 23:26 | 655896 Tortfeasor
Tortfeasor's picture

That attorney should be disbarred, and any judge worth his/her salt would have him in handcuffs Monday morning.

I've seen banks sue themselves, I've seen the same mortgage sold twice, attorneys fraudulently creating documents ex post facto, attorneys foreclosing for Plaintiffs that don't exist.  None of that gets airtime, just these knuckleheads and their slimeball lap dog.

Sun, 10/17/2010 - 04:17 | 656140 Eternal Student
Eternal Student's picture

Hardly. These people claim that they paid the Bank $100,000+ dollars in trying to meet the Banks' changing claims, and the changes of assignment. And they still got booted out without proper notice. Their attorney deserves a medal for sticking up for them, if their claims are true.

It strikes me that the bigger story is that the Banks are suddenly in a rush to foreclose, and trying to steamroller anyone who gets in their way. Due Process and other laws be damned; and willing to pull any con game that they can get away with. Which sounds like they are getting desperate for money.

The Earls' side of the story is quite believable, knowing the frauds that the Banks are committing. And attempts to portray these people as deadbeats are simply efforts to help out the Banks perpetuate yet another fraud on the American public.

It will be interesting to see what the real facts are as they come out in this case. But from the sounds of it, my money is on these folks. And, sorry to say, but Tyler may well look like a fool for helping out the Banks via incomplete reporting on this one.

Sun, 10/17/2010 - 08:46 | 656312 nedwardkelly
nedwardkelly's picture

So this family, that apparently knows how to initiate court proceedings (bankruptcies, this farce etc), never started any sort of legal action against the bank? They've claimed a bunch of times that they paid money, but it wasn't reflected... Hell, they've even said they don't own "a thing". How can that be? Why didn't they 'follow the law' and sue the bank? Why didn't they start legal proceedings against the bank?

If their bank has committed fraud, then they have had, and still have, a perfectly legal way to go after the bank. I guess the problem is that that wouldn't get this crackpot lawyers face on TV...

Sun, 10/17/2010 - 13:23 | 656710 Eternal Student
Eternal Student's picture

Or maybe they are trying to preserve their home which was illegally taken away from them? If you were playing by the rules, but the Bank wasn't, and initiated foreclosure without telling you, what would you do?

I don't know what the real facts in this case are, and neither does anyone else. That will come out over time, and in Court.

But in the meantime, every home owner with a mortgage ought to be very concerned about whether what the Earls are saying is true. Because if it can happen to them, it can happen to anyone, if the Banks suddenly decide that they want to make a "mistake" with receiving the mortgage payments.

Sat, 10/16/2010 - 23:27 | 655897 dark pools of soros
dark pools of soros's picture

can't that displaced family walk down the block and just pick out another home? hell just pick one and squat and say they own it

Sun, 10/17/2010 - 01:11 | 656001 Crummy
Crummy's picture

No, but a bank can.

Sun, 10/17/2010 - 11:50 | 656547 chopper read
chopper read's picture

the displaced family should SELL this home to someone else and get in on the action. 

 

...the lunacy!

 

 

Sat, 10/16/2010 - 23:30 | 655898 tmosley
tmosley's picture

On the contrary, Tyler, there most certainly is a guilty party here.

The Federal Reserve, which created the environment that made all of this, and countless other horrors existent or yet to be seen,  possible.

Sat, 10/16/2010 - 23:57 | 655931 blindman
blindman's picture

right.  the wizard of odd screwed the pooch now we are

all part dog. 

Sun, 10/17/2010 - 00:19 | 655943 Crab Cake
Crab Cake's picture

Exactly, lets keep our eyes on the prize here...

I'm not exactly feeling a lot of sympathy for the breeder squatters, the banks, the attorney... etc. Blame though? I, personally, blame the Fed, the bankster outfits, Wall St, the ratings agencies, the accountants, the political parties, the military industrial petro empire... I could go on and on, but I don't "blame" the small fish; even though they are easy enough to throw tomatoes at. Remember this is the nation of where people like Mozilo walk free with a slap on the wrist, and the little people get tazed and thrown in the gulag.

