sdr/SDR, how can this not be fraud???

[CA renter]

Ren,

Thank you very much for your kind post! 🙂 It’s admirable for you to point these things out, and stick up for other people. Thank you!

I have to admit that when I first read sdr’s post, it got my hackles up, but I tried to read it in a different way so that the personal jab was diminshed somewhat and I focused more on what he was trying to say. He probably knows that I’m not naive when it comes to business and real estate; if he doesn’t know this, it’s because he’s not paying attention.

In many years of posting on bubble blogs, I’ve always tried my best to debate the **topics** and leave personalities and emotion out of it. I’ve never felt “unheard” or felt that people didn’t pay attention to what I was saying…quite the opposite, as a matter of fact.

sdr, if you have good points to make, I’ve seen no evidence that shows being vitriolic improves one’s standing in an internet community. The most respected posters are those who leave their emotions at the door and discuss/debate facts with other well-informed people. You and I have had some back-and-forth on this before when you’ve gotten into it with other posters.

Can’t we all just get along? 😉

p.s.: I even invited you over for BBQ the other day! 🙂

[CA renter]

sdr/pemliza,

No, I’m not upset because we missed out on a better deal. All of my posts regarding this topic show that I’m very angry about the **fraud** (yes, it’s fraud), especially when innocent people are expected to pay for it.

So far, innocent people have been punished because the Fed has forced rates on all fixed income products so low that savers have been absolutely sacrificed for the idiots who can’t spend within their means or who don’t make provisions for a bad economy. Imagine being an elderly retired person trying to live on their savings over the past decade — slaughtered!!!

I’m tired of our flat-broke state giving $10,000 gifts to homebuilders, all the while they are increasing class sizes, shutting down libraries and reducing services for taxpayers.

I’m tired of all the Wall Street titans who’ve made billions on the way up, who are now making billions on the way down, instead of being thrown in jail where they belong.

I’m tired of our flat-broke federal govt giving $8,000 gifts to sellers in the form of “tax credits,” while telling us that they are going to curtail services to deserving and/or needy people who had nothing to do with getting us into this mess.

I’m tired of seeing programs like the PPIP that intentionally exclude J6 from any potentially profit-making opportunities (subsidized by the govt, no less), so that the already wealthy can suck up more of our wealth without any meddling competition from the masses.

And finally…I’m tired of seeing regular people defend these tactics because they believe they can profit from all this deception and fraud.

I desperately want to see people with ethics and morals stand up to all these a$$holes who have destroyed this country.

[CA renter]

sdr/pemliza,

No, I’m not upset because we missed out on a better deal. All of my posts regarding this topic show that I’m very angry about the **fraud** (yes, it’s fraud), especially when innocent people are expected to pay for it.

So far, innocent people have been punished because the Fed has forced rates on all fixed income products so low that savers have been absolutely sacrificed for the idiots who can’t spend within their means or who don’t make provisions for a bad economy. Imagine being an elderly retired person trying to live on their savings over the past decade — slaughtered!!!

I’m tired of our flat-broke state giving $10,000 gifts to homebuilders, all the while they are increasing class sizes, shutting down libraries and reducing services for taxpayers.

I’m tired of all the Wall Street titans who’ve made billions on the way up, who are now making billions on the way down, instead of being thrown in jail where they belong.

I’m tired of our flat-broke federal govt giving $8,000 gifts to sellers in the form of “tax credits,” while telling us that they are going to curtail services to deserving and/or needy people who had nothing to do with getting us into this mess.

I’m tired of seeing programs like the PPIP that intentionally exclude J6 from any potentially profit-making opportunities (subsidized by the govt, no less), so that the already wealthy can suck up more of our wealth without any meddling competition from the masses.

And finally…I’m tired of seeing regular people defend these tactics because they believe they can profit from all this deception and fraud.

I desperately want to see people with ethics and morals stand up to all these a$$holes who have destroyed this country.

[CA renter]

sdr/pemliza,

No, I’m not upset because we missed out on a better deal. All of my posts regarding this topic show that I’m very angry about the **fraud** (yes, it’s fraud), especially when innocent people are expected to pay for it.

So far, innocent people have been punished because the Fed has forced rates on all fixed income products so low that savers have been absolutely sacrificed for the idiots who can’t spend within their means or who don’t make provisions for a bad economy. Imagine being an elderly retired person trying to live on their savings over the past decade — slaughtered!!!

I’m tired of our flat-broke state giving $10,000 gifts to homebuilders, all the while they are increasing class sizes, shutting down libraries and reducing services for taxpayers.

I’m tired of all the Wall Street titans who’ve made billions on the way up, who are now making billions on the way down, instead of being thrown in jail where they belong.

