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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 12:23 PM
Original message
News Alert! Lameduck Congress may try to quietly pass a retroactive mortgage fraud immunity bill!
Edited on Sun Nov-14-10 12:34 PM by Better Believe It
Is this lameduck congress preparing to quietly pass legislation, perhaps as a bill attachment, to retroactively legalize mortgage fraud?
Maybe. Reports are surfacing on the internet indicating this may happen and shouldn't be automatically dismissed. This sort of thing happens! So stay alert and not be caught off guard! DU'ers who work on 'the Hill" or have friends with access to all legislation that may come up for a vote should be on the lookout for any buried mortgage fraud attachments to bills. Check out these news reports. And if you have any further information on this please post it. BBI



Get Ready for the Great MERS Whitewash Bill
By: John Carney
Senior Editor, CNBC.com
November 12, 2010

When Congress comes back into session next week, it may consider measures intended to bolster the legal status of a controversial bank owned electronic mortgage registration system that contains three out of every five mortgages in the country.

The system is known as MERS, the acronym for a private company called Mortgage Electronic Registry Systems. Set up by banks in the 1997, MERS is a system for tracking ownership of home loans as they move from mortgage originator through the financial pipeline to the trusts set up when mortgage securities are sold.

Now it appears that Congress may attempt to prevent any MERS meltdown from occurring. MERS is owned by all the biggest banks, and they certainly do not want it to be sunk by huge fines. Investors in mortgage-backed securities also do not want to see the value of their bonds sink because of doubts about the ownership of the underlying mortgages.

So it looks like the stage may be set for Congress to pass a bill that would limit MERS exposure on the recording fee issue and perhaps retroactively legitimate mortgage transfers conducted through MERS private database.

Self-styled consumer advocate Neil Garfield says the legislation is already being drafted:

After years of negative judicial decisions about the use of a straw-man on mortgages, MERS was about to lose its existence as well as its credibility. But now all of that is set to change as Wall Street money is pouring into the coffers of those who are receptive (i.e., almost everyone in Congress). The legislation is already being drafted under the interstate commerce clause to ratify MERS and everything it did retroactively. It appears that the Obama administration is ready to pardon all the securitization deviants by signing this bill into law. This information is corroborated by several people who are in sensitive positions persons who would be the first to know such proposals. Fortunately, there are some people in Washington who have a conscience and do not want to see this happen.

http://livinglies.wordpress.com/2010/11/11/pardon-livin... /


http://www.cnbc.com/id/40150186


-------------------------------------------


Kangaroo Courts and Retroactive Legality
by RON BEASLEY
November 13, 2010

What if you robbed a bank and got caught? You then used some of your ill gotten gains to buy enough lawmakers and they passed a law to make your crime legal. Thats exactly what the banks themselves are doing in an attempt to save their hides from mortgage/foreclosure fraud.

As Michael W. Hudson explained in The Monster many if not most of the subprime mortgages were themselves fraudulant to begin with and then when those loans were securitized the paper work itself was so sloppy that there is no clear title path. The purpose of the rocket dockets is to ignore all that fraud and bail out the very same banksters and finacial terrorists that brought the world to the edge of financial collapse. Over at Zero Hedge Tyler Durden has some robo signer confessions that should be enough to put banksters in prison.

But the biggest fraud may be MERS itself and John Carney at CNBC reports that the lame duck congress and the Obama administration are about to retroactively legalize all that fraud.

So is it still called bank robbery when its the banks with the help of lawmakers who are doing the robbing?

http://themoderatevoice.com/92343/kangaroo-courts-and-r... /


--------------------------------------------


PARDON! LIVINGLIES OBTAINS WALL STREET PLAYBOOK: MERS TO BE LEGITIMIZED BY ACT OF CONGRESS
by Neil Garfield
November 11, 2010

Besides the obvious seediness of this maneuver, it runs roughshod over state property laws, and the rights of investors, homeowners and borrowers. It amounts to a permanent installation of a Federal system that supersedes the county records for recording property rights. Off-record comments Ive heard from people in power are outraged at this assault on states rights. But these people are not legislators, who are getting promises larger than anything in your imagination, if they will support such a bill. It might be couched as a uniform law to be adopted by the states to get around the states rights issues, but it will permanently remove some of the power over property that lies solely within the jurisdiction of the states and place it preemptively within federal jurisdiction.