If I didn't have a family that needed me, and I had less to lose, I would put my life and freedom on the barrelhead and go to war with the Bernankes and Mozilos of this world, because the the justice system has become a corrupted tool for enforcement and taxation.

The bottomline is we, as a people, aren't going to be given justice or reciprocity, we're going to have to take it. I literally pray for a peaceful return to freedom and justice nightly, but I fear Jefferson's words about the blood of patriots and the tree of liberty will soon echo true; sadly.

Sun, 10/17/2010 - 00:26 | 655967 flacon
flacon's picture

"Scenes are now to take place as will open the eyes of credulity and of insanity itself, to the dangers of a paper medium abandoned to the discretion of avarice and of swindlers." --Thomas Jefferson 1814

Sun, 10/17/2010 - 11:03 | 656475 Crime of the Century
Crime of the Century's picture

"I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country."

- Andrew Jackson

Sun, 10/17/2010 - 14:12 | 656818 RockyRacoon
RockyRacoon's picture

I looked up that quote because I could not believe that Old Hickory would make such a blatant grammatical error.   "I am one of those who DOES not believe..."

But, it seems he did.   I'm amazed.

Sun, 10/17/2010 - 15:04 | 656889 Cognitive Dissonance
Cognitive Dissonance's picture

Maybe not.

Did you look at the original? Probably not.

Have faith, Old Hickory should be given the benefit of the doubt until you see the original parchment/diary/whatever.

Sun, 10/17/2010 - 18:23 | 657154 chopper read
chopper read's picture

grammar rules and practices do evolve over time.  "do" then, "does" now; very possible.   

Sun, 10/17/2010 - 00:35 | 655978 straightershooter
straightershooter's picture

Do what I did and you shall feel better.

I just got the absentee ballot and I VOTED OUT ALL INCUMBENTS!

 

 

Sun, 10/17/2010 - 08:18 | 656286 LongShortSally
LongShortSally's picture

Like voting out the incumbents makes a difference anymore. Meet the new puppet.  Same as the old puppet.

Sun, 10/17/2010 - 14:24 | 656830 RockyRacoon
RockyRacoon's picture

Why not just congratulate the person for doing the right thing? 

You have just told him that he did nothing useful.

Sun, 10/17/2010 - 18:12 | 657138 Bob
Bob's picture

Gotta call you on the mortal sin of cynicism.  If you're sure the Rapture is nigh and that you are one of the chosen, you surely should be saying Goodbye.  You're wasting your remaining time.  Some people just can't lie down. 

Mon, 10/18/2010 - 01:52 | 657762 66Sexy
66Sexy's picture

Vote 3rd party, or your vote doesnt count!

Sun, 10/17/2010 - 02:24 | 656054 Joe Sixpack
Joe Sixpack's picture
Proclamation on the Federal Reserve System of the United States of America

 

www.RevokeTheFed.com

 

March 2008

WHEREAS, Article I, Section 8 of the Constitution of the United States of America authorizes Congress "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures";

WHEREAS, on December 23rd, 1913 the US Congress enacted the Federal Reserve System;

WHEREAS, the Federal Reserve System is considered an independent agency within the federal government, with oversight of Congress and containing appointed public officials on its board of directors;

WHEREAS, the Federal Reserve System Controls the Federal Reserve Note, the official currency of the great nation of the United States of America;

WHEREAS, there may be controversies regarding the legality and constitutionality of the Federal Reserve System, it is recognized that the said system has operated continuously as the central banking system of the United States since the inception of the Federal Reserve Act of 1913;

WHEREAS, the Constitution of the United States of America granted Congress the authority to create the current Federal Reserve System, it also does grant Congress the authority to modify or revoke the Federal Reserve System;

WHEREAS, the actions of the Fedreral Reserve System represent the credit and currency of the United Stated of America to the citizens of this great nation and to the world;

WHEREAS, the Federal Reserve System, acting independently within the federal government allowed, supported, and even promoted parasitical and non-productive uses of the money and credit of the United States of America;

WHEREAS, the United States and likely the entire world's financial system is undergoing massive de-leveraging of the said parasitical and non-productive uses of the credit and money of the United States of America (as well as other nations' currencies);

WHEREAS, the US dollar, the "Federal Reserve Note" is declining in value due to these parasitical activites, as well as potentially other causes;

