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Right, we've had the whole foreclosure scandal laid out. So we know where we are and, right now, it appears that the financial system can only survive unscathed for conditions that satisfy 2 + 2 = 493.

But that's right now. Question is : What happens next ?

Can the US govt successfully smuggle through the conceit that the foreclosures must continue because the little people defaulted on their loans and, irrespective of all the bothersome regulations that they don't like anyway, so they gotta lose their homes and we'll sort out the real ownership later ?

Or will the legal tangle about the primacy of title and ownership actually sink the ship ?

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Fri Oct 15th, 2010 at 11:56:05 AM EST

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