Oct. 19th, 2010

wow.

Oct. 19th, 2010 10:37 am
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I came across the article One Nation Under Fraud via Obsidian Wings and it left me completely gobsmacked. And laughing, mostly in a slightly hysterical, I-cannot-believe-this-actually-happened kind of way. To the point that I read out the article - the entire 7 pages of it - to Dean. Who was also sitting there laughing in the same way. It's a scary article about the US mortgage crisis. Some highlights:

Tomorrow, a bank—not your bank, but any bank—could evict you from your home. Even if you didn’t know the bank was foreclosing. Even if your mortgage is paid off. Even if you never had a mortgage to begin with. Even if the bank doesn’t hold a single piece of paper that you signed. And major banks not only know this fact, but have spent millions of dollars to defend it in court.
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