Unfortunately…and fatally, decision makers in this country, especially our nation’s failed judicial system, have decided that the law no longer matters. Our national economic policy is….
No Rules Foreclosure Rules, Just Right!
From trial courts, up to appellate courts and right up to the highest courts of this land, the American judicial system has decided that it’s good legal policy to ignore laws so that the admitted crimes of the financial services industry can continue to rage on. This perspective completely ignores the long term consequences of a legal system that becomes utterly complicit in the PONZI scheme that is the United States financial system. (Hint….the assets claimed in Mortgage Backed Investment trusts do not exist, that’s why we call them, Nothing Backed Securities)
But not enough judges will care about this, instead abdicating their responsibilities for thinking through the consequences of systemic policies onto the children of the legislative and executive branches.
At least some in the 4th branch get what’s occurring….
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