More Lawless Behavior By Banks


It’s time for Gary Johnson to withdraw…..remember this?


Well it just took days for another example of lawless behavior by banks to surface — and to validate Bill Still’s assertion that the lawless behavior continues to this very day!

An audit by San Francisco county officials of about 400 recent foreclosures there determined that almost all involved either legal violations or suspicious documentation, according to a report released Wednesday.

Commissioned by Phil Ting, the San Francisco assessor-recorder, the report examined files of properties subject to foreclosure sales in the county from January 2009 to November 2011. About 84 percent of the files contained what appear to be clear violations of law, it said, and fully two-thirds had at least four violations or irregularities.

400 recent foreclosures (in other words, completed after everyone started paying attention to this stuff) and more than eight out of ten contained what appear to be clear violations of the law.

It is not a “mistake” to knowingly file false documents.  In most states it’s a felony, including in California.

It appears to be in Nevada too, given that they have an outstanding 606-count indictment on these very issues.

One of the most-outrageous abuses noted in the report is that in nearly half of all foreclosures studied (45%) the party selling a property at foreclosure auction was a “stranger” to the deed — that is they were not a beneficiary to the deed and thus the sale may be void and the new “buyer” may have in fact bought nothing!

So first it appears that financial institutions sold securitized paper backed by nothing, where the loans were never transferred into the trusts, and now it appears they’re selling deeds that they do not own, effectively selling worthless paper claiming to be title to a given house!

And still we have not only sitting politicians (e.g. Obama) and candidates claiming that “banks didn’t do anything illegal.”

This sort of game-playing is not surprising among Democrats and Republicans, but I will remind everyone that the Libertarian Party has a formal non-aggression oath that is required to be taken which states:

Members of the Party shall be those persons who have certified in writing that they oppose the initiation of force to achieve political or social goals.

I have signed that oath as a delegate and as a consequence was bound by same at the time of my recent election to the Florida State Libertarian Party EC.  At the national convention, should I attend as a voting delegate as I have indicated my intent to do, I will be expected to again affirm in writing my adherence to this oath.

Fraud is a form of force.  Unlike the DemoPublicans, you cannot be a member of the Libertarian party, and you should not be able to run as a candidate under the Libertarian banner, if you do not actively oppose the initiation of force in all of its forms, including fraud.

Dismissing that which is widely reported and, in the case of the over 100,000 withdrawn “robosigned” affidavits, admitted to (you wouldn’t withdraw something you didn’t believe was in fact defective!) is an outrage that the party and its delegates must not allow to stand.

I therefore call for Gary Johnson to withdraw from the Libertarian Presidential race.

The opinions expressed in this piece are the author’s own and have not been approved by or discussed with any political party or candidate.

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