Throwing the little guy under the EWC bus – Frans Cronjé

[daveza]

in the event of a client’s property being expropriated, the client would remain liable to settle the outstanding mortgage balance.

Like that's ever going to happen.

 

[Sinbad]

haha yeah. My bond is secured on my property. If my property is expropriated, I will claim force majeure and the bank can attach the assets of the new owner in order to recover the loan... Not my problem.

If the banks can't see this coming, then I dunno.

 

[surface]

Do they have minerals on them?

Perhaps. I am too busy on this forum to check it.

 

[thestaggy]

Where did this happen? What was government doing that time? Were you there? Did you take video? How do you know it really happened?

You try way too hard to troll.

You know damn well what has happened in the past regarding land in SA and you know damn well that it was not conducive to building a cohesive society, so anybody trying to sell that line today regarding EWC is foolish beyond words.

 

[surface]

You try way too hard to troll.

You know damn well what has happened in the past regarding land in SA and you know damn well that it was not conducive to building a cohesive society, so anybody trying to sell that line today regarding EWC is foolish beyond words.

I am really not convinced. All the land that was taken was taken the legal way as per what I heard on this forum. That is why there is opposition to EWC. Are you perhaps too low IQ to understand all this?

 

[dualmeister]

Guess it will really suck if you have paid off your land and they take it.
Can write off your life's work

 

[Cray]

I am really not convinced. All the land that was taken was taken the legal way as per what I heard on this forum. That is why there is opposition to EWC. Are you perhaps too low IQ to understand all this?

So if you regard the previous land confiscations (under apartheid) as legal then you would have no cause for complaint about EWC right, I mean, it would be legal right?

 

[Cray]

Guess it will really suck if you have paid off your land and they take it.
Can write off your life's work

The first person they do this to is going to become a cause célèbre, not just here but overseas - would be a massive sh*t storm that will have very far-reaching consequences...

 

[Temujin]

Good luck with that SA Home Loans
Reality is, first things to go when **** hits fan is places like you and banks are gone in a matter of months.... we'll all be q'ing outside the only financial institution left, soe postbank, with our wheelbarrows so we can buy a half loaf for the week

 

[surface]

So if you regard the previous land confiscations (under apartheid) as legal then you would have no cause for complaint about EWC right, I mean, it would be legal right?

exactly my point. And as per the clan here, fair price was paid to zulus so all good.

 

[konfab]

So if you regard the previous land confiscations (under apartheid) as legal then you would have no cause for complaint about EWC right, I mean, it would be legal right?

The reverse applies as well.
If you think there is nothing morally wrong with EWC, then you also therefore have no cause for complaint with the land confiscations under apartheid. This is the fallacy that all the progressives wanting EWC in this country are committing.

The only justification the government and their progressive allies have is one based on racism, that is that all white land owners acquired their properties in an immoral way.

 

[ponder]

They can actually legally say whatever they want...

The bank can get fscked if they think I'd pay a single cent towards a bond on a property that has been expropriated.

Garnishing order, attaching moveable assets etc...

 

[konfab]

The first person they do this to is going to become a cause célèbre, not just here but overseas - would be a massive sh*t storm that will have very far-reaching consequences...

It is going to cause an absolute shitstorm.

Because once they start doing it, everyone who gets targeted by the government will very likely be able to apply for refugee status.

1. Not every person who is outside their own country and has a well-founded fear of persecution is a Convention refugee . One of the conditions for qualification for refugee status within the meaning of Art. 1(A) of the Geneva Refugee Convention is the existence of a causal link between the reasons for persecution, namely race, religion, nationality, political opinion or membership of a particular social group, and the acts of persecution or the absence of protection against such acts. Persecution based on any other ground will not be considered. The risk of being persecuted may sometimes arise in circumstances where two or more Convention grounds combine in the same person, in which case the combination of such grounds defines the causal connection to the well-founded fear of being persecuted.
2. The following definitions come into play when States attempt to determine who is and who is not a refugee :
- race is used in its broadest sense and includes ethnic and social groups of common descent;
- religion also has meaning, including identification with a group that tends to share common traditions or beliefs, as well as the active practice of religion;
- nationality includes an individual’s citizenship. Persecution of ethnic, linguistic and cultural groups within a population also may be termed persecution based on nationality;
- a particular social group refers to people who share a similar background, habits or social status. This category often overlaps with persecution based on one of the other four grounds. It has applied to families of capitalists, landowners, homosexuals, entrepreneurs and former members of the military;
- political opinion refers to ideas not tolerated by the authorities, including opinions critical of government policies and methods. It includes opinions attributed to individuals even if the individual does not in fact hold that opinion. Individuals who conceal their political opinions until after they have fled their countries may qualify for refugee status if they can show that their views are likely to subject them to persecution if they return home.

