Is It Wrong To Strip Everything From Your House In Revenge Against Your Bank?

[Truth-Bringer]

Foreclosure Stripping...what are your thoughts?

Since no loan was ever given to anyone in this country for a mortgage, it's perfectly legit. There are no loans, people. The banks simply turn in the notes to the Federal Reserve to have new money created. They risk nothing and lose nothing if someone doesn't pay them.

 

[Austrian Econ Disciple]

I didn't say I agreed with it, only that was the game at the time you purchased the property. Right. Don't like it, don't buy property. Let someone else take the risk.

We will never get anywhere as a movement with this thinking. "Don't like it, don't buy it?" What kind of defeatest BS is that? Do you believe in private property or do you not? If you do, then fight. Don't say, oh well, that's the rules. The rules are RIGGED. The State will always institutionalize it's theft and criminality. Always. You don't go along with it, you damn well fight it.

This is why I hate Woodrow Wilson so damn much. If it wasn't for Lincoln he would be numero uno on my hate list.

Secondly, property taxes can be enacted or redacted, increased or decreased, at any time and you have no control whatsoever. Sure, you may have the illusion of control by petitioning your representatives, but they can do whatever they want. They could say, fuck you all, and increase property taxes 500%. It's legal. Would you still say, well, it's your fault for wanting to buy property? SOMEONE has to own the property or else you couldn't rent. Follow the logical conclusion from what you are saying. The State necessarily owns 100% of the land in this country. That means you have no rights. NO I WON'T STAND FOR, AGREE WITH IT, OR ALLOW IT. I WILL FIGHT IT, and you should too, so should everyone else...

I don't know why it's so hard for people to fight for their self-interests and rights....this is the only upside to this crisis. We must outfight Rahmbo.

 

[s35wf]

The State necessarily owns 100% of the land in this country. That means you have no rights. NO I WON'T STAND FOR, AGREE WITH IT, OR ALLOW IT. I WILL FIGHT IT, and you should too, so should everyone else...

I don't know why it's so hard for people to fight for their self-interests and rights....this is the only upside to this crisis. We must outfight Rahmbo.

Thank You for Being a Voice of Reason!

 

[klamath]

If the bank commited fraud in that they added clauses to the contract after the home buyer read it and signed, then tearing the house up is fair play.
I do feel sorry for people who made a mistake and got caught up in the housing frenzy and bought beyond their means and didn't give themselves enough cushion to get by in hard times to keep a house. Everyone makes mistakes. The country as a whole from the government to the private individual has been spending beyond their means and we are all to blame for the economic downturn. I really feel sorry for those people that bought very modest priced houses, had no credit card debt and had a large cushion to get them by if they lost their job but the economy is so bad in their neighborhood that they cannot find a job beyond all reasonable time. I happen to live by a ghosttown of the early 20th century. The economy to support the people in that area vanished. The houses stand vacant shaby and forlorn. That's life.
Losing is a part of life. Many thousands of '49ers sold their farms and went west to find a better life and ended up destitute.
No one is for the Fed around here and would like to see it dismantled because it is a government granted secret monopy that has far to much control over the economy.The banking system and the monetary policy sucks in the country and needs to be revised to a total free market system. There are a lot of other industries that suck like healhcare to name one that is F***ed up because of government interference. Not all banks are crooked and no matter even if the economy was totally free there still would be people that lose the shirts off their backs. That's life. Compassionate socialists have always seen this and believe they can even the system out so nobody totally loses their shirt off their back but in the end it just makes more people lose their shirts and everyones loses their freedom. Banks provide a service many people want. The ability to provide money to people for big ticket items like houses so that people don't have to wait until they are in their middle 50's to get a house by saving money.

If you buy a car from a dealer and have payments on it and decide to sell it because the price of gas went up. Your neighbor agrees to buy the car for $10,000 by paying $500 down and $200 a month until paid off. Two months after buying it he quits paying for it. You go to him and ask why he quit paying.
"cause it only blue books for $7000 now and you didn't tell me this chevy suburban doesn't get 25 MPG. I will pay you $5000 for it at fifty dollars a month."
Even if you wanted to lower the price you can't because you need the $200 a month to pay off the original loan and it would push you to the point that you couldn't any longer make the payments to your house. "Sorry I can't do that, I need the $200 dollars a month so I will just take the car back."
He smirks at you and says. "Sure, but you might want to call a tow truck 'cause it ain't going anywhere on it's own. I sold the engin, tranny and the wheels"
"You what??"
"Sorry buddy it was my car and I can do with it as I please sucker"
Now who is at fault here. You, because you shouldn't have bought the gas guzzler in the first place or sold it to the guy. How about the neighbor?

