First they came for those in foreclosure,
and I didn’t speak out because I wasn’t in foreclosure.Then they came for those who were unemployed,
and I didn’t speak out because I wasn’t unemployed.Then they came for those who were late on their bills,
and I didn’t speak out because I wasn’t late on my bills.Then they came for me,
and there was no one left to speak for me.
There is a collective cheer going on all across this country, and especially in the State of Florida as centers of power and influence use the institutions of government to do the dirty work of the banks, the institutions, the fradulent and criminal money changers.
When their work cannot be done within the existing framework of our nation’s laws, first they circumvent the laws, then they just blatantly ignore all the laws. After they’ve gotten away with just ignoring the laws, then they look to the institutions of power, the three branches of government to legitimize their lawlessness, and then, finally, they ask the government to become partners and active participants in blatant and grossly abusive overreaches of power.
We are in the final stages here in Florida especially. First courts ignored what was deemed “sloppy procedure”, then they morphed sloppy procedure into euphemisms that described criminal behavior with terms like, “surrogate signing”, next they completely ignored the profound consequences of systematic fraud and forgery…
WHAT DOES IT MATTER WHO OWNS THE MORTGAGE ANYWAY?
Then, most prominently on display with the proceeds that come directly from the crime spree and wrongdoing in the form of National Mortgage Settlement payout, which money has made its way quite directly and specifically into Florida’s court sponsored foreclosure court system, that payment of money is the ultimate and final step in the crime spree. The direct and specific manner in which the blood money was provided, and the manner in which this money is now being used to help the wrongdoers and punish the victims of the crime spree that is foreclosure fraud is so blatant that it apparently must be ignored.
Throughout the Florida Legislative Session, and in all the discussions by policymakers about the foreclosure crisis, they focus on this delusion that the end product of foreclosure is some benefit to families, to communities, to local economies. Nurturing this delusion is required in order to justify wanton lawlessness and the complete dismantling of our nation’s civil justice system.
Sure we’ve got to ignore and violate an entire system of laws, but we’ve got to get these foreclosures cleared! The ultimate expression of the ends justifies the means.
But what this entire misguided and delusional justification for the continuation of a crime spree misses is the final analysis of the ultimate impact of the crime spree has so far been ignored.
FAMILIES AND COMMUNITIES DO NOT BENEFIT FROM FORECLOSURES. THE SYSTEM HAS BEEN RIGGED TO BENEFIT INSTITUTIONS, AND THE COMPLEX FINANCIAL ENTERPRISES THAT HAVE ULTIMATE GOALS WHICH ARE COMPLETELY INCONSISTENT WITH COMMUNITY VALUES
The hedge funds have ZERO interest in the long term stability and development of our communities. In fact, on core levels, the hedge funds goals of maximizing short term gain are entirely at odds with the long term commitments and building that is required for long term community growth.
But in this madness and fury that is the collective response to punishing those in foreclosure and who are down on their luck….these types of analysis do not matter…..
Blackstone Group LP (BX), the private-equity firm that has spent $5 billion on more than 30,000 distressed houses, is preparing to expand its bet on the housing recovery by lending to other landlords.
By increasing its stake in the rebound through lending, New York-based Blackstone Group LP could benefit from smaller landlords already investing in what Goldman Sachs Group Inc. estimates to be a $2.8 trillion market. Photographer: Scott Eells/BloombergThe firm, which already owns more rental homes than any other investor, has set up B2R Finance LP to offer loans starting at $10 million, according to four people who reviewed the terms. B2R is reaching out to landlords with portfolios of properties seeking to grow in the burgeoning industry for single-family homes to rent, said the people, who asked not to be identified because the discussions are private.
The world’s largest private-equity firm said last month that it was entering the later stages of its buying spree after leading a group of institutional investors who’ve spent at least $17 billion on more than 100,000 homes over two years, helping fuel the fastest price gains since 2006. By increasing its stake in the rebound through lending, New York-based Blackstone could benefit from smaller landlords already investing in what Goldman Sachs Group Inc. estimates to be a $2.8 trillion market.
