Originally posted by DancedWithWolves
This is huge. This represents the first time we have an elected official standing up against the procedures which have no safety net built in to preserve homeownership for families who are facing this economic crisis along with the big boys.

Not true . . . please read the court case to which I linked above.

I wish I could star and flag this sheriff.

As far as I'm concerned, it's just another way that "we the people" can stick it to these fat cats for trashing our economy.

Sure the companies are "paying the price" as their stocks tumble, but the corporate big wigs are still cashing checks with lots of zeros on them.

In starting this thread, I am not applauding him. I think it is great that someone stands up, and that I applaud, but will it fix the situation ? No.

I think if banks did what I mentioned earlier , about forgiving months then adding to the end of the loan, could really help the situation.

It lets people catch up on the bills, and I bet we would see a drop in foreclosures , and start to see some repair. Not a golden ticket, but one that would help.

I know banks are in for profit, but look how much they are loosing now as a result of their practices. They are folding. Sometimes helping other people is helping yourself.

Ama

I applaud Tom --finally someone working for the people and not against for once. Tom is truly a patriot for the human race! It's really refreshing to see something like this in a world of greed and back-stabbing.

I wonder how long it will be now until he's relieved of duty and someone taking over who will carry out the wishes of the banks and what not.

Keep an eye on this and if he gets let go, or fired, I say EVERYONE email and call and voice your displeasure. A random act of kindness means alot more with support of and by the people.

Living in a house and not paying for it is stealing. The cops are ignoring stealing? If that is the case I will go there and rob a bank. Anarchy is here.

So it's nice that people can stay in their homes without paying the mortgage, but who is going to pay for it? In the end it will contribute to more layoffs because the banks that held the mortgage couldn't get the monies owed to them. Next you will want to walk into the stores and get free food, clothes, etc. This is not right, and regardless of whether he thinks it wrong or not, the law is the law. They are there to keep things running smoothly in the economy. Those too ignorant to see that are part of the problem.

Sweet! I'm going to move there so I can have free housing. Why would anyone there make a single mortgage payment from now on?

I have to confess I didn't read the whole thread, but this sherriff refusing to evict homeowners won't last long. The banks can go to court and get the law enforced, and then if the sherriff continues to refuse to evict people he'd be held in contempt and would probably lose his job. Even if he didn't lose his job the banks would simply ask that the law be enforced by another law enforcement organization, such as the state police.

There's not much else that could be done. Courts are about enforcing and interpreting the law, not supporting people who break it because they (the court) might happen to agree that a law is wrong. They are not legislators. So unless this sherriff can come up with a legal justification for what he's doing, this is not likely to last more than a week or two.

I see where you are coming from, but it depends on how you look at it, you can say 'it's the law', but it has been shown time and again that the law is there to protect the companies/government from the people (pertaining to admiralty law, not common or equity, although, IMO, equity law was a 'step towards' the admiralty, weening if you will).

If you go in and rob your local grocers, then, how is that 'sticking it to the man'? We are suggesting that we show the banks that we can't be bullied by them, we have been put in this situation by them, not us, we've been good little people, we spend and pay taxes, have done for centuries, they on the other hand, have spent, spent, borrowed, spent, borrowed and spent some more and how much of this was for the people? IMO, some, but no where near the amount they where taking off us.

IMO, this is all leading to the centralization of the gloal banking system to 'regulate and oversee the operations for the good of the people' (Well that depends, on who the government are working for, us or the banks? IMO, we have been shown clearly it ain't us.), this in turn will introduce the need for a one world government, to implement this oversight, as we won't be able to choose just one, or a handful.

Edit to add: These past few years, as times have been getting harder for the average citizen, the DoD's (not sure about other countries atm) is spending something like 6 times hitler did before WW2, on their arms build up, IMO, that is where all your tax is going.

[edit on 8-10-2008 by ElectroMagnetic Multivers]

Originally posted by TH3ON3
They are there to keep things running smoothly in the economy.

Workin' out great, isn't it?