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Why Do YOU Obey The Law?

By Implode-Explode Heavy Industries

Denninger outlines legal abuses of banks in the mortgage mess: ``We've already got proof that these foreclosure mills have claimed the same note in two separate actions, which means that one of them is clearly fraudulent. But what these states must recognize and demand is that for those instances where a "wet signature" and unbroken chain of assignment be demonstrated (and that's most states), that any entity which intentionally destroyed that chain of assignment and signature has forfeited by it's own intentional act any right of recovery under the statutes allowing foreclosure... You cannot have a productive nation in which a handful of people get to financially **** the population any time they'd like, irrespective of laws allegedly forbidding same, and expect that the population at large will sit still for this on an indefinite basis... STOP THE LOOTING AND START PROSECUTING!''

Full post as published by Mortgage Lender Implode-o-Meter on September 27, 2010 (boomark / email).