Monthly Archives: October 2011

OC KHCTF tonight! Hinman on Mortgage Meltdown

Howard HinmanKarl Hess Community
Technology Forum

On the scariest Fifth Monday in a Month
Houses remain haunted by financial ruin

October 31, 2011

Pre-meeting: 6:00 p.m.
Dinner 7:00 p.m.
Announcements: 7:45 p.m. J. Kent Hastings, Master of Ceremonies
Presentation: 8:00 p.m. Howard Hinman:
“The Secrets of MERS & the Massive Mortgage Meltdown.”

Questions: 8:45 p.m. Q&A via written cards for at least the first round of questions.
Close by 9:30 p.m.

Location: Asian Buffet (Oriental buffet)
23552 El Toro Rd., Lake Forest, CA 92630
At Raymond, behind a bank, near the public (gov’t) library branch.

View Larger Map
Tel: (949) 206-9988 – Fax: (949) 206-9098

J. Kent Hastings of the Kingdom of Nye, (County in Nevada, town of Pahrump), will serve as the Master of Ceremonies for the event and will offer a Toast to the evening’s festivities.


The topic for this month is a little known (outside of real estate and mortgage banking circles) system alleged to have exacerbated the real estate value crash of a few years ago, the effects which still reverberate through the economy.

Meant to facilitate the assignment and hypothecation of mortgages- a financial tool- it has instead worsened the foreclosure crisis, because its badly flawed implementation has prevented bad paper from clearing the market.

From Howard’s masterful thesis:


The Secrets of MERS: A Fiasco Unfolds– Or what you do not know can hurt you and many other people badly!
In other words: Welcome to the Massive Mortgage Meltdown.

It is more than just the blue-gray and weatherworn house in Denmark, Maine. As the summer of 2011 becomes the winter of 2012 the secrets – whether they involve widespread incompetence, fraud or even worse – perhaps the deliberate crashing of the American economy – regarding MERS (“Mortgage Electronic Registration Systems”, abbreviated “MERS”) – and its effects – are becoming apparent around the world.

Look at this incredible quote:

“’The whole financial system is becoming a lot less transparent,’ says Hernando de Soto, a Peruvian economist who has written on the importance of well-defined property rights. ‘You can’t size up risk anymore.’”

Being able to reasonably assess risk is at the essence of practical investment. The inability to accomplish this is a prime cause of the current stagnation. Howard will proffer his analysis as to the why and wherefore. As usual, the answer to the question qui bono very often informs the answer to the question quare (why).

Please join us for an evening of relevance and revelation. Howard will help us to understand the reasons for MERS, how this system operates, and the disturbing implications of its government “mixed economy” interference in the markets.


Howard has addressed Libertarian clubs on many occasions, chiefly on economic and financial topics. He is a Mortgage Fraud Professional, the Presider of the International Property Title Alliance, and Chief Financial Officer, Senior Legal Researcher and Director of Communications of the California Legal Rights Fund, Inc. He also hosts the Karl Hess Community Technology Forum, an independent supperclub in Orange County devoted primarily to the topic of appropriate technology.

Howard is a graduate of California State University at Fullerton College of Business and Economics with a degree in Business Administration. Among his many associations and achievements, Howard is a member of Toastmasters International since 1983, and is a Distinguished Toastmaster. Howard resides in Orange County. Join him on Facebook and LinkedIn.

For the first round of questions, audience members are asked to submit their questions in writing to the Master of Ceremonies, so that they may be presented to the speaker most effectively.

Cost is dinner (approximately 15.00 FRNS) plus a 5.00 room charge per attendee. (Cash only for the room charge please.) MasterCard and Visa accepted by the restaurant. Beer and wine available at an additional charge.

Good food. Some vegetarian dishes available.

For this meeting, leave a reservation message with the subject “OC KHCTF” on the web at or email:

If you have additional questions contact Kent Hastings toll free at 1.877.867-8209 or leave a voice mail message.

Future dinner talks at the Karl Hess Community Technology Forum are still to be determined. We will keep you posted.

Resilient Community Foundation is a nonprofit organization. Its mission is to support a resilient community, including respect for personal rights and responsibilities.

For information about this event (other than reservations) and/or future events, please contact Howard Hinman, Director of Communications, Chief Financial Officer and Senior Legal Researcher, at (714) 244-2291. His email is:

Richard Boddie tonight: “SEK3 was right!”


Richard B. Boddie “SEK3 Was Right After All”

Dinah’s Family Restaurant 6521 S. Sepulveda Blvd. (at Centinela Avenue) in West Los Angeles (310) 645-0456. The club meets in the separate meeting room behind the main dining area.

7:00 p.m. Gathering Time [Dinner stipulations: $10.00 order minimum plus $3.00 Club Cover Charge ]

8:00 p.m. Dinner (Order from the regular menu)

8:45 p.m. Announcements

9:00 p.m. Guest Speaker: Richard Boddie

10:00 p.m. Q & A

10:30 p.m. Adjournment from Dinah’s (Please depart premises promptly)

11:00 p.m. Afters: Mixing and Mingling Lounge- Doubletree Hotel 1616 West Centinela Avenue Culver City

For information on the Karl Hess Club:


Richard Benjamin Boddie, Esq., the self-described “Judeo Christian epicurean existentialist zen agnostic and anarcho-capitalist libertarian ideologue,” as well as “THE Black Libertarian ~ Since 1983 ~,” will tell us “SEK3 Was Right After All.” Well, we already knew that, right? But Dick will tell us why, and in his inimitable, very entertaining, and informative way. A not to be missed evening!


