Homeowners, tell your story! Be inspired by the Chase Bank, David Lowman firing.

Lets celebrate not only the David Lowman firing, but the protestor who was arrested for calling Mr. Lowman a liar at the Nov. 16, 2010 congressional hearing on home mortgage services and practices.

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Calling all homeowner bloggers, Swarm the Banks wants to feature your blog!

It has become painfully aware to me that NOBODY is championing the right of a homeowner who is NOT underwater to be able to tap home equity if they are not working. Even if the home equity amount being tapped is still well within the prescribed 2/3's value of total built up home equity that ensures a bank can re sell the home and get back their money if the homeowner skips, banks won't allow an unemployed worker to tap any home equity from their home.

I would be ok with this if the government did not allow banks to STEAL built up home equity and the original down payment when they repossess a home. Virtually NONE of the blogs featured on swarm the banks is concerned about homeowners who may lose built up home equity and their down payment as well when a foreclosure occurs.

If you are a homeowner and feel you did the right thing by taking care of a family member, or perhaps are one of 15 million americans taking care of a family member with alzheimer's, and cannot work for that reason, maybe you should consider blogging about how the banks and the government are squeezing you out of your home and all the built up home equity you have in your home.

I'll create top priority blog placement for bloggers involved in keeping their home who are being denied fair access to home equity and their original down payment.

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Reader Pattie Pinpoints the EXACT ISSUE regarding the REAL HOUSING CRISIS in a Swarm The Banks commentary.

Pattie has left a new comment on your post "NACA Los Angeles Convention Center "Save the Dream...":

"NACA is back in LA June 2-6. We went to try and get help numerous times last time they were in LA. But received no assistance at all. Seems that they only help people that are behind on their loans. Not those who have tried to keep current on their loans by borrowing from family, draining savings, selling everything they have, doing without food and medical necessities..... Just to keep current on their mortgage.

We definitely can not keep up with our bills and mortgage due to pay and hour cuts and high medical costs. Yet we were told by Naca, the only way they could help us is if we stop paying our mortgage. On top of everything else, we do not want to take a chance in losing our home. But that is what NACA is asking to MAYBE help us get a lower interest rate and lower the payment.

Can this deceptive practice be looked into? Shouldn't they (NACA) also be helping the people who are "trying to do the right thing" and pay the people they owe? Is it right for them to ask you to stop paying creditors just to get help from them?"

Thank you so much for your time,

Patricia R (she continues below)

"Its not about buying more than you can afford. Its about pay cuts, hour cuts, and just plain layoffs. Who can plan for that? If you plan to be jobless……then your mortgage should be zero dollars a month. Is that possible? Our mortgage was only 20% of our income until my husband experienced pay and hour cuts and I got a cut in disability payments. I cant work and my husband took on a second job. We are trying…..but still not making ends meet. Definitely NO money for much needed medical care. Is this OUR fault? "

Patricia, what you are experiencing is the triangulation of our country into three segmented communities, two of those communities, die hard republican and die hard democrats, are being represented, but there is a third component which is being completely ignored by Barack Obama, the Democrats, the Republicans, and the Media as well.

What you are also experiencing is what I have been warning about for the past couple of years. The media news outlets have purposely carved out ultra right and ultra left positions on virtually all news stories, forcing those in the middle to "choose" one side or the other, or be left out in the cold.

Main street IS NOT necessarily connected with being a union worker with a government job, yet the media has purposely merged these two groups together in an epic struggle against the budget cutting republicans.

The REAL issue is, if you present a monthly budget that proves you could pay your monthy bills, pay down your debts, and pay your mortgage with lower interest rates on your credit card debt and mortgage, the government is less interested in helping you than the people who allow parallel foreclosure and dual track foreclosure to commence before they can even apply for help.

Barack Obama and his administration appears like he is helping homeowners when he is actually helping enable a massive theft of homeowner property of the likes unseen before. A republican president would have been just as bad, maybe worse.

Hillary Clinton represented true main street and the media has tilted to the far left and right, marginalizing tens of millions of people into nothingness.

You are viewing Swarm The Banks. Please check out Parallel Foreclosure blog and UNfair Foreclosures blog as well.

Red Cross Helps Tornado Survivors Cope With Tragedy

Red Cross Helps Tornado Survivors Cope With Tragedy

Please Download the Chase Bank Protest Flyer for FREE, and then all that needs to be done is just give a few copies out, it is really that simple.

Barack Obama knowingly cut Mississippi River dredging budget in half a few months ago. Barack Obama's Munchausen's Disease by Proxy flaring up.

Barack Obama knowingly cut Mississippi River dredging budget in half a few months ago. Barack Obama's Munchausen's Disease by Proxy flaring up.

