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

[klamath]

give them a road map.

And they don't wish to leave their homes?

 

[tmosley]

No state has a majority of the people that want to leave the union and even if there was, there still would be a large minority within that state that wanted to stay with the union. What do you do with those people?

They can keep paying taxes if they want. They just won't get any services. That's all that one gets from being a "citizen" anyways. If they want services in exchange for their taxes, they are welcome to move.

 

[klamath]

They can keep paying taxes if they want. They just won't get any services. That's all that one gets from being a "citizen" anyways. If they want services in exchange for their taxes, they are welcome to move.

Secession has proved to cause bloodly armed conflict. There would be no such thing as a peaceful "you can just keep paying taxes" . Armies would be moving across the land and many people would find out what the term colateral damage means.

 

[torchbearer]

And they don't wish to leave their homes?

then they themselves can secede from the state.
the idea behind a republic of republics is that ultimately you can vote with your feet, and live where you want to live. find the government right for you.
a free market of competing governments.

give them a road map to anywhere they want to go.

 

[tmosley]

Secession has proved to cause bloodly armed conflict. There would be no such thing as a peaceful "you can just keep paying taxes" . Armies would be moving across the land and many people would find out what the term colateral damage means.

You strike down the armies invading your lands. There is no need to kill non-combatants.

No army has ever been able to quell open rebellion among an armed populace. This is why Napoleon was never able to control Spain. That was the closest anyone ever got to subduing an armed populace, and we're a lot more heavily armed than they were.

Edit: Here's a more recent example: why the Nazi's never invaded Switzerland. http://www.lewrockwell.com/orig2/stagnaro5.html

 

[Danke]

The government-bankster partnership mandate that the only legal medium of exchange aka money, is the federal reserve dollar. This they enforce by threat of enslaving you if you do not cooperate. Then the banksters make your savings worthless by inflating the dollar and their wealth with it. In fact they are so busy creating imaginary money that everything you need to buy is way more expensive than it otherwise would be without free credit.

You participate in this fraud by agreeing to commit x number of years of toil in order to pay the bank interest for the imaginary money the government allows them to invent. The banks regularly gamble with this imaginary money. When they win, they win. When they lose, you bail them out.

You people that talk about honoring contracts with the banks and about principles amaze me. You remind me of the good communists where I was born turning in their neighbors for buying and selling food and goods on the "black market" or for "stealing" from the factories they worked at. You think that the guy saying F U to the banks is the problem instead of seeing the reality that the banks are the problem and the guy getting foreclosed on is getting screwed.

Personally I've never done better financially than I have since the recession. My income has surged, I bought a house in May, I don't have much debt and have good reserves, etc... Even though I'm lucky and smart enough to navigate the bad economy, I can see that the average worker is getting royally screwed by this system and whether or not they obey the fraudulent contracts with the banks, they will still be screwed because this is the way the system is designed to work.

I see that we are a long way from when people will wake up and smell the putrid odor of what we now call "liberty" in this country. We live in an economy where we MUST continually and exponentially increase our debt in order to delay colapse. We live in a country where you have to work until noon just to pay the tax man and in 7-10 years our income taxes will barely cover the INTEREST on the federal debt. Wake up people. Even though YOU may be smarter or luckier than the majority and be doing well, just because you're doing ok doesn't mean you shouldn't fight against the tyranny of the bankster-government partnership.

Excellent post!

 

[Grgeiger]

The home I bought was Sort of stripped. The previous owner left all the windows open with no heat.. When winter came.. All the pipes froze. I think that was the Realtor's fault for not checking on things. They had 4 months to close the windows. Also they took the good deck and replaced it with a rotten deck.. Some appliances were missing.

I also read stories about people taking apart the double wide, loading it up on a trailer and taking off with it. All that was left was a cement slab or a basement.

 

[klamath]

You strike down the armies invading your lands. There is no need to kill non-combatants.

No army has ever been able to quell open rebellion among an armed populace. This is why Napoleon was never able to control Spain. That was the closest anyone ever got to subduing an armed populace, and we're a lot more heavily armed than they were.

Edit: Here's a more recent example: why the Nazi's never invaded Switzerland. http://www.lewrockwell.com/orig2/stagnaro5.html

And when the rebel or invader soldier dodges behind a builting and starts sniping off the other side from the cover of the building as always happens in a battle, an airstrike is called in to level the building and with it the family that lives there. What happens when the armed rebel without uniform lobs a granade from the middle of a crowd? I love it when people get this ideas that you can have these clean little wars and only the guilty die.
Now go look up the statistics of how many innocent civilians die in almost all wars.

 

[bobbyw24]

Nice Home. Where’s the Rest of It?

The author of the Craigslist posting in Las Vegas made no effort to disguise his or her intentions.

“Stripping House — Before Foreclosure,” the ad declared, offering potential buyers the cabinets and countertops, the sinks and toilets, the doors, the appliances, the sprinklers. Even the palm and citrus trees in the yard were for sale, with a catch.

“You dig,” the author advised.

In Nevada and other states hit hard by the housing crisis, stripping fixtures and appliances from homes in foreclosure has become commonplace. Craigslist, the Web site for classified ads, functions as a bazaar where stripped items are sold openly. Often, the stripping is not done by strangers. It is done by the owner, just before the bank forecloses on the mortgage and takes the property back.

If that seems like a situation tailor-made for the police, it is — at least in Arizona, where the Federal Bureau of Investigation has used Craigslist to arrest a handful of people for stripping homes and trying to sell the goods, charging them with felonies under a state fraud statute.

