tag:blogger.com,1999:blog-1739404903030255762024-03-19T03:28:37.119-04:00BarackObama666This website has NOT been approved by Barack Obama, his Bankster Buddies or the Gangsters he has surrounded himself . This website provides information about Barack Obama and his Bankster Buddies to demonstrate how destructive they are to our lives and the hopes and dreams of our children.Publiushttp://www.blogger.com/profile/16915351885679876346noreply@blogger.comBlogger95125tag:blogger.com,1999:blog-173940490303025576.post-47125289693585246192011-04-19T12:35:00.002-04:002011-04-19T12:38:53.526-04:00Has Obama Morphed Into Bush?<span style="font-size:180%;"><span style="font-weight: bold;"></span></span><blockquote><span style="font-size:180%;"><span style="font-weight: bold;">Obama ran against Bush, but now governs like him</span></span><br />By <a href="http://www.mcclatchydc.com/2011/04/18/112346/obama-ran-against-bush-but-now.html">Steven Thomma - McClatchy Newspapers</a><br /><p> WASHINGTON — He ran as the anti-Bush. </p> <p> Silver-tongued, not tongue-tied. A team player on the world stage, not a lone cowboy. A man who'd put a stop to reckless Bush policies at home and abroad. In short, Barack Obama represented Change.</p><p> Well, that was then. Now, on one major policy after another, President Barack Obama seems to be morphing into George W. Bush. </p> <p> On the nation's finances, the man who once ripped Bush as a failed leader for seeking to raise the nation's debt ceiling now wants to do it himself. </p><p> On terrorism, he criticized Bush for sending suspected terrorists to Guantanamo Bay, Cuba, and denying them access to U.S. civilian courts. Now he says he'll do the same.</p><p> On taxes, he called the Bush-era tax cuts for the wealthy wrong, and lately began calling again to end them. But in December he signed a deal with Republicans to extend them for two years, and recently he called the entire tax cut package good for the country.</p></blockquote><p></p>Read the rest of the article <a href="http://www.mcclatchydc.com/2011/04/18/112346/obama-ran-against-bush-but-now.html">here</a>Joycehttp://www.blogger.com/profile/00242014772865144219noreply@blogger.com26tag:blogger.com,1999:blog-173940490303025576.post-18782655552813779302011-01-24T14:33:00.003-05:002011-01-24T14:45:46.970-05:00Obama Loves the Business CommunitySurely Barack Obama must know how important it is to the financial system to bring to justice those executives that used derivatives and other means to bring down the system. It is one hope that we thought might bring change under the Obama administration, that is, the end of deregulation. Having read the article in <a href="http://www.counterpunch.org/whitney01242011.html">CounterPunch by Mike Whitney</a>, we can now understand what is at stake and why there will never be prosecutions of those in the financial system who used unethical means to feather their own nests. Read and weep:<br /><blockquote><br /><span style="font-size:180%;"><span style="font-weight: bold;">The Most Business-Friendly President Ever?</span></span><br />by <a href="http://www.counterpunch.org/whitney01242011.html">MIKE WHITNEY - CounterPunch</a><br /><br /><p><span class="style23"><span class="style50">O</span></span><span class="style2">n Tuesday, Barack Obama made the case for easing regulations in an op-ed in the Wall Street Journal. The article, titled "Toward a 21st-Century Regulatory System", was accompanied by a caricature of a scissor-wielding businessman slashing-away at red tape, a symbol that is revered among anti-regulation zealots. In the opening paragraph, the president praises free market capitalism ("the greatest force for prosperity the world has ever known") and Wall Street ("vibrant entrepreneurialism is the key to our continued global leadership") while taking aim at the "burdensome" restrictions that prevent speculators from maximizing profits. Even by the administration's abysmal standards, the article is a new low, which is why the WSJ editors mockingly critiqued Obama's op-ed as "one of the greatest policy walkbacks in American history". Here's a clip from the text:</span></p> <blockquote> <p class="style2">"Sometimes, those rules have gotten out of balance, placing unreasonable burdens on business—burdens that have stifled innovation and have had a chilling effect on growth and jobs......Over the past two years, the goal of my administration has been to strike the right balance. And today, I am signing an executive order that makes clear that this is the operating principle of our government.</p> <p class="style2">This order requires that federal agencies ensure that regulations protect our safety, health and environment while promoting economic growth. And it orders a government-wide review of the rules already on the books to remove outdated regulations that stifle job creation and make our economy less competitive. It's a review that will help bring order to regulations that have become a patchwork of overlapping rules, the result of tinkering by administrations and legislators of both parties and the influence of special interests in Washington over decades."</p> </blockquote> <p class="style2">The tone of the article strongly suggests that it wasn't deregulation that triggered the financial meltdown, but all those pesky rules that inhibit innovation and growth. This is pure revisionism and Obama knows it. But he also knows who he is talking to when he takes a spot on Murdoch's editorial page; rabid right-wingers who think business can do no wrong. That's why Obama skips the liberal blather altogether and reiterates themes that read like the daily printout of GOP bullet-points. Here's how the WSJ's economics editor David Wessel summed it up:</p> <blockquote> <p> <span class="style2">"Mr. Obama told agencies to scour the books for obsolete rules.....Within 120 days, each agency is to devise "a preliminary plan...to periodically review its existing significant regulations" to see which should be "modified, streamlined, expanded, or repealed."</span></p> </blockquote> <p class="style2">So now the onus falls on the agencies to "prove" that businesses are not in compliance. That will make it harder to stop bad behavior or to penalize offenders. Obama's remedy will also extend compliance dates, offer more exemptions, and force regulators to make their judgments on stricter cost-benefit analysis. It's just one roadblock after another. The net result will be fewer rules, more pollution, a more dangerous working place, more financial fraud, and a general watering down existing regulations. No wonder the Journal's editors are so elated over Obama's transformation. He's abandoned any pretense of serving the public's interest. </p></blockquote><p class="style2"><br /></p><p class="style2">Read the full article <a href="http://www.counterpunch.org/whitney01242011.html">here </a><br /></p>Joycehttp://www.blogger.com/profile/00242014772865144219noreply@blogger.com13tag:blogger.com,1999:blog-173940490303025576.post-66909233084585624432011-01-04T14:14:00.002-05:002011-01-04T14:17:21.264-05:00The New Year Will Be Grim For ManyRecently, I had an argusation (that's a combination of a friendly argument and a conversation) with a very dear and close friend of mine. His point was that the economy is getting better (he says we are in a recovery) and many will feel the affects of this in a positive way.<br />
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My position wasjust the opposite. The real and published unemployment rate is still as high and housing prices are still falling. Not so says my friend. Where I am, he says, real estate values have leveled, there is an increase in spending and there seems to be a recovery.<br />
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Well, that may be so where you are (West Palm Beach, Florida) but it is not the case just south of you in the greater Ft. Lauderdale and Miami areas. It is certainly not the case up here in Tampa Bay where unemployment is well over 12% and real estate values in many areas have declined well over 50% with no leveling in sight. <br />
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However, my friend did concede that nationwide, real estate values would not level until the job market improves and unemployment decreases. Exactly said I, that is what I have been saying all along. We can't have any kind of real recovery until the housing market improves, foreclosures decrease substantially and the unemployment - and underemployment - situation decreases substantially.<br />
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We have, I fear, a second economic disaster looming in the "cloud" (yes, I am not sure what a "cloud" is either but it is used daily in the IT world as a place where stuff is stored...I think).<br />
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Yes, a second wave (like in a tsunami) of financial disturbances for the average person in this country and more good deals and profits for our large (too big to exist) corporations. <br />
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Of course, all of the conversation I had with my friend was only my opinion and who am I in terms of expertise on the subject (I am just one small victim of the Great Recession which in reality was and still is a Depression). As a famous political science comedian always says after his rant..."I could be wrong".<br />
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However, someone at the New York Times feels much the way I do and the New York Times itself feels it newsworthy to publish this opinion.<br />
<blockquote>When people say that the recovery does not feel like a recovery, they are describing reality. The economy is growing, but for many Americans life is not getting better. Unemployment remains high. Home values are depressed. And state budgets are in deep trouble, presaging more layoffs, service cuts and tax increases. </blockquote>The Times editorial echoes much of my conversation with my friend which also echoes much of my opinion - if not all of it. <br />
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So, my friend (I hope you still follow my blogs), do you really think things (the economy and people's lives) are going to be better in 2011? To view another opinion please read<span style="font-size: small;"> <b>The Economy in 2011 </b>in the New York Times on line...<a href="http://www.nytimes.com/2011/01/02/opinion/02sun1.html?_r=1&emc=tnt&tntemail1=y">click here.</a></span><br />
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<span style="font-size: small;">One last word of advice to those of you who represent <b>us</b> in the House of <i>Representatives</i> and the Senate (notice that the House is the House of REPRESENTATIVES). Begin your new term by truly representing the people not your own agendas be they Democrat or Republican. Leave your personal agendas and partisan politics at the front steps of the building you work in 9you know, the one with the large dome on top). This is no time to commit yourselves to defeating the other party at all costs. All Costs - in this case - means all the people of this country, especially those in the middle and lower classes you commonly refer to as the 'MAJORITY".</span><br />