If you are planning on creating or broadcasting a commercial and want an objective, outsiders point of view about your commercial, contact Alessandro Machi about his consulting services at...

info at alexlogic.com

You can also view more

commercial critiques

by Alessandro Machi at

Super Bowl Consulting

Calling BS on Banks taking homeowner built up home equity and down payment.

I believe that whenever you see a post or comment defending the taking of a homeowners home equity and down payment via a short sale, you are simply reading the words of one who profits from this form of theft.

Yes, theft.

If a homeowner has built up any home equity in their home, and has already made a down payment on their home, they should be allowed REASONABLE ACCESS to that equity BEFORE a foreclosure is implemented. I have yet to hear the Barack Obama administration deal with this issue.

50% of american homeowners are NOT upside on their home mortgage, but were they to lose their job, they would be ineligible to tap their earned home equity line. This could result in either a short sale, (which can result in unhappy results for a myriad of reasons), or foreclosure and the loss of the home's entire down payment and built up home equity line.

If you are one of 70 million americans care taking for a family member, or 15 million americans caretaking for someone with alzheimers, and as a result are limited in your work options, the government will still deny access to your own built up home equity and down payment, and the government will do nothing if the bank swoops in at some point and simply takes your home and all the value you have built up in it.

I believe Hillary Clinton, based on her 2008 campaign speeches, would have initiated more reasonable terms for homeowners so the banks could not just take what they did not earn, and a re-election of either Barack Obama or the republican candidate will probably spell continued disaster for homeowners who are out of work.

(edit update May-9, 2011 10:50 am - click here for another home values are dropping story line that DOES NOT MENTION homeowners with equity, instead the article focuses on those who are upside on their mortgages. The media boycott is pervasive against highlighting homeowners with home equity and who also made a sizable down payment but are presently jobless and could lose everything to the banksters. -end update)

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Somewhat off topic, The man who stole George Costanza's raisins is having a FREE movie premiere in Los Angeles on May 05, 2011.

CLICK ON EMMETT DEEMUS MOVIE POSTER TO ENLARGE

Larry Hankin, the man who stole George Costanza's raisins in one of the more famous scenes from the Seinfeld television series, has an alter ego named Emmett Deemus. You can see Mr. Hankin's "Emmett Deemus" free movie premiere May 05th, 2011 at the Talking Stick Coffee Lounge in Culver City, CA.

Click here for more info or get it right off the Emmett Deemus Free Movie premiere poster up above.

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TaxMasters: Do They Deliver on Tax Debt Promises?

If you want to read the accompanying ABC News article, please click here. I was surprised to hear that the cable and broadcast channels already carrying Tax Master commercials are going to continue to carry them.

70 million americans are taking care of an elderly family member, 15 million are taking care of a family member with alzheimers.

70 million americans are taking care of an elderly family member. 15 million americans are taking care of an adult with alzheimers. If any of these kind hearted americans are unemployable because of their family situation, the government offers nothing to them.

Our government will actually steal these kind hearted american's homes, even if there is plenty of home equity still left in them, under the loophole that anyone not working is not eligible to tap any existing equity in their own home.

Here is the worst part.

The group most likely to have equity in their home, are the elderly, yet the government won't allow their children to help them even if it means SLOWLY tapping the home equity to help pay monthly bills.

We cannot afford four more years of either Barack Obama OR the Republican Party or the destruction of millions of more lives will be the result. Accept no substitutes, Hillary Clinton is THE ONLY CANDIDATE that can intelligently fix the present situation.

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Sixty Minutes April 03, 2011 Mortgage Paper Signature Fraud Story.

Here it is, straight from Sixty Minutes. 11 months after their strategic default piece that made some homeowners look like the bad guys, Sixty Minutes exposes the faux Linda Green signature was apparently put on anywhere from 50,000 documents to perhaps well over a million documents.

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Almost a full year after their Strategic Default hit piece against homeowners, 60 minutes finally decides to do a piece on the dishonesty of the banks

Last year I complained that Sixty Minutes was going after the Homeowner with their Strategic Default Story while letting the banks off of the hook.

Hey 60 minutes, about a year too late with your story about mortgage fraud by the banks, no? Will we see Chase bank advertisements during the show?

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Does Samsung Think they Co Own every keystroke you perform on their laptops?

Uh oh, here comes trouble. Samsung might have pre-installed keystroke detection software on their lap tops that sends out emails about what you are doing with "their" computers. Click here to read the Time Techland Story. You'd think that once you buy the computer it would be "yours", but evidently, that is not the case.

This isn't just about invasion of privacy, its about invasion of other people's thoughts, ideas, and future plans.

