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

[newbitech]

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?

stop. the fraud occurs whether they violate the terms of the invalid contract or not. let me be as clear and succinct as possible.

The entire mortgage industry participated in lying about the valuations of homes. When the lender told me that my home was worth $200k, they lied. When the lender agreed to make a loan to me based on the value of my home being $200k, they made the agreement KNOWING that the valuation was a lie.

Did I know better? Of course I knew better. That is why I refused to take more than what I thought my home could sell for on the market. I took a loan for much less than that value. Now, how to prove they lied? That is easy. I put my home up for $200k. Will it sell? Not a chance. I put my home up for $120k. Will it sell, maybe given time to find a buyer. Have I found a buyer in 90 days? Nope. Did I lie about the value of my home KNOWING that the valuation was a lie? No, I am not in the business of valuing homes. I paid the bank to take care of that for me. I took what I thought it was worth in the loan and what I thought I could pay back given the worst case scenario.

Now that the worst case scenario has arrived, the bank wants me to sell now for LESS THAN HALF of what they originally said the home was worth when they agreed to the loan only 3 YEARS AGO!! They knew the valuation was a LIE at the time they made the loan. And now that the income stream is in jeopardy, they are ready to admit that lie ONLY if I agree to not hold them accountable for their LIE. In other words, they want ME to agree to the terms of the Loan and ignore the fact that their offer was Fraudulent. In fact, they want me to AGAIN sign a piece of paper that lets them off the hook for their fraud, thus completing the transaction to their original intent, that is PROFITING FROM ME LOOSING my house. I never agreed to that. EVER, yet that is what they would love to convince me to do.

 

[tmosley]

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?

No-one here is saying they should keep the house. Most are saying that they have the right to do what they want to while they own the deed. I, and the courts, agree with that opinion, for what it's worth.

Further, the government has declared contract law in this country null and void, so it's pretty much come down to you can do whatever the government says you can do.

Finally, if the bank encouraged you to lie on any portion of the application, then the contract was fraudulent to start out with, and should be considered null and void. If you want to try to take advantage of that, more power to you. It will provide the positive incentive of banks not encouraging people to lie about their incomes to get loans the bank knew they couldn't afford.

The arguments against "burning" the banks in this thread should be applied to con-men as well. They often manipulate their victims into doing something unsavory so that they won't prosecute them. As Rand wrote: "You can't rule innocent men." This is that principle in action.

 

[cheapseats]

For the third time in this thread and at least the 300th time online, I am ALL for everyone sucking up their own consequences. That's how we LEARN.

I am addressing BLATANT, RAMPANT, PROFITABLE CRIME BEING COMMITTED WITH IMPUNITY. In the same way that we went through the S&L Fiasco before THIS Clusterfuck, if we will not bring the full force of the nation's prosecutorial powers to bear on those who KNOWINGLY AND SYSTEMATICALLY ENGAGED IN FRAUD, then we can anticipate ANOTHER of these debacles. Just in time to wipe out the IRA's of those who think they are up-and-comers.

Human Nature is Human Nature. And Avarice is Avarice.

l

SOME OF YOU ARE A-OKAY WITH SHENANIGANS, BULLSHIT & WORSE
SO LONG AS SOMEONE MAKES A PROFIT & YOU DON’T GET SCREWED
You imagine it brightens your prospects. ​

l

 

[stilltrying]

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.

BING BING BING we have a winner!!!

 

[cheapseats]

One final thing on this thread.

Tax is theft, yada yada, so stipulated. HOWEVER, comma, using REALITY as a basis from which to operate AND THINK, the position of many of you extrapolates thusly:

The votes you cast and particularly the taxes you pay validate the Social Contract by which you are systematically screwed. In other words, you are getting what you "deserve" with and have "no one but yourselves to blame" for the squandering of your and your children's prosperity and security via such lollapaloozas as The Patriot Act and the Bailout Bonanza.

 

[stilltrying]

For the third time in this thread and at least the 300th time online, I am ALL for everyone sucking up their own consequences. That's how we LEARN.

I am addressing BLATANT, RAMPANT, PROFITABLE CRIME BEING COMMITTED WITH IMPUNITY. In the same way that we went through the S&L Fiasco before THIS Clusterfuck, if we will not bring the full force of the nation's prosecutorial powers to bear on those who KNOWINGLY AND SYSTEMATICALLY ENGAGED IN FRAUD, then we can anticipate ANOTHER of these debacles. Just in time to wipe out the IRA's of those who think they are up-and-comers.

Human Nature is Human Nature. And Avarice is Avarice.

l

SOME OF YOU ARE A-OKAY WITH SHENANIGANS, BULLSHIT & WORSE
SO LONG AS SOMEONE MAKES A PROFIT & YOU DON’T GET SCREWED
You imagine it brightens your prospects. ​

l

Exactly, with the IRAs, SS and every other scam out there. I am sure that many on here who follow the contract wont be complaining about their situation (/sarcasm) when their turn arrives. They just played the game and got burnt, poor silly me I lost 90% of my net worth, its my fault I bought 500k of stocks in a rigged stock market or put XXX into my IRA and now the government is going to make me turn that in. All money making schemes are gambling and soon enough everyone will have been burnt by it in one way shape or form, even those who dont participate in gambling will feel it.

 

[Kbeaubs]

This whole thread is ridiculous.

YOU sign a contract and when YOU break the contract YOU scream bloody murder that the other party is unethical scum?

 

[micahnelson]

This whole thread is ridiculous.