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<span style="font-size: small;">Of course this is just my opinion again. I could be wrong.</span>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com0tag:blogger.com,1999:blog-173940490303025576.post-63196330898045880322010-11-18T23:18:00.000-05:002010-11-18T23:18:48.503-05:00Barack Obama: The Federal Reserve is Laundering Money Well done, amusing and informative in an easy to understand way. Why printing more money, now called "quantitative easing" is really a way of laundering money. Watch and listen.<br />
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<iframe class="youtube-player" frameborder="0" height="405" src="http://www.youtube.com/embed/wpmlHTeVG9A" title="YouTube video player" type="text/html" width="500"></iframe>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com5tag:blogger.com,1999:blog-173940490303025576.post-30126036408604616292010-11-15T14:51:00.001-05:002010-11-15T15:08:01.505-05:00New York State Foreclsoures Grind To A Halt...Barack Obams, It's Time For Your Attorney General To Act On Behalf of Americans<div><div style="background-color: transparent; border: medium none; color: black; overflow: hidden; text-align: left; text-decoration: none;"><blockquote><b>In the three weeks-plus since New York State Chief Judge <a class="zem_slink" href="http://en.wikipedia.org/wiki/Jonathan_Lippman" rel="wikipedia" title="Jonathan Lippman">Jonathan Lippman</a> put the foreclosure lawyers on notice that any fraud in foreclosure paperwork would be met with severe penalties -- he is making lawyers sign affirmations promising they took "reasonable" steps to make sure the legal papers are true -- practically no new foreclosure cases have been filed, The Post has learned. </b><br />
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Read morein the New York Post...click <a href="http://www.nypost.com/p/news/business/fraud_closure_biz_fizzles_out_C1jme9Dx7jmnaX58BF55DK#ixzz15NjhE68z">here</a></blockquote></div><blockquote>This action speaks loudly <b>and should speak loudly</b> to Chief Justices in all 50 states. The banks and their lawyers have been and are still committing fraud which last I saw is against the law. Even the Bar Associations of every state seems to condone this fraud as they themselves – as the watchdog over lawyers – do nothing given all the evidence that has been made public.</blockquote><div style="background-color: transparent; border: medium none; color: black; overflow: hidden; text-align: left; text-decoration: none;">Editor's Note: This article was written for our sister site - <a href="http://www.theforeclosuredetonator.wordpress.com/">TheForeclsoureDetonatorFORUM</a>.</div><div style="background-color: transparent; border: medium none; color: black; overflow: hidden; text-align: left; text-decoration: none;"></div><div style="background-color: transparent; border: medium none; color: black; overflow: hidden; text-align: left; text-decoration: none;"><blockquote><b>What is causing this in New York? The fact that the chief judge in New York – Chief Judge Jonathan Lippman – told all attorneys that any fraud found in any of their foreclosure filings would be met with severe measures. <a href="http://www.nypost.com/p/news/business/fraud_closure_biz_fizzles_out_C1jme9Dx7jmnaX58BF55DK">The New York Post </a>reports that </b><br />
<blockquote>he is making lawyers sign affirmations promising they took “reasonable” steps to make sure the legal papers are true.</blockquote></blockquote>This affirmation has caused not only no new foreclosure actions being filed but existing cases are in a holding pattern. Lawyers in New York, I believe, know that the paperwork they have is shoddy at best and that there may be fraud existing in the files they receive from the banks. At the very least, in order to prevail, they would have to create fraudulent paperwork – ala David Stearns old paper creating firm Weforgem and More, LLC (not really the name of the company he created to forge docs but I just could not resist) New York lawyers – seems like all of them handling foreclosures for banks – are afraid to lose their license <b>and they should be</b>.<br />
This action speaks loudly <b>and should speak loudly</b> to Chief Justices in all 50 states. The banks and their lawyers have been and are still committing fraud which last I saw is against the law. Even the Bar Associations of every state seems to condone this fraud as they themselves – as the watchdog over lawyers – do nothing given all the evidence that has been made public.<br />
I believe that anyone is innocent until proven guilty- but in this case – the evidence is conclusive. It is out in the open for all to see and there are plenty of credible admissions to this fraud. What more do we need to begin prosecuting? I, for one, would give rob – signers immunity in exchange for their testimony. They, after all, were just doing what the boss was telling them to do so they could get their measly paycheck at the end of the week. The boss, on the other hand (all CEO’s), were giving out instructions for this fraud so they could continue to get their hundreds of millions in paychecks. Yes, I am making the assumption here that the CEO’s are or were aware of the fraud and therefore should be held accountable. Again, innocent until proven guilty but in this case if one goes back to investigate all the fraud that has taken place one would find, I believe, that the CEO’s were very much aware of the fraud and probably gave instructions themselves. You see, some of this fraud could only have been committed with instructions from very high levels. Just like the case with Bernie Madoff. If anyone still believes he acted alone then I would like to sell you the Skyline Bridge here in Tampa Bay. (It is a better value then buying the traditional Brooklyn bridge because of the weather) Any takers? I have an even better idea for the sale of this bridge – I will securitize it and each of you non believers in the extent of this fraud can buy a share of it. Now, any <strike>suckers</strike>, I mean takers?<br />
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Yes, folks, I along with dozens of other bloggers have been trying to expose this fraud for months and in my case for years. Problem is, we have but somehow the law and those responsible for uholding the law – judges, prosecuters, Bar Associations, lawyers, Attorney General’s (Federal and State) don’t seem to care to uphold the law for some. A selective process which eventually will bring down our entire legal system and the democracy within what used to be a Republic will disappear. The “elite” few will rule and function outside of the law while the rest of us peasants will be overly subjected to these same laws losing our lives, our liberties and our ability for our pursuit of happiness.<br />
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<b>WAKE UP AMERICA</b>. Only “we” can bring justice back. Only our combined, unified voices can make our lawmakers and police enforce the law against everyone. No one is Too Big to Fail nor Too Big Not To Go To Jail.<br />
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Read the entire N.Y. Post article…click <a href="http://www.nypost.com/p/news/business/fraud_closure_biz_fizzles_out_C1jme9Dx7jmnaX58BF55DK">here</a><br />
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</div></div><div class="zemanta-pixie" style="height: 15px; margin-top: 10px;"><a class="zemanta-pixie-a" href="http://www.zemanta.com/" title="Enhanced by Zemanta"><img alt="Enhanced by Zemanta" class="zemanta-pixie-img" src="http://img.zemanta.com/zemified_e.png?x-id=a761995a-f5f9-4bf5-860a-2d197b2169f6" style="border: medium none; float: right;" /></a><span class="zem-script more-related pretty-attribution"><script defer="defer" src="http://static.zemanta.com/readside/loader.js" type="text/javascript">
</script></span></div>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com1tag:blogger.com,1999:blog-173940490303025576.post-38654709142304070832010-11-13T12:12:00.000-05:002010-11-13T12:12:44.950-05:00Barack Obama's Quantitave Easing Explained So Everyone Can Understand ItQuantitative Easing. What does it mean? <br />
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Most people don't understand it. It is a fancy term for printing more money - $600 Billion more. I don't know about you but to me printing more money means what I have will be worth less and what I buy will cost more. This plan of total transfer of wealth excellerated under the Bush Administration is continuing under the"Change We Can Co9unt ON" Obama Administration. I guess the slogan is correct, "change we can count...". All we will have left is the change in our change jars that we will count when we wrap it up to go to the groceryl store.<br />
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One of our dedicated volunteers over at our sister site www.GoldmanSachs666.com posted a GREAT, I mean GREAT video explaining Quantitative Easing. It is in cartoon format and is not only easy to understand, makes the point understood but is also funny. It is a MUST WATCH for educational and entertainment purposes. My hat is off to whoever created it and to Joyce for finding it and posting it.<br />
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To watch the video...click <a href="http://www.goldmansachs666.com/2010/11/goldman-sachs-and-little-cartoon.html">here </a>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com4tag:blogger.com,1999:blog-173940490303025576.post-38491620613359713612010-11-09T13:56:00.000-05:002010-11-09T13:56:28.447-05:00The Wall Street Conspiracy...As broadcast on TruTV's "Conspiracy Theory"<span style="font-size: x-small;"><b>Note: </b> This was first published in our sister publication - GoldmanSachs666.com. The information is not new for some of us but it is information needed to be seen and heard by all of us. It will be simul posted on all of our sister sites.</span><br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsa0_yQWbO-MellOjURUnUikim2ag-3GNddodiKlupByx9O_zOS-nTW4PA5FKwdcgNa7y_PGOfdCgGtuIBhpMubfyXb25TPcoREgySs3eWeByqDU14Ihmzfk3QU__o2wl7idliAyBI27rG/s1600/Larry%2527s+Corner+Logo.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsa0_yQWbO-MellOjURUnUikim2ag-3GNddodiKlupByx9O_zOS-nTW4PA5FKwdcgNa7y_PGOfdCgGtuIBhpMubfyXb25TPcoREgySs3eWeByqDU14Ihmzfk3QU__o2wl7idliAyBI27rG/s1600/Larry%2527s+Corner+Logo.JPG" /></a></div><br />
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<b>This is a MUST SEE program.</b><br />
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Jesse Ventura, former Governor of Minnesota and host of TruTV's program Conspiracy Theory exposes the scam that brought the country into financial ruin. He exposes - through interviews with Wall Street insiders such as <a class="zem_slink" href="http://www.nomiprins.com/" rel="homepage" title="Nomi Prins">Nomi Prins</a>, former Goldman Executive turned whistleblower and <a class="zem_slink" href="http://en.wikipedia.org/wiki/Matt_Taibbi" rel="wikipedia" title="Matt Taibbi">Matt Taibbi</a> reporter for Rolling Stone and author of the "Giant Vampire Squid" label he placed on Goldman. Also interviewed such people as Rep. <a class="zem_slink" href="http://www.house.gov/paul/" rel="homepage" title="Ron Paul">Ron Paul</a> in reference to the Federal Reserve offering some very important information which some of us already know but all need to know.<br />
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This program exposes the criminal activities, the fraud and the cover ups that lead to the Great Recession we are still in the midst of. <br />