WHEREAS, it is recognized that the citizens of the United States and other nations did willingly participate at some level in the creation and propogation of said parasitical activities;

WHEREAS, it is also recognized that the United States of America, a sovereign nation, has the legal, moral, and God given authority to take actions to benefit its citizens and to protect its good name, credit and money in times of difficulty;

WHEREAS, it is recognized that the current time is such a time of great difficulty;

WHEREAS, it is recognized the parasitical financial institutions and their activities are at odds with citizens of the United States of America and the good credit and money thereof;

WHEREAS, the current indications are that the Federal Reserve System is acting to preserve the financial system currently flooded with the parasitical activities;

WHEREAS, the current indications are that the neither the Federal Reserve System, nor the Congress of the United States, nor the people of the United States have access to the books of the institutions being preserved by the Federal Reserve, and therefor the degree of inter-connectivity and risk associated with the institutions and other entities cannot be determined;

WHEREAS, the Federal Reserve System is accepting non-performing assets as collateral for credit with ultimate taxpayer responibility to entities not under its legislative mandate;

IT MUST BE CONCLUDED, that the Federal Reserve System is not acting to the benefit of the people of the United States of America, its credit, money, and good name;

WHEREAS, it is recognized that the political will and capability of the government of the United States of America may not be up to the task of prosecuting this proclamation ; It is also recognized that this may be the only hope for the continued survival of the United States of America as the great nation as it has historically existed.

NOW THEREFORE, it is PROCLAIMED by those supporting this Proclamation that the Congress of the United States of America FULLY NATIONALIZE the Federal Reserve System, and take full control of the credit and money of our great nation; The Congress must take whatever action necessary to seperate out, sequester, disown, or otherwise neutralize the effect of the parasitical financial activities which led to the current crisis; The Congress of the United States of America must reorganize, replace, or terminate the Federal Reserve System as appropriate; or otherwise devise a system for creation of the national currency.

IT IS FURTHER PROCLAIMED, that the Congress of the United States of America in cooperation with the Executive of the United States of America contact allied nations and any other nation willing to participate in the overhaul of the failing and parastical financial sytem currently in operation and create new treaties and alliances as necessary to create a sane and productive system of finance with the express goal of supporting a productive national, and by extension and through voluntary cooperation, world economy;

FURTHERMORE, it is PROCLAIMED that it should be the goal of such an international effort to maintain fair international trading practices allowing for protection in national interest of labor, resources, and productive capabilities;

WHEREAS, it is recognized that such a move on the part of the United States of America may result in the necessity of an isolationist policy IF the other developed nations do not follow our lead; If such occurs, so be it.

SO HELP US GOD!

Sun, 10/17/2010 - 13:18 | 656712 chopper read
chopper read's picture

okay start, but a bit of a 'dog and pony show' without including an audit of The Fed.  try again, "Republicans", and include the elimination of political parties altogether.  candidates can run on their own names and merit or not at all.  

Sun, 10/17/2010 - 13:15 | 656703 chopper read
chopper read's picture

+1776

WHEREAS, the United States and likely the entire world's financial system is undergoing massive de-leveraging of the said parasitical and non-productive uses of the credit and money of the United States of America (as well as other nations' currencies);

Sun, 10/17/2010 - 10:44 | 656442 Bearster
Bearster's picture

High sounding words about justice.

But you can't steal from or kill a Person A, just because Person B (who happens to belong to a group that Person A belongs to also) did something illegal.

In other words, TARP was wrong, but it does not give anyone a right to break into a house they don't own to take it back by force.

You said you have a family.  How would you feel if the Earls hurt your family, all the whole saying "fuck the banks and the fucking banksters"?

Sun, 10/17/2010 - 11:04 | 656467 WaterWings
WaterWings's picture

Wut? Stop confusing yourself.

You see that floating eye at the top of the pyramid on the back of the Federal Reserve Note?

WAR BITCHES!!!

