SCREWING UP TITLE EVEN MORE: FANNIE AND FREDDIE OFFLOADING PROPERTIES IT DOES NOT OWN

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EDITOR’S COMMENT: THEY JUST DON’T WANT TO GET IT, DO THEY? After years of evidence and proof disregarded in courts because of “say it isn’t so” thinking, the former GSEs, now entirely nationalized by our government are trying to sell the property they don’t own, but are pretending to own, adding to the pretender lenders’ claims of ownership and foreclosures.

Here is it is pure and simple: The properties in question were not foreclosed, not subject to auction, and not sold. The deed from the bogus auction is void. It is, in the parlance of title examiners, a wild ded, because the chain of title is (a) filled with gaps (b) filled in with forged fabricated documents or (c) BOTH.

submitted by E. Tolle

The Federal Housing Finance Agency (FHFA), is seeking input and ideas on how to liquidate the current huge inventory of owned real estate (REO) currently held by FHA, Fannie Mae and Freddie Mac. Here is your chance to be heard. The FHFA, the conservator of the two government sponsored enterprises (GSE) in conjunction with the Departments of Treasury and Housing and Urban Development (HUD) are requesting options for selling or otherwise putting the houses into useful service. The three issued a joint Request for Information (RFI) on Wednesday soliciting a range of ideas, including a transition of REO properties to rental use.

http://www.mortgagenewsdaily.com/08102011_gses_reo_inventory.asp

So, what this means is they are looking to offload up to a billion dollars worth of foreclosed homes at a time to investors (read:elite) with the express desire that these homes be rented to us. Geithner said, “Exploring new options for selling these foreclosed properties will help expand access to affordable rental housing, promote private investment in local housing markets, and support neighborhood and home price stability.”

People, please look hard and see what is really going on here. Wikipedia:

Rentier capitalism ~ a term which refers to a type of capitalism where a large amount of profit-income generated takes the form of property income, received as interest, intellectual property rights, rents, dividends, fees or capital gains.

The beneficiaries of this income are a property-owning social class who, it is argued, play no productive role in the economy themselves but who monopolize the access to physical assets, financial assets and technologies. They make money not from producing anything new themselves, but purely from their ownership of property (which provides a claim to a {never ending} revenue stream.)

Often the term rentier capitalism is used with the connotation that it is a form of parasitism or a decadent form of capitalism.

Hmmm…parasitism? Folks, a simple examination of basic life sciences shows us what type of relationship we, the actual workers of society have with this financial class known as the rentiers.

Biology 101 teaches us that symbiosis is defined as “life together”, i.e., two organisms live in an association with one another. Science further refines these relationships as such:

1. Mutualism. Both members of the association benefit. ~ I don’t see that here at all. The workers hoe the rows while the rentiers lease us the land and sell us the products that we produce in their factories. Oh, and they fix the judicial, the regulatory, the legislative, and the administration so as to foreclose on us, forcing us all to become their renters for life. Nope, not mutualism.
2. Commensalism. There is no apparent benefit or harm to either member of the association. ~ This doesn’t fit either. There’s plenty of harm when the lower and middle class lose their life savings and homes all the while watching their incomes drop and the cost of necessities like health care and food climb skyward, and the rentier class could be described as the causation of every bit of that nasty stuff.
3. Parasitism. The term parasite refers to an organism that grows and feeds upon its host while contributing nothing to the survival of its host. ~ AHA! This explains the relationship perfectly! By leveraging upon our toil and sweat and buying swaps against everything we do in life in the real world, the elite contribute nothing of any value towards life on planet earth. Parasitic pathogens one and all.

So, armed with the biology behind this life threatening scenario, what does a society riddled with parasitic life do with this new found knowledge? Are we doomed to a bloody revolution as Christine feared? No, not presently. There’s another way just prior to that big nasty. And it’s simple really. A peaceful social coup d’état. To keep with the biological reference, we simply foster lifestyles that will cause inducible defenses to kick in. This will cut off the energy flows that are supplying the parasites that are sucking the life force out of the masses. For if you believe anything, believe that none of these agents of destruction can function without our labor and our energies (monies,as well).

How do we achieve this? Spread the word for everyone ever where to immediately stop any and all dealings with Bank of America, Chase, Citi, Wells, Sachs, Morgan Stanley, and any other entity that’s too big to fail or is even remotely menacing looking, you know….ivory towers and brass bulls (sp?) and all. Oh, and vote out the incumbents, no matter the party. They’ve had their free ride and proven themselves totally unworthy of support on both sides of the aisle. Better to start with nothing than to relive the nightmare over and over again.

Don’t think it can happen? Read what the women of Versailles were capable of, under similar circumstances with similar elites:

http://en.wikipedia.org/wiki/The_Women%27s_March_on_Versailles

Whatever happens, don’t buy into to the incessant talk coming from the Paulsons and Geithners and Dimons and Daleys and Summers and Rubins and Fromans and Obama’s of the world, as they’ll do or say anything to maintain privilege and status. Their talk is eerily comforting as if they truly believe what it is they’re saying, yet, it’s all lies. They all share one commonality, a desperate fear of actually having to work for a living shoulder to grind, all the while losing their gated communities and lavish lifestyles. Sure they can push deals that pillage, rape, and take homes by the millions, but that’s the extent of their elaborate dog and pony show.

These same people, only with different names this time around, have been pillaging the masses on a consistent basis for generations. We’ve all simply watched as they’ve helped themselves to the mineral wealth of untold numbers of third world nations. They take the food products. They take the oil, believing that the locals are too stupid to value it as we do, so…. why not take it? We see it now in the military actions of this class to topple world leaders that stand in the way of their goals.

It’s readily apparent in the total lack of news on the backstory as to why so many U.K. youths and Arab citizens are disaffected and resorting to rioting. And we as a planet stand on the verge of an austerity package to be handed to ALL OF HUMANITY! Why? Because the rentier class behind the curtain flat out refuses to lower the interest payments that they believe are due to them on our money that our politicians have borrowed from them, plain and simple.

Only by withdrawing the funding that feeds these freeloading bloodsuckers can we the people return to fair incomes; with ample time spent nurturing our children, living in our own homes, caring for our elders, lending a hand to our neighbors, and stopping more often than not to smell the flowers. Without all that it’s just not worth the trouble.

We will NOT surmount our problems until these rentier capitalists are flushed from the cesspool they’ve created at our expense with our sleepy approval. It’s time to awaken and kick some ass. Otherwise, be content to rent your souls, as they’ll figure out a way to leverage those soon enough as well.

Tags: bankruptcy, borrower, countrywide, disclosure, Fannie, Federal Housing Finance Agency (FHFA), foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, Freddie, LOAN MODIFICATION, modification, quiet title, rescission, RESPA, securitization, TILA audit, trustee, WEISBAND
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