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This is a must see program already viewed by thousands but should be viewed by all Americans. We Americans have been "had". We have been "duped". We have been and robbed. In fact, we are still being robbed. As I have been saying, a systematic program of stripping Americans of all their assets - money, property, jobs and entitlements - leaving us totally dependent on a government controlled by Wall Street, the Federal Reserve and their true owners - foreign bankers whose families were involved in its inception back in 1913 and will continue control until we, as a nation, decide to dissolve the Federal Reserve.<br />
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There have been thousands of views already. If you like it like I do, then please forward it as well. America MUST KNOW the truth. The information in this program just further verifies what I and others have been writing about for years.<br />
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Wall Street Conspiracy with Jesse Ventura...<b>Part 1</b><br />
<iframe class="youtube-player" frameborder="0" height="405" src="http://www.youtube.com/embed/AvaGbb6PNbI?rel=0" title="YouTube video player" type="text/html" width="500"></iframe><br />
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<b>Part 2</b><br />
<iframe class="youtube-player" frameborder="0" height="405" src="http://www.youtube.com/embed/fuo6Mo1kH28?rel=0" title="YouTube video player" type="text/html" width="500"></iframe><br />
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<b>Part 3</b><br />
<iframe class="youtube-player" frameborder="0" height="405" src="http://www.youtube.com/embed/8wRfuAUubT0?rel=0" title="YouTube video player" type="text/html" width="500"></iframe><br />
<div class="zemanta-pixie" style="height: 15px; margin-top: 10px;"><a class="zemanta-pixie-a" href="http://www.zemanta.com/" title="Enhanced by Zemanta"><img alt="Enhanced by Zemanta" class="zemanta-pixie-img" src="http://img.zemanta.com/zemified_e.png?x-id=147cc3ea-d5c6-443f-b05a-da6d58c9683b" style="border: medium none; float: right;" /></a><span class="zem-script more-related pretty-attribution"><script defer="defer" src="http://static.zemanta.com/readside/loader.js" type="text/javascript">
</script></span></div>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com4tag:blogger.com,1999:blog-173940490303025576.post-12545257744322903432010-10-26T19:50:00.000-04:002010-10-26T19:50:37.803-04:00HAMP is a SCAM<blockquote></blockquote><!-- /Share Box Block B --><blockquote><b>"This was a lie -- 100 percent lie," Stratton said. "We ran off the guidelines. We met every single qualification to get a HAMP mod." </b></blockquote><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEisHT2d2_IjsAEXW7Dtzim5vnez2IHzHdprR811XN5ScDb3iaSeFl2-BCZJeZfp9MKw79Sd37z2L_2OKJPI65jpdoY06yBA4MLG16Wbmlt2ZB3jUdavteqNUMzSKXkVrLGWdqLO9kTiNdY/s1600/2010-10-26-hampsign.jpeg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEisHT2d2_IjsAEXW7Dtzim5vnez2IHzHdprR811XN5ScDb3iaSeFl2-BCZJeZfp9MKw79Sd37z2L_2OKJPI65jpdoY06yBA4MLG16Wbmlt2ZB3jUdavteqNUMzSKXkVrLGWdqLO9kTiNdY/s320/2010-10-26-hampsign.jpeg" width="320" /></a></div><br />
<div style="text-align: center;"> This sign says it all. (courtesy of <a href="http://www.huffingtonpost.com/2010/10/26/homeowners-protest-hamp-i_n_773582.html">HuffPost</a>)</div><br />
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</div><div style="text-align: left;">The flow of money from the people to the banks is ongoing. This entire real estate crash was orchestrated to move money and assets from the American People to the banks. Not only did the <strike>taxpayers</strike> our government give the banks and other private companies like GM and Chrysler money to aid and abet them in their journey to control us all through controlling our wealth, but the government participated and is still participating in this scam.</div><br />
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</div><div style="text-align: left;">What has this country come to? How have we, the people, allowed this to happen. You will notice there is no major outcry, no major show of disgust. Only a handful of people feel safe enough - or are simply so fed up they don't care about their safety - to protest in public. </div><div style="text-align: left;"> </div><div style="text-align: left;">We have had and still have unjust wars, wars that have taken thousands of American lives and hurt and disabled hundreds of thousands, yet no public outcry or show of disgust. What has this country come to?</div><br />
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<div style="text-align: left;">Many of us are old enough to remember the protests by the hundreds and hundreds of thousands against the war in Viet Nam - another unjust war - our government got us into under the guise of national security and for the sake of Democracy. A Democracy we have not seen or enjoyed in this country for quite some time.</div><div style="text-align: left;"> </div><div style="text-align: left;">The mortgage crisis was made by design. The foreclosure process is by design. The Mortgage Modification programs such as HAMP also by design but designed to fool you into thinking those we elect to office really and truly care about us. Folks, they don't. For our politicians it is all about the money as well. Their lifelong jobs and benefits. Their princely lifestyles. Their travel at our expense on lavish airplanes, staying at the priciest hotels under a shroud of security most Presidents of other countries would like to have.</div><br />
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<div style="text-align: left;">We are witnessing the final stages of the creation of the "New World Order". Remember, the New World Order President George H.W. Bush talked about. The same one Meyer Rothschilld talked about creating when he said, "Let me control the money of a nation and I care not who makes its' laws". Yes, a plan laid down in the late 1700's coming to full fruition today. </div><div style="text-align: left;"><br />
</div><div style="text-align: left;">To think all of this is just an economic bubble that occurred by itself, think again. All bubbles are man made. They are made by design with the sole purpose of amassing money by the billions. Bubbles are made to control an economy and most of its wealth by a handful of people whose patriotism and care for their fellow citizen stops at the edge of their bank accounts - most of which are off shore.</div><div style="text-align: left;"><br />
</div><div style="text-align: left;">Stop and think. Banks all said they were broke or going broke. They needed the infusion of trillions of dollars to stay afloat and if they did not get the money our entire world economy would crash. WRONG! They didn't need the money. They didn't lose any money and they are still not losing any money. No one has ever asked the question, "where did all the money go that they made during the bubble?". They made loans, sold the loans to Wall Street who in turn sold those packaged loans to unwary investors the world over. Where did all that money go that they made? No one knows for sure but I believe they have it all off shore. All The banks have major operations the world over and the money that goes there never gets reported here.</div><br />
<br />
<div style="text-align: left;"><br />
</div><div style="text-align: left;">I still have that same question; "Where's The Money?".<span style="font-size: small;"> </span></div><div style="text-align: left;"><br />
</div><div style="text-align: left;"><span style="font-size: small;"> Check out this story in the Huffington Post.com</span></div><div style="text-align: left;"><b><a href="http://www.huffingtonpost.com/2010/10/26/homeowners-protest-hamp-i_n_773582.html"><span style="font-size: small;">Homeowners Protest HAMP: 'It's Just A Scam And The Banks Are Getting Everything'</span></a></b></div><br />
<br />
<!-- /Share Box Block B --> <blockquote>WASHINGTON -- Judy Stratton said she and her husband Harry have tried since January 2009 to modify the mortgage on their home in Stayton, Ore. after a drop-off in demand for Harry's floor maintenance services. In August, Stratton said, they received a rejection letter from their bank saying they did not qualify for help per the Obama administration's Home Affordable Modification Program.<br />
<br />
<br />
"This was a lie -- 100 percent lie," Stratton said. "We ran off the guidelines. We met every single qualification to get a HAMP mod." </blockquote> Read more...<a href="http://www.huffingtonpost.com/2010/10/26/homeowners-protest-hamp-i_n_773582.html">click here</a>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com34tag:blogger.com,1999:blog-173940490303025576.post-41873746782862684532010-10-25T16:53:00.000-04:002010-10-25T16:53:00.957-04:00Barack Obama: The Real Face of America<div class="separator" style="clear: both; text-align: center;"><span class="zemanta-img separator zemanta-action-dragged" style="clear: both; float: none;"><a href="http://en.wikipedia.org/wiki/File:60_Minutes.jpg" style="clear: left; display: block; float: left; margin-left: 1em; margin-right: 1em;"><img alt="Since the late-70s, 60 Minutes' opening featur..." height="376" src="http://upload.wikimedia.org/wikipedia/en/thumb/6/63/60_Minutes.jpg/300px-60_Minutes.jpg" style="border: medium none; font-size: 0.8em;" width="300" /></a><span class="zemanta-img-attribution" style="clear: left; float: left; margin-left: 1em; margin-right: 1em; width: 300px;">Image via <a href="http://en.wikipedia.org/wiki/File:60_Minutes.jpg">Wikipedia</a></span></span></div>They say the Recession is over. They say we are on the road to recovery. "They" - those wanna be trusted and believed government spokespersons and so called experts - hide the truth from us, always have and always will. The bottom line - we can't believe what our own government via our elected officials tell us.<br />
<br />
<br />
For one, the Recession <b>is not over</b>. Just look around you and at your friends and neighbors.<br />
<br />
Second, inflation <b>is getting out of hand</b>. Oh, I know, you can't count food and fuel - the two items people need to survive. (Another lie by our government). Food and fuel inflates daily. Food especially by double digits.<br />
<br />
Third, unemployment <b>is worse then "they" tell us </b>it is. Almost every community feels the impact of the 'real' un/under employment figures. Florida for instance, has "reported" unemployment figures of over 14% in areas like Tampa. Real unemployment is probably closer to 28%.<br />
<br />
Here is a story which aired yesterday, Oct. 20, 2010, on CBS 60 Minutes: It tells the truth and shows the reality. We are not on the road to recovery. Only the banks are healthy as they continue to steal from the rest of us.<br />
<br />
<br />
<br />
<div><div style="background-color: transparent; border: medium none; color: black; overflow: hidden; text-align: left; text-decoration: none;"><h1><span style="font-size: small;">Unemployment Benefits: The 99ers</span></h1><div class="datestamp pubDate">October 24, 2010 5:00 PM</div><div class="dek">Even after an extension of unemployment benefits to 99 weeks, many of those about to go off the program are in a quandary. Scott Pelley talks to some of them in Silicon Valley.</div><span><br />
<br />