All of this is scheduled to happen during the lame duck session of congress between now and the end of the this year, 2010. That means in a manner of days, some bill that may look like it has nothing to do with property, mortgages or foreclosures is going to have attached to it a provision whose effect will go even further than the notarization bill that went through Congress like St through a goose and almost got signed by the President. We caught that one AFTER it was passed by Congress unanimously but before Obama signed it.

We announced it as an attempt at a presidential pardon to all those who committed crimes in the notarization of documents that were fabricated and forged, all those who committed forgery and perjury and all those who created counterfeit documentation that was presented to courts as original documents.

This time we got the information, we think, before it was stitched into some innocuous looking bill. If we dont find it and block it, the plight of homeowners will get that much worse.

http://livinglies.wordpress.com/2010/11/11/pardon-livin... /


--------------------------------------------




A Bill to Indemnify MERS Retroactively?
by we are stardust
November 13, 2010

We know what rewards the banks can offer to Congresspeople to pass laws like this; we know the excuses which they use to justify voting for things like this. Ack! The costs to the banking system would be catastrophic! If we dont paper over these frauds, or we let the penalties for the end-runs around state law mortgage filings occur, it will cause further meltdown!

Watchers warn that the bill will likely sound benign, and simply assert some federal ascendancy over state law, if I get the drift. Many who understand the foreclosure fraud best have indicated that contract law and property rights are dead as we knew them, and that for college graduates for years to come, The Law will be the most lucrative field to pursue.

This subject is obviously outside my wheelhouse, so I welcome your takes and opinions. But it seems that if this effort is already in the works, it tells us that Bank Balance Sheets are more important to our government that People are, and that not once of will be exempt from the disasters this will cause, even to our individual property taxes.

Surely there is someone in the federal government who will champion the Rule of Law, the states, the counties, and the People. All I can think is that we search online for more information, and contact every member we can and make clear our objections to this rumored perfidyand soon. Lame Duck starts on Nov. 15.

http://dagblog.com/reader-blogs/bill-indemnify-mers-ret...











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Overseas Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 12:26 PM
Response to Original message
1. K&R ! //nt
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 12:31 PM
Response to Original message
2. The Banksters have purchased themselves a country......
nt
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kenny blankenship Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 01:25 PM
Response to Reply #2
19. ...with OUR money!
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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 10:13 PM
Response to Reply #19
56. It sure seems that way... So wouldn't we be the rightful owners of both?
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blindpig Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 07:51 AM
Response to Reply #56
80. Yes.

k&r
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liberation Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 12:50 AM
Response to Reply #19
59. The funny part about money is that it is an ethereal/abstract concept, i.e. it is not "real."
Edited on Mon Nov-15-10 12:51 AM by liberation
Labor and assets however are actually real.

So the ones with the placebo managed to rule those with the actual physical "power." This is nothing new, for eons, kings and religious groups used "invisible" divine friends up in the sky to control the masses.

The fact that this works now as well as it did thousands of years ago, to me at least, is fascinating. It says so much about us as a species. We really are not as evolved as we fancy to think of ourselves.
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 05:35 AM
Response to Reply #59
65. Interesting observation and spot-on. nt
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icnorth Donating Member (954 posts) Send PM | Profile | Ignore Mon Nov-15-10 06:17 AM
Response to Reply #59
74. Yep you got it...
that great concept called individualism, packaged and sold as a nebulous ideology called "freedom". It's every man for himself;to hell with the greater good of society. And the ruling class get to eat the Filet Mignon while boasting of their benevolence to the underclass as they fight for the bread crumbs brushed off the table. :mad:
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ProudDad Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 06:07 PM
Response to Reply #2
40. They've owned it lock, stock and barrel
since the Jackson Admin...
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 05:34 AM
Response to Reply #2
64. There is no other reasonable conclusion.
I hate these fucks.
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BonnieJW Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 08:29 AM
Response to Reply #2
82. So am I the only one upset with Obama?
There is no choice for president; they're all the same. I guess it will take two more years of this outrage before we see we must elect people like Dennis Kucinich for president.
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ChairmanAgnostic Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 11:54 AM
Response to Reply #82
96. not any more.
I don't believe this, except it all fits.