In other parts of the country, however, the police are stymied. As it turns out, several troubled states, like Nevada, have no specific criminal prohibition against stripping fixtures from a property before foreclosure. Mortgage contracts do prohibit such behavior, requiring that homes be kept in good order. But violating those provisions is a civil matter, not a criminal offense.

“If the homeowner sells the components to the house while they still own the house, that’s not a crime,” said Officer Bill Cassell, a spokesman for the Las Vegas police.

So too in Florida, another state swamped by foreclosures. Several prosecutors and police agencies there said that unless laws were modified, such behavior would have to be sorted out between borrower and lender in civil court.

Even in Arizona, which has an applicable law and where thousands of homes have been stripped, convictions are rare. There, to make a charge stick, law enforcement basically has to catch people in the act, said Julie Halferty, a special agent with the F.B.I. in Phoenix and head of a mortgage fraud task force.

“This window of time can be quite short,” Ms. Halferty said in an e-mail message. “Once homes are abandoned, arguably any number of people can get access and strip the fixtures.”

Statistics on foreclosure stripping are elusive, and experts disagree on just how widespread the practice is. Yet even those who play down the number acknowledge that the problem is serious, particularly in housing boom-and-bust areas like central Arizona, southwest Florida and the Las Vegas region.

“Clearly it’s happening, and it’s happening with some frequency,” said John A. Courson, president of the Mortgage Bankers Association.

Banks are largely powerless to stop a homeowner determined to strip a property. Lenders can pursue such homeowners in court, but the expense and difficulty typically outweigh the gain.

Though the efforts are scattered and feeble, law enforcement officials are trying in places to stop the practice.

Last April, Randolph Guzman, 42, of Phoenix, was arrested while trying to strip appliances and fixtures from an investment home he owned, shortly before a bank was to hold an auction.

SNIP

Not all legal experts agree that existing law is insufficient, given that homeowners who strip a house are violating their mortgage contracts. General fraud statutes might be stretched to apply. Yet so far, few prosecutors or the police — dealing with budget cutbacks — are making arrests or bringing cases.

The key to reducing the number of homes being stripped, experts suggest, lies not with the law but with lenders.

“If banks focused more on prevention, everybody would be better off, particularly them,” said Kenneth Thomas, a banking consultant in Miami.

Already, some indicators suggest that mortgage servicers are starting to delay the final step in a foreclosure — seizing the home — in part to limit the number of homes being stripped and vandalized.

Yet for some areas, it is too late. In several Phoenix suburbs, the stripping of homes appears to have peaked, but not before taking a heavy toll.

In Maricopa, a distant Phoenix suburb that had rapid growth before the crash, new developments were stripped one after another, often in the order they were built, according to Shawn Schlegel, a real estate broker who publishes a weekly community newspaper.

“The same way they built the city is the same way the city got stripped out,” Mr. Schlegel said. “It’s gone through every neighborhood.”

In Florida, the online trade in stripped goods is brisk, no doubt encouraged by the low profile of thepolice. As in most of the country, sympathy for banks is running low, and opportunism is running high.



He has been refurbishing it on the cheap — by buying fixtures and appliances off Craigslist.

Read Diana Olick's 'Realty Check' Blog
This story originally appeared in the The New York Times
URL: http://www.cnbc.com/id/34577150/

 

[Toureg89]

YEAH!!!, let's stick it to the banks because us "little people" are too fuckin dumb to read the damn contract and figure out if the payments are too burdensome for our incomes. What's an adjustable rate mortgage? Is that the one where the interest rate and payments are fixed each month? Don't blame me, I'm functionally illiterate and bordering on retardation.

+ an epic 1 to that...

 

[tmosley]

And when the rebel or invader soldier dodges behind a builting and starts sniping off the other side from the cover of the building as always happens in a battle, an airstrike is called in to level the building and with it the family that lives there. What happens when the armed rebel without uniform lobs a granade from the middle of a crowd? I love it when people get this ideas that you can have these clean little wars and only the guilty die.
Now go look up the statistics of how many innocent civilians die in almost all wars.

How many planes can this magical military keep in service when half of their population is in open rebellion, and the other half is cowering in their homes and not supplying weapons and ammunition to the military?

We can't stop insurgents in Iraq, what makes you think that we'd be able to do it at home, especially given the likelihood of mass desertion in the face of men having to kill their own countrymen?

You can't kill everyone you disagree with.

 

[andrewh817]

Banks don't screw people, people screw themselves by trusting the banks in the first place. It's not their fault you can't make the payments so why are you making their lives harder? Besides that, banks are getting millions in TARP funds and a lot of that money is going towards repairing foreclosed homes that the tenants stripped. Granted those funds won't last forever but your tax dollars are in fact subsidizing this practice.

 

[Toureg89]

actually watched the vid this time...

lol, can't afford mortgage payments, but can afford an Apple lap top.

can't afford mortgage payments, but can afford decent clothes and jewelry...

i've still have clothes that i've worn for near 6 years...and i'm 20 years old, I'M SUPPOSED TO BE MATERIALISTIC.

i've noticed of late how cheap it is to walk to the local grocery store, and survive on pasta, spaghetti sauce, and non sugar flavoring for water...

 

[bobbyw24]

Evicted man accused of trashing foreclosed house

May 4, 2010 (CHICAGO) -- A suburban Chicago man who was evicted from his foreclosed home has been accused of trashing the place before moving on.

Calvin Townsend is charged with criminal damage to property for the actions he took before being evicted from the Homewood home.

Cook County Sheriff Thomas Dart says deputies on April 26 evicted the 51-year-old Townsend on behalf of Wells Fargo Bank. When a bank representative came by to change the locks, he allegedly found damage estimated at more than $100,000.

http://abclocal.go.com/wls/story?section=news/local&id=7422660