https://ec.europa.eu/home-affairs/w...sary_search/convention-grounds-persecution_en

 

[konfab]

Garnishing order, attaching moveable assets etc...

I don't think they would get far with a garnishee order. Especially if someone has had their home or business taken away from them by the government.

 

[SoldierMan]

Ten years agao I'd agree with you. But looking at some of the later judgements, I'm not so sure. Also consider if you've lost your livelihood, you'd probably not be in a position to afford advocates etc for the high court, SCA , constitutional court.

Yeah I'm thinking that there might be a group effort by some farmers and some kind of fund setup to assist with the case. Who knows though.

Like has been said many might just tell the banks to f off.

 

[ponder]

The first person they do this to is going to become a cause célèbre, not just here but overseas - would be a massive sh*t storm that will have very far-reaching consequences...

Nah, not gonna happen.

 

[3WA]

It is going to cause an absolute shitstorm.

Because once they start doing it, everyone who gets targeted by the government will very likely be able to apply for refugee status.
QUOTE]
1. Not every person who is outside their own country and has a well-founded fear of persecution is a Convention refugee . One of the conditions for qualification for refugee status within the meaning of Art. 1(A) of the Geneva Refugee Convention is the existence of a causal link between the reasons for persecution, namely race, religion, nationality, political opinion or membership of a particular social group, and the acts of persecution or the absence of protection against such acts. Persecution based on any other ground will not be considered. The risk of being persecuted may sometimes arise in circumstances where two or more Convention grounds combine in the same person, in which case the combination of such grounds defines the causal connection to the well-founded fear of being persecuted.
2. The following definitions come into play when States attempt to determine who is and who is not a refugee :
- race is used in its broadest sense and includes ethnic and social groups of common descent;
- religion also has meaning, including identification with a group that tends to share common traditions or beliefs, as well as the active practice of religion;
- nationality includes an individual’s citizenship. Persecution of ethnic, linguistic and cultural groups within a population also may be termed persecution based on nationality;
- a particular social group refers to people who share a similar background, habits or social status. This category often overlaps with persecution based on one of the other four grounds. It has applied to families of capitalists, landowners, homosexuals, entrepreneurs and former members of the military;
- political opinion refers to ideas not tolerated by the authorities, including opinions critical of government policies and methods. It includes opinions attributed to individuals even if the individual does not in fact hold that opinion. Individuals who conceal their political opinions until after they have fled their countries may qualify for refugee status if they can show that their views are likely to subject them to persecution if they return home.

https://ec.europa.eu/home-affairs/w...sary_search/convention-grounds-persecution_en
[/QUOTE]

Sweet. So I buy a cheap-ass property, get government to expropriate it, then move to Canada...

How much for a cheap plot in Pofadder?

 

[rietrot]

Lol people thinks this will matter. If the government starts expropriating even undeveloped land property prices will go to shít. The bank can try and recover money for people or make them sign a recognition of debt. But there will be nothing left to fight over. The bank can't repo your property because who are they going to sell it to? Bank were already in the shít in 08-09 with slightly too many customers defaulting. This will be worse.

 

[Fulcrum29]

I don't think they would get far with a garnishee order. Especially if someone has had their home or business taken away from them by the government.

Contractual remedies will still be pursued, it is procedure and protocol. It is when those remedies are challenged in court when many acts will be opened up like Pandora's box and new case law will be introduced into the establishment.

Still, human rights will be these institutions highest hurdle. Foreign and international statutes will also creep up on them. All which will come back to the state.

 

[surface]

The first person they do this to is going to become a cause célèbre, not just here but overseas - would be a massive sh*t storm that will have very far-reaching consequences...

Lew has enough arsenal to give to fiery members here before government even starts this. There is only one way this will go.