Judges in Florida have been particularly notorious, and new rulings show at least some members of the Florida judiciary seem more committed to speeding foreclosures through to completion than anything else. For example, Florida’s infamous “rocket dockets,” in which a foreclosure case can take mere seconds or a few minutes to complete, continue. The Florida Supreme Court acted last February to improve the integrity of its process by requiring foreclosing banks to verify the accuracy of their attorneys’ filings, the rule was widely ignored. Attorneys claimed it wasn’t yet in effect. So the Florida Supreme Court clarified in June that the rule was indeed in effect. . . . → Read More: Florida judges ignore their own State Supreme court in facilitating foreclosure
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It’s funny how the mind works. I was reading on line tonight about weather… one of my favorite pastimes. And I followed a link about the potential for a white Christmas in Altanta and I read there: It won’t happen overnight, but metro Atlanta is expected to receive its first white Christmas since the Chester Arthur administration. And I searched on Chester Arthur, . . . → Read More: Everything comes back to the same thing This is one of the saddest Christmas stories I have read recently. A small Alabama town has stopped paying its pensions to the town’s retirees. The New York Times writes: This struggling small city on the outskirts of Mobile was warned for years that if it did nothing, its pension fund would run out of money by 2009. Right on schedule, its fund . . . → Read More: Pritchard Alabama stops paying its pensioners In business there is a saying, which I have felt the reality of many times in my career: You can’t cut your way to greatness. . . . → Read More: What does the GOP envisage in 2030? Many pundits like to excoriate people who supposedly cheated by buying houses while misstating their income. However, it is clear to many studying the current economic crisis that the processes and systems at the major banks are weak. In many instances they are civilly and perhaps criminally negligent, and in some cases fraudulent behavior on the part of banks, servicers, and their lawyers has been noted. An article today in the Huffington Post by Mary Bottari called Trapped in Bank of America Hell the case of one normal middle class family which has always been on time in its mortgage payments is told. . . . → Read More: Foreclosuregate: Bank of America mess Agnotology: Culturally constructed ignorance, purposefully created by special interest groups working hard to create confusion and suppress the truth . . . → Read More: Agnotology But such it is and the ironic humor still need time to fall. The Alabama Representative Spencer Bachus will be the head of the House Financial Services Committee. He is eminently qualified, even as he makes it totally clear for us out here in depression-ville: Bachus, in an interview Wednesday night, said he brings a “main street” perspective to the committee, as opposed . . . → Read More: Hello Alabama: “We are there to serve the banks” – 2012 Vote Bachus out.. please The Economist has often really cogent views of America that American commentators cannot get into, a sort of self-myopia. The recent article on Peter Orzag’s transfer from the cabinet of government to the wood paneled offices of a bailed out Wall Street institution, Citigroup, is a case in point. This passage is really germane: Progressives laudably seek to oppose injustice by deploying government . . . → Read More: The rigged revolving door I’m starting a new tag and a new category of posts with this. I am going to start following unemployment for now. There is so much pain out there, 10 days from Christmas 2010, that I just think that we need to reflect on what our country is doing to itself through its elected officials. I will start with a primer on unemployment . . . → Read More: Unemployment I have been reading and blogging a lot about the American Decline. I have also worked in the past with very good and serious Scenario Planners. Trolling Salon I got to this really seminal post from Alfred McCoy at Tom’s Dispatch. I won’t post excerpts here tonight. I need to digest it and think. There are several points I need to think about: . . . → Read More: Have another beer… and toast the American Decline |
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