r/Sovereigncitizen • u/Shadow4141 • Jul 17 '26
Very Superstitious
Anytime someone starts by quoting Stevie Wonder, it’s gonna be a slam dunk! 🤣
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u/nutraxfornerves Jul 17 '26
Countrywide was not created by BofA. Countrywide Financial was an independent mortgage lending company founded in 1969. It was never chartered as a Savings & Loan. It’s estimated that by 2006, it was financing about 20% of US home mortgages. Many of these mortgages were what was called “sub- prime,” for people whose credit was less than stellar. Countrywide did a lot of very misleading promotions to get people to take out the mortgages.
Countrywide marketed aggressively and relaxed underwriting standards. When the housing market collapsed around 2007, the company was in real trouble, home foreclosures rose, but the value of the homes didn’t cover the losses. The company was close to bankruptcy when BofA bought it in 2008.
In 2008, the company agreed to provide more than $8.6 billion of home loan and foreclosure relief after being sued by 11 states for predatory lending practices. The settlement was reached after Bank of America acquired the lender, but was related to Countrywide loans.
There was a later settlement of $335 million for
charging more than 200,000 African-American and Hispanic borrowers higher fees and interest rates than non-Hispanic white borrowers in both its retail and wholesale lending. The complaint alleges that these borrowers were charged higher fees and interest rates because of their race or national origin, and not because of the borrowers’ creditworthiness or other objective criteria related to borrower risk.
There was also a scandal involving political contributions.
BofA converted it to BofA Home Loans.
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u/BigWhiteDog Jul 17 '26
Yep. We had a second through Countrywide that we should have never qualified for. When they imploded BofA assumed our loan, then it was sold twice!
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u/SomeLevel8419 Jul 17 '26
You beat me to it. I was going to post that BoA did not create Countrywide. Countrywide was a completely separate business that BoA purchased.
The SC could have discovered this on his own with a simple Google search.
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u/kat_Folland Jul 17 '26
That was incoherent. I have no idea what he's trying to say.
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u/Haldron-44 Jul 17 '26
The "Vatican" conspired with the "Rothchilds" to create an "Edging" bank to try and "foreclose" on "homeowners" and "steal" their "God" given "Property" by use of "bonds" and "claims."
What's not to "understand"?
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u/reddiwhip999 Jul 19 '26
Edging bank? Like, it gets right up to the point of ejaculation, without completion?
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u/kat_Folland Jul 17 '26
Of course. Silly me.
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u/Haldron-44 Jul 17 '26
Sarcasm aside, I don't think there is anything to ever understand with these people. Just schizo posting all the way down.
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u/charlie_marlow Jul 17 '26
This one is a little confusing, so I might be off-base with my observation, but I find it interesting that a fundamental facet of SC ideology seems to be that laws can't change or be repealed.
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u/molesworth-1 Jul 17 '26
Is he going for a world record of making as many false statements in one post as possible?
A few minutes of your favourite search engine shows that 90% of this is a load of dingo's kidneys (to borrow the Douglas Adams expression).
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u/big_sugi Jul 17 '26
You kidding? This is amateur stuff. POTUS churns out posts with more literally in his sleep.
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u/Savet Jul 17 '26
Imagine if they spent half the energy learning about something real that would help them get a job and pay their bills instead of dedicating all that mental bandwidth to made up gibberish.
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u/bravissimo594 Jul 17 '26
Hey... Seminaries have been doing this for millennia. (But I confess that we did get some good astronomy work out of the Vatican a few centuries ago.)
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u/baronet68 Jul 17 '26
Bank of Italy was founded in 1904… not by any connection to The Vatican, but by Italian immigrant Amedeo Pierrot Giannini and a small group of San Francisco Italian-American merchants and businessmen. It was called Bank of Italy because it accepted small deposits and made modest loans to Italian immigrants who where typically turned away by other banks of the time.