Sun, 10/17/2010 - 10:45 | 656443 Bearster
Bearster's picture

(sorry message was posted twice)

Sun, 10/17/2010 - 12:13 | 656589 chopper read
chopper read's picture

Crab Cake, I feel certain you will join the fight if the day comes, family or not.  Any world where these bums are in charge is destined to be a horrible place for your offspring.  

lets take it one election at a time.  legally arm ourselves with guns and gold, and educate everyone around us.  

remember, the Berlin Wall fell peacefully.  And for every government worker and public servant who would do anything to keep their position (including "just following orders"), there are likely an equal amount of public servants who recognize this relentless assault on freedom. 

US soldiers are some of the most patriotic individuals to ever exist in America.  It is difficult for me to believe that these individuals would fully support the continuation of oligarchy rule rather than the Constitutional Republic.  Folks have had enough of this hypocrisy at the expense of liberty.

We have Federal control of transportation, 'edukation', banking, autos, healthcare, retirement funding, 'central intelligence', the 'war on terror', the 'war on drugs', etc., etc.  This tyranny will grow, and grow, and grow, and grow until a tipping point.  Perhaps this is now.   

all said, any 'uprising' cannot be justified unless every measure of peace has been pursued, without compromising our standards of LIBERTY for all.  

Sun, 10/17/2010 - 12:58 | 656678 DosZap
DosZap's picture

"If I didn't have a family that needed me, and I had less to lose, I would put my life and freedom on the barrelhead and go to war with the Bernankes and Mozilos of this world, because the the justice system has become a corrupted tool for enforcement and taxation."

 

Crab,

Our founders did, and they had a hell of a lot to lose also.And most DID.

Before this is said and done,a repeat will be in order.

I see no way out of it, sad part is this shit was allowed and planned.

Ponzi's are always designed to fail,some poor schmucks always get it in the end.

Unless the PTB that are responsible for this are brought to Justice, I see no way out.

Sun, 10/17/2010 - 03:48 | 656132 Glass Steagall
Glass Steagall's picture

Yep. Fucking Federal Reserve Act. Stop there. Nothing more to point at.

 

Get this country back on real money (non-fractional reserve - don't care if it's gold or goldfish) and watch what happens.

Sun, 10/17/2010 - 12:18 | 656605 Boba Fiat
Boba Fiat's picture

Think you'd have to deport Jews to get back to honest money.  Not gonna happen.  They'd make a movie about how honest money is evil and Central Banks are heavenly.  We're screwed because we love to be entertained by them.  Shia Labeouf is so cute and I believe anything he says, especially if he's directed by Steven Spielberg or Oliver Stone(berg).

Sun, 10/17/2010 - 12:37 | 656643 Glass Steagall
Glass Steagall's picture

Totally agree.

It really speaks to how stupid humans really are…

I mean, we’re smart enough to split atoms, build and fly airplanes, space shuttles, etc. But we’re too fucking stupid to not OUTLAW fractional reserve banking. If there is any threat to human kind that is greater than fractional reserve banking, I don’t know what it is.

I think most people are about six hairs shy of being baboons.

Sun, 10/17/2010 - 12:54 | 656672 Boba Fiat
Boba Fiat's picture

Awesome video called "Money As Debt" that explains how "Goldsmith" led to fractional reserve banking.  Of course now we have Bernanke and Blankfein and Rubin and Greenspan--same tribe as Goldsmith.

 

http://www.youtube.com/watch?v=vVkFb26u9g8&feature=fvw

 

Sun, 10/17/2010 - 13:12 | 656699 Glass Steagall
Glass Steagall's picture

Oh, look. We got jewed. Er, I mean junked.

Sun, 10/17/2010 - 15:03 | 656888 chopper read
chopper read's picture

+1 Glass Steagall.  If folks wish their "1 unit of wealth" to be loaned, they they should accept that this "1 unit of wealth" can be lost by the borrower.  If folks wish to protect their "1 unit of wealth" then they should buy a safe or hire a safety deposit box.  

Either way, FDIC insurance and fractional reserve counterfeiting is the work of a presupposed devil.  THIS IS NOT LIBERTY.  

 

Sun, 10/17/2010 - 13:48 | 656771 tmosley
tmosley's picture

It's not about Jews or non-Jews (and you are turning people away from the truth by claiming it is).  This is about bankers and governments.  I somehow doubt that Jews are in charge of the Japanese central bank, or that of Zimbabwe, yet those nations have been brought to thier knees just the same.

