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Date Posted: 08:38:53 09/08/11 Thu
Author: George
Subject: Re: Hiding Information
In reply to: George 's message, "Hiding Information" on 20:03:22 05/17/11 Tue

Since John has begun posting again to try to push into the archives material that the leadership finds objectionable, I will just have to figure out what material that is, and keep it on the main page.

George

>I noted with some interest today an article in
>Bloomberg that attributed the current financial crisis
>to a deliberate dismantling of the 150 year old
>financial information system.
>
>The author claimed that as the system operates today,
>courts cannot even order foreclosures of properties
>because the financial and real estate accounting and
>recording rules are so nonexistent that the court
>cannot identify the true owner of the property and the
>real mortgagee. Many properties were listed as held by
>a shell corporation, rather than the actual
>lienholder. He lamented that in such an environment,
>no deals can be made because risk cannot be assessed
>with assets and debts hidden off the books, and
>accountability lost in a hall of mirrors.
>
>I would agree with him. The same problem exists in the
>CofC, where information is withheld, and/or distorted
>in such a way that common consent is no longer
>possible. The claim presented to the NCC that the CofC
>was NOT founded by Joseph Smith, Jr. is a case in
>point.
>
>As Leonard Pitts wrote in an editorial in the Houston
>Chronicle last year, without information, it is
>impossible for a people to consent to anything. "They
>can only be led like sheep. And we all know what
>happens to sheep."
>
>George

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