Saturday, October 09, 2010

Get Ready for a Legislative Rescue for Foreclosure Perpetrators

He who has the gold is not going to sit idly by after their last-gasp (and only recently failed) attempt to thwart the ability to foreclose without regard to standing.

There are probably millions of people out there who have been energized by the false hope that because their homes were (from a purely legal process standpoint) stolen from them they might somehow be entitled to redress.

The reality of life is they're still screwed.

The justice system doesn't work that way, as perverse as it might seem to the victims. Courts don't go back and fix the damage they allowed to happen.

The victims have no recourse against the court system. All they can do is file suit against the perpetrators of the fraudulent foreclosure if they even still exist. That takes money; lots and lots of money.

Do you see the pattern repeating here - perpetrators of a perfectly-conceived scam not having to worry because victims don't have the resources to go after them even after it's proven to be a scam?

We have what we have because we keep re-electing the people who are content to watch it happen and they're going to let the squaliformes prevail yet again.

The Honorable Judge Roy Bean.

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