Blaming all your problems on a class of people because of thier lineage leads to nothing but catastrophe.  Instead, recognize the TRUE cause of the problems, which is the adoption of fiat currency by government force (and government force in general).

Sun, 10/17/2010 - 15:05 | 656893 chopper read
chopper read's picture

well put.  this is a simple war of ideas.  That said, from where did these ideas come?

Sun, 10/17/2010 - 18:25 | 657153 Bob
Bob's picture

tm, I hope that you soon incorporate into your action item list the fact that all kind of freaks are sent into ZH to agitate. 

Racists are some of the world's cheapest labor.  They're like sex slaves to their own self-flattering sickness.  They'll do anything for the thrill. 

 

Sun, 10/17/2010 - 18:30 | 657162 chopper read
chopper read's picture

racist hate themselves.  Importantly, they often ignore the fact that we are all cousins within 30,000 years.  Thems just DNA facts.  

that said, there are both religious and ethnic groups who see themselves as superior based on how they label themselves.  This superiority complex can sometimes cause them to engage in practices that harm others who are not in their group.  In fact, the dehumanization of those not in their group can often lead to atrocities.  

I'll keep it appropriately ambiguous from here.  

Sun, 10/17/2010 - 14:28 | 656837 RockyRacoon
RockyRacoon's picture

Think you'd have to deport...

Sticky thing separating all those families of mixed religion, eh?  Which one gets the children, the dog, the parakeet, or the McMansion.  Ain't we got enough problems?

Sun, 10/17/2010 - 15:06 | 656895 chopper read
chopper read's picture

+1

Sun, 10/17/2010 - 17:03 | 657043 robobbob
robobbob's picture

It's easy to look at a complex situation and simplify it down to a blame THEM argument. There are as many factions of Jews, as Christians, or any other group. They have conseravtives, progressives, and even whacked out mystery cults. The Ashkenaz Jews, who mostly comprise the elites running this game, have no use for the Shephardic Jews and will martyr them in an instant when the time comes. And of the Ashkenaz, the 99% who are not part of the elite are just as disposable. Just as only a tiny number of Germans were involved in the final solution, so to, only a small incestuous cabal are involved in this corruption. It is the tragedy of mankind that nothing will be done until the rage against injustice errupts, and such critical, but subtle, differences will be cast aside by mobs looking for justice, but dispensing blind prejudiced vengeance.

The atomic bomb is a tremendous achievement and a powerful weapon, the problem is, the failout just can't tell the difference between friend and foe.

FYI, not Jewish, not even religious. just want to make sure the right heads get put in the guillotine-not a bunch of scapegoats and fall guys.

Sat, 10/16/2010 - 23:30 | 655899 Rusty Shorts
Rusty Shorts's picture

 - 'these are fickle times dick,best i've ever seen...

http://www.youtube.com/watch?v=_2dwL6_SAXE

 

Sat, 10/16/2010 - 23:37 | 655906 dr_teeth
dr_teeth's picture

Conejo Capital Partners is probably a group of pretty well of people who see the depressed sales prices as a way to make some quick money. Now, there's nothing wrong with that, but now they can see that it's not as easy as it sounds.

 

I'm sure the new buyers were going to pay a very good price for the property and all it took was for Conejo Capital Partners to invest a bit of money and a few months work. A quick flip, just like you see on TV. Well, fuck you Conejo Capital Partners, you got fucked. Those quick deals are actually just taking money from the tax payers who got fucked bailing out the first mortgage holding bank, and now the new mortgage will just be backstoped again.

 

Sure, the Earl's are bastards, but I would do the same thing. Fuck Conejo Capital Partners.

Sat, 10/16/2010 - 23:48 | 655921 spyware-free
spyware-free's picture

The Earl's are the bastards. They know they're in the wrong here by not paying their mortgage. I guess while we're taking the law into our own hands then If I'm the new buyer of that home they would be meeting Mr. Mossberg and be out on the street again.

