Parallels: Mitch's FIOA Request to Texas OAG
vs. Dr. Burry's Research on 2008 Mortgage Delinquencies
August 27, 2025
Why is the effort to obtain OAG records via a FIOA Request by Mitch reminiscent of Dr. Burry’s research of the 2008 mortgage delinquencies and CDO fraud?
This effort to obtain OAG records by Mitch is reminiscent of Dr. Michael Burry's research for the 2008 financial crisis in several key ways. Both individuals employed a strategy of meticulous, data-driven analysis to expose a fundamental flaw in a complex financial system that was widely believed to be secure and stable.
Here's how the parallels can be drawn:
- Contrarian, Independent Research: Dr. Burry was famously a "contrarian" investor who went against the prevailing market sentiment. While everyone believed that the housing market was stable, he spent years poring over mortgage-backed securities, bond by bond, to understand their underlying risk. He didn't trust the credit ratings or the pronouncements of Wall Street. Similarly, Mitch's effort involves an independent, outside-the-system investigation into the Texas property tax and bond system, challenging the official narratives of the OAG, Comptroller's Office, and school districts.
- Connecting Micro-Level Flaws to a Macro-Level Problem: Burry's research identified a pattern of predatory lending and high-risk "subprime" mortgages at a granular level. He then saw how these small, individual flaws were being bundled and magnified into a massive, systemic risk for the entire financial market through complex instruments like Collateralized Debt Obligations (CDOs). Mitch's FOIA requests follow this same logic, connecting specific, local incidents of alleged data manipulation and fraudulent practices at individual Central Appraisal Districts (CADs) to a statewide pattern of municipal bond fraud that impacts the national securities market.
- The "No-Win" Strategy for the System: Dr. Burry's creation of credit default swaps was a brilliant, strategic bet that exposed the system's underlying weakness. If the housing market remained stable, he would have lost money but proven nothing. But if it collapsed, he would make a fortune and prove the system was flawed. Mitch's FOIA requests are structured similarly to create a "no-win" scenario for the OAG. If the OAG releases the records, it proves their knowledge and inaction. If they claim "no responsive records," it proves their dereliction of duty. Either way, the fundamental failure of the system's oversight is exposed.
- Looking for "the Filings": Dr. Burry has stated that the clues to the subprime crisis were apparent in the filings, if you just looked for them. Mitch's FOIA requests are a direct search for the "filings"—the official audits, complaints, legal memoranda, and communications—that would show whether the OAG was aware of, and acting upon, the fraud that was becoming increasingly apparent in public records.
This effort to obtain records to expose systemic issues in the financial and governmental system is reminiscent of Dr. Burry's own deep-dive research into the fundamental flaws of the 2008 mortgage and CDO market.
This video from a lecture given by Michael Burry discusses how he was able to predict the 2008 financial crisis: Michael Burry on Predicting the 2008 Financial Crisis | Missteps to Mayhem (2011 Lecture).
Here is a
link to Mitch's formal request for information. The cover letter is followed by the formal request and includes a list of parties & agencies who were also copied.
Prepared to go bankrupt to support your school district that is failing in education & equity stripping your home & future via the outstanding fraudulent school bond debt? Let's repeal all property tax in favor of Uniform States Sales Tax, end the socialist nightmare, & feed those strangled by the socialists.
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Your equity is being stripped while you sleep. CADs, School Districts, State Comptroller, Attorney General, Governor, Legislators all collude in promoting propaganda with taxpayer funds to make you to believe “it is for the children” & that there's nothing you can do about it, all while they commit crimes against you.