Read more: <a href="http://www.cbsnews.com/video/watch/?id=6987699n#ixzz13PE0hIKU" style="color: #003399;">http://www.cbsnews.com/video/watch/?id=6987699n#ixzz13PE0hIKU</a></span></div></div><embed allowfullscreen="true" allowscriptaccess="always" background="#333333" flashvars="si=254&uvpc=http://cnettv.cnet.com/av/video/cbsnews/atlantis2/uvp_cbsnews.xml&contentType=videoId&contentValue=50094965&ccEnabled=false&hdEnabled=false&fsEnabled=true&shareEnabled=false&dlEnabled=false&subEnabled=false&playlistDisplay=none&playlistType=none&playerWidth=425&playerHeight=239&vidWidth=425&vidHeight=239&autoplay=false&bbuttonDisplay=none&playOverlayText=PLAY%20CBS%20NEWS%20VIDEO&refreshMpuEnabled=true&shareUrl=http://www.cbsnews.com/video/watch/?id=6987699n&adEngine=dart&adCallTemplate=http%3A//www.cbs.com/thunder/ad.doubleclick.net/adx/request.php%3F/can/news/%7B%25videoNode%7D%3Bsite%3Dnews%3Bshow%3D%7B%25videoParentNode%7D%3B%7B%25videoFeatPath%7Dpartner%3Dnews%3Blvid%3D%7B%25videoId%7D%3Boutlet%3DCBS+Production%3BnoAd%3D%7B%25videoNoAd%7D%3Btype%3Dros%3Bformat%3DFLV%3Bpos%3D%7B%25posDart%7D%3Bsz%3D320x240%3Bord%3D%7B%25random%7D%3B&adPreroll=true&adPrerollType=PreContent&adPrerollValue=1" height="279" salign="lt" scale="noscale" src="http://cnettv.cnet.com/av/video/cbsnews/atlantis2/cbsnews_player_embed.swf" type="application/x-shockwave-flash" width="425"></embed><br />
<br />
<div class="zemanta-pixie" style="height: 15px; margin-top: 10px;"><a class="zemanta-pixie-a" href="http://www.zemanta.com/" title="Enhanced by Zemanta"><img alt="Enhanced by Zemanta" class="zemanta-pixie-img" src="http://img.zemanta.com/zemified_e.png?x-id=2cf6c9e0-3016-48dd-9d72-5b0c6f8922e2" style="border: medium none; float: right;" /></a><span class="zem-script more-related pretty-attribution"><script defer="defer" src="http://static.zemanta.com/readside/loader.js" type="text/javascript">
</script></span></div>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com7tag:blogger.com,1999:blog-173940490303025576.post-1920077621761443822010-10-12T17:06:00.000-04:002010-10-12T17:06:38.642-04:00Who Owns My Mortgage Note...Demand To KNow<div class="post-header"> </div><a href="http://action.seiu.org/page/m/18a1f607/1643a13/585d97f4/388bce6/1923132059/VEsH/" mce_href="http://www.wheresthenote.com" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;" title="http://action.seiu.org/page/m/18a1f607/1643a13/585d97f4/388bce6/1923132059/VEsH/
Click
to visit Wheresthenote.com"><img align="right" alt="Click here to visit
WheresTheNote.com" border="0" height="240" mce_src="http://action.seiu.org/page/-/Email%20Images/wheresthenoteemailgraphic.jpg" src="http://action.seiu.org/page/-/Email%20Images/wheresthenoteemailgraphic.jpg" title="http://action.seiu.org/page/m/18a1f607/1643a13/585d97f4/388bce6/1923132059/VEsH/
Wheresthenote.com" width="190" /></a>This email came to me from SEIU - Service Employees International Union - a union, who for the most part, supports "the people". I say, "for the most part" because there are times when I do disagree with them but as far as unions go, this is one of the better ones.<br />
<br />
It includes a <a href="http://www.wheresthenote.com/">link </a>to a <a href="http://www.wheresthenote.com/">web site</a> that allows you to easily modify a letter to your bank and allows you to email it with a simple click of a button.<br />
<br />
It has a very comprehensive list of banks and a link to go to if your bank is not included. In addition, it provides a toll free number for each bank.<br />
<br />
There are two problems I find with this web site - <a href="http://www.wheresthenote.com/">www.wheresthenote.com</a>. The letter is addressed to "the bank" not the servicing company that actually is managing your account. However, in many cases, your servicing company is owned by the bank addressed to. You need to refer to your payment stubs or your payment book of coupons to see who you actually make your check payable to or if already in foreclsoure, who the named Plaintiff is.<br />
<br />
The second problem I see here is in the body of the letter that you can and should modify.<br />
The last paragraph of the letter reads:<br />
<blockquote>To protect myself and my family, I need to know who owns my mortgage. Within thirty days, I would like to know the name, address, and phone number of the bank or investor that owns my mortgage. Furthermore, in light of the recent allegations of foreclosure fraud, <b>I demand to see the original mortgage note proving ownership over my home loan. If you fail to produce a mortgage note proving that you have a right to collect my mortgage payments, I will be forced to consider all options available to me to ensure that my family and my home are protected.</b><br />
</blockquote>The last, highlighted bold sentence is the one I don't agree with. This is why and I will bold my comment.<br />
<br />
<i><b>You are asking "the bank" - not necessarily your servicing company - to give you the name and address of the "true" owner of your note. If your "bank" is not the "true" owner then it will not have, should not have and cannot produce the original note. Second, if you are writing to your servicing company (that often have the name of the bank as part of their name) they never own your note and therefore should not have the original note in their possession.</b></i><br />
<br />
<i><b>Having possession of the note DOES NOT, I repeat, DOES NOT give them the right to collect your payments nor take any foreclosure action against you. You will have little defense if you stop making your payments to them or take any legal action against them for not providing a copy of the original.</b></i><br />
<br />
If you want to insure that whoever you are writing to has the right to collect your payments you should ask them for a copy of their servicing agreement with the "true" owner of your note or at the very least that "portion" of the agreement that indicates their servicing rights. They will not disclosue to you their entire agreement which would include their fees, etc<br />
<br />
<table bgcolor="#ffffff" cellpadding="20" cellspacing="0" style="width: 626px;"><tbody></tbody></table>Here now the email:<br />
<table bgcolor="#ffffff" cellpadding="20" cellspacing="0" style="width: 626px;"><tbody></tbody></table><table bgcolor="#ffffff" cellpadding="20" cellspacing="0" style="width: 626px;"><tbody></tbody></table><table bgcolor="#ffffff" cellpadding="20" cellspacing="0" style="width: 626px;"><tbody>
<tr></tr>
</tbody></table><blockquote><blockquote> Larry,<br />
<a href="http://action.seiu.org/page/m/18a1f607/1643a13/585d97f4/388bce6/1923132059/VEsH/" mce_href="http://www.wheresthenote.com" title="http://action.seiu.org/page/m/18a1f607/1643a13/585d97f4/388bce6/1923132059/VEsH/
Click
to visit Wheresthenote.com"><img align="right" alt="Click here to visit
WheresTheNote.com" border="0" mce_src="http://action.seiu.org/page/-/Email%20Images/wheresthenoteemailgraphic.jpg" src="http://action.seiu.org/page/-/Email%20Images/wheresthenoteemailgraphic.jpg" title="http://action.seiu.org/page/m/18a1f607/1643a13/585d97f4/388bce6/1923132059/VEsH/
Wheresthenote.com" /></a>The big banks' BS is starting to catch up to them.<br />
<br />
Last week, JPMorgan Chase announced they were halting foreclosures in 23 states. Turns out, the bankers in charge of approving the foreclosure paperwork weren't even reading what they were signing. Now, one by one, foreclosures at America's biggest banks are grinding to a halt. It's gotten so bad, several states are taking the banks to court - calling for an immediate freeze on all foreclosures.<br />
<br />
The banks created this mess, it's on them to clean it up. You have a right to know if your mortgage is affected. <a href="http://action.seiu.org/page/m/18a1f607/1643a13/585d97f4/388bce6/1923132059/VEsE/" mce_href="http://www.wheresthenote.com" title="http://action.seiu.org/page/m/18a1f607/1643a13/585d97f4/388bce6/1923132059/VEsE/
Wheresthenote.com"><b title="http://action.seiu.org/page/m/18a1f607/1643a13/585d97f4/388bce6/1923132059/VEsE/">If you're a homeowner, will you send a letter to your bank and demand to see your original mortgage note? You can do it online in less than five minutes: http://www.wheresthenote.com</b></a><br />
<br />
Wall Street has bought and sold our mortgages so many times, they've lost track of who owns what. And now they're getting caught red handed. In one state, two banks tried to foreclose on the same home. In another state, BofA tried to take a house away from a man who'd never even had a mortgage. The more we learn, the worse it gets.<br />
<br />
<a href="http://action.seiu.org/page/m/18a1f607/1643a13/585d97f4/388bce6/1923132059/VEsF/" mce_href="http://www.wheresthenote.com" title="http://action.seiu.org/page/m/18a1f607/1643a13/585d97f4/388bce6/1923132059/VEsF/
Wheresthenote.com"><b title="http://action.seiu.org/page/m/18a1f607/1643a13/585d97f4/388bce6/1923132059/VEsF/">It's time to pull the curtain all the way back. Demand to see YOUR mortgage note: http://www.wheresthenote.com</b></a><br />
<br />
Banks are calling these "technical glitches." These are more than technical glitches. These are monumental screw-ups that are forcing families out of their homes. The banks raise our rates and change our terms - and if we make one mistake, we pay with our homes.<br />
<br />
<a href="http://action.seiu.org/page/m/18a1f607/1643a13/585d97f4/388bce6/1923132059/VEsC/" mce_href="http://www.wheresthenote.com" title="http://action.seiu.org/page/m/18a1f607/1643a13/585d97f4/388bce6/1923132059/VEsC/
Wheresthenote.com"><b title="http://action.seiu.org/page/m/18a1f607/1643a13/585d97f4/388bce6/1923132059/VEsC/">Now it's our turn to demand accountability from them. Visit http://www.wheresthenote.com and demand to see your mortgage note.</b></a><br />
<br />
Thanks,<br />
<b>Stephen Lerner</b><br />
SEIU.org<br />
<br />
PS - Don't have a mortgage? Pass this on to someone who does. Every single homeowner needs to know if their bank still holds their mortgage note.<span style="color: #666666; font-family: verdana; font-size: 10px; line-height: 100%;"><br />
<br />
<div style="border: 1px solid rgb(51, 51, 51); margin: 3px 20px; padding: 3px; text-align: center;">SERVICE EMPLOYEES INTERNATIONAL UNION</div></span></blockquote></blockquote><table bgcolor="#ffffff" cellpadding="20" cellspacing="0" style="width: 626px;"><tbody> </tbody></table> Here now is my recommended version of this letter. Pass this on to anyone and everyone you know. The more email letters all the banks receive, the more they will begin to get the idea that we "do not trust" them and we will no longer allow them to operate with special exceptions to the law. As I always have said and maintain, "THE LAW IS THE LAW FOR EVERYONE".<br />
<blockquote>To whom it may concern:<br />
<br />
I own the property at the address listed above, and your bank services my mortgage. <br />
<br />
Over the last several weeks there have been many stories documenting the problem that banks are foreclosing on homes without proof that they own the loan. I have learned that in many cases, banks like yours do not even know who owns the loans you service. Employees at several leading banks have admitted to rubber stamping tens of thousands of foreclosures every month, without even checking to make sure that the bank had a legal right to proceed with foreclosure. In some cases, banks allegedly falsified mortgage documents to cover up their mistakes. There have been reports of two banks trying to foreclose on the same home, banks foreclosing on homeowners who were current on their payments, and even of a bank foreclosing on a home where the homeowner had never taken out a mortgage to begin with. This is not merely a "technical problem"--it is the difference between having a warm bed at night and being out on the street.<br />
<br />