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Glenn Beck Would Rather Talk About His Made-Up Foreclosure Crisis.

Glenn Beck Would Rather Talk About His Made-Up Foreclosure Crisis.

I have been critical of Barack Obama and his mishandling of HAMP, and I trust the Republicans even less. I can't say it enough, the best presidential candidate in 2008 was Hillary Clinton, and that is why Wall Street supported Barack Obama instead.

There is a HUGE moderate middle base that supports Hillary Clinton, but the cable news media is pandering to progessive Whack-A-Noodle democrats and ultra conservative republicans.

In today's installment of the far left versus the far left, it's George Soros funded Media Matters griping about how Glenn Beck said very little about the home foreclosure crisis over the past year. Glenn Beck Would Rather Talk About His Made-Up Foreclosure Crisis.

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Court Grants "Godfather Privileges" in a Stunning Gutting of the Federal Hobbs Act in March 25th, 2011 Rennell vs Rowe Ruling.

CLICK HERE TO ENLARGE IMAGE.

I believe that the Federal Hobbs Act may have just been gutted by a March 25th, 2011 ruling in Rennell v. Rowe.

In sum, extortion under the Hobbs Act can occur outside of the labor context when a person uses physical violence or the threat of violence to obtain property, whether or not the defendant has a claim to the property. If a defendant has no claim of right to property, the use of fear to obtain that property—including the fear of economic loss—may also amount to extortion.

In contrast, where the defendant has a claim of right to property and exerts economic pressure to obtain that property, that conduct is not extortion and no violation of the Hobbs Act has occurred. See United States v. Sturm, 870 F.2d 769, 773 (1st Cir. 1989);Brokerage Concepts, Inc. v. U.S. Healthcare, Inc., 140 F.3d 494, 523-24 (3d Cir. 1998). We consider Rennell's assertions against this backdrop.

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"...exerts economic pressure is no violation of the Hobbs Act"...??? Are you kidding me!!! Exerting economic pressure could mean ANYTHING.

"Exerting economic pressure" could be no different than being in a poker game in which the other player has more chips than you and you can't match their raise and lose by default.

THIS ISN'T POKER! Rowe and Rennell WERE BUSINESS PARTNERS. The court seems to have forgotten that mercenary actions against business partners would be no different than the bailiff plotting against the courtroom judge that they work with.

Quickly recapped, Rowe and Rennell were business partners running a successful business. Rowe decided to replace Rennell and gave Rennell 24 hours notice to either take a $300,000 dollar buyout, or get nothing. The acknowledged value of Rennell's role in the business was approximately TEN TIMES the $300,000 dollar offer.

If Rennell refused the offer, he would get nothing, and might have difficulty raising funds for a legal battle. Rennell agreed to the forced buyout, and was also forced to agree to not sue if he took the "buyout".

On appeal the judges have sided with ROWE and against Rennell!

What if Rennell had refused the 10 cents on the dollar settlement offer? Two possible outcomes could have been; Rennell is escorted by force from the locations where Rennell and Rowe conducted business together, or, Rowe could have simply stopped paying Rennell.

The first of those two outcomes would be a Hobbs Act violation because of the use of force needed to escort Rennell from the premises. The second of those two outcomes, suffocating Rennell economically, would appear to be a Hobbs Act Violation under the extortion clause as well.

Is it ethical for the courts to allow one party with a superior financial standing to starve out their business partner or force them to accept whatever offer is being given?

The court itself cited the situation as "an offer Rennell "couldn't refuse", a direct reference to the movie "The Godfather". Yet the court than grants "Godfather Privileges" to Rowe! Does the court even get the outrageousness of referring to a mafioso practice, then handing down a verdict that sanctions mafioso activity?

It appears that what the judges are saying is that if you extort someone vis a vie paper or currency, it is not considered a Hobbs ACT extortion because the "threat" was not physical in nature.

Simply withhold currency, and no Hobbs act violation has occurred, what a horrible court precedent to set.

I also found the fruit store, "dollar a peach" analogy flawed as well. The judges were implying that the storeowner does not have the right to refuse service to a customer, and therefore the storeowner was not acting in good faith. A store owner can refuse the right to serve anybody. But the scenario cited above involves a different set of circumstances since it involves a business owner versus a customer, rather than owner vs partner, or employer vs partner. Very odd of the judges to use such a non conforming analogy.

The bigger issue is that if this ruling stands, extortion by paper or currrency becomes the order of the day, and the Federal Hobbs Act will have been gutted, big time.

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The Future of Manufacturing is Local...

A very powerful, earnest article about local manufacturing by Allison Arieff, click here to read it.

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