Sun, 10/17/2010 - 01:09 | 655999 bronzie
bronzie's picture

"The Earl's are the bastards"

that would be my take on the situation - sounds like they pulled over $300K out of the house and now maintain they owe nothing and are owed damages - sound like freeloaders to me - fuck them and their 9 children

there is no such thing as a free lunch

and, before you junk me for being willing to throw these people into the streets, consider this: are you willing to support them?  take them into your house, feed and clothe them, provide educations for the children?  if you wouldn't support them directly, why would you be willing to support them indirectly via your tax dollars?

again, there is no such thing as a free lunch

Sun, 10/17/2010 - 04:55 | 656198 scatterbrains
scatterbrains's picture

true dat.. only one's gonna be eating anyone's lunch round here is us bankers.. f all you peons!  f you think this is ? sheesh

Sun, 10/17/2010 - 14:36 | 656846 SRV - ES339
SRV - ES339's picture

+1

Division is complete... let the conquering begin!

Sun, 10/17/2010 - 04:15 | 656144 Eternal Student
Eternal Student's picture

Really? Have you even heard their side of the story? That they ended up paying over $100,000 while the Banks kept changing who the money was owed to? That they'd pay what the Bank claimed, only to find out that their payments weren't credited, and the amount due increased?

Or that the children in their house are adopted, and that they've raised 45 adopted/foster kids?

It sounds like you're just willing to believe the Banks' Press Releases. Myself, I'm waiting for the facts to come out here.

But I am very concerned that what they represent is a new con-game by the Banks, to foreclose quickly whether they have the right to or not. And that's what I think people should be upset about, if that's what the Banks are now doing.

Sun, 10/17/2010 - 04:55 | 656197 The Alarmist
The Alarmist's picture

OK, the Earls pulled out $300k and put back $100k. I'm still having a hard time feeling sorry for them.

 

Sun, 10/17/2010 - 05:01 | 656203 Eternal Student
Eternal Student's picture

Try feeling sorry for yourself then, if you have a mortgage. If the Banks can get away with what looks like fraud here, they can pull it on you. Even if you do try to meet your contractual obligations. This is a way of taking your house away from you, with no recourse on your part.

Sun, 10/17/2010 - 08:51 | 656319 cossack55
cossack55's picture

First they came for the homeowners

And I did nothing

Then they came for the bondholders

And I did nothing

Then they came for the 401K/IRA holders

And I did nothing

(finish any way you wish, it always comes out the same)

Sun, 10/17/2010 - 12:42 | 656651 TuesdayBen
TuesdayBen's picture

Then they came for 80% of all electronically tracked revenues.

Then they came for your electronic medical records.

Then they came for your old light bulbs.

Then they came for the filling in your stash of vintage Oreos.

Then they came to discuss your 'inconsistent' travel patterns.

Then they came to discuss the rationality of your apparent desire to continue the treatments, to continue living and sucking up precious Gubmint resources.  At some point, Mr. Doe, haven't you lived enough?

Sun, 10/17/2010 - 13:03 | 656686 Oh regional Indian
Oh regional Indian's picture

*Clap Clap Clap*

Both Cossack above and this! Awesome.

 

ORI

http://aadivaahan.wordpress.com

Sun, 10/17/2010 - 14:40 | 656855 SRV - ES339
SRV - ES339's picture

Then they came for the filling in your stash of vintage Oreos.

Very subtle... and sad.

Sun, 10/17/2010 - 15:10 | 656901 chopper read
chopper read's picture

...sorry, you are on the list of those who will be eliminated "for the sake of the children" and "for the sake of the planet".  It was either you or the central planners, and someone had to go.  

Sun, 10/17/2010 - 13:21 | 656720 The Alarmist
The Alarmist's picture

Sorry, but I own my house outright. But if I believe stories I keep hearing, maybe I shouldn't feel safe.

 

Sun, 10/17/2010 - 08:50 | 656318 nedwardkelly
nedwardkelly's picture

It sounds like you're just willing to believe the Banks' Press Releases. Myself, I'm waiting for the facts to come out here.

I'm not willing to believe ANYONE here, until the facts come out. Until then, I'll assume the banks think they're above the law, this family thinks they're above the law and this lawyer is a deadbeat asshole.

Sun, 10/17/2010 - 18:55 | 657193 Bob
Bob's picture

That seem to me to be what it amounts to at this point.  The Earl's have, temporarily I would hope,  become the lightening rod for this issue.  It will be interesting to see how the Madison Ave pro's play this one.