As a homeowner and a customer of your bank, I am horrified. I had always believed that it I played by the rules, I would be protected, but now I know that banks like yours think the rules don't apply to them. <br />
<br />
To protect myself and my family, I need to know who owns my mortgage. Within thirty days, I would like to know the name, address, and phone number of the bank or investor that owns my mortgage. Furthermore, in light of the recent allegations of foreclosure fraud, I demand to see the original mortgage note proving ownership over my home loan. <i> I would like to see copies of all endorsements and assignments of my mortgage note and where and when the assingment(s) _if any - were recorded. I also ask that you provide me with evidence of your firm being contractually retained to service my loan. (italics indicate added by LR)</i><br />
<br />
If you fail to <strike>produce a mortgage note proving that you have a right to collect my mortgage payments,</strike> <i>provide the information I am legally entitled to</i>, I will be forced to consider all options available to me to ensure that my family and my home are protected. <br />
<i>(italics indicate added by LR) </i><br />
<br />
I ask that I receive my response in writing.<br />
<br />
Thank you for your attention to this matter.</blockquote><div class="zemanta-related"><h6 class="zemanta-related-title" style="font-size: 1em; margin: 1em 0pt 0pt;">Related articles</h6><ul class="zemanta-article-ul"><li class="zemanta-article-ul-li"><a href="http://ftalphaville.ft.com/blog/2010/10/12/367291/the-mbs-mess-from-the-beginning-the-deal-docs/">The MBS mess from the beginning - the deal docs</a> (ftalphaville.ft.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.huffingtonpost.com/peter-g-miller/the-real-foreclosure-cris_b_759060.html">Peter G. Miller: The Real Foreclosure Crisis: Who Owns The Mortgages?</a> (huffingtonpost.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.usatoday.com/money/economy/housing/2010-10-11-foreclosures11_CV_N.htm?csp=34money">Fight over MERS' legal right to foreclose makes mess worse</a> (usatoday.com)</li>
<li class="zemanta-article-ul-li"><a href="http://news.firedoglake.com/2010/10/09/democrats-continue-to-pressure-lenders-toward-nationwide-foreclosure-moratorium/">Democrats Continue to Pressure Lenders Toward Nationwide Foreclosure Moratorium</a> (news.firedoglake.com)</li>
<li class="zemanta-article-ul-li"><a href="http://r.zemanta.com/?u=http%3A//abcnews.go.com/Business/wireStory%3Fid%3D11861158&a=26268877&rid=e06373e6-19f6-46e9-881b-a3c7a958702e&e=e319ab9482ee11e4bc1aabf809e94971">Despite Foreclosure Halt, Mortgage Crisis Not Over</a> (abcnews.go.com)</li>
<li class="zemanta-article-ul-li"><a href="http://r.zemanta.com/?u=http%3A//www10.nytimes.com/2010/10/12/business/economy/12foreclose.html%3F_r%3D5&a=26238648&rid=e06373e6-19f6-46e9-881b-a3c7a958702e&e=203eda0c65eeb227d36d9d25ed46a39c">You: News Analysis: A Foreclosure Tightrope for Democrats</a> (nytimes.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.dailyfinance.com/story/investing/foreclosure-crisis-eroding-trust-ending-recovery/19667666/?icid=zemanta">The Foreclosure Crisis: Eroding Trust -- and Ending the Recovery?</a> (dailyfinance.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.businessinsider.com/why-foreclosure-fraud-is-so-dangerous-to-our-system-of-property-rights-2010-10">Why Foreclosure Fraud Is So Dangerous To Our System Of Property Rights</a> (businessinsider.com)</li>
<li class="zemanta-article-ul-li"><a href="http://rortybomb.wordpress.com/2010/10/11/foreclosure-fraud-for-dummies-3-why-are-servicers-so-bad-at-their-job/">Foreclosure Fraud For Dummies, 3: Why Are Servicers So Bad At Their Job?</a> (rortybomb.wordpress.com)</li>
</ul></div><div class="zemanta-pixie" style="height: 15px; margin-top: 10px;"><a class="zemanta-pixie-a" href="http://www.zemanta.com/" title="Enhanced by Zemanta"><img alt="Enhanced by Zemanta" class="zemanta-pixie-img" src="http://img.zemanta.com/zemified_e.png?x-id=e06373e6-19f6-46e9-881b-a3c7a958702e" style="border: medium none; float: right;" /></a><span class="zem-script more-related pretty-attribution"><script defer="defer" src="http://static.zemanta.com/readside/loader.js" type="text/javascript">
</script></span></div>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com24tag:blogger.com,1999:blog-173940490303025576.post-35029503850035752962010-10-08T18:25:00.000-04:002010-10-08T18:25:03.143-04:00Bank Fraud Edition: Fraud Fraud and More Fraud<span class="zemanta-img separator zemanta-action-dragged"><a href="http://commons.wikipedia.org/wiki/File:Foreclosedhome.JPG" style="clear: left; display: block; float: left; margin-left: 1em; margin-right: 1em;"><img alt="Half million dollar house in Salinas, Californ..." height="225" src="http://upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Foreclosedhome.JPG/300px-Foreclosedhome.JPG" style="border: medium none; font-size: 0.8em;" width="300" /></a><span class="zemanta-img-attribution" style="clear: left; float: left; margin-left: 1em; margin-right: 1em; width: 300px;">Image via <a href="http://commons.wikipedia.org/wiki/File:Foreclosedhome.JPG">Wikipedia</a></span></span>Bank of America announces it will halt all foreclosures and foreclosure sales beginning Saturday, October 9, 2010, in all 50 states <b>This is big</b>. (See story in The <a href="http://www.huffingtonpost.com/2010/10/08/bank-of-america-halts-foreclosures_n_755737.html">Huffington Post</a>)<br />
<br />
Just the other day they announced that they were halting their actions just in the 23 states where they must go to court in order to complete a foreclosure. These states are referred to as <a class="zem_slink" href="http://en.wikipedia.org/wiki/Foreclosure" rel="wikipedia" title="Foreclosure">judicial foreclosure</a> states. The other states, referred to as non judicial foreclosure states do not require that the lenders or banks go to court to foreclose. They simply place a notice of sale on the door of the home indicating that the home will be sold at auction on a certain date.<br />
<br />
What makes this new action by <a class="zem_slink" href="https://www.bankofamerica.com/" rel="homepage" title="Bank of
America">BofA</a> so significant is that it lets everyone know that even in non judicial states the homeowner has a legal right to defend their foreclosure the same as if it were a judicial foreclosure state. I say again, <b>THIS IS BIG</b>!<br />
<br />
Read More...click <a href="http://www.goldmansachs666.com/2010/10/bank-fraud-edition-fraud-fraud-and-more.html">here </a><br />
Editor's Note: This article first appeared in <a href="http://goldmansachs666.com/">GoldmanSachs666.com</a> <div class="zemanta-pixie" style="height: 15px; margin-top: 10px;"><a class="zemanta-pixie-a" href="http://www.zemanta.com/" title="Enhanced by Zemanta"><img alt="Enhanced by Zemanta" class="zemanta-pixie-img" src="http://img.zemanta.com/zemified_e.png?x-id=b4461e30-4a46-4772-923b-8f53161263a2" style="border: medium none; float: right;" /></a><span class="zem-script more-related pretty-attribution"><script defer="defer" src="http://static.zemanta.com/readside/loader.js" type="text/javascript">
</script></span></div>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com3tag:blogger.com,1999:blog-173940490303025576.post-88213507191577277712010-10-07T14:07:00.000-04:002010-10-07T14:07:18.193-04:00The People vs The BanksWe are entering a era of lawlessness in this country. Lawlessness not by the people but by our major banking institutions joined by a handful of other Too Big To Fail corporations such as GM and AIG. Let's take a look at the latest of events depicting how banks with the permission of law enforcement and government is able to shred our Constitution even more, disregard our property rights and our right - perhaps - to protect ourselves.<br />
<br />
I previously compared our country to the old Soviet Union (U.S.S.R) where people had no privacy. Where people were subject to search and seizure in their homes and where the people had few if any rights when it came to the law and the politburo. So too now in the new U.S.S.R. - The United States of the Socialist Republic<br />
.<br />
Head the warnings. What you are about to see is frightening, un Amercian, un constitutional and JUST PLAIN WRONG in the country where the Stars and Stripes still fly over our nation's capital.<br />
<br />
(Reprinted from JPMorgan666.com)<br />
<br />
Most of us use them (banks) everyday. They are on every street corner. We voluntarily give them all of our money every pay day. We use them to store our money. We trust them. ???<br />
I don't think so. If ever there was an enemy of the people out there it is the bank. They have been given favorite status by our lawmakers and enforcers and were allowed to steal from us in the open. Now they continue their illegal criminal activities against us.<br />
<br />
Here is just one more example of how blatant and bold the banks are and how they have a total disregard for the law and the people in this country. This video clip comes to us courtesy of Mathew Weidner, Esq. It is a clip from MSNBC's Dylan Ratigan Show. Mat - who appear on this clip will also appear on Dylan's show today at 4:00 PM. We will post that clip as soon as it is available.<br />
<br />
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<div style="background: none repeat scroll 0% 0% transparent; color: #999999; font-family: Arial,Helvetica,sans-serif; font-size: 11px; margin-top: 5px; text-align: center; width: 420px;">Visit msnbc.com for <a href="http://www.msnbc.msn.com/" style="border-bottom: 1px dotted rgb(153, 153, 153) ! important; color: rgb(87, 153, 219) ! important; font-weight: normal ! important; height: 13px; text-decoration: none ! important;">breaking news</a>, <a href="http://www.msnbc.msn.com/id/3032507" style="border-bottom: 1px dotted rgb(153, 153, 153) ! important; color: rgb(87, 153, 219) ! important; font-weight: normal ! important; height: 13px; text-decoration: none ! important;">world news</a>, and <a href="http://www.msnbc.msn.com/id/3032072" style="border-bottom: 1px dotted rgb(153, 153, 153) ! important; color: rgb(87, 153, 219) ! important; font-weight: normal ! important; height: 13px; text-decoration: none ! important;">news about the economy</a></div>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com0tag:blogger.com,1999:blog-173940490303025576.post-50136238050826361032010-10-06T23:57:00.000-04:002010-10-06T23:57:14.546-04:00It Begins...Ohio Files Suit:: As Posted in GoldmanSachs666.com<b>This Open Door Into Fraud Could Lead All Way Up The Ladder.</b><br />
<b> </b><br />
Even Goldman Sachs may not be immune from further investigations of fraud. Goldman still owns mortgage companies but their real problem will come when fraud investigations into the securitization process and <a class="zem_slink" href="http://en.wikipedia.org/wiki/Credit_default_swap" rel="wikipedia" title="Credit default swap">Credit Default Swaps</a> begin as a result. Isn't that how things usually happen. One small item leads to much bigger ones. The lid of Pandora's Box is officially open.<br />
<br />
Thank you Sean for sending this link. Here now the story from the <a class="zem_slink" href="http://www.huffingtonpost.com/" rel="homepage" title="The Huffington Post">Huff Post</a>:<br />
<br />
<a href="http://www.huffingtonpost.com/2010/10/06/ally-financial-ohio-lawsuit-foreclosure-fraud_n_753372.html">Ohio Attorney General Sues Ally Financial Over Alleged Foreclosure Fraud, First In A Possible Wave Of Lawsuits</a><br />
