or the repo/eviction men come, but it reaches such a huge mass that police more or less stop enforcing the orders. And some cops may actively engage in civil disobedience, telling the banks to shove it since the homeowner didn’t get bailed out like the bankers did.

A cousin of mine is an attorney. Decent guy other than that, but anyway. He told me a story about a client of his last year. But first set the wayback machine to 2005. A guy buys a condo in Seattle, No-doc, no-down, blah blah. Moves in. Never makes a single mortgage payment. Never makes a single property tax payment. Or condo association dues payment. Two years later, the bank forcloses. Eventually it goes to auction, and Cuz’es client buys it. Pays back taxes, dues, etc. Goes to tell the deadbeat (who’s still living there) that he bought it, needs him to move out, etc. At this point, the buyer didn’t reaize the guy had never made any payments, just thought he’d hit some back luck, and was trying to be nice. Deadbeat says he’ll need some time to look for a new place.

Keeps saying that, week after week. Finally, buyer get’s fed up and call Sheriff about evicting the guy. Well, this sits on the Sheriff Dept’s priority list about half a notch above jabbing a hot needle in their eye, so it takes some time (quite a bit of it billabe to Cuz). Eventually, 18 months after the auction, the deadbeat is evicted. He’d “bought” the place with no intention of ever making a payment and lived rent-free for over 4 years in a luxury condo.

Bad enough, but the real kicker is, it was the third time the guy had done the same thing. And no, he wasn’t arrested and nobody has charged him with anything.

Just another datapoint in how the scammers are living off the rest of us and suffering no consequences.