YOU sign a contract and when YOU break the contract YOU scream bloody murder that the other party is unethical scum?

Yes.

Its a war. They took 700B from you. They decided to break the rules, so they pay the price for going outside the realms and boundaries of ethical behavior.

 

[klamath]

For those that say this is "WAR" to quote them. Do you know what war is? Have you watched tracers streak by you? Have you felt the concusion of morter rounds or rocket warheads to the marrow of your bones? Have you wittnessed the real abject poverty of of a war torn land first hand? Have you picked up the pieces of you comrades or seen the death on the otherside?

If not SHUT THE F**K UP ABOUT WAR. YOU HAVE NO CLUE WHAT WAR IS!

 

[phill4paul]

Merriam-Webster
Main Entry: 1war
Pronunciation: \ˈwȯr\
Function: noun


1 a (1) : a state of usually open and declared armed hostile conflict between states or nations (2) : a period of such armed conflict (3) : state of war b : the art or science of warfare c (1) obsolete : weapons and equipment for war (2) archaic : soldiers armed and equipped for war
2 a : a state of hostility, conflict, or antagonism b : a struggle or competition between opposing forces or for a particular end <a class war> <a war against disease> c : variance, odds 3

Wars are fought on many levels. The physical is usually the final outcome.

 

[klamath]

Merriam-Webster
Main Entry: 1war
Pronunciation: \ˈwȯr\
Function: noun


1 a (1) : a state of usually open and declared armed hostile conflict between states or nations (2) : a period of such armed conflict (3) : state of war b : the art or science of warfare c (1) obsolete : weapons and equipment for war (2) archaic : soldiers armed and equipped for war
2 a : a state of hostility, conflict, or antagonism b : a struggle or competition between opposing forces or for a particular end <a class war> <a war against disease> c : variance, odds 3

Wars are fought on many levels. The physical is usually the final outcome.

All life is war. All life is not WAR

 

[tmosley]

For those that say this is "WAR" to quote them. Do you know what war is? Have you watched tracers streak by you? Have you felt the concusion of morter rounds or rocket warheads to the marrow of your bones? Have you wittnessed the real abject poverty of of a war torn land first hand? Have you picked up the pieces of you comrades or seen the death on the otherside?

If not SHUT THE F**K UP ABOUT WAR. YOU HAVE NO CLUE WHAT WAR IS!

Apparently, you have no idea what war is. My guess is that the closest you've been to war is participating in state sponsored terrorism of some 3rd world hellhole.

Where do you think the US is headed? When we get there, who do you think should have the money? The people who caused this crises are the default. This is a war for the future. If the elitists have the money in the end, we will be the ones to suffer. If freedom minded people have the money, then we can start to rebuild.

You can either sit back and let serfdom come voluntarily, or you can fight it.

This is a war. We didn't start it, but we have the power to finish it. Pray that we can do so without spilling blood.

 

[phill4paul]

All life is war. All life is not WAR

I am sorry you are having a bad day.

 

[klamath]

Apparently, you have no idea what war is. My guess is that the closest you've been to war is participating in state sponsored terrorism of some 3rd world hellhole.

Where do you think the US is headed? When we get there, who do you think should have the money? The people who caused this crises are the default. This is a war for the future. If the elitists have the money in the end, we will be the ones to suffer. If freedom minded people have the money, then we can start to rebuild.

You can either sit back and let serfdom come voluntarily, or you can fight it.

This is a war. We didn't start it, but we have the power to finish it. Pray that we can do so without spilling blood.

I am praying that hotheads like you don't start a real war in this country. If you think things are bad now you are clueless. If you think people are hurting now and the innocent are being harmed you are clueless as to what it will be like after starting a real war is.

Why don't some of you go back and see how many times some of you screamed WAR in this thread that has nothing to do with real war.

 

[AdamT]

Well, it's not your house till it's paid for. The house belongs to the bank till then.

And then it belongs to the state when you miss a property tax payment. You truly never own it no matter what.

 

[cheapseats]

Why don't some of you go back and see how many times some of you screamed WAR in this thread that has nothing to do with real war.

Here's a heads up for ya. THIS war has EVERYTHING to do with the war the Carnage Quotient of which you think is somehow superior to other Carnage Quotients.

There's a lotta lotta real estate between SIGNING UP TO FIGHT IN ANOTHER COUNTRY, and waking up to realize that you are IN fight with your OWN country.

 

[klamath]

Here's a heads up for ya. THIS war has EVERYTHING to do with the war the Carnage Quotient of which you think is somehow superior to other Carnage Quotients.

There's a lotta lotta real estate between SIGNING UP TO FIGHT IN ANOTHER COUNTRY, and waking up to realize that you are IN fight with your OWN country.

Get real.

 

[phill4paul]

And then it belongs to the state when you miss a property tax payment. You truly never own it no matter what.

^^^. Now ask yourself if you live in a "free" country.

 

[cheapseats]

Get real.

"Beware of the Elitist Utopians. Those that believe they are better than the average joe . . ."

Your Dad

 

[tmosley]

I am praying that hotheads like you don't start a real war in this country. If you think things are bad now you are clueless. If you think people are hurting now and the innocent are being harmed you are clueless as to what it will be like after starting a real war is.

Why don't some of you go back and see how many times some of you screamed WAR in this thread that has nothing to do with real war.

I never said to escalate it, but only to meet violence with violence. In this case, violence is economic, so economic violence in retribution is justified. If the government starts a shooting war with it's people, that will be on them, not on anyone who tore up a house going into foreclosure.

Fear is no reason to kneel before tyranny.