Jamesb101.com

commentary on Politics and a little bit of everything else

Reid calls on lenders to halt foreclosures in all states…..

With This Senate Majprity Leader Harry Reid gets ahead of a issue that is dealing with the Economy and basic fairness…

I was listening to the CEO of the Bank America today…

The guy thinks this problem is gonna be gone in a few weeks…

I don’t think so…..

 

Senate Majority Leader Harry Reid(D-Nev.) called on major lenders to halt foreclosures across the country Friday following Bank of America‘s announcement that it will suspend all such proceedings until a review ofpossible paperwork problems is completed.

Reid, who had sent a letter to major banks asking them to suspend foreclosures in Nevada, extended his concern to include all 50 states.

“I thank Bank of America for doing the right thing by suspending actions on foreclosures while this investigation runs its course,” he said. “I urge other major mortgage servicers to consider expanding the area where they have halted foreclosures to all 50 states as well.”

Reid is the latest Democratic leader to join a growing chorus of lawmakers and state attorneys general who have called for greater scrutiny of the foreclosure process and a nationwide moratorium. Homeowner advocates say that lenders have used dubious paperwork to expedite the eviction of homeowners who are behind on their payments.

Pressure on the banks continues to grow on Capitol Hill, where Sen. Christopher J. Dodd (D-Conn.) said Friday that the banking committee he chairs will hold hearings Nov. 16 to investigate the foreclosure paperwork morass.

In its announcement, Bank of America, the country’s largest bank, said it is halting all foreclosure sales and foreclosure proceedings nationwide while it reviews the documents being used to justify homeowner evictions.

It is the first bank to put a moratorium on foreclosures in all states. Previously, Bank of America, JPMorgan Chase and others were only pausing foreclosures in states where a court has to participate in foreclosure proceedings.

“Bank of America has extended our review of foreclosure documents to all fifty states,” the bank said in a statement. “We will stop foreclosure sales until our assessment has been satisfactorily completed. Our ongoing assessment shows the basis for foreclosure decisions are accurate. We continue to serve the interests of our customers, investors and communities. Providing solutions for distressed homeowners remains our primary focus.”…..

More….

 

October 8, 2010 Posted by | Counterpoints, Government, Home, Law, Media, Other Things, The Economy, Updates | | Leave a comment

Men and Women Behaving Badly….The Duke F*#k thesis and Bret Farve and the 23 year old….

The Duke Story…..


This folks…. has gone viral…….

Just a research paper made up that has grown and GROWN!

The topic was the performace of the subjects in bed… in the college study… done by a female at Duke University…

More…..
The Bret Frave Story….

I just got finished talking my middle son about Bret Farve….

He was amazed at the Vikings QB absence of common sense in sending a 23 year female alleged naked pictures of himself….

Amazed I kept asking my son….

Amazed?

Men….especially men in celebrity or powerful positions attract women…

And go after young women….

These men, who are ALL married get in trouble because men are…..

Men….

The list is long…..

And ageless…..

And Oh, yea…He’s a GOOD, COOL guy….

A Grandfather….

So what?

He’s a man… ain’t he?

More….


 

October 8, 2010 Posted by | Blogs, Breaking News, Counterpoints, Entertainment, Family, Media, Men, Sports, Updates, Women | , | Leave a comment

Mississippi Lawyer Jailed for Refusing to Recite Pledge of Allegiance….

File this under the

I don’t believe this happened in America file…..

 


With liberty and justice for all.” A Mississippi judge jailed a lawyer for several hours this week for refusing to recite the Pledge of Allegiance, but the attorney wouldn’t back down and says he’s still processing the incident and trying to decide what to do next.

On Wednesday, Chancery Judge Talmadge Littlejohn told Oxford lawyer Danny Lampley to “purge himself” of contempt by standing and repeating the oath like others in the courtroom. When Lampley wouldn’t budge, the judge put him in the can for 4½ hours, eventually releasing him so he could represent another client, theNortheast Mississippi Daily Journal reported.
Mississippi lawyer Danny Lampley
“I don’t have to say it because I’m an American,” Lampley said. “I’m just to going to back off on this.” The law seems to be on Lampley’s side. Way back in 1943, the U.S. Supreme Court ruled that school children could not be forced to salute the flag and say the pledge.

Lampley, 49, a graduate of the University of Mississippi Law, said his telephone started ringing at 6:55 a.m. Thursday with reaction to his situation. “It’s going to take me a couple of days to wrap my mind around this,” he told the newspaper. “It started so early, it’s been hard to get something to eat.”

Littlejohn, a former state legislator, has immunity as a jurist and can’t be sued, according to Ole Miss Law Professor George Cochran. …..

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October 8, 2010 Posted by | Blogs, Breaking News, Government, Law, Media, Men, Updates | , , | Leave a comment