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Foreclosures on People Who Never Missed a Payment
January 15th, 2012 | 
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Yves Smith: Mortgage service industry makes more money from foreclosures than restructuring debt
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So if your neighbors decided to steal your car, sell it, and pocket the money, that would be OK since “everyone decides”, not the person with actual earned authority over the car (you)?
Greed, the driving force behind innovation and hard work, is a necessary as air to the future of humanity. It’s how people improve their lot.
The basic fallacy of socialism is the bizarre notion that people will strive for rewards they know will be stolen by the government, for distribution to couch potatoes.
ht tp://w w w.winknews.c om/Local-Florida/2011-06-03/Tables-Turn-Deputies-and-movers-show-up-at-bank-to-seize-property-for-homeowner-#ixzz1OP0TVDeR
Bank of America FORECLOSED ON! Assets seized after fake foreclosure in court is defeated & HOME OWNER FIGHTS BACK AND WINS
@Pygar2 Greed does NOT WORK, does no work, has never worked, produces nothing. Greed is fundamentally taking with no work. period.
Profit does NOT MAKE THE WORLD GO ROUND. IT RAPES PEOPLE. Loss & avoidance of loss is not the inverse of profit; this loss mechanism feedback is what drives evolution & makes the world go round. Your THEFT MARKET is stealing MY TANGIBLE THINGS, STEALING MY ENERGY to feed itself using FRAUD. Guns will fix that. Guns it is
Heads Up! Economist Michael Hudson Video: v=A10bor8FBAk
Also Google and download his free book called: LOST-TRADITION.pdf
IMPORTANT!!! Watch “A HOME FIT FOR ROYALTY”
@MissTia777 I guess you stopped reading my post at that point, or you would not have bothered. From greed, progress. From being a couch potato, no progress. The pursuit of profit keeps people on the ball. It is possible to do wrong things in the pursuit of profit, especially if government makes legit profit harder to make. But that doesn’t have anything to do with the masses of people who strive to get ahead, and deserve the profit they earned. As well as the right to do with it as they please.
@Pygar2 Greed is good? In the eyes of WHO??? Greed leads to theft and loss and consequences! Are a money worshipping lunatic from Enron, World Com, or Health sport and STILL didn’t learn your lesson? Are you Bernie Madoff’s apprentice?
Respond to this video… “Punish success”? Who would bother getting up in the morning to go to work (for example) importing coffee and oranges, if they will earn precisely as much vegging out in front of the TV?
Greed actually *is* good. Greed actually *does* work. Profit makes the world go round. Even Marx’ own wife admitted he should have been earning capital instead of writing about it. And I bet he didn’t give his book away for the price of the ream of paper, either.
@ytgv3fc7 Theft? Like confiscation of stuff that doesn’t belong to you? Are you advocating theft or against it? If you are for theft, you can stop griping about things you think are theft. If you are against it, stop pretending it is OK for you and your neighbors to do it.
@ytgv3fc7 Gee, and all that time all those people in Siberia were volunteers? Who would have known…
@ytgv3fc7 “since barter is VERY good for modern life and I use it all the time, it will continue to work.”/ “I have indeed had a thugocracy tell me “take that money” – it’s called a legal tender law – it makes it “illegal” for me to refuse cash and demand something else in payment. it’s the law and you go to jail and court for trying anything else”
Make up your mind. First you agree with me, then call me a liar for saying what you just said.
@Pygar2 I have indeed had a thugocracy tell me “take that money” – it’s called a legal tender law – it makes it “illegal” for me to refuse cash and demand something else in payment. it’s the law and you go to jail and court for trying anything else. IT’S THE THUGOCRACY LAW. I can’t say “only gold is money in this business place” by law. EVERYONE ELSE has had the gun put to their head – it’s ILLEGAL. YOUR LIES FOOL NO ONE.
@Pygar2 money is a store of value, dead bugs are not. No amount of agreement can change this, no more than a contract negating gravity. It’s nonsense garbage talk again from a sociopathic liar as yourself. Gold and silver have STORAGE OF VALUE intrinsic properties that paper money does not. WHEAT and land have these values as well. Stored oil has this value. You are talking about CURRENCY ONLY which is NOT MONEY as it can not (does not) store value.
@Pygar2 this is so much more important than “re-allocating” wealth – this is so important we need to create a system which actively seeks those in the act of accumulating mass wealth at the deprivation of others and stops them IN THE ACT before the total is accumulated. It’s too late to chase the millionaire or billionaire thief – every act of theft must be tracked and hunted and before the act is complete it must be stopped. We must admit the truth NO ONE works so hard to be worth so much EVER
@Pygar2 a proper sized market has NO theft and fraud; most markets are 90% theft and fraud. POVERTY is an indicator that people have too much; for every person who is poor, for every thousand people who are poor, there are resources they were denied which are in the hands of ONE rich elite. This is raw physical evidence that person did take too much and that proves we MUST stop this from happening AT ALL TIMES. It’s criminal to allow such accumulation of assets. It PROVES A CRIME.
@Pygar2 oh I see, you’re going to lie, then lie about lying, then lie some more.
One is socialism because it NEVER at any time EVER squeezes money out of people, and I said so and then you lied about it, and the other IS NEVER SOCIALISM because it’s FEUDALISM, FASCISM, CAPITALISM mutated into either. I DECIDE WHO HAS TOO MUCH. SO DO MY NEIGHBORS. EVERYONE GETS TO DECIDE. The market should be locked down, made smaller and kept that way by absolute FORCE to keep us safe. YOUR market=THEFT
@Pygar2 “I proved you wrong by pointing” Noo you proved YOURSELF wrong by using a lie to back another lie and I called you out on it and PROVED YOU WRONG AGAIN.
Free markets are not punished EVER; FREE MARKETS ARE THE PUNISHMENT. You can not show one instance in the history of all man-kind EVER where free markets are punished. IT’S NEVER HAPPENED EVER.
@ytgv3fc7 I have never had a government thugocrat point a gun at me and say, “accept that money”. Neither has anyone else.
Gold? Silver? Engraved paper? So long as both sides of the transaction agree that the symbol of trade is acceptable, it doesn’t matter which you use. If everyone decided tomorrow that dead bugs were an acceptable symbol of trade, dead bugs would be money.
@ytgv3fc7 Oh, I see. One is not socialism, because it involves the government squeezing money out of you for someone else’s benefit. The other IS socialism, because it involves the government squeezing money out of you for someone else’s benefit.
Who decides what person has too much? The person? Some government thugocrat? “Too much money to invest” never actually happens; Socialism: money that should be at work in the stock market, promoting jobs, gets sent to couch potatoes.
@ytgv3fc7 You said “and for that matter the biggest thugocracy in the history of all the world is profiteering.”. I proved you wrong by pointing out that the biggest thugocracy punished free-marketeers.
@Pygar2 “The government is trying to make it illegal not to purchase medical insurance, for whatever the companies feel like charging. This is socialism,”
This is NOT socialism and never can be ever.
Socialism is the pure and ONLY transaction of moving money / assets from one source that has too many to EVERYONE else to ensure survival. Nothing else is socialism, nor can it ever be.
You’re talking about FASCISM, they are NEVER the same.
@Pygar2 “No one is going to send you to a “Siberia” for not engaging in free trade.”
on the contrary, I didn’t pose the question so your answer has no meaning.