You saw that title, “A $200K Mortgage for $2 a Month,” and maybe you thought, “that looks like spam.”

No. It’s real.

And then maybe you thought, “a $200,000 mortgage? For only $2 each month? That sounds impossible.”

Well, it is possible. It’s just not possible for you.

For Bank of America, yes. For Citigroup, yes. For Wells Fargo, yes.

HUFFINGTON POST

Visit msnbc.com for breaking news, world news, and news about the economy

You gotta watch the roll call that details the actions attorneys general from around country are taking….noticeably absent is a single word about anything being done from Florida’s utterly absent (sort of) Attorney General Pam Bondi.

How can virtually every other attorney general be doing something while one notable exception just stands out DOING ABSOLUTELY NOTHING?

DYLAN RATIGAN

A few months ago, I was contacted by members of the Florida Senate staff who were looking for input on how to improve the foreclosure process in Florida.

I realized fairly early in the conversations that there was no real interest or concern about preserving the integrity of the legal process or protecting the rights of both homeowners and other stakeholders in the process….the only real interest was in making the process of throwing families into the street quicker…..due process be dammed……

The work product released from Florida’s Senate reflects this singular focus.  Take a look especially at the attached November interim report from the Florida Senate.  The report demonstrates a slavish intent to throw the law and fairness….(you know how those things tend to slow down things) completely out the window.

Once again Florida’s Legislature is trotting out the tired old Uniform Non Judicial Foreclosure Act as part of their insistence on turning Florida into a Due Process Stripping, Rights Be Dammed state.  The only problem….once again is they’re trotting out the Uniform Non Judicial Foreclosure Act, which is anything but uniform…it’s been around since 2002 and not a single state has adopted it….(non judicial foreclosure act)

Listen to the Audio of the presentation and hear the utter frustration on the part of Senators about the fact that the federal Dodd-Frank legislation would stand in their way of turning Florida into a non-judicial foreclosure state. Pity that when the banksters wrote the mortgage documents, those documents gave borrowers rights….like the right to have a judge adjudicate any disputes….it’s kind of a bedrock principle of American law that a legislature cannot change laws that impair private contract rights…..again with those pesky laws…..

Not surprisingly, the Senate report and the discussions contain hardly a mention of the systemic fraud that has plagued the foreclosure process nor any input from homeowner’s rights advocates (who needs any of that to get in the way of progress).

Also missing is any indication of the hours of input I provided. (how’s that for a legal process that’s fair to all?)

Please read through all the materials carefully….especially the November Meeting Package

Over the last three years, the Federal Reserve has sent trillions of dollars all around the planet. Trillions abroad, Trillions to China, Trillions out into outer space.

We mere mortals have no idea where trillions of dollars in US currency is going or has gone because THE FED HAS NEVER BEEN AUDITED.

This isn’t tin foil hat stuff people.  Watch the videos, and listen to the responses straight out of Ben Bernake’s mouth for yourself.

Mr. Bernake, can you tell the American people where trillions of dollars went? NO. I DON’T HAVE TO.

BEN BERNAKE

Of all the crazy stuff out there, all the complex and complicated and confusing stuff and things that are in dispute, these facts are not in dispute:

The Federal Reserve and your federal government have sent trillions of dollars flying around into space.

And every day the do not explain why or where, we get spat in the face.

And every single day in my office I touch and feel and live and breathe the direct result of an economic, fiscal, legal and world system that is Alice and Wonderland out of control. Who owns the loan? Who cares. Please give me a modification? Who Cares. I’d like to buy this short sale? Who cares. Look, the banksters just looted hundreds of billions of dollars! Who cares.

A few judges have cared along the way, God Bless the good Judge William Blackmon in Georgia and the good Judge Walt Logan who many, many years ago looked at all this phantom shadowy insanity and said, “This ain’t gonna end well”. (Azize Opinion)

Now I do believe the truth of the matter is when we finally do discovery exactly what the truth of the matter is, all hell is going to break loose and the deep dark Apocalypse I fear will come to pass.  Just watch the video below and think it through slowly.

BEN BERNAKE

Last year, with much fanfare and high expectations, it was announced that the Florida Supreme Court would require all residential foreclosures to go through a formal mediation program where borrowers and lenders would sit down together to try and come up with a workable solution to each foreclosure case.  What we all hoped was that these formal meditations would lead to modifications or other solutions that would relieve some of the pressure on our courts and help to keep people in their homes, paying mortgages and stabilizing communities.

But first, please read (here) what I said about how the success of the Supreme Court’s Mediation Directive rests entirely with the lenders….more than one year ago….

Regrettably, this has not happened.  Mediation has been an abject failure across the state.  While borrowers certainly bear some of the responsibility for this failure, the primary responsibility for the failure lies squarely in the laps of the banks that received billions in bailouts from taxpayer dollars and who have steadfastly failed to provide any substantive relief to the taxpayer that bailed them out.

From the outset of this crisis I have remained consistently infuriated by the lack of good faith and fair dealing shown by the banks…a fact clearly demonstrated by the failure of the banks to come to mediation ready to provide solutions.

And now I believe there is a concerted push on the part of the banksters to kill the mediation program in this state.  Given the state of affairs in this country right now, where the banksters control and rule the world, they will frankly probably get what they want….they certainly seem to be prevailing on every front with legislators, regulators and anyone in a position of power or authority prepared to do whatever bidding the banksters require.

The Florida Legislature and Governor certainly seem ready to just turn the keys to Florida’s courthouses (especially when it comes to foreclosures) directly over to the banksters. I hold faint hope that the third branch of government may still provide some semblance of Due Process and protections against the crushing tyranny of corporatism, but that faint hope fades every day.

I’m going to make my voice heard. I will submit comments, hoping that someone might listen and I certainly encourage all of you to as well…..for what it’s worth…..

MediationStudy

MEDIATIONCOMMENTFORM