Bank Of America Sends Internal Email Exposing Where The "Occupy" Movement Is Hurting It Most

There are so few that were conducted legally that it's a negligible number. I have literally seen hundreds of foreclosure files. Not ONE. Not ONE was legit. It was systematic fraud. After investigating the top 14 lending institutions, both Congress and the OCC acknowledged in writing that fraud was systematic in every one of them. They told them to stop and months later told them again cause they hadn't stopped. So now they are telling them again, but all they do is talk. OWS needs to do this because the rule of law in this country has been suspended for the 1% while the 99% are losing the rights we thought we had.

ditto Gavin.
OWS is a movement of principle, not one of minutia. The overwhelming concensus of both responsible legal and administrative public and private experts is that the issue is one of profound and pervasive fraud. OWS's purpose is to keep the matter in daylight to force response. If the government won't bring justice the banks will have to suffer the consequences brought on by the people.

Yes they do. Everyone who can not afford their mortgages are either without jobs, without sufficiently paying jobs, or have had their interest rates/mortgage payments skyrocket, all because corrupt business practices have disemboweled our economy. The appropriate penalty for their destructive practices and mortgage fraud, is to have all mortgages forcibly canceled, force them to provide a new house for everyone who has been foreclosed on, and compensate every homeowner who has experienced a decrease in their home values because of their crimes.

It is always the public's responsibility to insist on the rule of law when government and business goes rogue, and has been since the dawn of social history. Nothing will improve unless the public forces it to.

If your dram was to come true The only way to get a house in the future would be to have the money on hand...and how many can do that??

There is no such thing as a valid reason to kick a family out onto the street. Our economy is an invention, and one that allows the nonthinking portion of our public see some instances of turning families out onto the streets as legitimate. However, it is always evil to do so. It is always wrong to kick someone out of their homes for a lack of imaginary green paper / numbers in a bank's database. It is our banking system itself that is not legitimate.

Ohhh i see. It doesn't matter then that the wood needed for the house is cut, transported, cut again, then transported again to the home. All these people are supposed to do it for nothing?
Our economy is not imaginary..it is very real. It certainly needs some tweeks and adjustments on occasion.

Providing homes for people is not "for nothing". Yes our economy is an invention. Money has absolutely no inherent value. It only has value because we conceive of it having value. It's an invention, and like I said, it is an invention that allows some people to rationalize the act of kicking living breathing human beings out onto the street. It's the banking system and the concept of money that is not legitimate. It needs more than just some tweaks or adjustments. The very purpose of a civilization is for people to live and work together for mutual benefit. If the economy we use as a tool fails to provide even the most basic needs to each and every one of its citizens, then it is a failure. It is a failure of our minds and our ability to conceive of a better way to live.

It is always wrong to kick people out of their homes. Always. No appeal to our invented economy can ever change that.

I'd say that money is a "chit" for barter and a loan is a promise of barter, it makes keeping the books a lot easier also.

"The very purpose of a civilization is for people to live and work together for mutual benefit."

And what do we do with those that do not contribute to the "mutual benefit", hit them with the Bachmann philosophy (no work no eat) ?

Man is just another animal, on this rock, whose purpose is to mate, reproduce, and amuse himself until death. Science and technology have upset the natural balance of the world so I would put forth that civilization is the start of the end for man. (Damn I've done gone and went all Ted Kaczynski)

I agree. Though the materials are real there are many basics the "values" of things that are arbitrary, arrived at through some form of consensus, certainly not basic and absolute. Human values are what truly matter and -NOT- the numbers in some companies (which are -NOT- people) precious holy ledger books (the right-wingers truly holy books). Time this country remembered Life, Liberty, and the pursuit of Happiness, human values for people, not corporate greed.

you clearly have no concept of the causal relationships that resulted in the economic meltdown nor an imagination that could prevent it from occuring again

The builders and the people who are part of the real economy did get paid. The people who invented "money" and pretended to loan it to others at interest are part of the fake currency that people who don't understand economics call "economy". Btw they already got paid too and future tax payers will pick up the bill. You don't know what happened and you are assuming things that you pretend in your head is knowledge.

Sure I do. A factor in the meltdown was loaning money to people who couldn't afford the houses to begin with.

no need to get personal I am simply trying to give another point of view. Lets start from the begining. A person who wants a house lets say of $200,000. Not many people have that money in escrow so they go to a bank and "Borrow". the bank LOANS them the money to build the home. The logger, truck driver etc all get paid as a weekly paycheck from the money that was LOANED to the future home owner. The home owner after a fashion, for whatever reason, cannot pay the mortage. May i interpert your philosophy that the bank should GIVE the home away? If this became precedence why would the bank...or anyone loan money again? If you believe that banks should not be part of the equation people would have to save for 20 plus years to afford the house....This belief has some merit so if this is your point i will agree somewhat.

You are correct i do not know what happened in every case...but do you?

Time we broke with tradition and break them ! ( break with tradition and make them broke, perhaps ? ) +^d

Sounds good to me, remanns.

Thanks for the link !

You see, they should have let us stay in the tents... fools !