Here’s a run down of the posts worth reading on the ‘historic’ settlement. Yves Smith gives her top 12 things to hate – we are completely on page with her on every one; especially the first which is very important. Since when does fraud have a simple price association? David Davey gives a comprehensive look [...]
Archive for the ‘Blog’ Category
DOJ, State AGs Deliver Get Out of Jail For 25B Cards to Banks: What Homeowners Need to Know To Protect Their Rights
09
Feb
Let’s all get a good laugh out of their propaganda headlines first; and then get on to what you need to know about it. Here is the DOJ Press Release on the Bank Bailout, er, ‘Settlement’: We warn you it is heavy with feel good language that may make you want to hurl, but try [...]
DocX Senior Exec Indictment in Missouri: HuffPost Reports
08
Feb
Huff Post article on DocX Grand Jury Indictment in Missouri. As some 40 plus Attorneys General consider taking settlements from the big banks; the indictment is a small spark; but it is a spark. Still leaving the people to fend for themselves at this point, however. Robo-Signing Forgery Charge Hits First Top Executive In Financial [...]
The Body in the Room: Beware the ‘Foreclosure Rescue Scam’!? Uh.. Try ‘Foreclosure Scam’ Instead!
08
Feb
It is remarkable the media, print, computer, coverage of the ‘foreclosure rescue scam’. Indeed, it is so prevalent that Craigslist has warning notices posted. And there are even government funded non profits like NACA out there ‘defending the homeowner’; yet, to date the devestation continues. Apparently unable to be abated. What we note, with now, [...]
ZH: Are You Officially an Extremist According to the FBI?
07
Feb
Why do we really love zh? Because how could we not, with comments like these: Tue, 02/07/2012 – 16:56 | 2135685 AldousHuxley AldousHuxley’s picture If Ron Paul was a president of another country leading the efforts to put the gold standard back and move away from a dollar, yes US would deem him a terrorist [...]
Push Button Fraud.
07
Feb
Herej’s one that went by a few months ago that is worth repeating in light of the current talk of potential new financial crisis and big banks seeking settlement on their fraudulent behavior. No settlement. Full criminal prosecution – and that starts with investigations. So, we guess that means we have to fire Eric Holder [...]
Ellen Brown: Why The AG’s MUST NOT SETTLE; The Hidden Truth Behind the Mortgage/Financial Crisis
06
Feb
Let all your Attorneys General know right now that you do not approve of any settlement with the big banks. PERIOD. This is not an issue of simple robo-signing. This is about system and massive fraud which was at the basis of the entire mortgage and financial scandal. Read this entire article from Ellen Brown [...]
Freddie Mac Bets Against Homeowners, Holder & Breuer’s Covington Bank Representing Past: Creating M.E.R.S. Corp
30
Jan
In his latest all out seriously spot on rant, Mandelman brings us the most recent and most recently uncovered crimes in the long list of criminal acts as yet going unpunished in the United States mortgage fraud scandal. That scandal which has devastated our economy, destroyed our housing market and left vast numbers of families [...]
Yves Smith Takes Apart Obama’s Spin on Banking Crisis Solution
24
Jan
In an excellent piece published over at Common Dreams, Ms. Smith lays it out in plain English for anyone to see. The federal government is aiding and abetting the banks in continued fraud and thievery while preventing and avoiding any way for a direct and honest legal response to their crimes. Once more, settlement pacts [...]
Where Does Money Come From in the Modern Global Economy?
23
Jan
Taking another fresh look at the money creation system in a debt based privately controlled banking system. While this is taken from the UK perspective it is absolutely accurate across the entire world and especially in the US – of course through the private banks of the Federal Reserve System. Note that he perfectly accurately [...]