 

[amy31416]

I wouldn't have a problem with stripping a house going to tax sale no. You can bulldoze a house down if you want to, as long as you don't have insurance on it.

I thought you were just disagreeing that the property was going to tax sale. Sorry, not reading very carefully.

The ultimate point I'm getting at is that owning land in this country is an illusion unless you're the Federal Government or you have an allodial title. Even with an allodial title, your property can still be taken away, by the government, an occupying force, etc.

In regards to the bankers taking away a house, I would absolutely strip any improvement that I'd made and would have no ethical problem doing so. In regards to the city taking the property because of taxes, I'd sell every last item on the land, including the topsoil and have no problem with it. And they'd still be robbing me.

 

[PrairieQueen]

We will never get anywhere as a movement with this thinking. "Don't like it, don't buy it?" What kind of defeatest BS is that? Do you believe in private property or do you not? If you do, then fight. Don't say, oh well, that's the rules. The rules are RIGGED. The State will always institutionalize it's theft and criminality. Always. You don't go along with it, you damn well fight it.

This is why I hate Woodrow Wilson so damn much. If it wasn't for Lincoln he would be numero uno on my hate list.

Secondly, property taxes can be enacted or redacted, increased or decreased, at any time and you have no control whatsoever. Sure, you may have the illusion of control by petitioning your representatives, but they can do whatever they want. They could say, fuck you all, and increase property taxes 500%. It's legal. Would you still say, well, it's your fault for wanting to buy property? SOMEONE has to own the property or else you couldn't rent. Follow the logical conclusion from what you are saying. The State necessarily owns 100% of the land in this country. That means you have no rights. NO I WON'T STAND FOR, AGREE WITH IT, OR ALLOW IT. I WILL FIGHT IT, and you should too, so should everyone else...

I don't know why it's so hard for people to fight for their self-interests and rights....this is the only upside to this crisis. We must outfight Rahmbo.

Again, I didn't say I agree with it. It is still the risk you take AT THIS POINT IN TIME, when you buy property. Is it not?

I didn't say I wouldn't fight to change it.

 

[amy31416]

Louisiana and Alabama have the lowest property taxes, Massachusetts and NEW HAMPSHIRE have the highest!

http://efinancedirectory.com/articles/States_with_the_Highest_and_Lowest_Property_Taxes.html

Come on free-staters! What's the deal? I expected to find that NH property taxes would be low. I must admit that I'm impressed with just how low Louisiana's taxes are--impressive.

 

[newbitech]

Every economy has winners and losers. We don't live in a level playing field though. If you are born in this country, where the printing presses reign supreme, and still find yourself to be an economic loser, then their is no system that will ever come into play that will make you an economic winner.

What I'm saying is if you found a way to not succeed under these unfair rules designed to benefit Americans at the expense of the rest of the world, then you will never succeed.

So maybe being a victim is the height of your ability?

Either way, I'm pretty much done with you and your bullshit class warfare rhetoric.

LOL at unfair rules designed to benefit American's at the expense of the rest of the world. I don't think you really understand what is going on. You think that the fraudsters are nationally aligned? Wrong. You think that American's are getting the benefit of the fraud as a whole? Wrong. You think that this is NOT class warfare directed at people or businesses with a revenue stream of less than a billion dollars a year? Wrong.

Your conclusions only make sense in a fake economy based on fraud. The system as a whole is unfair because people who are capable of making sound and profitable financial decisions are NOT able to do so because of the fraud.

If you can't succeed in my system that was designed to make sure you fail, then you can't succeed in a fair an unbiased system.. Rigghhtttttt....

 

[s35wf]

Since no loan was ever given to anyone in this country for a mortgage, it's perfectly legit. There are no loans, people. The banks simply turn in the notes to the Federal Reserve to have new money created. They risk nothing and lose nothing if someone doesn't pay them.

Thank You too!

Ya know if I had Known HOW $$$ was created earlier than in the last 2 years I would have Never even paid to go to school to get a mortgage brokers license (which btw I Have but Never practiced due to downturn in RE market & now NO business in FL).

 

[Truth-Bringer]

Louisiana and Alabama have the lowest property taxes, Massachusetts and NEW HAMPSHIRE have the highest!

http://efinancedirectory.com/articles/States_with_the_Highest_and_Lowest_Property_Taxes.html

Come on free-staters! What's the deal? I expected to find that NH property taxes would be low. I must admit that I'm impressed with just how low Louisiana's taxes are--impressive.

