LivingLies: “And of course the declaration of intent is contained in a “notice of default” that is a complete legal nullity, to wit: it is declared on behalf of U.S. Bank and a trust neither of which have any interest in the loan.
In short, the courts are willing to bend every rule, break any logical flow, and divert every rule in order to rule in favor of nonentities just like this case. U.S. Bank had no right, title or interest in the loan, debt, note or mortgage and neither suffered any financial loss for nor was it exposed to any default declared or otherwise. And neither did any entity supposedly or presumably represented by U.S. Bank.”
Source: Interesting NY Decision on Acceleration: U.S. Bank N.A. v. Gordon, 176 A.D.3d 1006 (2d Dept. 2019)
LivingLies: While Judges recognize irregularities in the documents and procedures invoked in foreclosures, they are proceeding under the doctrine of “damnum absque injuria.” The judges are saying that there might be a violation but there is no injury because you owe the money and didn’t pay it therefore you should lose your home and the interests of justice are thereby served.
DC: Did you know you were gambling your property and personal data on Wall Street? Did anyone disclose to you, at any time, that this was not a traditional mortgage – but rather a securities transaction?
Source: Why Are All the Documents Fake in foreclosures?
LivingLies: “Citing “capitalism” as a defense no assassin would be set free because he killed for money. Nobody in their right mind would accept a defense of capitalism for someone who robbed, poisoned, shot, stabbed, or stole from a person or company if the defense was “I did it for the money.” That’s not capitalism. It’s robbery, assault, murder or theft.
Politicians manipulate us with labels. The goal is not capitalism or money. The goal is a better life. Capitalism has proved better than other systems at achieving prosperity, strength, consistency and quality, but it hasn’t been perfect. Like all systems it needs to be fine tuned continuously to make sure we don’t fall back into a feudal systems where a few mega rich people have all the power and use it to get more power by subjugating the rest of us.”
Source: Capitalism is Not Failing