Sun, 10/17/2010 - 08:48 | 656317 nedwardkelly
nedwardkelly's picture

If I'm the new buyer of that home they would be meeting Mr. Mossberg and be out on the street again.

Man, wouldn't that start a shitstorm of lawsuits. "These people were in my home. I tried to remove them physically. They got violent, I feared for my life, I shot them". How the F is that one going to be ruled?

Sun, 10/17/2010 - 16:59 | 657040 thefedisscam
thefedisscam's picture

+10000

Sun, 10/17/2010 - 00:32 | 655974 caconhma
caconhma's picture

dr_teeth,

If I was a buyer, I would kill you.

PS

Do you need my address or do you provide to me yours?

Sun, 10/17/2010 - 02:56 | 656006 Village Idiot
Village Idiot's picture

be as angry as you want to be, but don't go asking for address' around here - you might not like what shows up.  seriously.

 

EDIT:  Unless it's the address for Andrew Mozillo' favorite restaurant. New tactic - public humiliation - televised and incessant  Who's with me?

Sun, 10/17/2010 - 10:25 | 656414 UninterestedObserver
UninterestedObserver's picture

LOL so when Joe6pack got screwed for being a house flipper when the market collapsed that was OK but when a hedge fund gets screwed everyone is up in arms? Fuck all the greedy pigs - anyone that buys before the reset button gets hit shouldn't be surprised when they take it up the a** and lose big money.

Sun, 10/17/2010 - 12:23 | 656612 chopper read
chopper read's picture

 It is truly sad that all across America so many people claim to be the “victim” rather than taking personal responsibility for their actions.

 

...everybody is a victim.  

Sun, 10/17/2010 - 14:31 | 656839 RockyRacoon
RockyRacoon's picture

That's three.

You are hereby junked.

Sun, 10/17/2010 - 15:15 | 656910 chopper read
chopper read's picture

nice to know somebody is paying attention in class.

..I did add "...everybody is a victim", which I felt was a nice variation, Rocky. 

 

"Junked?!  I've never been more offended in my life!!"

Sun, 10/17/2010 - 13:27 | 656731 greyghost
greyghost's picture

canejo capital partners llc......aprox. revenue $120,000 and a total of 2 employees. mom and pop popcorn stand run out of their thousand oaks, ca. home. winner winner winner, we have a winner....bank!

Sat, 10/16/2010 - 23:38 | 655907 samsterns
samsterns's picture

Carnejo Capital is a vulture oufit.  I know them all too well.  The real problem is that the foreclosing bank used FRAUD to forclose on the Earls.  It is an undisputed fact that the Earls have not been paying their mortgage, but if the bank had no LEGAL recourse to pursue a foreclosure because the originator of the loan did not assign that legal right subsequently to the foreclosing bank.  I am afraid that in this instance it is now a legal matter between Carnejo and the foreclosing bank, since the foreclosing bank committed fraud in pursuing an illegal foreclosure.

You see, the bank engaged in ab illegal foreclosure because the bank did not protect its inherent right to foreclose in the event that the Earls defaulted on the mortgage.  The fact that Carnejo enegaged in an illegal act-the purchase of a property at an illegally induced trustee sale is a matter between Carnejo and the bank.  As a matter of law, if the bank did not foreclose legally (and technically the bank did not), then the Earl has a right to the property back.

 

By not doing its diligence adequatley, Carnejo unwittingly bought a house that was illegaly foreclosed on.  This is now a matter between the bank and Carnejo.  The Earl deserves the house back.

In the future, all bidders at trustee sales must be certain that the banks doing the foreclosing has the LEGAL right to do so.  This can only occur if the originator of the loan did the re-assignment correctly throughout the chain of sale of the loan.  I am 100 percent certain that in the Earl case, this was not done correctly.

It is Carnejo, not the Earls, that is shit out of luck!!

 

Too bad for you, Carnejo--a vulture firm.

Sun, 10/17/2010 - 00:03 | 655938 Fred Hayek
Fred Hayek's picture

Actually, as a couple different lawyers have explained it to me (caveat, I'm not absolutely sure that Cali law isn't different) the law is very strong in defending buyers of previously foreclosed homes.  The Earls would have to take action against the bank.  The law is not set up to play musical homes.  Once a foreclosure has been legally processed and a sale made, that home's not going back.

