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

[cheapseats]

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'm game. Anyone else?

I thought I could make a concession to COLD but it SNOWED here in Tahoe last weekend, and I am revisiting my flexibility.

 

[tmosley]

I would suggest one of the counties adjacent to Lubbock county, as they have low populations, quick access to a (fairly) large airport, a nearby medium sized city with a university, and access to water from the aquifer. Not to mention that the people around here are more liberty minded already than most areas controlled by republicans. Many will come to liberty easily.

 

[cheapseats]

I'm an atheist and have never insinuated otherwise

Are you suggesting that Atheism absolves people of Honesty, Integrity, Honor, Courage and other such sentimental but unprofitable principles?

Do you have a point anywhere, or is it all just ad hominem's and asshattery?

ME, with ad hominem, when you HEARTLESSLY lump the VICTIMS OF PERPETRATORS -- people of LESSER intellect and education who were PROACTIVELY AND SUSTAINEDLY LURED (No Money Down! The American Dream!) by ill-intentioned people of SUPERIOR intellect, education and skillz -- in with the Slick Who Got Sucker Punched By Shysters, and condemn them equally, wholesale? Like there is no difference whatever?

What goes around comes around, irrespective of Faith. Karma.

 

[Meatwasp]

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

gee blame everyone except the non thinking people who decided to get in debt.
Didn't your mommie tell you to pay in cash only or go without!!!

 

[cheapseats]

gee blame everyone except the non thinking people who decided to get in debt.
Didn't your mommie tell you to pay in cash only or go without!!!

Another Pay-Cash-For-Your-House, Pie-In-The-Sky, Theory-Heavy, lower-case libertarian?

 

[ARealConservative]

Are you suggesting that Atheism absolves people of Honesty, Integrity, Honor, Courage and other such sentimental but unprofitable principles?






ME, with ad hominem, when you HEARTLESSLY lump the VICTIMS OF PERPETRATORS -- people of LESSER intellect and education who were PROACTIVELY AND SUSTAINEDLY LURED (No Money Down! The American Dream!) by ill-intentioned people of SUPERIOR intellect, education and skillz -- in with the Slick Who Got Sucker Punched By Shysters, and condemn them equally, wholesale? Like there is no difference whatever?

What goes around comes around, irrespective of Faith. Karma.

I’m suggesting that my religious philosophy has no bearing on a discussion of personal responsibility.

If I were to follow through with your class war fare nonsense, I would have to come to the conclusion that we need a big government to protect stupid people from intelligent people that intend on exploiting them under the guise of capitalism.

 

[cheapseats]

I have zero debt, incidentally, and neither lost nor am in danger of losing a house owing to an ARM loan.

 

[Austrian Econ Disciple]

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

Do you not understand the problem isn't the banking institutions itself, or CEO's of companies. Who feeds these institutions? The FED in cohorts with the Government.

Do you honestly believe these people would take these risks, if their risks weren't insured and the money received wasn't freely printed? We can't blame them. No one is perfect and it's silly to believe in such things. When you have incentives to maximize all profitability with zero risk, then what will be the outcome? Moral hazard rues the day again.

If there was no taxation, no fed, and no injection into the economy by the State, do you honestly believe any of this would have happened?

 

[cheapseats]

If I were to follow through with your class war fare nonsense, I would have to come to the conclusion that we need a big government to protect stupid people from intelligent people that intend on exploiting them under the guise of capitalism.

Only because you are of the breed of libertarian who will NEVER admit of being wrong.

We are enforcing our laws only on the Worker Bee end of the totem pole, NOT on the White Collar Crime end of the totem pole. This is attributable to Cowardice, Complicity, So-Long-As-I-Don't-Get-Hurt HEARTLESSNESS and/or AMBITION.

 

[cheapseats]

I’m suggesting that my religious philosophy has no bearing on a discussion of personal responsibility.

Au contraire.

 

[Meatwasp]

Another Pay-Cash-For-Your-House, Pie-In-The-Sky, Theory-Heavy, lower-case libertarian?

