| User Info
| If This Proves Up... (Arizona Foreclosures) in forum [Market-Ticker]
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Iou
Posts: 1025
Incept: 2009-03-16
The Twilight Zone
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Karl,
I hope you are well armed. The banksters will be trying to silence you. Once they figure out you can’t be bought they will try to take you out. Things are really getting serious. You're the only reason I still hold a glimmer of hope. God bless.
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"When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it."- Frédéric Bastiat
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Scwizard
Posts: 141
Incept: 2009-11-15
New York
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The most shocking thing here isn't that state lawmakers can be brought, but that they can be brought so cheaply...
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Vidad
Posts: 97
Incept: 2010-08-15
Florida
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Keep machine gunning 'em with the truth, Karl, and God be with you. You're one of the good guys.
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Infidel
Posts: 5463
Incept: 2007-08-27
between here and there
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(s)Quid pro quo
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"DON'T BELIEVE THEM, DON'T FEAR THEM, DON'T ASK ANYTHING OF THEM." -ALEXANDER SOLZHENITSYN.
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Halfbrite
Posts: 2459
Incept: 2008-10-13
Arizona via California
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Wow. And this is Arizona. I cannot even find a single competent attorney in Las Vegas, NV, willing to sue a bank for quiet title, even when I'm paying cash up front, on retainer, at their hourly rate. Not one.
Oh well. If I go broke, I'm just going to have to start robbing banks, and hope for jury nullification if/when I'm brought to trial!
If banks don't have to follow the law, why should I?
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"That which cannot continue, will not continue. Brace for impact!"
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Donethat
Posts: 771
Incept: 2009-04-22
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Since the bad debt collection scamsters moved over into the mortgage service business, this is kind of on topic.
Got a phone call the other day for my wife, the "assistant" in the "law office" of blah blah blah wanted to talk to an old classmate of my wife's, about a "legal matter". She forwarded the message to the classmate, and after I googled the phone number, she forwarded a second message warning that it was scamsters trying to get a phone number on him.
The scamsters had found our phone number by googling their intended victim.
But then the web can work both ways....
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Bobinator5000
Posts: 137
Incept: 2009-08-16
Illinois, USA
Banned
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The last thing the Banksters want to do is anger the proletariat by violently silencing bloggers. The result of such an action is the polarization of the public with the ultimate result being they will be shown the same humanity they were showed others, and they know it. The soviet union showed you had to discredit such individuals prior to executing them; of all the interactions Denninger has with the Media, even those who attempt to discredit the man eventually become mesmerized by the truth.
Remember Gents; Soap Box, Ballot Box, Jury Box, Ammo Box. In That Order.
@ McLain, Reagan and Seel. If you think impeachment and a short jail sentence is the worst thing that can happen to you, wait until you face an angry mob of disenchanted voters whom have literally nothing left to lose. That is where this senseless lawlessness leads. Your constituents are crooks; you will receive more praise and political points by backstabbing them; there are plenty of people willing to hand you money to see that happen. Toss the lot in the slammer and let em' rot.
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If (rate of inflation) * (total unencumbered currency) > (total unencumbered currency) per year; the difference is guaranteed to default per year. Covering the difference via debt causes exponential inflation; Interest reaches unsaleable levels, monetary base contracts, then collateral values and banks collapse.
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Iou
Posts: 1025
Incept: 2009-03-16
The Twilight Zone
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Don’t under estimate what these banksters will do. Karl is*****ing off some very powerful people. To think they’ll stand by and do nothing is foolish. They’re getting away with murder in broad daylight and they don’t give a **** who sees it. Hell they want everyone to see it. Plunder is the standard way of life and anyone getting in the way will be silenced. That’s the American way.
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"When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it."- Frédéric Bastiat
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Racer
Posts: 291
Incept: 2009-09-04
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Karl -- great Ticker. I suspect that you are now on some bankers' lists -- please watch your 6. We don't want any "accidents."
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"The more you buy, the more you save." Consumer's motto.
"Spend nothing, save everything, starve the beast." My motto.
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Mike77079
Posts: 24
Incept: 2010-06-21
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Amazing! Karl, can you get in touch with this guy the same way you did with Ms. Reagan? You're one of the few people left in whom I have hope...
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Mannfm11
Posts: 3541
Incept: 2009-02-28
DFW, Tx
Online
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What a hell of an article. I actually looked to see if this guy had a donate button. What he wrote on the bottom, that right wins out in the USA in the end. McClain is a dung beetle crossed with a worm at a minimum. The idea of a free house is the biggest bunch of bull**** I have read in years as bankers aren't collecting money from people because of their self interest, their need to hide losses so they can buy time to loot more money out of the system. It appears that holding clear title means nothing to this bitch and few, if any Republicans or Democrats are really concerned with fraud being involved in our banking, pension, securities and other financial systems. The headline I saw yesterday was that profits were up 26% YOY. It is all coming from scamming markets, hiding losses and directly from the government. Mandelman deserves applause in his efforts. The worms in the Arizona government deserve a few years of hard labor in the Arizona heat. I have never liked crooks.