Want to avoid property taxes - then change the capital "C" in County to a lower case "c". "county" is the county at large. The capitalization is a legal fraud. Keith Livingway says he hasn't paid property taxes in years simply by doing this. You can listen to his conference call here. It's the January 22, 2009 call - his name is on the description.

 

[Truth-Bringer]

If the bank commited fraud in that they added clauses to the contract after the home buyer read it and signed, then tearing the house up is fair play.

The contract was a fraud to begin with. For the details listen to the June 25, 2009 conference call here.

 

[ARealConservative]

LOL at unfair rules designed to benefit American's at the expense of the rest of the world. I don't think you really understand what is going on. You think that the fraudsters are nationally aligned? Wrong. You think that American's are getting the benefit of the fraud as a whole? Wrong. You think that this is NOT class warfare directed at people or businesses with a revenue stream of less than a billion dollars a year? Wrong.

Your conclusions only make sense in a fake economy based on fraud. The system as a whole is unfair because people who are capable of making sound and profitable financial decisions are NOT able to do so because of the fraud.

If you can't succeed in my system that was designed to make sure you fail, then you can't succeed in a fair an unbiased system.. Rigghhtttttt....

It is clear you have no clue what is going on.

It doesn’t matter if the fraudsters are nationally aligned. Living in this country means you are able to directly benefiting from the global fraud being perpetuated. You live in an economy on steroids and as such, the earning capacity in this country has been over bloated for quite some time.

 

[cheapseats]

Those who are unemployed and handy and flush, which rather begs the question of foreclosure, might consider swapping out fixtures and such if Home Depot Basic is substantially cheaper than whatever of whatever is installed.

 

[Austrian Econ Disciple]

Louisiana and Alabama have the lowest property taxes, Massachusetts and NEW HAMPSHIRE have the highest!

http://efinancedirectory.com/articles/States_with_the_Highest_and_Lowest_Property_Taxes.html

Come on free-staters! What's the deal? I expected to find that NH property taxes would be low. I must admit that I'm impressed with just how low Louisiana's taxes are--impressive.

This is sad , to their credit however, NH has no income tax or sales tax. Personally, I think all taxation on property should be criminal, and as such with income. Sales tax, is fine.

Free-Staters, come on. Repel property taxation! If you need revenue then get it from speeding and parking violations, parking meters, State Fairs, etc.

 

[cheapseats]

They just want to gobble us up, bones and all.

There really IS an upper-class course in Feudal Economics, pertinent to a well-rounded, big-picture degree in Economics.

THIS IS WAR YOU FOOLS.​

Exactly so.
l
l
l

STAND UP AND FIGHT
or, ROW YA BASTARDS​

l
l
l

 

[newbitech]

It is clear you have no clue what is going on.

It doesn’t matter if the fraudsters are nationally aligned. Living in this country means you are able to directly benefiting from the global fraud being perpetuated. You live in an economy on steroids and as such, the earning capacity in this country has been over bloated for quite some time.

Ok Mr. if you can't win a rigged game where you are the only one required to follow the rules then you can't win a game that everyone must follow the rules.
I guess I don't know how to lie cheat and steal my way to riches in this rigged economy. I guess I deserve to be on the street SINCE I believe everyone would follow the rules. Hello, yeah ARealConservative, common sense is calling and looking for the change.

Yes it absolutely matters that the fraudsters are not nationally aligned. You are trying to get me to believe that the fraudsters cared about which countries they were planning on fucking over? No.

Listen to yourself. Living in this country means that I am able to directly benefit from the global fraud? Wow.. Did you really mean to say that? How IN YOUR MIND is that any different from me directly benefiting from the fraud by stripping my house and selling it off the pieces? Yeah, I could have also directly benefited from the fraud by taking out a second mortgage cash and walking away, never intending to pay it off in the first place. Where is your angst for that little ditty?

You think income is the only thing that was bloated? News flash, asset prices and fake valuations have outstripped income in this country since the 1960's. Just look at the pace of inflation vs the pace of wage increases. That spread has been widening for a long time now. Where did you get your economics degree?

 

[ARealConservative]

Ok Mr. if you can't win a rigged game where you are the only one required to follow the rules then you can't win a game that everyone must follow the rules.
I guess I don't know how to lie cheat and steal my way to riches in this rigged economy. I guess I deserve to be on the street SINCE I believe everyone would follow the rules. Hello, yeah ARealConservative, common sense is calling and looking for the change.

