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Twilight of Constitutional Private Property Rights | US Senate Banking Committee Hearing on Helping Fraudclosure-Harmed Homeowners

Posted by Foreclosure Hamlet on December 15, 2011

 see links on 4closurefraud.com

STARTS AT 19:40

Helping Homeowners Harmed by Foreclosures: Ensuring Accountability and Transparency in Foreclosure Reviews

Housing, Transportation, and Community Development

Tuesday, December 13, 2011
02:30 PM – 04:30 PM
538 Dirksen Senate Office Building

COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS SUBCOMMITTEE ON HOUSING, TRANSPORTATION, AND COMMUNITY DEVELOPMENT

Witnesses

Panel 1

  • Honorable Julie Williams [view testimony]
    First Senior Deputy Comptroller and General Counsel
    Office of the Comptroller of the Currency

Panel 2

  • Ms. Alys Cohen [view testimony]
    Staff Attorney
    National Consumer Law Center
  • Mr. David Holland [view testimony]
    Executive Vice President
    Rust Consulting, Inc.
  • Mr. Paul Leonard [view testimony]
    Vice President of Government Affairs
    Housing Policy Council of the Financial Services Roundtable
  • Dr. Anthony B. Sanders [view testimony]
    Professor of Finance
    George Mason University School of Management
  • Ms. Ann M. Kenyon [view testimony]
    Partner
    Deloitte & Touche LLP
  • Mr. Konrad Alt [view testimony]
    Managing Director
    Promontory Financial Group, LLC

~

As you listen to this, keep in mind our Founding Fathers’ constitutionally provided property rights protections:

The truth is that the Founders were concerned about a range of human values, but property rights were high on their list. Their Constitution and Bill of Rights protected property in many ways:

* When it became clear that the ban on ex post facto laws was not broad enough to protect property, they partially plugged the gap with the Fifth Amendment, which (1) prevented any person from being deprived of . . . property, without due process of law and (2) required compensation when property [was] taken for public use (Freddie/Fannie/Ginnie/HUD).

* They granted Congress authority to punish piracy, a crime directed principally against property (I-8-10).

* They adopted the Fourth Amendment, which protected persons, houses, papers, and effects from unreasonable search and seizure.

* They also inserted a number of other checks and balances, designed partly to protect minorities from unfair property confiscations.

More on the Founders’ mindset on property rights,

place[d] property ahead of freedom of religion, press, speech, and assembly, the right to petition the government, the right of self-defense, the right to be secure in one’s home, and the rights of the accused, including the right against self-incrimination and the right to a fair and speedy trial in which one may face one’s accusers. In short, the Framers placed property rights higher than all the rights that are most commonly associated with them.

 

3 Responses

  1. what they aren’t telling people, is, they are giving the “pretend lenders” 6 months to get all the paperwork in order BEFORE the “independent auditors” start reviewing files. In Denver, there have been ads for people to review the files of EVERY MORTGAGE COMPANY IN DENVER, to make sure any MISSING DOCUMENTS ARE FILED, ANY ASSIGNMENTS ARE FILED, ANY TITLE PROBLEMS ARE TAKEN CARE OF. These people are being paid from $8 hr to $30 an hour. ALL OF THIS SHOULD HAVE BEEN DONE “BEFORE” EVERY STARTING A FORECLOSURE. Some of these people don’t even know what a deed looks like, or what documents SHOULD” be in file. This is nothing but another scam, cover up, what ever you want to call it. SO IT LOOKS LIKE THE FEDS ARE ACTUALLY DOING SOMETHING TO HELP THE BORROWERS WHO ARE NOW HOMELESS. WHY NOT START THE REVIEWS NOW? INSTEAD OF WAITING FOR 6 MONTHS? AND SEE WHAT KIND OF FASLE FORECLOSURES ARE FOUND. LIKE THE “REVIEWERS” ARE GOING TO TELL ANYONE IF THEY DO FIND THE ILLEGAL STUFF–IT WILL ALL BE HUSH HUSH AND PUSHED FURTHER UNDER THE RUG. ANOTHER DISGRACE TO THE JUDICIAL SYSTEM. IIF 1 ATTORNEY WOULD LOOK AT MY PAPERWORK WITH ME, I’LL SHOW YOU EVERY KIND OF FRAUD AND FORGERY THAT THEY USED ON ME, AND NO ONE WILL HELP ME FIGHT THIS. IF I GO TO COURT PRO SE, THEY WILL GET MY CASE DISMISSED SOMEHOW, BECAUSE THEY KNOW HOW MUCH PROOF I HAVE AGAINST THEM.

  2. Don’t worry about the constitution: congress is taking care of changing it as we speak. The bill allowing indefinite detention of Americans that Obama vetoed a few days ago was passed today, from what I understand.

    The pretext is “suspected terrorism”.

    Suspected terrorism my foot!

  3. The constitution worked for a small country with shared culture the us as it exists today is too diverse. No core values anymore. While lip service is paid to the constitution, that document has been gutted over 200+ years of trampling by many who care nothing about whether this nation survives as the founders intended. The greedy and power hungry intend that their personal “four score and ten” be lived in luxury and outside the constraints that drag down the fading middle class

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