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Old 09-26-2009, 11:30 PM   #16
micjer
Avalon Senior Member
 
Join Date: Sep 2008
Location: Ont. CANADA
Posts: 1,043
Default Re: Shocker : Fed To Print 1.45 Trillion dollars

Quote:
Originally Posted by Northern Boy View Post
You and i both know this Jonathon many others are catching on .A contract between 2 parties stays between two parties If one wishes to divest itself of the contract it must inform the other party of this and the other party must agree other wise it is altering the terms of the contract.

Anytime you get a notice from the hydro company or cable / mobile phone provider of rate increases they are altering the terms of the contract . If you do nothing you become bound by the new rate charge and must pay it . When you get the rate increase if you call the hydro company and tell them you do not agree to the increase then they must abide by the original agreement you signed with them. If they refuse you have the option of releasing them and finding another provider. So that cell phone you just got at a discount for signing a three year contract is now yours and you can opt out of the contract.

Anyone calling you demanding payment of a bill who is not part of the original contract and provided you have not fallen into dishonor with , is a third party interloper and have no standing do not engage them in conversation or you enter into contract with them and any thing you agree to with them you become bound by.

Landmark Decision: Massive Relief for Homeowners and Trouble for the Banks


A landmark ruling in a recent Kansas Supreme Court case may have given millions of distressed homeowners the legal wedge they need to avoid foreclosure. In Landmark National Bank v. Kesler, 2009 Kan. LEXIS 834, the Kansas Supreme Court held that a nominee company called MERS has no right or standing to bring an action for foreclosure. MERS is an acronym for Mortgage Electronic Registration Systems, a private company that registers mortgages electronically and tracks changes in ownership. The significance of the holding is that if MERS has no standing to foreclose, then nobody has standing to foreclose – on 60 million mortgages. That is the number of American mortgages currently reported to be held by MERS. Over half of all new U.S. residential mortgage loans are registered with MERS and recorded in its name. Holdings of the Kansas Supreme Court are not binding on the rest of the country, but they are dicta of which other courts take note; and the reasoning behind the decision is sound.

http://www.globalresearch.ca/index.p...t=va&aid=15324

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