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Foreclosure Fraud Arrest Tally: Arrested 22; Bankers Responsible 0
For an amusing indication of just how effective the US justice system is, look no further than the JP Morgan offices in Los Angeles. A peaceful protest in front of the front doors of the megabank led to 22 arrests. Alas all of them were of those protesting: not a single banker was even touched in the making of this non-brush up with the law. From ABC News: "Police arrested 22 demonstrators who blocked entry to a downtown Chase
bank branch Thursday to protest what they said were unfair home
foreclosures. The demonstrators, which included homeowners facing foreclosure,
community advocates and labor leaders, silently allowed officers to bind
their wrists behind their backs with plastic restraints and guide them
into a police van. Dozens more demonstrators chanted and marched on a nearby sidewalk
holding sighs that said "Stop Bank Greed, Save Our Neighborhoods" as the
12 men and 10 women were taken into custody." So instead of the legal system finally finding at least one of the bankers who either led the country to the Great Financial Crisis even presumably guilty, the status quo marches on as those who dare to protest against what will sooner or later be disclosed as the biggest fraud in US financial history.
More from ABC:
Detective Gus Villanueva said there were no injuries to police or protesters, who would be cited for trespassing and released.
Alliance of Californians for Community Empowerment member David Mazariegos said the demonstrators hoped to bring attention to the plight of people who were unjustly losing their homes.
He said banks' failure to modify many borrowers' loans puts them in violation of the Home Affordable Modification Program in which lenders agreed to participate as part of the bank bailout.
"The banks are not helping anyone stay in their homes," Mazariegos said. "It's highway robbery, what they're doing to these people."
ACCE director Amy Schur said the groups were singling out JPMorgan Chase & Co. because most of the borrowers whose foreclosures and evictions they are contesting are serviced by that bank.
A Chase spokeswoman did not immediately return a phone call Thursday.
One wonders just what kind of event Julian Assange is waiting for to release
any of the financially-related documents that may finally being some justice to the
kleptocratic regime in which trespassing is a greater crime than the coordinate and organized theft of trillions. If his "insurance" is to be released only in the
event of his expiration, perhaps someone should explain to the Wikileaks
founder that at that time it may be too late to collect on the prize...
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A journey of a thousand miles begins with a single step, say Confucius. Perhaps this will be that step. Is it the first demo against banksters that has produced arrests?
I are confused. What did the protesters do to get arrested? Were they violent? Trespassing? Really? I had to cross through a loud group of union strikers to get in to a building tonight - wish that noisy lot had been picked up for 'tresspassing'....
In my experience, the cops always give you notice that you can't block access to the building. If you don't move, they will arrest you. It isn't clear in the article, but it sounds like a peaceful civil disturbance meant to yield arrests to get others involved.
it doesn't have to be trespass, if an officer gives you a "lawful order" to move and you refuse, you can be hauled in for obstructing
In my experience, the cops always give you notice that you can't block access to the building. If you don't move, they will arrest you. It isn't clear in the article, but it sounds like a peaceful civil disturbance meant to yield arrests to get others involved.
Julian Assange has been bought.
Everyone has their price and the banks have trillions.
If ya can't kill em...buy em.
life is a bigger bargaining chip than money. So is Anthrax.
I remember in New York when the unions would protest, they'd bring along a giant inflatable rat and put it out front. It's been protected as free speech. See photo
http://www.nj.com/news/index.ssf/2009/02/union_rat_is_protected_as_free....
I wonder if William Banzai has any thoughts for an appropriate bank protest inflatable?
Sumpthin' that looks like the "Hamburglar??"
Scores of HOMEOWNERS DO NOT CONTEST FORECLOSURES BECAUSE: \
1. They don't have knowledge of the law in order to recognize which aspects of foreclosure are legally challengeable or even fraudulent.
2. And even those who identify wrongdoing lack funds to pay for attorneys to represent them.
3. Homeowners are told to come to foreclosure auctions with $$$$$$$ that they do not have, SO THEY STAY AWAY from foreclosure auctions.
These homeowners are oblivious about sometimes "straw buyers" and sometimes lawyers in charge of foreclosures, obtain ILLEGAL ownership of people's homes; and pay literally nothing through "credit bids;" and that those recorded deeds from such auctions are null! For these very reasons, there needs to be a probe of lawyers who file foreclosures. http://chn.ge/eU2zAm
Also, the average lay person doesn't know about legal REQUIREMENTS of "standing" that prevents their homes from being repossessed via non-existent lenders or via lenders which have no ownership of promissory notes.
Yet, COURTS ARE SUPPOSED TO ENFORCE STANDING and compliance with established laws! Illegal, defective, fraudulent foreclosures are the cause of useless property deeds for real estate sales; title insurance companies refuse coverage on foreclosed properties –and more!
Further, after certain foreclosure auctions (via simulation) result in fraudulent – NOT LENDER ACQUISITIONS, by lawyers or straw buyers, the common scenario becomes property flipping, neighborhood blight, rodents, and so on!
*Sample of fraudulent foreclosure acts:
–Deliberately use defunct lenders, lenders without “standing” for false civil and bankruptcy foreclosure proceedings.
– Create and conceal malpractice foreclosure delays and engineer billable litigation.
– Orchestrate sham foreclosure auctions; property never acquired by lenders, but 'straw buyers’
– Commit actionable wrongs (unfair debt collection, fraud, various torts) that create lawsuits
– Self-dealing foreclosures which certain lawyers themselves obtain foreclosed properties for flipping.
–Foreclosures naming defunct lenders, illegally recorded property deeds, flipping, blighted communities.
– Unconscionably create false deficiency judgments against property owners after straw buyers acquire homes for pennies on the dollar.
– Intentionally false BANKRUPTCY COURT “Motion to Lift” and “Proof of Claim” on behalf of non-existent lenders which conceals fact of “NON-SECURED” mortgage debt.
–Involved in fraudulent collection of property damage insurance, as well as mortgage-default insurance.
–Fraudulent foreclosures abet loss of property taxes to city revenue, rodents, vagrants
– Thousands of families made unlawfully homeless from null foreclosure proceedings.
Foreclosure lawyers are officers of the court. Lawyers are required to know applicable laws and civil procedure; this knowledge is not required from mortgage lenders, nor loan servicers. Lawyers are the ones who file those inadequate or questionable foreclosure which lead to useless property deeds and impediments to real estate sales; title insurance companies reluctance to cover foreclosed properties; mortgage default claims disputes due to defective foreclosures.
*MORE info: Request for Congressional Foreclosure Panel to Examine Foreclosure Lawyers
http://www.change.org/petitions/view/request_for_congressional_foreclosu...