What happened to our country? What happened to your president?
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ibegurpard Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 12:33 PM
Response to Original message
3. k&r
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 12:39 PM
Response to Original message
4. Fuckers!
:grr:
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somone Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 01:15 PM
Response to Reply #4
14. No, it's:
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 01:23 PM
Response to Reply #14
17. +1
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 02:02 PM
Response to Reply #14
23. Love that pic!
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butterfly77 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 02:03 AM
Response to Reply #14
61. I'll second that...
:kick:
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 05:37 AM
Response to Reply #14
66. Or, "Come down on the elevator
Edited on Mon Nov-15-10 05:37 AM by Enthusiast
to be beaten to death."
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Swede Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 12:47 PM
Response to Original message
5. Obama pocket vetoed a similar bill just last month.
He'll just do that,again.

The bill, titled The Interstate Recognition of Notarizations Act of 2009, passed the Senate with unanimous consent and with no scrutiny by the DC media. In a maneuver known as a pocket veto, President Obama indirectly vetoed the legislation by declining to sign the bill passed by Congress while legislators are on recess.

http://dissidentvoice.org/2010/10/foreclosuregate-and-o...
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 12:54 PM
Response to Reply #5
7. I wouldn't bet on it unless the media decides to let people know this is on track again.
December is typically the month we see very bad legislation passed and signed quietly while no one's looking.
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Swede Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 12:56 PM
Response to Reply #7
11. No one knew about this one either.
The election distracted everyone away from this.
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 01:22 PM
Response to Reply #11
16. Wrong. It was caught in the media and there was an outcry. nt
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Swede Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 01:43 PM
Response to Reply #16
21. That must've been a some outcry.
Google news of "The Interstate Recognition of Notarizations Act of 2009" and pocket veto one hit comes up.
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 02:47 PM
Response to Reply #21
26. Well, I googled 'foreclosure bill' and got 154,000 hits, all seem to be concerning
Edited on Sun Nov-14-10 03:06 PM by laughingliberal
that legislation. At least the 4 pages of hits I've looked at, so far.

Most news stories aren't going to have the title of the bill in their headline or even in the story, sometimes.

But nice try. :hi:
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Swede Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 08:21 PM
Response to Reply #26
44. None of them have to do with this bill.
But,you knew that.
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 08:36 PM
Response to Reply #44
45. No, they had to do with the bill President Obama pocket vetoed about which you said there was no...
outcry. It did come to light before he pocket vetoed it.

We need an outcry from consumer groups again or this thing is going to get passed and signed in December with the public none the wiser.
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 05:39 AM
Response to Reply #21
67. LOL!
"That must've been a some outcry."
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DaveinJapan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 02:37 AM
Response to Reply #7
62. The Federal Reserve Act was passed in late December 1913. nt
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 12:56 PM
Response to Reply #5
12. That's because it was exposed and that's why we need to be on the lookout for this possible bill.
Edited on Sun Nov-14-10 12:56 PM by Better Believe It
If we miss it, it could easily pass Congress and be signed into law.

" That means in a manner of days, some bill that may look like it has nothing to do with property, mortgages or foreclosures is going to have attached to it a provision whose effect will go even further than the notarization bill that went through Congress like St through a goose and almost got signed by the President. We caught that one AFTER it was passed by Congress unanimously but before Obama signed it."