Cheapseats you are so full of it I hope you never fall in my river as you would stain it for 10 miles. Heh>

 

[newbitech]

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.

Are they nationally aligned with the Mid East because they require the Arabs to not upset the Oil/Dollar Trade? Are they nationally aligned with the Chinese because they require the Chinese to not upset the purchase and financing of US debt? Do you expect me to believe that once the fraudsters move on to their next fraud, most likely a one world fiat currency, that they are going STILL require American's to not upset the apple cart? The fraudsters rigged the ENTIRE game, not just the American parts. Come on now. I don't want a hostile argument with you. I am not interested in taking personal digs, or coming off as a smarmy smart ass. I want to talk about the circumstances, the issues.

The title of this thread characterized stripping as a form of revenge and asked if its ok to strip a house in revenge against the bank. I think the motive of revenge is most likely taking a back seat to other motives, if it is even the motive at all.

My demise? There is no demise, only hardship. Want to know what caused my demise? Precisely the fraudulent system caused it. The rigged game caused it. The fraud in the mortgage system caused it.

We don't know the terms of the woman's mortgage contract in this video. We don't know the terms of this woman's insurance agreement. There is a lot we don't know. What we do know is that she is upset and selling off pieces of her property. Is it revenge? Is it greed? Probably. I don't dispute that. What I do know however is that this woman participated in a fraudulent mortgage deal most likely without the knowledge that her contract was based on fraud and illegal activities by the "lender".

She tried to articulate that, but because she still hasn't gotten her head wrapped around the scope of the problem, she is throwing out ignorant statements like, the bank should have never lent to me in the first place. This statement is ignorant because clearly she should have never participated in the deal. But you know what? Just because she made an ignorant statement, and participated in an deal ignoring the fraud (for whatever reasons like greed etc..) doesn't make her statement wrong.

No you do not know the circumstances, so that is why stereotyping me and making assumptions about what my motivations are which is why it is just silly for you to try and tell me what my problem is. Face it, you just don't know.

 

[Austrian Econ Disciple]

Only because you are of the breed of libertarian who will NEVER admit of being wrong.

We are enforcing our laws only on the Worker Bee end of the totem pole, NOT on the White Collar Crime end of the totem pole. This is attributable to Cowardice, Complicity, So-Long-As-I-Don't-Get-Hurt HEARTLESSNESS and/or AMBITION.

We are of a breed of libertarian that is principled. It is no one else's fault if people signed a contract they couldn't afford. Period. Seriously, you sound no different than the marxist-socialists that run around a hour north of where I live in Madison, WI.

The poor people. Think of the poor people! It's the evil capitalists! It's not the institutions that are the problem, nor is it the CEO's of corporations/companies, etc. It is the FED, Taxation, and the State that is the root problem.

In a voluntary agreement, both parties should hold and are legally bound to uphold both sides of the agreement. I repeat; IT IS NO ONE ELSE'S FAULT, IN A VOLUNTARY TRANSACTION OTHER THAN THE PERSON WHO AGREED TO THE SPECIFIED VALUES.

What is so hard to comprehend here? So, people signed ARM's they couldn't afford. Why are you blaming the banks for even arranging this in the first place? Did the banks hold the signee at gun-point and force them to sign it?

 

[squarepusher]

just curious, so I can go out tomorrow and get a really nice house, then declare my bank criminals and contract void, then like keep the house?

 

[cheapseats]

We are of a breed of libertarian that is principled.

Principled as in, running as Republicans as the "only way to win"?

Peek-A-Boo Principles, from where I sit. Hey! They relaxed guns-in-parks regulations, attached to a credit card bill! RIGHT ON! WE'LL TAKE OURS HOWEVER WE CAN GET IT!

You are a breed that is more LIBERTINE than Libertarian.

 

[cheapseats]

The right function of a Free Market is predicated and dependent upon an absence of Philanthropists AND an absence of Thieves. Check with your professors.

