Comments on: Michael, Row Your Case Ashore: One Man Against The Machine

by: Danny Schechter

Thu, 10 Jul 2008 15:21:58 +0000

I am not a lawman, as one of the writers claims to be, but we need more challenges to the system behind this crisis, not fewer. I assume Michael’s case will be dismissed.

Here’s another initiative I am encouraging to call attention to the mounting foreclosure rate–up 56% in June.

We welcome any of readers with musical proclivities to join us in creating new versions of the classic American song, Home Sweet Home as protest against the mounting wave of foreclosures. We have now formed the HOME SWEET HOME Project and are seeking support and participation. Read our invite and listen to the available songs.

Please visit: http://www.polarity1.com/homesweethomeproject/

Song dismissed?

Danny Schechter
Director, IN DEBT WE TRUST (InDebtWeTrust.org)
Author of the forthcoming book: PLUNDER: Investigating Our Economic Crisis

by: Max Fortres

Thu, 10 Jul 2008 14:32:08 +0000

I think Michael Blomquist is an American hero for taking on the system that raped our country. The fact that he is doing it without lawyers is commendable, since the legal profession is poised for “sloppy seconds” as they wish to rape the victims, as well.
I believe, the end result will be the same as they Frech Revolution, with bankers heads rolling in the street. Our government, the lawyers and the bankers forgot one important step, to disarm the victims before raping and pillaging them.

SIC SEMPER TYRANNIS

by: California Lawman

Wed, 09 Jul 2008 19:37:54 +0000

Danny,

There are six posts prior to yours. No less than three of them actually reference the brief. I even used the word “scattershot” because it was used by the defendants’ in reply to this ridiculous suit.

I shall not assume hypocrisy. If you think about it, no one would come here UNLESS to read the brief - they will not post without at least reading the article above.

I don’t care about Michael’s “hard” work; I am sure if I dug deep enough I would disagree with his “work.”

He made his decisions and he has to live with them. He is a big boy.

All I am saying (and others to whom you refer) is that this Michael guy doesn’t have a leg on which to stand in the legal system.

Complaint dismissed.

by: Danny Schechter

Wed, 09 Jul 2008 18:31:18 +0000

Interesting, isn’t it, that so many of these letter writers, without knowing anything about Michael’s situation, or his record of hard work on this issue, assume hypocrisy, and do not bother to read the brief or comment on the substantive and provable arguments he makes, It is a sign of the deep denial that still exists. It seems so much easier to lash out at each other than examine the economic crisis and the way that so many big banks and firms profited on the misery of people who bought into loans that were misrepresented to them.

by: Jean Braun

Wed, 09 Jul 2008 18:26:43 +0000

Am I wrong is thinking the root of all this greediness is the reckless inflation of the money supply by the Federal Reserve, which has basically been going on since Richard Nixon dissociated the U.S. government from commitment to buy and sell gold at $35/oz - way back in 1974.

The commitment of the Federal Reserve to cover government indebtedness is part of the irresponsible issuance of fiat money. Alan Greenspan’s concern over the huge Medicare and Social Security outlays indicates that.

With the slosh of money gradually increasing over the years, it was a matter of time for banks to realize that, with only a minimum of reserves needed for amounts they could lend and collect interest on, all kinds of money games could be played, to the lucrative benefit of those who knew how to play the games. Lending out money for homes would be a natural part of that.

The enormous challenge to the nation today is to make the dollar represent something of value. My personal convicction is that the world needs energy now, and potable water. Alternative energy and water desalination are our best shots at winning a place in the world market again.

CopperCards.com is a nascent effort to deal with a ream of government tyrannies against the non-rich, but its most important aim is to be able to lend money at 1% interest. I see this a a real hope for the world.

by: Big Man On Campus

Wed, 09 Jul 2008 17:39:22 +0000

Shorty’s right. It’s mighty righteous of Michael to now waste more money dragging these guys in when all they were doing is complying with Congress’s little mandates to equalize everyone.
Too bad Michael, take your lumps, move on.
BTW: Michael is going pro se on this because no self respecting attorney would touch it.

by: ShortyWannaThug

Wed, 09 Jul 2008 17:26:20 +0000

What a clown. He fully participates in the “scheme,” and probably made money at one time selling off his “inflated” properties, and now goes after a group of people complying with the government requlators who put in these programs because “not enough people are homeowners.”

He should be suing the Democratic Party for violations of capitalism.

by: Rick in DC

Wed, 09 Jul 2008 17:06:59 +0000

You know things are really getting bad when the wolves start trying to eat each other.

by: louise

Wed, 09 Jul 2008 16:16:46 +0000

So, if I understand Mr. Blomquist’s
situation, he “lost millions as a result of
bad deals he was sold”, all these deals
he bought that were bad, were all
FSBOs (for sale by owner) right? This
has to be the conclusion as I can’t help
noticing the obvious missing defendent
known as NAR (national association of
realtors).