Sun, 10/17/2010 - 00:31 | 655972 RichardP
RichardP's picture

How can a foreclosure be legally processed by a bank that had no legal right to foreclose?

Sun, 10/17/2010 - 00:36 | 655979 Oracle of Kypseli
Oracle of Kypseli's picture

The key words here is "legally possesed" No one knows if it was legally possesed. If frudulently repossesed, all bets are off and the judges will decide. 

Sun, 10/17/2010 - 01:02 | 655997 merehuman
merehuman's picture

posessed, the ghost of our economy . Ah but we have a silver bullet.

Sun, 10/17/2010 - 01:13 | 656005 samsterns
samsterns's picture

FOR ALL OF YOU WHO JUNK ME, READ THIS NOW!!!!!!!!!!!!!!

 

 

 

Let me repeat myself for all who still don't understand the "issue".  The Earls did not make payments on their mortgage payment.  This fact alone allows "an entity" to foreclose on the Earl for defaulting on their mortgage.  The obvious "entity" who is definitely allowed to "legally" pursue the foreclosure is the entity who originated the loan.  Did everyone get that?  Good.

 

Now the "issue" is that the originator of the loan (with whom there is no legal issue with respect to the right to foreclose on the Earl) has re-assign his "rights" to some other party with respect to the Earl's loan.  In other words, the originating entity sold the Earl's loan to another party (i.e. a bank).  This party sold it again and again and again.  All of which is fine and good except that with each sale, including the very first sale, the "originating entity" did not assign (or convey) the right to foreclose on the Earl to the buying party.  Did you all get that now?

The buyer of the Earl's loan was not savvy (smart, careless?, whatever) enough to demand that the "originating entity" convey its right to foreclose on the Earl's loan (in case of default) in a "legal" manner.  Did everyone get that?

 

It is as if a bank made a purchase loan to a homebuyer without recording it at the county recorder (a mere technicality) and now demands the right to foreclose on the homebuyer when the homebuyer does not pay the mortgage.  Now does everyone get IT?

Imagine a bank dumb enough not to record a deed of trust (the legal definition of a mortgage) on a loan. And now that STUPID BANK demands the right to foreclose on you when you do not make the mortage payment.

Does the fact that the STUPI BANK was too stupid to legally preserve its right to foreclose on you a technicality if you decide to contest it?  Yes, you sign a contract with the bank, but by state law, the bank must record the deed of trust in order to LEGALLY foreclose on you.  If the STUPID BANK did not record the deed, then he is not LEGALLY allowed to foreclose on you even if you don't pay.  GET IT NOW??

 

FOR ALL OF YOU WHO JUNK ME, FUCK YOU!!!!

Sun, 10/17/2010 - 02:15 | 656045 What_Me_Worry
What_Me_Worry's picture

I junked you just because you are worried about being junked.  Speak your mind, being junked doesn't matter(there like deficits).  Just look at Hairy Wanker, that guy must have been junked 1000 times by now and still speaks nonsense every day.

Sun, 10/17/2010 - 02:59 | 656096 fuu
fuu's picture

+6 and counting

Sun, 10/17/2010 - 03:00 | 656099 Village Idiot
Village Idiot's picture

I junked you because you said "READ THIS NOW!!!!!!!!"  You should only use one exclamation point.

Sun, 10/17/2010 - 03:13 | 656109 Village Idiot
Village Idiot's picture

"Carnejo Capital is a vulture oufit.  I know them all too well."

 

Start here.

Sun, 10/17/2010 - 03:39 | 656129 samsterns
samsterns's picture

I know Carnejo very well.  This is how we refer to them as "meat."  Like Lord Bankfiend.  I just assumed you knew.  My bad.  Based out of Thousand Oaks, bad shady characters.  I would advise every last foreclosed owners whose properties were bought by these assholes to re-take posession as long as these con artists are still the owners and havent sold them. 

Cant wait to see these vultrures get eaten.

Sun, 10/17/2010 - 04:16 | 656139 Village Idiot
Village Idiot's picture

Hmmm. Tyler, what about a little background on Carnejo? Caught in the middle, or...?

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