Yes it absolutely matters that the fraudsters are not nationally aligned. You are trying to get me to believe that the fraudsters cared about which countries they were planning on fucking over? No.

Listen to yourself. Living in this country means that I am able to directly benefit from the global fraud? Wow.. Did you really mean to say that? How IN YOUR MIND is that any different from me directly benefiting from the fraud by stripping my house and selling it off the pieces? Yeah, I could have also directly benefited from the fraud by taking out a second mortgage cash and walking away, never intending to pay it off in the first place. Where is your angst for that little ditty?

You think income is the only thing that was bloated? News flash, asset prices and fake valuations have outstripped income in this country since the 1960's. Just look at the pace of inflation vs the pace of wage increases. That spread has been widening for a long time now. Where did you get your economics degree?

The fraudsters need and require American’s to not upset the apple cart, so in reality, they are nationally aligned.

I don’t know precisely what caused your demise. It sounds like you were benefiting for a while, and now are not, which is the real problem you have.

 

[Truth-Bringer]

Just found this. WOW!!!!!!!!!!!!!!

Landmark Decision: Massive Relief for Homeowners and Trouble for the Banks

A landmark ruling in a recent Kansas Supreme Court case may have given millions of distressed homeowners the legal wedge they need to avoid foreclosure. In Landmark National Bank v. Kesler, 2009 Kan. LEXIS 834, the Kansas Supreme Court held that a nominee company called MERS has no right or standing to bring an action for foreclosure. MERS is an acronym for Mortgage Electronic Registration Systems, a private company that registers mortgages electronically and tracks changes in ownership. The significance of the holding is that if MERS has no standing to foreclose, then nobody has standing to foreclose – on 60 million mortgages. That is the number of American mortgages currently reported to be held by MERS. Over half of all new U.S. residential mortgage loans are registered with MERS and recorded in its name. Holdings of the Kansas Supreme Court are not binding on the rest of the country, but they are dicta of which other courts take note; and the reasoning behind the decision is sound.

Eliminating the “Straw Man” Shielding Lenders and Investors from Liability

The development of “electronic” mortgages managed by MERS went hand in hand with the “securitization” of mortgage loans – chopping them into pieces and selling them off to investors. In the heyday of mortgage securitizations, before investors got wise to their risks, lenders would slice up loans, bundle them into “financial products” called “collateralized debt obligations” (CDOs), ostensibly insure them against default by wrapping them in derivatives called “credit default swaps,” and sell them to pension funds, municipal funds, foreign investment funds, and so forth. There were many secured parties, and the pieces kept changing hands; but MERS supposedly kept track of all these changes electronically. MERS would register and record mortgage loans in its name, and it would bring foreclosure actions in its name. MERS not only facilitated the rapid turnover of mortgages and mortgage-backed securities, but it has served as a sort of “corporate shield” that protects investors from claims by borrowers concerning predatory lending practices. California attorney Timothy McCandless describes the problem like this:

Rest of Article Here

 

[cheapseats]

Well it is clear to me that the people that lost their houses have learned a very valuable lesson. Never never go into debt as you sell your tomorrows

The POINT would be that Unethical Lenders, Unethical Real Estate Sleazes, Unethical Mortgage Brokers, Unethical Traders, Unethical Risk Assessors, Unethical Executives, Unethical Politicians, Unethical Lawyers and Unethical Accountants haven't learned a goddamn thing other than that BIGGER IS BETTER, RISKIER IS BETTER THAN THAT AND BONUES, WELL, THEY'RE THE BEST.

There has been more than one WSJ front-pager about how Wall Street is still doin' its thing. The most notable change is different "Exotic Investments."

MindOfMo Merrill Lynch's disgraced former CEO Stanley O'Neal better belongs in prison than on Board of Directors of ALCOA, Inc. http://is.gd/42SvY
about 2 hours ago from web

 

[tmosley]

Louisiana and Alabama have the lowest property taxes, Massachusetts and NEW HAMPSHIRE have the highest!

http://efinancedirectory.com/articles/States_with_the_Highest_and_Lowest_Property_Taxes.html

Come on free-staters! What's the deal? I expected to find that NH property taxes would be low. I must admit that I'm impressed with just how low Louisiana's taxes are--impressive.

Texas has no state property tax.

If a large group of free staters were to come and take over some specific county in Texas, there could arise a situation where anyone living in that county would REALLY OWN their land, with no property taxes due.

I myself only owe less than $200/year, as I live outside of the city limits. It's NICE.