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Dr.Phool Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 10:48 AM
Response to Reply #12
89. Better Believe It.
(pun intended)

You can bet your bottom dollar, had that bill not been exposed, Obama would have signed it as soon as it landed on his desk.

They got caught, and they'll keep trying to sneak it through.

Who owns the government? Us or the banksters?

I don't like the answer.
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bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 05:34 PM
Response to Reply #5
38. That Pocket Veto thing was sooooo BEFORE Election 2010.
It was simply another way for Obama to sit on the fence yet again.
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nashville_brook Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 08:03 PM
Response to Reply #38
43. i hope this isn't an area he thinks he can "find common ground" on.
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 08:56 PM
Response to Reply #43
46. +1000 nt
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Swede Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 09:51 PM
Response to Reply #38
53. Yeah,by a whole 3 weeks.
:shrug:
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mzmolly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 12:54 AM
Response to Reply #5
60. Please! No reason will be tolerated
at our preemptive pity party, got it! :sarcasm:
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Autumn Colors Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 06:32 AM
Response to Reply #5
75. Only because activists rallied the public to scream like hell!!
The outcry was so loud that of course Obama pocket-vetoed it. If the same type of thing lands on his desk completely off the media radar, I would not just trust that he'd "do the same thing again".

I fully believe that it was the public/media outcry that pushed him to do this.

If another attempt to do this happens, we all need to scream like hell again.

And this is just during the "lame duck" session. Do you REALLY think this won't be tried yet again when the new Congress with a higher number of GOP members starts? I think they'll repeatedly try to do this until they finally sneak it through, attached to some completely unrelated bill.
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somone Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 12:51 PM
Response to Original message
6. Anything and everything to protect and enrich bankers
as usual
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 05:40 AM
Response to Reply #6
68. Sure looks that way....nt
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me b zola Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 12:54 PM
Response to Original message
8. K&R
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emilyg Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 12:55 PM
Response to Original message
9. k/r
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ellenfl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 12:55 PM
Response to Original message
10. as i have said before, i don't think the problem is with mers.
mers, as the identified mortgagee, has been signing satisfactions of mortgages for years. denying their ability to do so would have a monumental affect on past home sales and throw thousands, perhaps millions, of those transactions into doubt. this would also affect the title insurance companies as well as mers and lenders and would not be good for a majority of homeowners.

imo, the solution is requiring mers or the lender to produce the promissory note. the actual mortgage document is of no value. the recording of the original mortgage confirms the lien. ANY entity that is foreclosing should be required to produce the endorsed promissory note to prove lender ownership and the lender's authority to foreclose. imo, the issue is not so much the lack of the recorded assignment of mortgage, which identifies the current holder of the mortgage, but the lack of endorsements on the promissory notes. just like a check endorsement, the note should show an endorsement to the foreclosing entity. i think that the document being falsified is an allonge to the note which endorses the note.

i think we definitely need to oppose indemnification of the lenders and the attorneys in the foreclosure 'industry'. if this bill is to approve mers foreclosures without appropriate documentation, then we should definitely stay on top of this. retroactively approving mers authority to satisfy mortgages in the normal course of business should not be a problem.

ellen fl
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Klukie Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 04:02 PM
Response to Reply #10
32. +1
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SidDithers Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 01:11 PM
Response to Original message
13. Unrec...nt
Sid
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theaocp Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 03:29 PM
Response to Reply #13
29. I was wondering if you'd show up. k&R n/t
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theaocp Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 03:30 PM
Response to Reply #13
30. I was wondering if you'd show up. k&R n/t
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Individualist Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 01:17 PM
Response to Original message
15. Neolibs working with neocons.
:mad:
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 01:23 PM
Response to Reply #15
18. +1000 nt
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 05:42 AM
Response to Reply #15
69. When are we going to just start
calling them "neos"?
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spin Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 01:37 PM
Response to Original message
20. If their masters want it, our Congress will happily comply...
Resistance is futile.
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 01:51 PM
Response to Reply #20
22. Resistance is not futile if enough is organized. If this proposal is brought up in Congress it ..
Edited on Sun Nov-14-10 02:13 PM by Better Believe It
must be exposed.

