Matt Taibbi: Courts Helping Banks Screw Over Homeowners | Rolling Stone Politics

By | November 16, 2010

The foreclosure lawyers down in Jacksonville had warned me, but I was skeptical. They told me the state of Florida had created a special super-high-speed housing court with a specific mandate to rubber-stamp the legally dicey foreclosures by corporate mortgage pushers like Deutsche Bank and JP Morgan Chase. This "rocket docket," as it is called in town, is presided over by retired judges who seem to have no clue about the insanely complex financial instruments they are ruling on — securitized mortgages and laby­rinthine derivative deals of a type that didn’t even exist when most of them were active members of the bench. The judges, in fact, openly admit that their primary mission is not justice but speed. One Jacksonville judge, the Honorable A.C. Soud, even told a local newspaper that his goal is to resolve 25 cases per hour. Given the way the system is rigged, that means His Honor could well be throwing one ass on the street every 2.4 minutes.Foreclosure lawyers told me one other thing about the rocket docket. The hearings, they said, aren’t exactly public. "The judges might give you a hard time about watching," one lawyer warned. "They’re not exactly anxious for people to know about this stuff." Inwardly, I laughed at this — it sounded like typical activist paranoia. The notion that a judge would try to prevent any citizen, much less a member of the media, from watching an open civil hearing sounded ridiculous. Fucked-up as everyone knows the state of Florida is, it couldn’t be that bad. It isn’t Indonesia. Right?

via Matt Taibbi: Courts Helping Banks Screw Over Homeowners | Rolling Stone Politics.

Wrong! It stinks like Indonesia. Citizens have no rights like in Indonesia. And Muslims are running the show like in Indonesia.

Oh you think that you have rights. You drank that Kool-Aid they fed you in grammar school about how great America is? You are a farm animal. You are being harvested daily for how well you graze the area around the farm. You go out into the field and compete with the other farm animals for choice grazing spots. You return nightly to the barn for indoctrination and extraction of any excess gain that you do not need to use to venture out the next day and continue your indentured servitude.

Now go back to the your seat in front of the indoctrination box.