It would be enlightening to know the head count of Under-30's on this Board.

Yeah, that's right. Age Discrimination.

Live and learn.

 

[GunnyFreedom]

While I certainly agree with you in principle, remember that the world is not black and white. This is one of the reasons (valid, IMHO) why the liberal/progressive camp thinks conservatives are nuts. The argument that "When individuals do it, it's called fraud, but when banks do it, it's business."

The best con-men can get you to sign your whole life away on a deception, and as often as not huge corporations can afford the best con-men on the planet.

That's not to say the people who signed into this bear no responsibility. A member of my family got an ARM knowingly, with en eye towards re-mortgaging as soon as they started to climb. They did, and it has worked out great. The thinking was, "my credit needs to be better within 8 years" and it was.

Too many went into this like the woman I saw cheering the Obama victory "Iiii don't gotta pay my mortgage no more!!!" she was literally singing and dancing at a well-populated Obama vicory party. They made a stupid decision that led to a stupid contract, that should NATURALLY lead to the collapse of that person (rather than a collapse of society as a whole).

But take very serious care not to fall into the mindset that when the money-masters commit fraud, it's just a matter of business. And you can't TELL me that there was no fraud over the last decade in housing.

To me the line is maybe more difficult to discern, but certainly present. If you screwed up, then "stripping" is inexcusably and desperately immoral, but if you were legitimately defrauded, then "stripping" would be justice, no?

But you say, that's not their determination alone to make, that's what we have the courts for. You are right, but would you honestly trust the courts right now?

 

[Austrian Econ Disciple]

Principled as in, running as Republicans as the "only way to win"?

Peek-A-Boo Principles, from where I sit. Hey! They relaxed guns-in-parks regulations, attached to a credit card bill! RIGHT ON! WE'LL TAKE OURS HOWEVER WE CAN GET IT!

You are a breed that is more LIBERTINE than Libertarian.

What? It doesn't matter what is behind your name R or D or L. What matters is the way you vote. Dr. Paul is as libertarian as any. If you actually watch a lot of his video's he is like me pretty much 90-95% An-Cap.

What makes you think any principled libertarian would vote for a bill that decreases liberty? Have you even seen any of Dr. Paul's votes? Howard Buffet's votes?

You can keep shaking your fist at the evil banking institutions. I'll keep trying to abolish all taxation, the FED, and 98% of the State. I'll also continuosly and eternally fight for the basis of Capitalism; voluntary contracts without coercion.

 

[Austrian Econ Disciple]

The right function of a Free Market is predicated and dependent upon an absence of Philanthropists AND an absence of Thieves. Check with your professors.

It would be enlightening to know the head count of Under-30's on this Board.

Yeah, that's right. Age Discrimination.

Live and learn.

I don't blame my stupidity on other people. It seems like you do. You have yet to tell me what fraud the banks commited in a voluntary contract. Could you enlighten me? What parts of the contract did they violate? If they didn't violate any stipulations of the contract, and you can't afford the mortgage specified as broadly, or acutely within the realm of the contract, then why is it anyone else's fault, but the person who signed VOLUNTARILY the contract?

 

[ARealConservative]

Are they nationally aligned with the Mid East because they require the Arabs to not upset the Oil/Dollar Trade? Are they nationally aligned with the Chinese because they require the Chinese to not upset the purchase and financing of US debt? Do you expect me to believe that once the fraudsters move on to their next fraud, most likely a one world fiat currency, that they are going STILL require American's to not upset the apple cart? The fraudsters rigged the ENTIRE game, not just the American parts. Come on now. I don't want a hostile argument with you. I am not interested in taking personal digs, or coming off as a smarmy smart ass. I want to talk about the circumstances, the issues.

Yes, they are aligned with the Saudi Family, and with the Chinese leaders. They are not aligned with the common person in the middle east, or the common person in China because they don’t currently need their approval like they need ours. So long as they require our approval, we benefit from the system in place.