If it is exposed it either won't pass or if it passes the heat can be put on President Obama to not sign it.

That's what happened with that other bill Congress tried to sneak by us.
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spin Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 04:54 PM
Response to Reply #22
34. Good. I'm glad to see that someone is willing to force our elected officials ...
to represent us.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sun Nov-14-10 02:06 PM
Response to Original message
24. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
Poboy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 02:36 PM
Response to Original message
25. "may try"? I think its a confident certainty. =nt
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 02:53 PM
Response to Reply #25
27. We don't know for certain yet that this legislation will be proposed in this lameduck Congress

That's why I qualified my caption.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sun Nov-14-10 03:15 PM
Response to Original message
28. Deleted sub-thread
Sub-thread removed by moderator. Click here to review the message board rules.
 
ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 03:45 PM
Response to Original message
31. There are literally no facts in the OP
Complete opinion and speculation:

"It appears that the Obama administration is ready to pardon all the securitization deviants by signing this bill into law"

How the hell does one draw a conclusion based on speculation?

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bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 05:56 PM
Response to Reply #31
39. Past performance is a really good indicator....
..of future behavior.
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 05:44 AM
Response to Reply #39
71. Plus one...nt
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ProgressiveLiberal Donating Member (99 posts) Send PM | Profile | Ignore Sun Nov-14-10 10:13 PM
Response to Reply #31
55. Next Time try actually reading the OP - it's fundamental.
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 05:44 AM
Response to Reply #31
70. If we don't register our
outrage, and it becomes law, it will then be too late to correct it.
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Dr.Phool Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 10:52 AM
Response to Reply #70
90. Nah, it's like every other bad bill. They'll improve it later.
:puke: :sarcasm: :sarcasm: :puke:
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mzmolly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 07:16 PM
Response to Reply #31
105. Yep. 140 recs for a factless
Edited on Mon Nov-15-10 07:25 PM by mzmolly
"news alert."
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seafan Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 04:12 PM
Response to Original message
33. October 16: CNBC predicts Congress will retroactively legalize foreclosure fraud
Lame Duck Congress Alert: Get Ready for the Great MERS Whitewash Bill, November 12, 2010


Speed readers, sharp eyes and citizen journalists must unite to expose any attempt to defraud the public via trojan horse legislation.


CNBC predicts Congress will retroactively legalize foreclosure fraud, October 16, 2010


Obama administration is opposed to a national moratorium on foreclosures, October 10. 2010

Foreclosure Fraud: How MERS blurred the ownership of homes, October 15, 2010


We have to watch these lame ducks with an eagle eye. People like Blanche Lincoln and the half of the Blue Dogs who were voted out have nothing to lose now by voting to retroactively protect this mortgage fraud.


All hands on deck.












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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 05:32 PM
Response to Reply #33
37. Not only do they have nothing to lose, they have a lot to gain. They all need jobs, now.
:scared:
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 05:46 AM
Response to Reply #33
72. Exactly......they have already been rewarded.
"People like Blanche Lincoln and the half of the Blue Dogs who were voted out have nothing to lose now by voting to retroactively protect this mortgage fraud."

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Jakes Progress Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 05:24 PM
Response to Original message
35. Typo? Did you mean lame-ass congress?
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Greyhound Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 05:29 PM
Response to Original message
36. I'd be much more surprised if they didn't.
At some point we will have to accept the fact that we are alone. That we live in a police state that operates exclusively for the benefit of the parasites that own us.


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valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 09:16 AM
Response to Reply #36
85. All the rhetoric in the world can't wash away that fact. nt
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Dr.Phool Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 10:53 AM
Response to Reply #36
91. Yep.
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beforeyoureyes Donating Member (289 posts) Send PM | Profile | Ignore Sun Nov-14-10 06:24 PM
Response to Original message
41. Fight the corporations and their political puppetry in Washington...

