     |
|
|
|
Detailed market commentary at The Market Ticker and Ticker Classics
(The Year 2012 In Review) Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here. BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)  RSS available
You are not signed on; if you are a visitor please register for a free account!
|
||
| MarketTicker Forums Single Post Display (Show in context) |
User: Not logged on
|
| Top | Login | Control Panel | FAQ | Register | Logout |
| User Info | Bank of America Settlements Impede Fraud Probe . . .; entered at 2012-01-26 14:31:26 | |||
|
Degaston Posts: 2264 Registered: 2007-07-27 
|
One thing the people need to understand that the federal government really has almost zero power when it comes to property law. As soon as the local/state legislators/executives get that through their heads then the federal cartel on collateralized lending will lose its grip, at least on a local basis. It would take the "all power must belong to the federal empire" zealots a decade or so to try to ram through the federalization supremacy powers through all 3 branches of the federal government to overrule the states/locals on this. Where the rubber meets the road on collateralized lending is when the sheriff enforces an eviction court order that's based on a foreclosure on a lien that was validly recorded by a party who was in good standing on that property and in good standing to do business in the county/state where the property is located. If they're obstructing a fraud investigation in the name of "federal settlement" they can certainly be redirected on all transactions through a process that the state/local gov(s) use for any entity that's having trouble being fully compliant with state/local gov(s) fraud investigations. Just as the state/local gov(s) in Utah kept way ahead of the local/territory officials during the 1879-1890 era when the Mormons were openly practicing polygamy and getting away with it in defiance of all 3 branches of the federal government. 2012-01-26 14:31:26
| |||