Saturday, October 16, 2010
This week the banks backed off of foreclosures because the paperwork involved in 19th century protocols that 21st century computers did not have a clue about.
The morality of foreclosure never existed. The legality of having the right papers to sign in mass foreclosure brought even the mighty banks to a temporary halt. Or at least until a judge somewhere says go ahead with the process.
The computer speeds things up and creates volume. It does not however create quality or accuracy. These front office jockeys who have outsourced half our jobs off to China and India do not know how the back office works or is supposed to work.
It is as if corporations are all sitting in luxury carriages and have dismissed the horse and coachman mainly due to the expense of the horse and the coachman’s meager wages. It all goes unnoticed if the traffic is all down hill which it is at the moment. Does gravity really run our largest corporations at the present moment and not common sense???
God save us all from the U.S.S. Titanic mindset of the idiots in charge of business and government.