Greedy Gubmint

Many who support the state do so with the specious notion that government somehow acts in the best interest of the people, that it is generous and neither self-centered nor greedy. And that there will be a recourse for injustice.

As we know, nothing could be further from the truth. I have come across a few news articles that provide blatant but little-known examples of federal, state and local governments ripping off their citizens. If this happened in an earlier age, I would expect to see pillows being emptied and cauldrons of hot tar being prepared for those involved.

ABC reported in 2008, that cash strapped states are seizing safe deposit boxes under the guise of "abandoned property". In the process, many current owners of safe deposit boxes are having theirs seized as well! Check this story and video out!

http://abcnews.go.com/GMA/story?id=4832471&page=1

Three years. In California, the waiting period used to be 15 years. It was later reduced to 7, then 5 and finally 3. There are attempts to reduce even that to just 1 year. And what if you weren't aware of the change?

Another outrage is from the People's Republik of Maryland. Police Officers in The City of Baltimore have not been providing tickets to the accused violators. This makes the accused, who are unaware that a ticket has been issued, miss deadlines for appeal and accumulate fines, in some cases for years without notification, which makes the penalties skyrocket. (See http://articles.baltimoresun.com/2009-04-20/news/0904190081_1_parking-fines-overdue-parking-parking-tickets) Baltimore Police also have not been crediting the accounts when the accused do pay their fines, also generating additional penalties. Not only that, the Baltimore Police have been found to write bogus tickets. I actually know someone to whom all of these things have happened.

The Baltimore government is complicit in this. In this video, listen to the arrogance of Baltimore Mayor Sheila Dixon, who outright lies when she says that this is not about money and promises an internal investigation. (Yeah right!) Dixon will be tried on perjury charges in the spring and was just convicted of stealing gift cards that were intended for poor children. Dixon spent the cards on herself in a shopping spree.

http://www.truveo.com/Baltimore-City-Investigates-Bogus-Parking-Tickets/id/349698686

Finally, I have a story on the FDIC. As we know the FDIC is broke many times over. Despite the fact that bank customers pay for the insurance, when it comes time to pay, the money isn't there.

Here is the experience of a woman in Dallas:

I made a deposit of $141,000 with IndyMac. Even though the limit for insurability was $100,000, I felt comfortable. No huge bank had been closed for many years. Three weeks later, IndyMac bank went belly-up. I found out the day of closing (a Friday in July) that the bank would return $100,000 and would pay back another $20,000 as a "dividend" at the direction of Federal Deposit Insurance Corp. The following week, an FDIC agent told me an IOU would be issued to me; as the bank's assets were sold, I would be first in line to receive the rest of my money.

A month later, I spoke to an FDIC agent in Dallas who told me it was very "unlikely" that I would receive any more money.

She said the FDIC had already decided how much it would invest in that bank's closure and all but said the IOU was worthless. I see IndyMac's assets being sold now, and the bank continues to conduct business as usual. But I have had no communication and it's looking grim. The government keeps throwing money at financial institutions, but obviously nothing is coming my way. (http://finance.yahoo.com/banking-budgeting/article/108019/hair-raising-money-tales?)

So, as we all know, those in government can't be trusted to play by the rules they set! When they screw up (often intentionally since there is no consequence to themselves), there is nothing you can do about it. They don't care what they do to the innocent or the lives they destroy. They make the rules, they control the courts. You are SOL.

Be seeing you!

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hannahP
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Posted on: December 14, 2009 - 5:03am #1

Injustice usually happened anywhere but not in the banks because the office of the Comptroller of the Currency has a significant role in drafting regulations and reaching legal judgements on a range of issues affecting the banking sector and performs another key function with abusive lending practices and other issues of direct concern to bank customers. Not every organization with an official title has an important job to do, but the OCC has a real job to do unlike any other agencies. Currently about 1,600 banks and 50 branches of foreign banks in the US fall under OCC jurisdiction.


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