I’m tired of our flat-broke federal govt giving $8,000 gifts to sellers in the form of “tax credits,” while telling us that they are going to curtail services to deserving and/or needy people who had nothing to do with getting us into this mess.

I’m tired of seeing programs like the PPIP that intentionally exclude J6 from any potentially profit-making opportunities (subsidized by the govt, no less), so that the already wealthy can suck up more of our wealth without any meddling competition from the masses.

And finally…I’m tired of seeing regular people defend these tactics because they believe they can profit from all this deception and fraud.

I desperately want to see people with ethics and morals stand up to all these a$$holes who have destroyed this country.

[CA renter]

sdr/pemliza,

No, I’m not upset because we missed out on a better deal. All of my posts regarding this topic show that I’m very angry about the **fraud** (yes, it’s fraud), especially when innocent people are expected to pay for it.

So far, innocent people have been punished because the Fed has forced rates on all fixed income products so low that savers have been absolutely sacrificed for the idiots who can’t spend within their means or who don’t make provisions for a bad economy. Imagine being an elderly retired person trying to live on their savings over the past decade — slaughtered!!!

I’m tired of our flat-broke state giving $10,000 gifts to homebuilders, all the while they are increasing class sizes, shutting down libraries and reducing services for taxpayers.

I’m tired of all the Wall Street titans who’ve made billions on the way up, who are now making billions on the way down, instead of being thrown in jail where they belong.

I’m tired of our flat-broke federal govt giving $8,000 gifts to sellers in the form of “tax credits,” while telling us that they are going to curtail services to deserving and/or needy people who had nothing to do with getting us into this mess.

I’m tired of seeing programs like the PPIP that intentionally exclude J6 from any potentially profit-making opportunities (subsidized by the govt, no less), so that the already wealthy can suck up more of our wealth without any meddling competition from the masses.

And finally…I’m tired of seeing regular people defend these tactics because they believe they can profit from all this deception and fraud.

I desperately want to see people with ethics and morals stand up to all these a$$holes who have destroyed this country.

[CA renter]

sdr/pemliza,

No, I’m not upset because we missed out on a better deal. All of my posts regarding this topic show that I’m very angry about the **fraud** (yes, it’s fraud), especially when innocent people are expected to pay for it.

So far, innocent people have been punished because the Fed has forced rates on all fixed income products so low that savers have been absolutely sacrificed for the idiots who can’t spend within their means or who don’t make provisions for a bad economy. Imagine being an elderly retired person trying to live on their savings over the past decade — slaughtered!!!

I’m tired of our flat-broke state giving $10,000 gifts to homebuilders, all the while they are increasing class sizes, shutting down libraries and reducing services for taxpayers.

I’m tired of all the Wall Street titans who’ve made billions on the way up, who are now making billions on the way down, instead of being thrown in jail where they belong.

I’m tired of our flat-broke federal govt giving $8,000 gifts to sellers in the form of “tax credits,” while telling us that they are going to curtail services to deserving and/or needy people who had nothing to do with getting us into this mess.

I’m tired of seeing programs like the PPIP that intentionally exclude J6 from any potentially profit-making opportunities (subsidized by the govt, no less), so that the already wealthy can suck up more of our wealth without any meddling competition from the masses.

And finally…I’m tired of seeing regular people defend these tactics because they believe they can profit from all this deception and fraud.

I desperately want to see people with ethics and morals stand up to all these a$$holes who have destroyed this country.

[sdrealtor]

Like i said, I didnt consider that vitriol or malicious nor was it intended to be. Expecting a large corporate america business to run efficiently or effectively is indicative of having not ever been a part of one of those ridiculous overbloated beasts. I have seen amazing things in my past careers that one who has not been a part of them hasnt and is hence naive to the reality of them.

Being a bear on a bearish RE blog is much simplier than being a realtor on a bearish RE blog. When i first arrived, i was brutalized and created this online characture to withstand it all. Those of you that have met me, know it is just that, an online characture.

Lastly, I dont think the problem is as pervasive as you think that it would justify such a system. I dont see many short sales selling a ridiculously low prices. From what I have seen the abuses by REO agents are much more egregious. I couldnt find a single REO agent that doesnt have a dramatically higher instance of dual agency sales on their REO sales than could be justified.

[sdrealtor]

Like i said, I didnt consider that vitriol or malicious nor was it intended to be. Expecting a large corporate america business to run efficiently or effectively is indicative of having not ever been a part of one of those ridiculous overbloated beasts. I have seen amazing things in my past careers that one who has not been a part of them hasnt and is hence naive to the reality of them.

Being a bear on a bearish RE blog is much simplier than being a realtor on a bearish RE blog. When i first arrived, i was brutalized and created this online characture to withstand it all. Those of you that have met me, know it is just that, an online characture.