<blockquote>WASHINGTON — Ohio's attorney general is suing Ally Financial Inc. and its GMAC Mortgage division, alleging the company violated state fraud laws in handling foreclosure cases. </blockquote><blockquote>The action could be the first in a wave of lawsuits by state regulators over what appear to be widespread problems in documents used by the nation's largest mortgage lenders. </blockquote><blockquote>Attorney General <a class="zem_slink" href="http://www.ag.state.oh.us/" rel="homepage" title="Richard Cordray">Richard Cordray</a> said Wednesday the alleged fraud could involve hundreds of foreclosures in the state. The lawsuit claims the company's employees signed and filed false affidavits to mislead courts. Cordray called the alleged fraud the "tip of an iceberg of industrywide abuse of the foreclosure process." </blockquote><blockquote>A message left at Ally was not immediately returned.</blockquote><b>Read the Rest</b>...<a href="http://www.huffingtonpost.com/2010/10/06/ally-financial-ohio-lawsuit-foreclosure-fraud_n_753372.html">click here</a><br />
<br />
The truth is finally coming out and our government and legal structure can no longer sweep this under the rug. Action will be taken and will have to be taken. Look for many of our <a class="zem_slink" href="http://en.wikipedia.org/wiki/Too_big_to_fail" rel="wikipedia" title="Too big to fail">Too Big To Fail</a> friends to begin to fail. I don't believe there will be any more bailouts. Understand that Ally Financial 0 once GMAC - is still living and working under the bailout we gave them. How dare they use our money to commit more fraud.<br />
<h6 class="zemanta-related-title" style="font-size: 1em; margin: 1em 0pt 0pt;">Related articles by Zemanta</h6><ul class="zemanta-article-ul"><li class="zemanta-article-ul-li"><a href="http://www.marketwatch.com/story/ohio-ag-sues-gmac-ally-over-foreclosure-fraud-2010-10-06?siteid=rss">Ohio AG sues GMAC, Ally over foreclosure fraud</a> (marketwatch.com)</li>
<li class="zemanta-article-ul-li"><a href="http://r.zemanta.com/?u=http%3A//abcnews.go.com/Business/wireStory%3Fid%3D11815096&a=25905409&rid=175cdfd3-4066-4dd0-8c15-c930e004de68&e=2d8a8a634d1d28bd1fc0d20efb7b1ed1">Ohio AG to File Suit Against Major Loan Servicer</a> (abcnews.go.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www10.nytimes.com/aponline/2010/10/06/business/AP-US-Foreclosure-Mess.html?_r=5">Ohio AG Sues Ally Financial Over Foreclosures</a> (nytimes.com)</li>
<li class="zemanta-article-ul-li"><a href="http://seattletimes.nwsource.com/html/businesstechnology/2013091601_apususforeclosuremess.html?syndication=rss">AG Holder says Justice looking into foreclosures</a> (seattletimes.nwsource.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.huffingtonpost.com/iris-martin/homeowners-the-courtroom-_b_751675.html">Iris Martin: Homeowners: The Courtroom is Your Battlefield</a> (huffingtonpost.com) </li>
<li class="zemanta-article-ul-li"><a href="http://www.prnewswire.com/news-releases/gmac-mortgage-statement-on-ohio-lawsuit-104450098.html">GMAC Mortgage Statement on Ohio Lawsuit</a> (prnewswire.com)</li>
</ul><div class="zemanta-pixie" style="height: 15px; margin-top: 10px;"><a class="zemanta-pixie-a" href="http://www.zemanta.com/" title="Enhanced by Zemanta"><img alt="Enhanced by Zemanta" class="zemanta-pixie-img" src="http://img.zemanta.com/zemified_e.png?x-id=175cdfd3-4066-4dd0-8c15-c930e004de68" style="border: medium none; float: right;" /></a><span class="zem-script more-related pretty-attribution"><script defer="defer" src="http://static.zemanta.com/readside/loader.js" type="text/javascript">
</script></span></div>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com1tag:blogger.com,1999:blog-173940490303025576.post-81821767858043246762010-10-06T15:57:00.000-04:002010-10-06T15:57:04.711-04:00Big Bank Fraud Exposed...Finally! As Published in GoldmanSachs666.comPonzi is turning over in his grave!<br />
<br />
To think that the scheme - named for him - of defrauding people has reached a level which can never and will never be reached again.<br />
<br />
We have all been hearing and reading about the latest and greatest in foreclosure fraud committed by GMAC (Now Ally Bank), JP Morgan Chase and <a class="zem_slink" href="http://finance.yahoo.com/q?s=BAC" rel="yahoofinance" title="NYSE: BAC">Bank of America</a> who have voluntarily suspended foreclosure actions in 23 states which require the use of the court system to accomplish a foreclosure (these states are referred to as Judicial Foreclosure States.<br />
<br />
<b>A short summary of what this is all about.<br />
</b><br />
<br />
A law firm - ICE Legal - in Palm Beach County, Florida discovered in a deposition that an Affidavit attesting to personal knowledge of the mortgage account in foreclosure was fraudulent.<br />
<br />
The importance of this Affidavit is that it is a requirement by Florida Statute in order to request a Summary Judgment to foreclosure on a property. It is apparently a requirement in in the other 22 Judicial Foreclosure States as well.<br />
<br />
What the attorney from ICE Legal learned in the deposition (information given under oath) was that the person who signed the Affidavit <b>attesting to having had personal knowledge</b> of the account and case - in fact did not. Even more disturbing in his deposition was the admission that he and a <i>team</i> of others literally signed thousands of these Affidavits a month under the direction of the law firm representing GMAC. This admission prompted GMAC to immediately halt all foreclosures in Florida and the other 22 Judicial Foreclosure states.<br />
<br />
Within days JP Morgan and Bank of America also admitted to the same fraudulent activity and also suspended all foreclosure action in those 23 states. Today, Wells Fargo also admitted to having done the same but has not as yet suspended forclosures. They are simply looking into the situation.<br />
<br />
Make no mistake here folks, this type of activity is pure and simple fraud and by submitting flatulent documents as evidence in a court of law it then becomes<b><i> fraud on the court </i></b>as well.<br />
<br />
The topic of fraudulent foreclosures by the banks has been my primary focus for the past 3 years when I first began writing about it as a Guest Writer in <a href="http://flippingfrenzy.com/">Flippingfrenzy.com</a>, <a href="http://www.themortgagecorner.blogspot.com/">TheMortgageCornerFORUM </a>and <a href="http://www.theforeclosuredetonator.wordpress.com/">TheForeclosureDetonatorFORUM</a>.<br />
<br />
Few people believed me in the past when I said that the banks were committing fraud causing the mortgage meltdown which later turned into the worst financial crisis the world has ever seen - yes, worse then the Great Depression. Few believed me when I said three years ago that the banks are committing fraud and foreclosing illegally in many if not most foreclosures. Few believed me when I said that the banks were committing fraud on the courts providing forged, created or misrepresented documents. And few believed me when I said that the parties acting as Plaintiffs in many of our foreclosures do not have the legal right to do so (this is called Standing) as they do not own the mortgage notes they are foreclosing on.<br />
<br />
Of course, over the past three years many of my stories have been substantiated by people like Federal Judge Boyco of Ohio who dismissed 17 foreclosure cases against one bank in one day saying that they lacked Standing - they could not prove ownership of the notes therefore they could not foreclose. Another such person was New York Superior Court Judge Arthur Shack who also denied banks their foreclosures for the same reason of not having Standing.<br />
<br />
Other judges in Ohio, New York, Florida and a few other states have as well ruled the same way. In addition, some of these judges found evidence of falsified documents and even sanctioned the law firm for attempting to commit fraud on the court.<br />
<br />
What is important here is that this case of Affidavit fraud will open the door to all the other frauds committed by our banks - expecially our Too Big To Fail banks like Goldman Sachs. Goldman is very much involved in much of the early frauds having to do with securitizations I have written about here in the past. .They also own mortgage lending companies that have been and probably still are involved in the most recent evidence of fraud.<br />
<br />
Many of the frauds committed by GS and their Wall Street cronies have been written about, talked about and exposed yet little if anything has ever been done. You all know I have been calling for justice on this issue. So far they all have not only been deemed Too Big To Fail (GMAC was included in that if you remember and we own most of that company today) but have seemingly been granted some type of immunity against any prosecution for obvious illegal and fraudulent activities. They seem to have been <i>above the law</i> as well.<br />
<br />
Well, this may all finally be coming to an end and justice may yet be served even though I believe it will still be a slow painful process.<br />
<br />
To explain all of this further, here is the article I posted yesterday on my sister site - <a href="http://theforeclosuredetonator.wordpress.com/2010/10/06/bank-fraud-finally-in-the-limelight/">TheForeclsoureDetonator</a>.<br />
<blockquote><h2 class="storytitle" id="post-831"><span style="font-size: small;"><a href="http://theforeclosuredetonator.wordpress.com/2010/10/06/bank-fraud-finally-in-the-limelight/" rel="bookmark" title="Permanent Link: Bank Fraud FINALLY In
the Limelight">Bank Fraud FINALLY In the Limelight</a><span style="font-weight: normal;"><br />
<br />
I have not been the first to report on this as I have been busy reading all of the other reports on this topic. Pandora's Box has finally been opened.</span></span></h2>This "robo- signer" fraud is only the tip of the iceberg that ICE Legal (no pun intended) in Royal Palm Beach, Florida (Palm Beach County) discovered during "discovery". His deposition caused GMAC (ALLY Bank) to halt foreclosures in 23 states. This action was then followed by JP Morgan Chase and as of this past<br />
<br />
Friday, Bank of America. I am sure we will see many other of our major banks follow suit as this practice of submitting fraudulent documents to the courts is wide-spread.<br />
<br />
While this news is finally showing how banks are committing fraud in our courts by submitting fraudulent Affidavits attesting to personal knowledge of each foreclosure case and mortgage account, I believe, is only the beginning.<br />
<br />
<b>Back Door To Fraud<br />
</b><br />
The banks and their attorneys - commonly called foreclosure mills - have been committing fraud on the court since the beginning of the once called <i>"mortgage meltdown"</i> and the current <i>foreclosure crisis</i>. The fraud was committed when many loans were originated.<br />
<br />
Mortgage brokers - who were accused by the big box banks of creating all of these "bad loans" - submitted deals to the banks. <i><b>It was the job of these banks/lenders to "underwrite"</b></i> these loans then decide if they would approve them or not. In many cases they <i>approved</i> loans knowing that there were fraudulent documents in the file or knowing that the <i>ability to repay </i>did not exist. In other words, the banks <br />
<b>approved</b> and<b> funded</b> loans they <i>knew</i> were foreclosures in the making. They blamed the brokers when<i> it was their job</i> to make the decision to approve and fund or to deny.<br />
