The Stone that Brings Down Goliath?
Tue, 3/4/2014 - by Ellen Brown
This article originally appeared on Web of Debt

In a nearly $13 billion settlement with the U.S. Justice Department in November 2013, JPMorganChase admitted that it, along with every other large U.S. bank, had engaged in mortgage fraud as a routine business practice, sowing the seeds of the mortgage meltdown. JPMorgan and other megabanks have now been caught in over a dozen major frauds, including LIBOR-rigging and bid-rigging; yet no prominent banker has gone to jail.

Meanwhile, nearly a quarter of all mortgages nationally remain underwater (meaning the balance owed exceeds the current value of the home), sapping homeowners' budgets, the housing market and the economy. Since the banks, the courts and the federal government have failed to give adequate relief to homeowners, some cities are taking matters into their own hands.

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http://www.occupy.com/article/stone-brings-down-goliath

Screw the banks, I really liked the part about eminent domain as a solution for the people. I also support property ownership by Allodial title.