People have been raising the alarm about this since last summer, but THANK YOU for putting it out there again. Many people still have not realized what a bunch of corporate sellouts are on this side of the one party coin.

Peace.
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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 08:00 PM
Response to Original message
42. MEGA ALERT! THANKS FOR THIS POST, BBI! It's Important!
ROBO SIGNING...No Paper Work for all our Mortgages that were sold off over and over. The BARGAIN BETWEEN BUYER AND SELLER TRASHED IN LEGAL TERMS. CONTRACTUAL LAW DEAD if this is IGNORED. RULE OF LAW GONE!

FOLKS NEED TO STAND UP AND FIGHT BACK AGAINST THIS! (SORRY FOR FULL CAPS...but TOO IMPORTANT!)
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 09:08 PM
Response to Reply #42
47. No need to apologize for caps. I understand. Hope many others do.
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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 09:18 PM
Response to Original message
48. K & R. You better BELIEVE they are frantic for a fix
as the scope of this disaster fully permeates their imaginations.
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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 09:43 PM
Response to Reply #48
51. They've got to stop this and overide Obama's Pocket...or Big Banks in Big Trouble.
Nothing was reported about Congress doing this on a "Voice Vote" to sneak it in before break until Media reported the "Pocket Veto." The financial Bloggers (who lean Left) had been reporting about the Robo Signing for weeks and they didn't even know about the "vote" until the "Pocket Veto" was announced.
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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 10:25 PM
Response to Reply #51
57. I remember (and called the WH hotline. Long wait times that day.)
It wouldn't shock me at all if they tried to go for another fix of some kind again, when everyone is in the holiday stupors, drunk on eggnog, stuffed to the gills, and watching lots of football.
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L0oniX Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 09:24 PM
Response to Original message
49. ...and vote themselves in another pay raise too.
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 09:34 PM
Response to Original message
50. "May"...nt
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OnyxCollie Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 09:48 PM
Response to Original message
52. First, retroactive immunity for telecoms.
Now, retroactive immunity for mortgage fraud.

Fascism, anyone?
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 05:47 AM
Response to Reply #52
73. No shit. What a country! nt
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IDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-14-10 09:59 PM
Response to Original message
54. I was going to post a prediction of this a few weeks ago, but didn't
It seemed too outlandish. When will I learn?
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mzmolly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 12:41 AM
Response to Original message
58. 93 recs for an unfounded rumor?
Fascinating.

:hi:
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RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 07:47 AM
Response to Reply #58
78. See #39
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RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 07:51 AM
Response to Reply #78
79. The last attempt passed with an unanimous voice vote in the Senate.
Et tu Sanders?
Boxer?
Kerry?
Feingold?


Disturbing.
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mzmolly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 11:35 AM
Response to Reply #78
95. Once again - 93 recs for an unfounded rumor?
:hi:

;)
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RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 02:24 PM
Response to Reply #95
99. What part of "they've already tried it" doesn't compute?
Just last month?

It's not a rumor.
It's legislation on the table.
Just because it didn't become law doesn't mean it has disappeared.

Keep yelling "unfounded." :shrug:
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mzmolly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 07:14 PM
Response to Reply #99
104. Many things have been "tried"
Edited on Mon Nov-15-10 07:15 PM by mzmolly
that doesn't mean that said things, are likely to be passed in a lame duck session.

Yes, at this time the speculation in the OP is entirely unfounded.
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mzmolly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 12:47 PM
Response to Reply #78
97. 140 recs for an unfounded rumor,
at this time. :crazy:
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RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 02:45 PM
Response to Reply #97
100. Mawly....
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 03:14 PM
Response to Reply #97
101. Why are you opposed to DU'ers being alert and doing the following?
Edited on Mon Nov-15-10 03:15 PM by Better Believe It
"DU'ers who work on 'the Hill" or have friends with access to all legislation that may come up for a vote should be on the lookout for any buried mortgage fraud attachments to bills."

Would you rather have us be caught by surprise with our pants down .... too late to stop such legislation?

Sure sounds like it.

