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Archive for February, 2012

Ellen Brown: Update on State Bank Component of Move Our Money U.S. Movement

29 Feb

Here’s the latest from Ellen Brown on the State Owned Bank movement as it’s shaping up across America.   Move Our Money: New State Bank Bills Address Credit and Housing Crises Posted on February 26, 2012 by Ellen Brown Seventeen states have now introduced bills for state-owned banks, and others are in the works.  Hawaii’s innovative [...]

 

When Fraud is Not Fraud: When You’re a Banker

24 Feb

How is it possible that the simple rule of law does not apply to Banks? Witht he recent resport that 84% of all foreclosures going through the system are illegal; how is it that the foreclosures continue to go on? Why hasn’t a national moratorium imposed a stop to all foreclosures until such time as [...]

 

Getting Down to the Truth on Citizens United, Justice Powell and The American Chamber of Commerce

24 Feb

There is a great deal of noise out there regarding Citizens United; there is a serious need for clarity and understanding of the true underlying legal precepts and concepts in order to properly address this serious issue of keeping money out of politics. There are critically important reasons to AVOID a Constitutional Amendment in dealing [...]

 

San Francisco Audit Reveals 84% of Foreclosures Illegal; Experts Say Statistic Applies Nationwide. Just Lost Your House? Not to Worry – It was Most Likely Stolen From You.

23 Feb

As we watch the foreclosure mills continue to grind people out of homes at ever increasing rates, a new audit out of San Francisco finds that 84 percent fo the foreclosures being conducted are illegal. And, futher, that this statistic is applicable nationwide. So for all you homeowners finding that nothing has changed and that [...]

 

Fitch Raises Iceland’s Rating; Says “unorthodox crisis policy response has succeeded.”

23 Feb

Is it too late for the rest of the world to take a lesson from Iceland’s playbook? This week Business Week reports that Fitch has raised the island’s rating to Investment grade while stating that their ““unorthodox crisis policy response has succeeded.”  Take that in. The rating agency is essentially saying that protecting its citizens [...]

 

Criminal Ongoing Greek Tragi-Comedy; Spreading Global Crime

22 Feb

Max and Stacy bring the latest on the world criminal banking racket. From Greece to the U.K. banker and spreading trickle down crime…

 

Max and Stacy Take Apart the Mortgage Settlement: Only 5B Comes from Banks – the Rest is From Fannie and Freddie!

14 Feb

Hey! Check it Out! We, the taxpayers are the ones who are ACTUALLY the Ones PAYING THE SETTLEMENT TAB!!  (Well, of COURSE!- This is America, right?)   Once Max and Stacy take the Settlement deal apart, Howard Kunstler comes on to hypothesize over why the American public keeps putting up with this foo-ey. Cognitive dissonance? [...]

 

ROFL Zero Hedge Calls Out DOJ/AGs on Their ‘Linda Green Moment’

10 Feb

It is getting harder and harder to take any of these crooks seriously. Why would we expect anything else from Eric Holder and the ‘new’ Department of Justice, or the politically and financially motivated AGs? When do the American people say “ENOUGH!”? The Epic Farce Continues – US Attorneys General “Robosigned” A Foreclosure Settlement Which [...]

 
 

Weighing in on the DOJ/AGs Mortgage Fraud Settlement

09 Feb

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 [...]

 

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 [...]