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The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
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Otiswild
Posts: 5619
Incept: 2009-03-09
Inside you, the force is!
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So I guess each legislator will re-propose SB1259 and get their own writedowns in turn, what a f--king joke.
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Bertdilbert
Posts: 2658
Incept: 2008-12-22
CA
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This is the reason I say that the problem is not bankers etc, but the root cause is the political system that allows them to be bought. Until this root problem is solved, we are only fighting symptoms of the disease. The cancer needs to be cauterized at the root.
The problem is the political class is not going to arrest themselves or pass laws that would encumber them to business as usual. What we need here is a fourth branch of government that spend 24 hours a day pursuing our elected class too root out corruption.
Our best and brightest need to pull sting after sting on these guys and head them off to the gallows.
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Dear Euroland: Relax, Germany has a plan for your money!
Political Capital Defined: We are out of money but will tax our citizens for whatever it takes to "SAVE" the Euro.
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Icanhasbailout
Posts: 9939
Incept: 2009-03-10
Imaginationland
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Quote:What we need here is a fourth branch of government that spend 24 hours a day pursuing our elected class too root out corruption. There's a reason the press is called the "fourth estate". They're bought out too.
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Campbeln
Posts: 31
Incept: 2010-06-10
Canberra, AUSTRALIA
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Mlshawaii
Posts: 1785
Incept: 2009-05-13
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Icanhasbailout beat me to it. I was going to comment that the "fourth estate" (the media) has been asleep at the switch for years.
There's another definition of the fourth estate, and that is the masses (the people). Thanks to the internet, the masses are becoming investigators and journalists in ways never before possible. That gives me some hope.
Stories like this where the corruption is right out in the open (or alleged corruption, to be fair) show us that lawlessness begets lawlessness. I have always believed that we can survive our financial issues. But I don't think we can survive the corruption. At the end of the day, everything we do in this nation depends on trust.
Have we crossed the line over into banana republic territory? It's starting to feel that way.
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Jslique
Posts: 466
Incept: 2008-07-28
Melbourne
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The graft and corruption is so pandemic now. At this rate of decline their will be lawlessness abound.
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Grumpy_bear
Posts: 606
Incept: 2008-02-26
More SRS please Mistress!
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Hey, Arizona State pols! You are making our Illinois legislators jealous! Damnit! 'We're Number 1' just sounds so hollow now!
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Denninger, Karl. Leverage: how cheap money will destroy the world. Hoboken: John Wiley & Sons, Inc., 2012. p. 126, par. 3.
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Redwood
Posts: 318
Incept: 2009-05-17
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I have a very bad feeling the moneychangers are going to bully us again VERY soon AGAIN like in SEPT 2008. I'm lost for words, TY Karl, and everyone for being the stubborn cat that KNOWS the rat is in the closet, and the rat is consuming what it stole, over and over again. The rat will have to come out of the closet someday for more, guess what??? Genesis, and others have not left and are waiting. The rat will pay and die hopefully. The rat can only plunder so much until enough of us are awake to get the job done.
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Icarus
Posts: 248
Incept: 2010-11-11
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Bobinator5000 wrote..@ McLain, Reagan and Seel. If you think impeachment and a short jail sentence is the worst thing that can happen to you, wait until you face an angry mob of disenchanted voters whom have literally nothing left to lose. Why are you lumping Rep. Reagan with the other two? Genesis wrote..Representative Reagan was and remains on the "Good Guys" side. http://market-ticker.org/akcs-www?post=1.... |
Frat
Posts: 1935
Incept: 2009-07-15
NKY
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I think it's high-time a group of ARMED citizens open-carried to their State House and "demand" a few answers of their own...
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We're ****ed. Where's Henry Bowman when you need him?
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Rktbrkr
Posts: 239
Incept: 2010-10-31
US
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McLain actually brags that she has thwarted 8 or 10 bills intended to restore legality to the AZ foreclosure process, what chutzpah - IN YOUR FACE Arizona voters!
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Edn
Posts: 314
Incept: 2009-01-13
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Now we need to keep an eye on how and how fast Arizona deals with this. Does the Attorney General lick his finger and put it up in the air to test which way the wind is blowing? Or does he *DO* what he should and start subpenaing information *RIGHT NOW* ???
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Bigcowboy
Posts: 555
Incept: 2010-03-12
Michigan
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Icarus: Further down in the story, the author smelled a potential rat.... Quote:
In an unrelated story… or perhaps not, depending on how you look at it… Senator Michelle Reagan, who proposed the first bill pertaining to the need to declare proper chain of title prior to foreclosure, SB 1259… the one that disappeared on its way to the House after passing the Arizona senate… successfully settled her dispute with her own servicer, roughly a month after she decided to facilitate her own bill’s disappearance.
italics in original... To everyone: follow the link! Lots of important details! -BigCowboy |
