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Posted by Steve B on February 24, 2010, 11:26 am
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http://www.wlwt.com/news/22600154/detail.html
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Posted by Ed Huntress on February 24, 2010, 11:54 am
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> http://www.wlwt.com/news/22600154/detail.html
>
<sigh> Another liberal who doesn't respect the sanctity of contracts...
--
Ed Huntress
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Posted by Mark Rand on February 24, 2010, 2:31 pm
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wrote:
>
>> http://www.wlwt.com/news/22600154/detail.html
>>
>
><sigh> Another liberal who doesn't respect the sanctity of contracts...
Isn't robbing a bank of its property an offence?
Mark Rand
RTFM
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Posted by Steve B on February 24, 2010, 3:04 pm
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> On Wed, 24 Feb 2010 11:54:55 -0500, "Ed Huntress"
> wrote:
>
>>
>>> http://www.wlwt.com/news/22600154/detail.html
>>>
>>
>><sigh> Another liberal who doesn't respect the sanctity of contracts...
>
>
> Isn't robbing a bank of its property an offence?
>
>
> Mark Rand
> RTFM
Once you have lost everything you got, what's the downside?
I love those stories that report John Q. Gunderson was arrested after a
robbery, high speed pursuit that left people injured, three police cruisers
totaled, and crossed into three counties. Mr. Gunderson allegedly was
fleeing from an armed robbery. He was charged with attempted murder,
robbery with a firearm, discharge of a weapon in a building, felony evasion
of police, resisting arrest, attempted murder of a police officer, property
damage, assault with intent to inflict great bodily harm,
and
speeding
and
littering.
I wonder how much time the littering charge carries.
Steve
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Posted by Ed Huntress on February 24, 2010, 3:05 pm
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> On Wed, 24 Feb 2010 11:54:55 -0500, "Ed Huntress"
> wrote:
>
>>
>>> http://www.wlwt.com/news/22600154/detail.html
>>>
>>
>><sigh> Another liberal who doesn't respect the sanctity of contracts...
>
>
> Isn't robbing a bank of its property an offence?
>
>
> Mark Rand
> RTFM
As the guy said, he consulted with his lawyer before he did it and he knows
that he's in for trouble. The lawyers will be sorting this one out for a
while.
In the US (most states; there are some grandfathered "land contract" deals
that make the mortgagor the property owner), the bank doesn't own the
property if you have a mortgage on it, but it can obtain a lien if you
default on the terms of the mortgage. A lot of laws have changed on this in
recent years but it probably would be considered the bank's "property" at
that point. The bank apparently already had a lien on the property.
Except that the IRS also had filed a lien. And the guy undoubtedly broke
local laws by demolishing a building without a permit. That is, assuming
that the supposed $350,000 valuation on the property implies a civilized
municipality. Lawyers galore! Federal and state! Full employment for at
least a couple of law firms! <ggg>
The IRS almost always wins. They'll probably get any money involved, after
legal fees. If the guy is found guilty of defrauding anyone, it probably
will be the federal government. Ouch.
--
Ed Huntress
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