Foreclosures....Are They Legal?

The "Crisis of Confidence" is a mere symptom of the problem, the problem is a "Crisis of Ignorance."

http://kasonomics.blogspot.com/


Watch minutes 19-24 on this video that covers the case of Jerome Daly vs First National Bank of Montgomery in which it is acknowledge by the President of the bank in the judges memorandum that there was no legal consideration put up by the bank against the home to give it the right to foreclose. THIS IS HUGE FOR AMERICAN HOME OWNERS TO KNOW!! The banks foreclosure was rejected on this basis. This also shows a legal judgment against the banks fraudulent system and proves this bank structure is illegal by US Law.... How much more obvious does this have to be???




I would advise watching the entire video, but I am highlighting a critical point that has direct meaning for our times and is on everyone's mind who is trying to support their homesteads and families.