We all see firsthand the travesty and tragedy that is Fraudclosuregate every day we step into courtrooms. We’ve all been screaming LIES and FRAUD and CRIMES for so long that I’m personally hoarse and just going out of my mind with frustration.
We’ve been asking for years for courts just to slow down, recognize the crisis for what it is and punish the criminal banks and their law firms for the LIES, the FRAUD and the CRIMES. But no one seems willing to do this. And so every day we labor on, filing Motions to Dismiss and arguing the same issues again and again and again.
The problem with failing to punish systemic LIES, FRAUD AND CRIMES is that the conduct continues, mushrooming out of control until we’re now in the situation that we are in now….CATASTROPHIC FAILURE.
I’ve asked this question before…..What if years ago, the big shots in leadership positions across this county listed to Judge Walt Logan in his MERS v. AZIZE opinion? What if anyone paid any attention at all to the systemic problems that were so plainly on display with the whole MERS fiction?
But it’s too late for that now…..no sense in saying, “We Told You So”……except that I still go in court every day and hear the same old question, “have you paid your mortgage and if not, Foreclosure Judgment Granted“….more of that even today. Even after all of this. Even after the ACLU lawsuit. Even after the LIES, the FRAUD, the CRIMES. Oftentimes courtrooms remain Kafka-esque.
The Long Term, Bigger Picture Consequences……
Standard and Poor’s long term credit downgrade of the U.S. economy is directly impacted by the foreclosure crisis, which has cost tax payers $148-billion to bail-out Freddie Mac and Fannie Mae so far. But S&P analysts expect ” extraordinary official assistance to large players in the U.S. financial sector” to be made to fix the housing market and the economy at large.
