Lobbyrats 3 Americans 0 – WRITE This Wrong!

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  • Sat, Oct 09, 2010 - 01:52am

    #21
    Peak Prosperity Admin

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    Re: Lobbyrats 3 Americans 0 – WRITE This Wrong!

[quote=Ken C]

I just tried to call the White House. I was too late to comment on the phone so I sent an email. I sure hope this is not another back door scheme by the bankers to rape the people.

[/quote]

Why would they use the back door when the front door, in broad daylight even,  serves them so well.

  • Sat, Oct 09, 2010 - 02:17am

    #22
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    Re: Lobbyrats 3 Americans 0 – WRITE This Wrong!

More Rats:

  • Sat, Oct 09, 2010 - 03:49am

    #23
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    Re: Lobbyrats 3 Americans 0 – WRITE This Wrong!

[quote=Davos]The banks jacked up the paperwork when they decided to blow up the economy with subprime loans. Jacked up as in: botched up getting the notes – the borrower IOU’s stuffed into the trusts. That caused them (servicers and attorneys) to forge court papers.

My anger is two fold: 

  1. If the banks can’t abide by the law then TFB. Write it off, go BK. 
  2. Congress should be going after the criminals not weakening the title system to protect criminals.
  3. Obama should try to grow a pair and veto it, not this pocket cutesy BS veto.

Also, you might want to read the other side of this mess, as in the selling of the derivatives. The banks have jacked this entire thing up, from blowing up the economy to blowing up pension funds. 

[/quote]

I guess I’m still confused.  How would allowing one state to accept a notarized document from another state that has less stringent rules about notarizing documents weaken the title system?

I don’t see anywhere in what I’ve read of this bill where it would allow forged or faked on not notarized documents become legally binding.  It only appears to allow/mandate that notarized documents from one state be acceptable in another state.

it’s not as if this would allow the foreclosure process to happen without the correct paperwork being filed (and notarized), as far as I can see.  Or suddenly allow foreclosures to happen by “sending a postcard notifying you your house has been foreclosed on”, or allow servicers to forge court papers.  if a notary was found to have notarized something they didn’t actually witness, that is still illegal, and I don’t think this changes that, does it?

I agree that Wall Street caused this whole mess with the subprime orgy over the last decade, but I fail to see where this bill allows banks to “not abide by the law”.

  • Sat, Oct 09, 2010 - 03:52am

    #24
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    Re: Lobbyrats 3 Americans 0 – WRITE This Wrong!

From Ozymanithrax:

“The Constitution has this to say:

Every bill which shall have passed the House of Representatives and the Senate, shall, before it become a law, be presented to the President of the United States; if he approve he shall sign it, but if not he shall return it, with his objections to that House in which it shall have originated, who shall enter the objections at large on their journal, and proceed to reconsider it. If after such reconsideration two thirds of that House shall agree to pass the bill, it shall be sent, together with the objections, to the other House, by which it shall likewise be reconsidered, and if approved by two thirds of that House, it shall become a law. But in all such cases the votes of both Houses shall be determined by yeas and nays, and the names of the persons voting for and against the bill shall be entered on the journal of each House respectively. If any bill shall not be returned by the President within ten days (Sundays excepted) after it shall have been presented to him, the same shall be a law, in like manner as if he had signed it, unless the Congress by their adjournment prevent its return, in which case it shall not be a law.

 

Under the Constitution, the President must return the bill to the House that originated it. HR3808 originated in the House of Representatives… Since the bill can not be returned to the House of Representatives because they have adjourned, the pocket Veto will work. Let the Bankers take it to court.”

and

Look, I know the Constitution is only a piece of paper…

that Bush probably wiped his Tush with.

But I will stand by it, even in the face of “Some Web Sight.”

  • Sat, Oct 09, 2010 - 03:55am

    #25
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    Re: Lobbyrats 3 Americans 0 – WRITE This Wrong!

[quote=JustinChase]

[quote=Davos]The banks jacked up the paperwork when they decided to blow up the economy with subprime loans. Jacked up as in: botched up getting the notes – the borrower IOU’s stuffed into the trusts. That caused them (servicers and attorneys) to forge court papers.

