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The Banks, and most of the posters, are more concerned with their POWER to foreclose than they are with the money. The bankers (loan sharks) in most of the world encourage people to pledge themselves and their children as collateral. We no longer do that in this country. Maybe we could simply stop using houses as collateral.
Bill, look, I'm going to make this real for you. This happened in Atlanta, where I happen to live. Statisically speaking, we can pretty much guarantee these cops and movers were black. I don't know for sure, but I would bet you $10,000 .. for realsies, I have it on hand and would bet anyone who is fool enough to take the other side of this bet ... they were black.
The showed up at the door of these poor old black women to do what they needed to do to earn their daily bread, but in a rare bout of decency said ... no, f*** it. Find another patsie to do your dirty work. Not today. Not during the Christmas season.
I can see how this angers you. If the bank decided to be decent and act charitably, that would be fine. It is the privelage of the rich to act nobly and magnamiously from time to time ... but a cop and a mover making this decision? That seems a bit uppity, doesn't it?
I don't care what color any of them are. Stop trying to make this about race or class. A debt is owed to the bank. In the article, the woman is quoted as calling her house a mansion. Sell your mansion if you have to, and pay your debt. It's fine if the bank act charitably because the debt is owed to the bank. The deputies have no such right because the debt is not owed to them. It doesn't seem "uppity", to use your loaded word. It seems illegal.
I don't care what color any of them are. Stop trying to make this about race or class. A debt is owed to the bank. In the article, the woman is quoted as calling her house a mansion. Sell your mansion if you have to, and pay your debt. It's fine if the bank act charitably because the debt is owed to the bank. The deputies have no such right because the debt is not owed to them. It doesn't seem "uppity", to use your loaded word. It seems illegal.
Sorry, I'm not trying to make this about race or class. It just is about race and class. The cops decided they just couldn't stomach kicking one of their own in the face to satisfy the banksters. It happens from time to time. Don't worry. It doesn't happen often.
In life, you win some and you lose some. The bank lost this one. The lesson they should draw from this is to quit giving mortgages to ridiculously old ladies to derive a complex financial intrument to sell to European suckers.
"It seems illegal" doesnt cut in in statutory law.
Interesting how some are so self-serving, and an act of kindness from cops who dont want to evict elderly and infirm is cheered on by those who have no clue (or are simply in Denial) of the fraud perpetuated by Wall St and Congress.
Its backed up in NY Apellate Courts....Banksters are being held to higher standards now by federal judges. This to me is more important than throwing a 103 year old woman in the streets.
Why is this the right thing? It's easy to applaud letting this old woman and her old daughter being allowed to stay in the house, but is it really the right thing? Chances are they bank that lent them the money has not been paid. The house was used as a guarantee of that repayment. How does the bank get paid now? The sheriff's deputies are, based on the very basic info provided here, derelict in their duty. How is it alright, a good thing even, for one or two deputies of a small sheriff's department to ignore the law & the job they are hired to do?
Their duty as Sheriffs are to protect the citizens of their county, which is why they have the responsibility for evictions ... to ensure that the evictions are properly handled and the orders are lawful.
To that end, many Sheriffs around the country are coming to recognize the fraud and corruption within the system, and unlike their city and state corporate police, they are acting in accordance with their conscience and sense of right and wrong.
A similar right exists with our jury system known as "Jury Nullification" when a jury decides not to issue a guilty verdict not because the state had failed to prove their case, but because they deemed the law or the application of that law in that instance to be unjust.
The reality is a large percentage of foreclosures are acts of fraud, since the real estate scheme which has sold most mortgages as securities on the stock exchange has rendered a situation where no one really know who owns the clear title to property, and without that, a legal foreclosure is next to impossible.
Unfortunately, too many would kick the old birds out into the street, as the White Shoe Boyz on Wall Street rape the nation of Hundreds of Billions, only to be handed Hundreds of Billions more in bail outs at the tax payer's expense.
That's why it's fair.
PS: The Sheriff is not "hired" ... the Sheriff is "Elected" by the citizens of the county. This is the only law enforcement entity that is elected by the people, and thereby represents the highest law enforcement entity in their jurisdiction, superseding all other ... County, State and Federal law enforcement agents.
Last edited by GuyNTexas; 11-30-2011 at 12:06 PM..
A 103-year-old woman and her 83-year-old daughter were just moments from being evicted from their home Tuesday, when sheriff's deputies and the moving company hired by the bank decided not to go through with the action. Channel 2's Ryan Young was there when the family started thanking God for the miracle. At justthree weeks shy of her 104th birthday, Vita Lee has shared her home on Penelope Road in Northwest Atlanta with her daughter for 53 years.
It always amazes me how it's ok to bend the rules for some people but not for others. I wouldn't evict a 100 something year old woman either, but why should you evict a 65 year old woman by the same token?
Where is the cut-off age for empathy?
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