I am up early. I leave this morning to return to Key West.
It is time.
I stopped at Barnes & Noble yesterday. Utica’s Borders. I needed a book to read on the return trip.
Barnes & Noble here is about six times the size of Key West’s Borders. Surprisingly, though physically larger, there were not many people walking about. Key West’s Borders is busier.
I asked one of the sales persons why so few people. She said that is the way it was. It got busier in the evening. Just the opposite from Key West where it is busy by day and slow by night.
I was a bit lost at Barnes & Noble. It is like grocery shopping at a different super market. You don’t know where anything is.
I finally zeroed in on a book. An oldie. Sun Tzu’s The Art of War. Written around 500 B.C. and translated into English in 1910.
It seemed like an appropriate book to read following Bob Woodward’s Obama’s Wars.
I started the book last night. Already I have come across three interesting statements.
“There is no instance of a country having benefited from prolonged warfare.”
“…if the campaign is protracted, the resources of the State will not be equal to the strain.”
“In war, the general receives his commands from the sovereign.”
Wisdom from the ages. Food for thought.
I spent the afternoon visiting with my 96 year old Dad. We talked about everything. His final comments to me in recent visits, including this one, are the same. This may be the last time I see you.
I hope he continues to make that comment to me many more times.
Trust not the banks! Remember their mighty contribution to our present economic state.
Bank of America announced yesterday it was stopping foreclosure sales in all 50 states. It has to do with the paperwork.
I trust them not.
Bank of America did not say it was temporaily stopping all foreclosures or foreclosure proceedings. It said “sales.” A sale is the final step in the foreclosure process. The wrongdoing by the banks is in the paperwork for the mortgage and the subsequenst transfer of the mortgage paper to other banks. Also the foreclosure decision paperwork itself appears flawed.
To continue the process and merely hold off the sale is of limited benefit to the American public. If Bank of America continues the foreclosure process and merely delays the sale, it is like bringing everyone to death row, taking them to the gallows, putting the rope around their necks and then letting them stand for months till the execution is permitted to take place.
Interestingly, the other banks that have stopped foreclosures because of flawed paperwork have halted them where they stand. Not at the sale stage itself!
I could be wrong and Bank of America is stopping the whole proces as it stands. But the wording of the press articles specifically refers to “sales.” I am a lawyer and worry about words and what they mean. Or are intended to mean.
Tonight Key West!
Enjoy your day!