Like I said, we don't know for certain if such legislation will be proposed during this lameduck session of Congress.

It may be proposed when the new Congress begins in January.

But, stay alert.

And if you have information either confirming or refuting the articles posted please present it.

I'm listening.

If you think those articles should not have been posted on Democratic Underground explain why.

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mzmolly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 07:12 PM
Response to Reply #101
103. I'd rather people not post wild specuation and
Edited on Mon Nov-15-10 07:26 PM by mzmolly
call it a "news alert". These cynical, divisive rumors are floated often, and when they don't pan out people forget that they were ever mentioned. However, they do create an impression about democrats that chips away at enthusiasm, regardless.
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 10:11 PM
Response to Reply #103
107. When you find someone posting "wild speculation" let me know.

I don't like people doing that either.

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mzmolly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 10:47 PM
Response to Reply #107
109. The OP is wild
speculation, IMHO.

Peace
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 10:54 PM
Response to Reply #109
110. And it's not wild IMNSHO
IMNSHO: In my not so humble opinion. :)

Peace to you and war on any a-holes who try and sneak something like this past Congress!
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mzmolly Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-10 12:48 PM
Response to Reply #110
112. Let's make a deal. If the bill you fear passes, I'll offer a public
mea culpa, noting your thread. If it doesn't you do the same. Sound good?

I agree on the peace/war thing. :hi:
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-10 08:21 PM
Response to Reply #112
113. If the bill passes it would be better if we hit the streets in protests!

Why would I want to offer a mea culpa if such legislation is not introduced, much less passed?





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mzmolly Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-10 10:24 PM
Response to Reply #113
114. Because you were wrong to spread paranoid, anti-democrat speculation?
:shrug:
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Starry Messenger Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 02:42 AM
Response to Original message
63. k&r
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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 07:17 AM
Response to Original message
76. Kick.
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GOTV Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 07:34 AM
Response to Original message
77. And then they wonder why voters don't turn out for them
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Prospero1 Donating Member (52 posts) Send PM | Profile | Ignore Mon Nov-15-10 08:08 AM
Response to Original message
81. There's a possible good side to this...
congress should legalize fraud for profit for the average working guy (defrauding banks comes to mind). This would make up for the unemployment problem.
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 08:37 AM
Response to Original message
83. It's not quiet anymore. LOL nt
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valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 09:15 AM
Response to Original message
84. Rape one down, rape two starting. nt
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davidwparker Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 09:17 AM
Response to Original message
86. Sounds like some more of them need to be kicked out. n/t
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Dr.Phool Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 10:56 AM
Response to Reply #86
92. I think you mean the rest.
Nest of vipers.
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davidwparker Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 12:59 PM
Response to Reply #92
98. LOL - thanks for the correction
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DirkGently Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 09:25 AM
Response to Original message
87. Debt ownership has become too murky under MERS. And servicers should not be able to foreclose.
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Overseas Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 10:02 AM
Response to Original message
88. One more kick to say-- No No No. Please Dems-- don't do it. //nt
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BlueJac Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 11:08 AM
Response to Original message
93. what is one more sellout?
is there anything left to sellout on?
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Tuesday Afternoon Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 11:13 AM
Response to Original message
94. better late than never, I guess.
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Tx4obama Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 04:57 PM
Response to Original message
102. Here's a link for the Senate's November calendar
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 10:38 PM
Response to Reply #102
108. Thanks. People who work on 'the hill" need to carefully look for last minute attachments to bills.

Just to play it safe.

Sometimes they try to be sneaky and pull a fast one.

Really!
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amborin Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 08:04 PM
Response to Original message
106. K&R
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-10 09:29 AM
Response to Original message
111. Lame Duck Dems: Give bankruptcy judges power to order lenders to reduce principle homeowners owe
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-17-10 11:17 AM
Response to Original message
115. No MERS Bailout Coming from This Congress

Check out the latest news report from John Carney Senior Editor at CNBC.com.

http://www.democraticunderground.com/discuss/duboard.ph...
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