As the world implodes

First up, I read that the mood swinging BofA has decided to go ahead and displace more families swaggeringly confident they are in the right to do so. Their long legal arms must have assured them they've got it covered. We'll soon find out how as this latest 911 works its way through the courts. Between you and me, I've known all along there was something fishy going on because there was a chart published in the LA Times made by Realtytrac that showed all the homes in foreclosure with the typically horizontal red line zigging up a little and zagging down a little until year 2007 where that red line went straight up through the top of the chart - off the charts indeed. I saved it and looked for it many times since, but it was lost in the hard drive meltdown from last year and appears to be deleted from media archives. The past week's staggering revelations about the legalities of the paperwork on property ownership renewed my study of the situation and discovered the problems coincide with the advent of MERS. Shocking. Not. Of course you know about MERS.

From Wiki:
... MERS (Mortgage Electronic Registration Systems) ... is a privately held company that operates an electronic registry designed to track servicing rights and ownership of mortgage loans in the United States.[1]

MERS role in facilitating mortgage trading was relatively uncontroversial in its early days a decade ago but continued fallout from the subprime mortgage crisis has put MERS at the center of several legal challenges disputing the company's right to initiate foreclosures. Should these challenges succeed, the US banking industry could face a renewed need for capitalization.[4] ...

Right away, you get the picture, technology (progress, growth, electronic TRACKING) eavesdrops again, without warrants. Corporations don't need warrants? When personhood doesn't need a warrant, perhaps they can just make some citizens arrests? Hey, its not really spying, naw. An elephantine disaster has re-emerged that We the People must be responsible for cleaning up, no one has said this but that is the only way it will ever be resolved exactly as everything else is resolved, the burden of proof and the burdens of the poor pitted against huge could-care-less giants require WE have to stand over their shoulders and physically point out what is wrong with this and what to do about it and do it. We the People do not have an in house crack legal team waiting in our backyard sheds. Now all these human beings affected by this disaster are on the bandwidth all the time desperately looking for answers when the answer was there all along. While MERS is not Angelo Mozilo, MERS part in this crisis is telling: Suddenly there rose on the horizon a roster of all the humans in houses and malls. Now when you want to be very, very wealthy, all you have to do is buy the lists and pick a few obvious marks. Start with unemployed, non-English speakers and so forth. And when that kind of marksmanship runs dry, why you can switch right over to CRE of which the entire landscape of North America has been filled-in as convenience services for all the barrel-tiled gated communities with central vacs in every room.

Does anyone recall how excited the real estate industry was when they'd been trawling the populace for more potential home purchasers and proudly announced their new targets were to be single mothers and illegal immigrants? For so many, it was love at first site.

While I'm at it, I credit Charles for his introduction to MERS. Its so perfect a tool for the Bankers it could go down in history as important as the Pasteurization of cows' milk. It is where we are going with everything, and in this I include the preferred customer discount card readers, credit card records, electronic medical records, etc., all of which give rise to yes, identity theft because as nice an employee as Joe Schmoe appears, you never really know who you are dealing with until its too late and as with Robo Signers, former burger flippers, it was too late on the grandest scale ever. And you thought Choicepoint was something. Wake up. Ice Nine time.

Many blogs and real news sites are working this one, so visit them and get informed. I'm not a news site really and the whole thing tends to nauseate me. When are they going to bloody knock off this shit? It is a miracle of God I am not in that world at all. What l've read and seen is replayed over and over every bi-monthly trip into a tiny, but densely populated area for supplies and still it brings on nausea. I see it live playing out among the people, many of whom think problem solving consists of forgetting about the problem and driving faster and more dangerously to get nowhere.The weirdest are usually in front of the box store which has taken to putting a quick-sale section in their oversize and empty parking lot. There wandering in a daze, are the snaggle toothed in flip flops with curlers and their daughters and vacuous husbands arms loaded with dollar plastic junk and family size bags of potato chips. Guess they're not cutting back. For people who have been poor all their lives, nothing has changed, however, inflation followed by hyperinflation will change all that. Where will they go? Some of the farmers sold their livestock because they could no longer afford the feed. When people get raw to the bone, when there is nothing left to sell, then we are in Migrant Mother territory with a company store where you can owe your soul. Yes, I will paint it. Now these new Okies, formerly home owning innocents caught in someones idea of oneupsmanship, could be anybody from anywhere so all the rules still apply. I.e.; some still won't get it. Order will have to be maintained, so Darth and Erik will have their people on the scene just in case you were romanticizing about freedom at last.

What is going on in France, in its 6th day, are some very angry human beings gathering and holding signs in large numbers because the retirement age is being raised meaning delayed expectations. It is interesting these protesters are being labeled as dock and refinery workers and any article you read soothingly explains in the ending paragraphs they have many ships waiting to offload plenty of fuel oil, yet, planes are diverted from landing and many gas stations dry. Hmmmm. It wouldn't be that some of the protesters are fuel oil people and some of them are everybody else that sees trying to survive on reduced pensions with severely limited fuel supplies spells the end of any creature comfort no matter how small?

... Fuel shortage fears

Since September 27, strikes against pension and port reforms at oil depots in the south of the country have left 63 oil, gas and chemical tankers waiting off the Mediterranean coast, Marseille port authorities said. ...
Strikes put pressure on petrol and diesel supplies across the country, notably when supplies to Paris's regional and international airports were cut on Friday, but the pipelines running south from Le Havre were reportedly working again by late on Saturday. ...
Christine Lagarde, the economy minister, urged people not to panic over petrol supplies, as the country had ample stocks for now. ..."We have reserves," she told France's RTL radio, adding supply problems had affected 230 petrol stations out of a total 13,000 in the country. "People mustn't panic."...
Police were able to break up blockades at three fuel depots in southern France, easing some of the pressure at petrol stations, but that has not eased fears of a fuel shortage.
"People are panic buying. We’ve seen long lines of motorists queuing at filling stations," Al Jazeera's Harry Smith, reporting from Paris, said. ...
Lorry drivers are heavyweights in the realm of French protest movements and have announced their intention to join the protests. ...
Maxime Dumont, the head of the CFDT union's lorry drivers' section, said drivers could block fuel depots and food warehouses and clog roads by driving slowly.
Trash collectors in Marseille have also joined in the strikes, burning rubbish in the streets. ...

They could be us. In the not too distant future. One thing we do not have in common with the Great Depression is the end of easy oil. I am convinced everything that is a crisis and the reason it is mushrooming is because we are past peak, which some would compare to our Saigon moment, but again, it is not comparable as we are witness to the slow death of humanity/integrity, lost in an electronic detour on the way to self-extinction. Worse, all along we knew it did not have to be that way. There was a better way, just not corrupt enough to satisfy the representative-selves of the courtiers currying the King's favor, the King's representative-self, of course, being under the delusion he was high born. High-born. Heh. That will make lots of difference when we're all gone.

... These are the big fish

Who always try to eat down the small fish,

just the small fish.
I tell you what: they would do anything
To materialize their every wish....

from Guiltiness by Bob Marley | Exodus LP