Richard Boddie is the President and Founder of The Motivators, a professional speakers bureau in Huntington Beach, and is also an adjunct professor in political science, business law at Coastline Community College in Fountain Valley, California in addition to being an Independent Associate with Pre-Paid Legal Services, Inc. (NYSE), and a well known raconteur and idealogue.

Dick was born in Elmira, New York and raised in “upstate N.Y.” in Rochester, the was son, grandson, and great grandson of Baptist ministers, and has the honor and distinction of having been the first black youth to ever achieve the rank of Eagle Scout in Rochester.

He was also the first African American to become a bank executive in that city’s history, which was also the home of two other great American liberty activists: women’s suffragette, Susan B. Anthony, and the dynamic Abolitionist, Frederick Douglass, Richard’s spiritual mentor.

As both a former Democrat and former Republican, Boddie is quite well known for his political activism over the years, having been the “radical” president of the Student Bar Association while at Syracuse University College of Law, an anti Vietnam War activist, and community organizer in the 60s; a Congressional aide, and executive with the National Center for Dispute Settlement of the American Arbitration Association in the 70s; a dynamic motivational speaker, political activist, in addition to being the road manager and fund raiser for the 1984 Libertarian Party Presidential candidate, a position that he himself sought in 1991 for the 1992 U.S. Presidential race.

Richard did run for the U.S. Senate in 1992 and again in 1994 in California, and also for Congress in the 46th District of CA in 2000. He served as Chair the Orange County Libertarian Party from 1996 -1998, and was Press Secretary for the Steve Kubby for Governor campaign in California in 1998.

He has been affiliated with a whole host of other groups, companies, institutions and associations, past and present: as “Citizen Advocate” a Public Broadcasting Corporation (PBS) sponsored television ombudsman show WCNY-TV in Syracuse, NY, Lincoln Rochester Trust Company, Eastman Kodak Company, New York Life Insurance Company, Wells Fargo Bank, Xerox Corporation, National Center For Dispute Settlement of the American Arbitration Association, was the first Director of Admissions at the new Chapman University School of Law in Anaheim, CA in 1995, hosted a talk radio show “Black To White” on WAXC-AM in Rochester, N.Y., and was a New York State Administrative Hearing Officer.

Dick Boddie is a graduate of Bucknell University in Lewisburg, Pennsylvania, and holds a law degree from Syracuse University. He resides in Huntington Beach, California having lived in The O.C. (Orange County) since 1977, was married to his late wife, Ann, from July 1963 to November 9, 2009. He married Shirley Ory-Boddie on August 21, 2010.


Upcoming Programs Scheduled:

November 21, 2011 Will Otey “Freedom is Not for Everyone: Creating a New Libertarian Country”

December 19, 2011 Don Meyer “Crisis in Counterpoint: Another View of 9/11-OR-What Really Happened at Building 7?”

January 16, 2012 Bob Weber “Three Conspiracies: Two I Don’t Believe in and One I Do”

February 20, 2012 Howard Hinman “Who’s Century in the 21st is it and why?”

March 19, 2012 [Award Night: The SEK3 Memorial Chauntecleer]/ Paul Gibbons and Bob Weber “The Myth of the Rule of Law”



Our regular venue is Dinah’s Family Restaurant in West Los Angeles. The address is: 6521 S. Sepulveda Blvd. (at Centinela) (310) 645-0456. The nearest corner is W. Centinela Avenue.

The time for dinner is anytime between 7 p.m. and 9 p.m. You may be seated in the meeting room at that time. Other restaurant patrons may be there as well until 8 p.m. The club will have exclusive use of the room between 8 and 10:30 p.m. The program will be from 8:45 p.m. until 10:30 p.m. (the restaurant’s doors close at 11 p.m. sharp). Please exit promptly after 10:30 p.m.

Dinah’s minimum for our diner/attendees is $10.00. There is a $3.00 cover to the club (which, with notice, may vary upward by program but will be at least $3.00). Order off the regular menu. Individual cheques. Pay your own tab. The club dues will be collected from you. Please note that KHC attendees must observe the minimum restaurant order.

Thank you to our loyal members for your continued support.



Please join us for the Aftermeeting in the lounge at the Doubletree Hotel Culver City. When we adjourn Dinah’s at 10:30 p.m., proceed to the Doubletree and we’ll reconvene for an informal gathering by 11 p.m. until 2 a.m.

The Doubletree is at 6161 West Centinela Avenue at Arizona in Culver City 90230-6306 (one block West of Sepulveda Boulevard). It is possible to walk from Dinah’s in about two minutes or repark your car on Arizona one minute away, but it is recommended to park in the hotel lot. N.B.: the available hotel parking is a pay lot, however the bar will validate your parking with any purchase. The lounge is immediately inside the hotel lobby adjacent to the desk.

It is not permitted to make a left turn onto Centinela from Arizona, so a good way is to turn right and go to the intersection with Sepulveda, make a U-turn and drive back to the hotel, which will be on the right hand side.

Doubletree Telephone: (310) 649-1776 For More Hotel Info, see: Doubletree Website:


Random End Notes: There will be no KonkinRothbard Limited Club meeting on October 31. [Correction: We are meeting! Howard Hinman will speak on the Halloween nightmare that is MERS and the mortgage meltdown. ]The next scheduled meeting is set for January 30, 2012. Details will be forthcoming at a later date.