My anger is two fold: 

  1. If the banks can’t abide by the law then TFB. Write it off, go BK. 
  2. Congress should be going after the criminals not weakening the title system to protect criminals.
  3. Obama should try to grow a pair and veto it, not this pocket cutesy BS veto.

Also, you might want to read the other side of this mess, as in the selling of the derivatives. The banks have jacked this entire thing up, from blowing up the economy to blowing up pension funds. 

[/quote]

I guess I’m still confused.  How would allowing one state to accept a notarized document from another state that has less stringent rules about notarizing documents weaken the title system?

I don’t see anywhere in what I’ve read of this bill where it would allow forged or faked on not notarized documents become legally binding.  It only appears to allow/mandate that notarized documents from one state be acceptable in another state.

it’s not as if this would allow the foreclosure process to happen without the correct paperwork being filed (and notarized), as far as I can see.  Or suddenly allow foreclosures to happen by “sending a postcard notifying you your house has been foreclosed on”, or allow servicers to forge court papers.  if a notary was found to have notarized something they didn’t actually witness, that is still illegal, and I don’t think this changes that, does it?

I agree that Wall Street caused this whole mess with the subprime orgy over the last decade, but I fail to see where this bill allows banks to “not abide by the law”.

[/quote]Clearly I need to ask you: Did you watch the video(s) I posted? Did you catch the x number of notaries signing off on y number of documents? & Yes, this bill, from what I’ve read, would allow them to change that.

 

  • Sat, Oct 09, 2010 - 08:00am

    #26
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    Re: Lobbyrats 3 Americans 0 – WRITE This Wrong!

I am not sure how this will affect the pocket veto and the 10 day period but the Senate’s website says they will convene for a pro forma sesssion on Oct. 12

http://www.senate.gov/pagelayout/legislative/d_three_sections_with_teasers/calendars.htm

  • Sat, Oct 09, 2010 - 08:23am

    #27
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    Re: Lobbyrats 3 Americans 0 – WRITE This Wrong!

This whole “pocket veto” is just to confusing. There have been several Supreme Court cases that have ruled  differently. The main theme is what constitutes when Congres is out of session. Some seem to think congree needs to adjournment sine die. Others think if its for a short period or intersession and intrasession adjornments. However congress can still appoint agents to receive the veto even when they are out of session.

Either way a pocket veto seems to be a cowards way out. Obama should just veto the bill and return it to Congress where it origanated.

http://en.wikipedia.org/wiki/Pocket_veto

  • Sat, Oct 09, 2010 - 09:42am

    #28
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    Re: Lobbyrats 3 Americans 0 – WRITE This Wrong!

[quote=doorwarrior]

Either way a pocket veto seems to be a cowards way out. Obama should just veto the bill and return it to Congress where it origanated.

[/quote]

Which makes me think that Obama is in on the end run of possibly making this a law  in spite of the “Pocket Veto”

He too wants to be able to have the cover of not approving the bill but “somehow” it became law anyway.

  • Sat, Oct 09, 2010 - 12:17pm

    #29
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    Re: Lobbyrats 3 Americans 0 – WRITE This Wrong!

The authoritative Library of Congress site which tracks the status of legislation now states about H.R. 3808:

Latest Major Action: 10/8/2010 Vetoed by President.

http://thomas.loc.gov/cgi-bin/thomas

Enter ‘H.R. 3808’ in the search box at the above link. 

Don’t ask me about the legal details of adjournment (maybe it suffices for the House to be in adjournment). But I would be shocked if the Library of Congress and the president’s blog were wrong about the veto. That would be a major embarrassment for them.

  • Sat, Oct 09, 2010 - 01:44pm

    #30
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    Re: Lobbyrats 3 Americans 0 – WRITE This Wrong!

After re-reading several of these comments (including mine) it really is a sad situation to think that many people (me too) have so little trust in the government now that we look to see how they are trying to screw us again and pretend not to be at fault.

I have never seen trust in government at all levels to be at such a low point.

 

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