Lastly, I dont think the problem is as pervasive as you think that it would justify such a system. I dont see many short sales selling a ridiculously low prices. From what I have seen the abuses by REO agents are much more egregious. I couldnt find a single REO agent that doesnt have a dramatically higher instance of dual agency sales on their REO sales than could be justified.

[sdrealtor]

Like i said, I didnt consider that vitriol or malicious nor was it intended to be. Expecting a large corporate america business to run efficiently or effectively is indicative of having not ever been a part of one of those ridiculous overbloated beasts. I have seen amazing things in my past careers that one who has not been a part of them hasnt and is hence naive to the reality of them.

Being a bear on a bearish RE blog is much simplier than being a realtor on a bearish RE blog. When i first arrived, i was brutalized and created this online characture to withstand it all. Those of you that have met me, know it is just that, an online characture.

Lastly, I dont think the problem is as pervasive as you think that it would justify such a system. I dont see many short sales selling a ridiculously low prices. From what I have seen the abuses by REO agents are much more egregious. I couldnt find a single REO agent that doesnt have a dramatically higher instance of dual agency sales on their REO sales than could be justified.

[sdrealtor]

Like i said, I didnt consider that vitriol or malicious nor was it intended to be. Expecting a large corporate america business to run efficiently or effectively is indicative of having not ever been a part of one of those ridiculous overbloated beasts. I have seen amazing things in my past careers that one who has not been a part of them hasnt and is hence naive to the reality of them.

Being a bear on a bearish RE blog is much simplier than being a realtor on a bearish RE blog. When i first arrived, i was brutalized and created this online characture to withstand it all. Those of you that have met me, know it is just that, an online characture.

Lastly, I dont think the problem is as pervasive as you think that it would justify such a system. I dont see many short sales selling a ridiculously low prices. From what I have seen the abuses by REO agents are much more egregious. I couldnt find a single REO agent that doesnt have a dramatically higher instance of dual agency sales on their REO sales than could be justified.

[sdrealtor]

Like i said, I didnt consider that vitriol or malicious nor was it intended to be. Expecting a large corporate america business to run efficiently or effectively is indicative of having not ever been a part of one of those ridiculous overbloated beasts. I have seen amazing things in my past careers that one who has not been a part of them hasnt and is hence naive to the reality of them.

Being a bear on a bearish RE blog is much simplier than being a realtor on a bearish RE blog. When i first arrived, i was brutalized and created this online characture to withstand it all. Those of you that have met me, know it is just that, an online characture.

Lastly, I dont think the problem is as pervasive as you think that it would justify such a system. I dont see many short sales selling a ridiculously low prices. From what I have seen the abuses by REO agents are much more egregious. I couldnt find a single REO agent that doesnt have a dramatically higher instance of dual agency sales on their REO sales than could be justified.

[CA renter]

Does working for the second-largest school district in the nation count?

Before that, I was a trouble-shooter for a group of companies that employed thousands of people. Not super-large, but large enough to know that while it’s difficult to change things, it is NOT impossible.

The reason for my suggestion is not only to help eliminate/reduce fraud, but to ensure that taxpayers are not shafted once again by those who have connections to “the right people.”

It would reduce fraud, increase transparency, save money, and enable true, market-based price discovery for ALL assets that are owned, subsidized, guaranteed, or controlled by the government.

[CA renter]

Does working for the second-largest school district in the nation count?

Before that, I was a trouble-shooter for a group of companies that employed thousands of people. Not super-large, but large enough to know that while it’s difficult to change things, it is NOT impossible.

The reason for my suggestion is not only to help eliminate/reduce fraud, but to ensure that taxpayers are not shafted once again by those who have connections to “the right people.”

It would reduce fraud, increase transparency, save money, and enable true, market-based price discovery for ALL assets that are owned, subsidized, guaranteed, or controlled by the government.

[CA renter]

Does working for the second-largest school district in the nation count?

Before that, I was a trouble-shooter for a group of companies that employed thousands of people. Not super-large, but large enough to know that while it’s difficult to change things, it is NOT impossible.

The reason for my suggestion is not only to help eliminate/reduce fraud, but to ensure that taxpayers are not shafted once again by those who have connections to “the right people.”

It would reduce fraud, increase transparency, save money, and enable true, market-based price discovery for ALL assets that are owned, subsidized, guaranteed, or controlled by the government.

[CA renter]

Does working for the second-largest school district in the nation count?

Before that, I was a trouble-shooter for a group of companies that employed thousands of people. Not super-large, but large enough to know that while it’s difficult to change things, it is NOT impossible.

The reason for my suggestion is not only to help eliminate/reduce fraud, but to ensure that taxpayers are not shafted once again by those who have connections to “the right people.”

It would reduce fraud, increase transparency, save money, and enable true, market-based price discovery for ALL assets that are owned, subsidized, guaranteed, or controlled by the government.

[Author]

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