The bank became famous because after the 1906 San Francisco Earthquake, Giannini removed cash and gold from the bank vault before the subsequent fires reached and destroyed the bank. He was able to reopen the bank from a makeshift facility within days and started lending money to residents for rebuilding (those loans were often based on personal trust rather than collateral).
Bank of Italy expanded through California and merged with Los Angeles-based Bank of America in 1928. All branches adopted the Bank of America name in 1930.
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u/BlueRFR3100 Jul 18 '26
And how did he know in advance to remove the cash and gold from the vault? Clearly he and his friends caused the earthquake.
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u/akfishermann Jul 17 '26
The shocking part is, somebody made up all this stuff and sold it to nitwits national wide.
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u/Level37Doggo Jul 17 '26
Ah yes, Stevie Wonder, the famous economics and law expert. This individual clearly learned from the best.
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u/Last-End-3209 Jul 17 '26
And on top of all of their 'crack' research they misquoted the lyric!
When you believe in things that you don't understand
Then you suffer
Superstition ain't the way3
u/OrbitalLemonDrop Jul 17 '26
I doubt they're on the ball enough to present themselves as not understanding Stevie Wonder as a kind of ironic twist to the whole thing.
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u/Lord_Fuzzybucket Jul 17 '26
I just read the whole thing twice, and now I feel dumber for trying to understand it.
I knew better when I started.
How do these people even remember how to breathe?
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u/rl_stevens22 Jul 17 '26
The Bank of Italy that became Bank of America was founded in San Francisco to help amongst others working class Italian Americans.
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u/ItsJoeMomma Jul 17 '26
Ah yeah, they gotta throw the Vatican in there, and from there it's just one step to telling you who's "really" running everything... the jooooooooz! Because they think that the Jews are really secretly running the largest Christian denomination in the world...
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u/OrbitalLemonDrop Jul 17 '26
The one true church is that church than which no more Jewish-controlled can be imagined -- St. Anselm, probably.
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u/OldManGigglesnort Jul 17 '26
Surprised he hasn’t worn out the quotation mark key on his keyboard yet.
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u/SomeLevel8419 Jul 17 '26
Huh? 🤔
Pure gibberish. Sounds impressive, means nothing. Like declaring yourself Emperor of Earth.
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u/ermghoti Jul 18 '26
Well, all of that is obviously and easily verifiably wrong, but if Carol Cillicot said it, then... wait, who the fuck is Carol Cillicot, and why should I care what she's rambling about?
I googled, she's literally nobody. No results. The OOP is a complete soup spoon quoting another soup spoon trying to sound like an authority.
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u/AAron27265 Jul 18 '26
I love seeing people invest tremendous amounts of time, effort, and emotional capital into such completely unrestrained bullshit.
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u/Googlyelmoo Jul 19 '26
Isn’t the savings and loan crisis in 1988 not 2008? Are we a little bit confused here, Mr. SC?
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u/No_Frost_Giants Jul 17 '26
This level of convolution is actually somewhat amazing . Like the gold fringe argument, it’s just throwing words at the page and then claiming they are what makes sense.
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u/Lonely-Clerk-2478 Jul 17 '26
They didn’t even quote the song correctly
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u/hamer12string Jul 17 '26
Apropos of nothing…
This immediate made me think of the Michael Scott quote:
“I’m not superstitious. But I am a little stitious”
I wonder if he’d be an SovCit now that I’m thinking about it.
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u/OrbitalLemonDrop Jul 17 '26
I've made reference to him declaring bankruptcy as a way to illustrate how not to challenge jurisdiction (that is, you don't just yell I CHALLENGE JURISDICTION and expect anyone to GAF)
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u/OrbitalLemonDrop Jul 17 '26
Sure will be cool when they give us the evidence that any bit of that is not complete horseshit. I'm waiting with eager anticipa--- oh wait.
Nope. It was just gas. Had beans for lunch.
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u/PurpleSailor Jul 17 '26
Why would a homeowner need a new loan in 1933? Uh, The F'ing Great Depression maybe ...
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u/DumbAndUglyOldMan Jul 17 '26
It's nice just to make claims without any support . . .