Racketeering - REO Property Preservation Forum
 
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post #1 of 9 (permalink) Old 07-09-2016, 02:25 PM Thread Starter
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Racketeering

If you look up the definition of racketeering you will find it to be extremely similar or SPOT ON to the problem with this industry. Below is a definition example directly pasted from the Merriam-Webster dictionary.

a person who gets money or advantages by using force or threats

If you look around all other you will find that these national companies are indeed committing racketeering amongst many other unethical and most likely "illegal" business practices.

I am going to dedicate some time this week on looking into this further and throw it at a few of my friends who are high powered lawyers. I ran it past one of my friends once before and he agreed that there is a clear issue that can be litigated for a class action suit.

I am willing to dedicate some time into this. I would like to take a small poll and see if everyone is into this. If not then you can keep your tail between your legs and also keep whining about how things should be.

I look forward to the feedback from you all.

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post #2 of 9 (permalink) Old 07-09-2016, 02:45 PM
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Of course you can take action

[QUOTE=USConsulting;144729]If you look up the definition of racketeering you will find it to be extremely similar or SPOT ON to the problem with this industry. Below is a definition example directly pasted from the Merriam-Webster dictionary.

a person who gets money or advantages by using force or threats

If you look around all other you will find that these national companies are indeed committing racketeering amongst many other unethical and most likely "illegal" business practices.

I am going to dedicate some time this week on looking into this further and throw it at a few of my friends who are high powered lawyers. I ran it past one of my friends once before and he agreed that there is a clear issue that can be litigated for a class action suit.

I am willing to dedicate some time into this. I would like to take a small poll and see if everyone is into this. If not then you can keep your tail between your legs and also keep whining about how things should be.

I look forward to the feedback from you all.

MINIMAL WAGE STANDARD


Wells, Bank of America hiring companies that don't make the minimal wage standard even in IRAQ.
Bank of America is safe guard
They can and will be sued. That's when change will happen
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post #3 of 9 (permalink) Old 07-09-2016, 03:43 PM
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Originally Posted by USConsulting View Post

a person who gets money or advantages by using force or threats
How is that any different than Uncle Sam and the IRS?
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post #4 of 9 (permalink) Old 07-09-2016, 06:52 PM
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I can't help but wonder, if someone finally wins a class action suit against the industry, if the whole house of cards comes down and we all end up out of work for a few months while they figure out how to go from there. That's a whole **** ton of people with no income suddenly. From Nat's to Contractors, Regionals, contractor's workers, subs, etc...plus all their families...
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post #5 of 9 (permalink) Old 07-09-2016, 07:35 PM
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I can't help but wonder, if someone finally wins a class action suit against the industry, if the whole house of cards comes down and we all end up out of work for a few months while they figure out how to go from there. That's a whole **** ton of people with no income suddenly. From Nat's to Contractors, Regionals, contractor's workers, subs, etc...plus all their families...
If you don't have enough money saved from working this business to survive 2 months then the crumbling house of cards is the wake call you should have had a long time ago.


Personally, I can't wait for the day all the nationals tip over belly up (sorry NickT :-)....but I highly doubt it'll ever happen
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post #6 of 9 (permalink) Old 07-09-2016, 09:50 PM
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Agreed.

I don't think it will ever collapse in the favor of the vendor, it'll just collapse and go away. There are few "laws" anymore that will be followed to allow the vendor to win over the management group, especially when the government is complicit in making it "work" right now.

I give up- after this last week in Washington DC, I'm satisfied to just take care of myself and my family, and just ride out life. We're never going to win- the rules will always keep changing to make sure of that. That's why SG will never be responsible, etc., etc., etc...

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post #7 of 9 (permalink) Old 07-09-2016, 10:57 PM
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Is that your INTENT?

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post #8 of 9 (permalink) Old 07-10-2016, 05:42 AM
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I saw what you did there...
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post #9 of 9 (permalink) Old 07-10-2016, 11:39 AM Thread Starter
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[quote=Bigtrucker;144745]
Quote:
Originally Posted by USConsulting View Post
If you look up the definition of racketeering you will find it to be extremely similar or SPOT ON to the problem with this industry. Below is a definition example directly pasted from the Merriam-Webster dictionary.

a person who gets money or advantages by using force or threats

If you look around all other you will find that these national companies are indeed committing racketeering amongst many other unethical and most likely "illegal" business practices.

I am going to dedicate some time this week on looking into this further and throw it at a few of my friends who are high powered lawyers. I ran it past one of my friends once before and he agreed that there is a clear issue that can be litigated for a class action suit.

I am willing to dedicate some time into this. I would like to take a small poll and see if everyone is into this. If not then you can keep your tail between your legs and also keep whining about how things should be.

I look forward to the feedback from you all.

MINIMAL WAGE STANDARD


Wells, Bank of America hiring companies that don't make the minimal wage standard even in IRAQ.
Bank of America is safe guard
They can and will be sued. That's when change will happen

This would be a very timely process but I did pole into it and it will work. Racketeering supersedes "free enterprise" as the nationals companies use as defense. Stay tuned, I will devote 5-10 hours this week to get a general consensus.
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