The Republican Jobs Program

 Posted by at 1:47 am  Politics
Nov 222010
 

In the first two years of the Obama administration, more new private sector jobs were created than in all eight years of the Bush regime.  But to be fair, Bush and the Republican party excelled at creating jobs in certain sector.  And all those jobs are certified by Supply-side Jesus (not the real one) to be morally suitable for the Theocon brand of pseudo-Christianity.  Here are some of them in action.

22repjesusAll she wanted was $50,000 from the equity in her house to help pay the bills while looking for a job in nursing. What Imogene Hall got was a brutal lesson in the sometimes shady ways of the mortgage industry.

It’s a lesson learned by untold numbers of homeowners in Florida, epicenter of the foreclosure crisis gripping the nation.

"Everywhere I turn, someone else is scamming me,” said Hall, a 49-year-old Jamaican immigrant who stands to lose her Miami Gardens home the Monday after Thanksgiving. "All I do is work hard, and I get surrounded by thieves.”

A review of court records found evidence of misconduct at nearly every stage of Hall’s experience. Consider:

_ Johnson Cuffy, a former mortgage broker now serving an 11-year prison sentence for grand theft, handled Hall’s refinancing in early 2006, using a strategy a state investigator described as “outright mortgage fraud.” He faces up to 30 more years in prison if convicted of 16 other mortgage fraud charges he’s facing.

_ The title agent who signed the crucial deed transfers that Hall’s fraud claim rests on operated an unlicensed title company that stole more than $1.5 million from South Florida home buyers during closing proceedings between 2005 and 2007, according to Florida Supreme Court records.

_ A man who listed his employer as a nonexistent Blockbuster Video store in New York somehow used Hall’s home as collateral to secure a $230,000 loan from subprime lender Argent Mortgage.

_ Hall’s foreclosure was processed by the Florida Default Law Group, one of four Florida law firms being investigated by the state attorney general for using flawed documents to repossess homes from thousands of owners.

QUICKIE OUTCOME

After spending more than three years in the judicial system, Hall’s case was transferred to Miami-Dade’s County Court’s new foreclosure-only division in July. There, Judge Jeffrey Rosinek, who was fresh to the case, quickly tossed out Hall’s fraud defense, and granted the bank a swift summary judgment in a process critics describe as a "rocket docket.”

Hall’s foreclosure defense lawyers, in what has become a booming — and sometimes predatory — business, charged her more than $20,000 while regularly failing to show up in court. One lawyer charged Hall $2,800 for work he did trying to withdraw himself from the case.

Law enforcement officers are scheduled to come to Hall’s house to evict her and her family next week, nearly five years after a mortgage broker showed up on her doorstep unannounced, pitching a stress-free refinance… [emphasis added]

Inserted from <McClatchy DC>

Every which way she turned, this poor women was scammed by people holding jobs created by the Republican Jobs Program.  Republican leaders stand ready to create even more criminals to prey on you.

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  6 Responses to “The Republican Jobs Program”

  1. And this is a surprise because…? When Mrs. hall gets evicted she should move her family over to South Beach and find a sturdy box to live out of after all that is where the money is and them with her money should now be tasked with taking care of her and feeding and educating her kids.

    Alan Greenspan fought financial regulation for years because of belief in the “inherent honesty” in the market. So Mr. Greenspan how is that inherenty honesty thing workin’ out for ya? (wink wink)

  2. “Free market” Republican economics is a free-for-all and an absolute failure. The Republican “jobs program” is a snow job!

  3. This is a very sad case. The last startling horrendous blow was the court’s rocket docket that didn’t bother to look at the facts of the case.

    I’m not a fan of Florida even though my son and his wife live there. I keep encouraging them to escape while they can.

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