We received a letter from the insurance adjuster yesterday. The estimated damage to our home is $22,343 of which the insurance company paid out $16,860 in a check written out to the bank (the ones that don’t have an interest in our home), ourselves and our attorney. Now the fun starts and the reality of the situation becomes clear. The bank will want the money to pay on the non-existent mortgage (the still valid note)…even though they have absolutely no interest in the house. Our lawyers firms name on the check at least guarantees that will not happen (which is a good thing). However, it also means that it will be forever before we receive if we ever receive, those funds. There is still the little matter of whether the bank can now, seeing the insurance company has paid on the claim, rescind the policy.
How insane is all of this? We will, again, sit for years and in the meantime, through each storm my poor home suffers through, she will slowly deteriorate and the fund are available (in a sense, there’s a check) and yet, another brick wall.
As I described in my posting An Apology to Our Neighbors, Our Neighborhood and Our City, this whole drama has been nothing but smokescreens and brick walls. The bank, after losing our mortgage, has silently and methodically made our lives a living hell, by consistently reporting our non-existent mortgage on our credit report and intervening in everything that should be our responsibility in regards to OUR home.
This, again, has made me weary. It’s another “no surprises here” moment. Everything that I was raised to believe regarding our systems and way of life was a lie; more so now than ever. We have all been in a coma; believing all that we have been told by our government and our media. When our government and our courts allow the banking institutions to put middle America through this type of victimization; allowing these offenders to cry that they have had their constitutional rights stepped on; we have allowed them to many freedoms. At what point in time did the banks rights supersede the rights of the American people? At what point did the rapist become the victim?
The motto of this blog is reflected in Thomas Jefferson’s quote, “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered…I believe that banking institutions are more dangerous to our liberties than standing armies… The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
He knew what he was talking about, because that is precisely what has happened. The president and the powers that be need to enact the last sentence of this quote and return the power to the people to whom the property belongs.