<br />
FYI, Fannie and Freddie very much did the same. You see, they created a computer underwriting engine that would automatically underwrite a loan input by any loan originator including the mortgage brokers. They (F & F) frequently tweaked the system so that it would approve more loans. They sent teams of people out into the field to teach originators how to use their automated underwriting (AU) systems, called Desktop Underwriter (DU) for <a class="zem_slink" href="http://finance.yahoo.com/q?s=FNM" mce_href="http://finance.yahoo.com/q?s=FNM" rel="yahoofinance" title="NYSE: FNM">Fannie Mae</a> and Loan Prospector (LP) for <a class="zem_slink" href="http://finance.yahoo.com/q?s=FRE" mce_href="http://finance.yahoo.com/q?s=FRE" rel="yahoofinance" title="NYSE: FRE">Freddie Mac</a>'s version. In these "field" workshops they taught us how to manipulate the system to get approvals. They taught us to keep changing the information such as income and assets until the system gave us an approval often <b>not</b> requiring any verification. Once the system gave us the desired approval we were then told to hit the submit button which would give the official approval.</blockquote><b>Read the Complete Article</b>...<a href="http://theforeclosuredetonator.wordpress.com/2010/10/06/bank-fraud-finally-in-the-limelight/">click here <br />
<br />
</a><br />
it is time that the people of this country get the justice they so deserve. We can not allow our justice system to be hijacked by the banksters their politician buddies many of whom are their former employees.<br />
<br />
Goldman Sachs was given a mere pittance of a fine for just one small illegal activity yet the bigger crimes still go unnoticed and unpunished. I truly believe this is a new beginning for the people and perhaps even a new beginning for this blog. These banksters must learn that they cannot rule us, take from us our Constitutional right of Due Process and trample over us at will for their own personal profit and gain.<br />
<br />
For the first time in three years I feel somewhat encouraged.<br />
As I have always said:<br />
<blockquote><b>"The law is the law for everyone" </b></blockquote>and as relates to the massive illegal foreclsures, <br />
<blockquote><b>"Two wrongs don't make a right". </b></blockquote>You cannot lie and commit fraud in an attempt to correct a problem you created in the first place.<br />
<div class="zemanta-related"><h6 class="zemanta-related-title" style="font-size: 1em; margin: 1em 0pt 0pt;">Just look at all the article below. This is massive fraud they can't hide or get around this time.</h6><h6 class="zemanta-related-title" style="font-size: 1em; margin: 1em 0pt 0pt;">Related articles by Zemanta</h6><ul class="zemanta-article-ul"><li class="zemanta-article-ul-li"><a href="http://www.prweb.com/releases/prwebbofa-foreclosures/wrongful-foreclosure/prweb4601714.htm">Bank of America's Review For Foreclosure Errors May Lead to Foreclosure Defense Lawyers Asking Courts to Set Aside Old Foreclosure Cases</a> (prweb.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.businesspundit.com/lawyers-politicians-feed-on-foreclosure-freeze/">Lawyers, Politicians Feed on Foreclosure Freeze</a> (businesspundit.com)</li>
<li class="zemanta-article-ul-li"><a href="http://r.zemanta.com/?u=http%3A//www.businessweek.com/news/2010-10-06/jpmorgan-ally-face-hydra-of-foreclosure-probes.html&a=25890509&rid=b1013ec0-12e9-40a6-afd4-2273cfcb5df0&e=b6116cc530965b77f84083ab8ecf6c7a">JPMorgan, Ally Face 'Hydra' of Foreclosure Probes</a> (businessweek.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.theglobeandmail.com/report-on-business/uproar-over-foreclosures-in-us-intensifies/article1745587/?cmpid=rss1">Uproar over foreclosures in U.S. intensifies</a> (theglobeandmail.com)</li>
<li class="zemanta-article-ul-li"><a href="http://schott.blogs.nytimes.com/2010/10/06/robo-signers/">Robo-signers</a> (schott.blogs.nytimes.com)</li>
<li class="zemanta-article-ul-li"><a href="http://r.zemanta.com/?u=http%3A//www10.nytimes.com/2010/10/06/business/06mortgage.html%3F_r%3D5&a=25857895&rid=b1013ec0-12e9-40a6-afd4-2273cfcb5df0&e=ff30da4d8809c5b234c21b68cdb6b9c4">Foreclosure Furor Rises; Many Call for a Freeze</a> (nytimes.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.huffingtonpost.com/2010/10/05/democrats-call-for-invest_n_751373.html">Pelosi Calls For Investigation Of Foreclosure Fraud</a> (huffingtonpost.com)</li>
<li class="zemanta-article-ul-li"><a href="http://news.firedoglake.com/2010/10/02/maine-homeowners-sue-gmac-over-foreclosure-fraud/">Maine Homeowners Sue GMAC Over Foreclosure Fraud</a> (news.firedoglake.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.zerohedge.com/article/bank-america-joins-jpmorgan-and-ally-admitting-it-never-validated-foreclosures-docs">"Bank Of America Joins JPMorgan And Ally In Admitting It Never Validated Foreclosures Docs" and related posts</a> (zerohedge.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.huffingtonpost.com/ray-brescia/enough-rampant-fraud-in-f_b_749053.html">Ray Brescia: Enough: Rampant Fraud in Foreclosures Means It's High Time for a National Foreclosure Moratorium</a> (huffingtonpost.com)</li>
<li class="zemanta-article-ul-li"><a href="http://news.firedoglake.com/2010/10/05/foreclosure-fraud-caused-by-lenders-not-judges/">Foreclosure Fraud Caused By Lenders, Not Judges</a> (news.firedoglake.com)</li>
<li class="zemanta-article-ul-li"><a href="http://blog.hsh.com/index.php/2010/10/thousands-in-23-states-affected-by-foreclosure-suspensions/">Thousands in 23 states affected by foreclosure suspensions</a> (hsh.com)</li>
<li class="zemanta-article-ul-li"><a href="http://seattletimes.nwsource.com/html/businesstechnology/2013049273_apusbankofamericaforeclosures.html?syndication=rss">Bank exec. signed, didn't read foreclosure papers</a> (seattletimes.nwsource.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.huffingtonpost.com/2010/10/01/bank-of-america-foreclosure-_n_747514.html">Bank Of America Exec Signed, But Didn't Read Up To 8,000 Foreclosure Papers Per Month</a> (huffingtonpost.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.dailyfinance.com/story/real-estate/bank-of-america-joins-the-foreclosure-delay-brigade/19657910/?icid=zemanta">Bank of America Joins the Foreclosure Delay Brigade</a> (dailyfinance.com)</li>
<li class="zemanta-article-ul-li"><a href="http://projectworldawareness.com/2010/10/the-big-boys-are-scurrying/">The Big Boys are Scurrying....</a> (projectworldawareness.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.propublica.org/blog/item/gmacs-robo-signers-draw-concerns-about-faulty-process-mistaken-foreclosures">GMAC's 'Robo-Signers' Draw Concerns About Faulty Process, Mistaken Foreclosures</a> (propublica.org)</li>
<li class="zemanta-article-ul-li"><a href="http://r.zemanta.com/?u=http%3A//www10.nytimes.com/2010/10/02/business/02mortgage.html%3F_r%3D5&a=25620268&rid=b1013ec0-12e9-40a6-afd4-2273cfcb5df0&e=d6b058634ab48dd129fd50d4a4e078b4">You: Bank of America Freezing Foreclosures</a> (nytimes.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.dailyfinance.com/story/credit/jpmorgan-chase-will-delay-foreclosures-on-some-properties-to-rev/19654407/?icid=zemanta">JPMorgan Chase to Delay Some Foreclosures to Review Documents</a> (dailyfinance.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.huffingtonpost.com/2010/10/06/banks-foreclosure-break-in_n_752613.html">Banks Breaking Into Occupied Homes In Foreclosure To Change Locks</a> (huffingtonpost.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.newser.com/story/101976/bank-of-america-we-messed-up-foreclosures-too.html">Bank of America: We Messed Up Foreclosures, Too</a> (newser.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.businessinsider.com/bank-of-america-joins-jpmorgan-is-suspending-foreclosures-2010-10">Bank Of America Joins JPMorgan In Suspending Foreclosures (BAC)</a> (businessinsider.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.mysanantonio.com/news/local_news/texas_ag_suspends_foreclosures_104323339.html">Mysa.com: Texas AG suspends foreclosures</a> (mysanantonio.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.mysanantonio.com/news/politics/texas_ag_suspends_foreclosures_104323339.html">Texas AG suspends foreclosures</a> (mysanantonio.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.mybanktracker.com/bank-news/2010/10/04/bank-america-foreclosures-stopped-23-states/">"Bank of America Foreclosures Stopped in 23 States" and related posts</a> (mybanktracker.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.reuters.com/article/idUSN0519590620101005">US Sen. Menendez raises foreclosure moratorium idea</a> (reuters.com)</li>
</ul></div><div class="zemanta-pixie" style="height: 15px; margin-top: 10px;"><a class="zemanta-pixie-a" href="http://www.zemanta.com/" title="Enhanced by Zemanta"><img alt="Enhanced by Zemanta" class="zemanta-pixie-img" src="http://img.zemanta.com/zemified_e.png?x-id=b1013ec0-12e9-40a6-afd4-2273cfcb5df0" style="border: medium none; float: right;" /></a><span class="zem-script more-related pretty-attribution"><script defer="defer" src="http://static.zemanta.com/readside/loader.js" type="text/javascript">
</script></span></div>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com0tag:blogger.com,1999:blog-173940490303025576.post-485544613545568102010-09-30T16:39:00.002-04:002010-09-30T17:03:29.237-04:00Admission of Guilt With No Consequences...We Need Justice For All<div xmlns="http://www.w3.org/1999/xhtml"><div style="background-color: #d0e0e3;" xmlns="http://www.w3.org/1999/xhtml"> <b>Editor's Note:</b> While this is not directly related to Goldman Sachs, it is important in that it provides further evidence that banks can get away with criminal activities and have been. We have seen over the course of this blog that GS has committed offenses that for most others would have meant prosecution. Now we see that fraud committed by banks is an ongoing criminal activity that perhaps should be prosecuted under our RICO laws. Our courts are not only being abused by our TBTF banks but they have become willing accomplices against the very people they are empowered to protect.<br />
<br />
The story of bank fraud, committed by the banks themselves is an ongoing story that has been on the side lines since the very beginning of the "meltdown" in 2007. Banks lied then to protect themselves, they continued to cheat and lie to protect themselves, they lied (along with our highest elected officials) to get our money so that they could steal from us even more.<br />
</div><div style="background-color: #d0e0e3;">This is a story of a financial system gone bad. It is a story of a government taken over by a financial system gone bad and it is a story of a once free people in a nation whose Constitution has gone bad. Everything we once had and stood for has been destroyed by our banks.</div><div style="background-color: #d0e0e3;"> <br />
</div><span style="background-color: #d0e0e3;">This site will continue to expand on these abuses. </span></div><div xmlns="http://www.w3.org/1999/xhtml"> </div><br />
<div xmlns="http://www.w3.org/1999/xhtml">Maybe my prayers are being somewhat answered. That legal guru in the sky must have been reading my posts and rained some bad mojo down on a couple of offending lenders.<br />
We have read in days past of GMAC's voluntary suspension of foreclosures in 23 states and had heard that JPMorgan was contemplating suspensions of foreclosures as well. Today we learn that JPMorgan is in fact suspending over 56,000 foreclosures pending reviews of documentation - specifically Affidavits - provided to the courts, many of which may be fraudulent.<br />
