Thursday, October 07, 2010

What's in your wallet?

By Capt. Fogg 

The prospect of foreclosure is frightening enough to the many people who are having trouble making mortgage payments and who fear losing their homes. It's frightening enough without the prospect of strange men crashing through the back door in the middle of the night. Even worse for some people here in The Sunshine State, folks who are simply a bit behind in payments but who are not in foreclosure have been treated to a surprise breaking and entering by representatives of one of those banks that love to advertise how they're on your side.

Listen to the 911 call from one frightened woman and put yourself in her position and ask yourself what you would do if the man in black kicked in your door. I certainly know what I would do, and what the law allows me to do to a possibly armed unannounced midnight caller. It would involve more than an angry letter to J.P. Morgan. The hired thugs of our friendly banking industry have done worse than frightening people half to death in a way Pauly Walnuts could only envy. There are stories of home invasions at wrong addresses and one Jason Grodensky from nearby Ft. Lauderdale, Florida with the good fortune to have no mortgage at all had his house foreclosed on by Bank of America.

What's in your wallet? 

The publicity has been bad enough that major banks are curtailing foreclosure viking raids or freezing foreclosures entirely for the moment. Nancy Pelosi and some 30 Democrats in the house are calling for an investigation in their typically socialist way and Attorney General Eric Holder has announced he will be looking into it. Bloomberg News reports that some seven states are investigating charges that false documents and signatures have been used to justify hundreds of thousands of possible fraudulent foreclosures and their attendant Viking raids against surprised and terrified homeowners. 

So it's all going to be taken care of right? The Democrats are on the side of the people and against those huge, ugly hordes of corporate Visigoths and their paper battering rams, right? They control the Senate and the House and they'd never let the Republicans rubber stamp the right of Corporate Huns to lie, cheat, and bypass every code of human decency since the Code of Hammurabi and the Proclamation of Telepinu -- right? 

Don't be too sure, because a bill that may do just that now sits on President Obama's desk that somehow oozed through our lefty, anti-business, death-to-Capitalism Congress. Stalled in the Senate Judiciary Committee, Democratic Senator Robert Casey used some obscure procedure to take the bill away from the Senate Judiciary Committee and the Senate then immediately passed it without debate and by unanimous consent. There was no one in the gallery to sing "Whose side are you on?"(Cross-posted from Human Voices.)

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