In GMAC's case, there is definitely admission of guilt under oath by two offenders who did in fact lie and commit fraud when they signed the Affidavits attesting to personal knowledge of the accounts in question.<br />
<br />
But it still mystifies me that knowing fraud on the court has been committed, there seems to be no consequence to these <i>illegal</i> actions. As one of our readers, Grady, wrote in a recent comment, <br />
<blockquote><i>So now we have two major lenders <b>admitting</b> that their employees and the fraudsters that represent them, have quite possibly and probably, (actually have as we all know) committed fraud on the Court and perjured themselves. (emphasis added)</i></blockquote><br />
<blockquote><i> </i><br />
<i><b>Where are the criminal prosecutions?</b> <b>Where are the dismissals with prejudice? Where are the sanctions? </b>(emphasis added) <small>LR Note: I agree with all of these questions. If it were you or I who committed these frauds, we would have been arrested and prosecuted immediately. Again, there is a separate set of laws for those we call Too Big To Fail. </small></i><i><b><br />
</b></i><br />
<i>We all know that they will just withdraw the fraudulent documents and refile new ones and it will all blow over, business as usual in the kangaroo courts.</i></blockquote> Grady is right, it will be business as usual as they <i>will</i> just withdraw any fraud documents and refile new ones. It is like robbing a bank then returning the money in exchange for not being prosecuted. More legal precedence being set?<br />
<br />
However, there is some sunlight here as well. The recognition from chief judge of the Sixth Judicial Circuit in Florida - which includes Clearwater and St. Petersburg - that there <i><b>are</b> <b>legal issue problems</b></i> here and despite the Florida legislature's push on "Rocket Docket" efforts to clear the dockets of foreclosures, that a slow down and more careful examination of each case must be made.<br />
<br />
According to the New York Times report today, <a href="http://www.nytimes.com/2010/09/30/business/30mortgage.html?_r=2&ref=business">JP Morgan Suspending Foreclosures, </a><br />
<blockquote>Judge McGrady predicted that the foreclosure process in Florida, which the Legislature has been trying to speed up, would have to slow down. </blockquote><blockquote>“Everyone is going to have to look at these cases more closely,” said Judge McGrady, whose circuit includes St. Petersburg. </blockquote>Says Judge J. Thomas McGrady,<br />
<blockquote><b>“I don’t want to say that every one of these cases is wrong and a fraud on the court, but it is a big concern for us,” </b></blockquote>"Fraud on the court" he says, the first time I have seen that term used outside a very few specific cases. The fact that he says "it is a big concern for us" tells me that the fraud on the courts is widespread and they (judges) can no longer just look the other way as they have been doing.<br />
It will be interesting to see how judges in the 6th Circuit handle each case now. It will be especially interesting to see how the newly rehired, retired judges - whose mandate it is to clear the dockets of foreclosures - will rule. It will be difficult for any layperson to evaluate since once open and public hearings are often closed to the public (another injustice and violation of public rights).<br />
<br />
It remains to be seen how this new evidence is handled in Judicial foreclosure states around the country. This is not an isolated problem involving just two lenders. It is widespread throughout the servicing companies and foreclosure mills (attorneys representing lenders) who initiate and handle these foreclosures. Fraudulent documents, forged documents, back dated documents or many times no documents such as Assignments or Endorsements proving transfer of ownership to the entity taking the action.<br />
<br />
We have admission and plenty of evidence of fraud on the courts from around the country. Remember, Judge Boyco, the Federal Judge in Ohio who dismissed 17 foreclosure cases in one day against one lender back in 2007 for not having the proper paperwork proving the standing of the plaintiffs to take the action? There was also Judge Shack, the Superior Court Judge from New York who dismissed cases for improper paperwork and for failure to prove standing. This was back in 2008. There are other judges who have taken the same actions of upholding the laws against the banks as well. Now it is time for all judges around the country in all courts hearing foreclosure cases to uphold the law as written and to punish those who would openly abuse the laws.<br />
<br />
As I asked in yesterday's post - <a href="http://theforeclosuredetonator.wordpress.com/2010/09/29/lets-ramp-up-the-fight-against-illegal-foreclosures-and-fraud-by-banks-2/">Let's Ramp Up The Fight Against Illegal Foreclosures and Fraud By Banks</a> - where is everyone who has the authority to take action against what is and has been obvious illegal activity from lenders, servicers and attorneys? Should not the Bar Association take action against any and all lawyers who have been complicit in these frauds? Should not the Attorneys General of at least all judicial states take legal action and bring charges against the lenders/banks or servicers as well as their attorneys? After all, these practices are illegal and the law is the law for <i><b>everyone</b></i> regardless their economic standing.<br />
<br />
Let's see how all of this plays out. It is a beginning. It opens the door even further to the illegal practices of banks and their attorneys which is seemingly condoned by our government and our courts. How much longer will this be tolerated by us? <br />
<br />
<i><small><b>Editors Note:</b> This article was written for publication in <a href="http://draft.blogger.com/www.theforeclosuredetonator.wordpress.com">TheForeclosoureDetonatorFORUM </a>but will be simultaneously be published in <a href="http://draft.blogger.com/www.jpmorgan666.com">JPMorgan666.com</a>, <a href="http://draft.blogger.com/www.barackobama666.com">BarackObama666.com</a>, <a href="http://draft.blogger.com/www.goldmansachs666.com">GoldmanSachs666.com</a> and <a href="http://draft.blogger.com/www.themortgagecorner.blogspot.com">TheMortgageCornerFORUM</a></small></i></div><div class="zemanta-related"><h6 class="zemanta-related-title" style="font-size: 1em; margin: 1em 0pt 0pt;">Related articles by Zemanta</h6><ul class="zemanta-article-ul"><li class="zemanta-article-ul-li"><a href="http://r.zemanta.com/?u=http%3A//www10.nytimes.com/2010/09/25/business/25mortgage.html%3F_r%3D5&a=25166711&rid=521df0a6-e13d-82e8-ad16-ac46801ef5f4&e=8400976bd8e4a60aeb61182ae22c393c">You: GMAC's Errors Leave Foreclosures in Question</a> (nytimes.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.oregonlive.com/business/index.ssf/2010/09/jp_morgan_chase_halts_foreclos.html">JP Morgan Chase halts foreclosures; second large bank to do so</a> (oregonlive.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.reuters.com/article/idUSN2826457020100928">UPDATE 1-Ohio asks courts to review GMAC foreclosures</a> (reuters.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.propublica.org/blog/item/gmacs-robo-signers-draw-concerns-about-faulty-process-mistaken-foreclosures">GMAC's 'Robo-Signers' Draw Concerns About Faulty Process, Mistaken Foreclosures</a> (propublica.org)</li>
<li class="zemanta-article-ul-li"><a href="http://calitics.com/diary/12585/jerry-brown-demands-halt-to-allygmac-foreclosures">"Jerry Brown Demands Halt to Ally/GMAC Foreclosures" and related posts</a> (calitics.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.reuters.com/article/idUSTRE68S5KY20100929">Analysis: Foreclosure "mess" unfolds state by state</a> (reuters.com)</li>
<li class="zemanta-article-ul-li"><a href="http://crooksandliars.com/susie-madrak/forged-documents-fake-titles-florida-">Forged Documents, Fake Titles: Is The Florida Mortgage Mess Only The Tip of The Iceberg?</a> (crooksandliars.com)</li>
<li class="zemanta-article-ul-li"><a href="http://r.zemanta.com/?u=http%3A//www.businessweek.com/news/2010-09-21/ally-says-gmac-mortgage-mishandled-affidavits-on-foreclosures.html&a=24986154&rid=521df0a6-e13d-82e8-ad16-ac46801ef5f4&e=5b34a0fcd9c2c5f74e437de3074fe73e">'Defect' Throws Foreclosures Into Question</a> (businessweek.com)</li>
<li class="zemanta-article-ul-li"><a href="http://r.zemanta.com/?u=http%3A//www.businessweek.com/news/2010-09-28/banks-foreclose-first-ask-questions-later-if-ever-ann-woolner.html&a=25477866&rid=521df0a6-e13d-82e8-ad16-ac46801ef5f4&e=081fa1e3d216ed52f8bf1d816d8260a6">Banks Foreclose First, Ask Questions Later</a> (businessweek.com)</li>
</ul></div><div class="zemanta-pixie" style="height: 15px; margin-top: 10px;"><a class="zemanta-pixie-a" href="http://www.zemanta.com/" title="Enhanced by Zemanta"><img alt="Enhanced by Zemanta" class="zemanta-pixie-img" src="http://img.zemanta.com/zemified_e.png?x-id=521df0a6-e13d-82e8-ad16-ac46801ef5f4" style="border: medium none; float: right;" /></a><span class="zem-script more-related pretty-attribution"><script defer="defer" src="http://static.zemanta.com/readside/loader.js" type="text/javascript">
</script></span></div>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com7tag:blogger.com,1999:blog-173940490303025576.post-7015262655645421002010-09-21T15:44:00.000-04:002010-09-21T15:44:01.466-04:00<b>Ally Bank (formerly GMAC Bank) Acknowledges Fake Affidavits</b><br />
<span style="background-color: white; font-size: x-small;"><b>An Editorial Comment by Larry Rubinoff</b></span><br style="background-color: white;" /><span style="background-color: white; color: blue;">While our government is trying to convince us that the Recession is over (?!) bank fraud is still gong on. Remember, it was bank fraud that caused this crisis and the Greatest Recession since the Great Depression. It took 10 years to recover from the Great Depression and our government, including our President in his Town Hall meeting yesterday, is trying to tell us that it took just a little over a year to end this Great Recession. They claim it ended in June, 2009.</span><br style="background-color: white; color: blue;" /><br style="background-color: white; color: blue;" /><span style="background-color: white; color: blue;">To this I say "poppycock" (sorry Prince Poppycock of AGT fame). A million more people have gone into the poverty ranks since last year. The number of us living in poverty is over 43 million. RECESSION NOT OVER FOR THOSE 43 MILLION.</span><br style="background-color: white; color: blue;" /><br style="background-color: white; color: blue;" /><span style="background-color: white; color: blue;">Foreclosures still in the tens of thousands. Last month over 95,000 homes foreclosured on. RECESSION NOT OVER FOR THESE PEOPLE.</span><br style="background-color: white; color: blue;" /><br style="background-color: white; color: blue;" /><span style="background-color: white; color: blue;">Unemployment official figures still over 9% with actual figures including unemployed off the unemployement rolls and the under employed totaling over 18%. RECESSION NOT OVER FOR THESE PEOPLE.</span><br style="background-color: white; color: blue;" /><br style="background-color: white; color: blue;" /><span style="background-color: white; color: blue;">There are many more facts and stats to support the fact that the Recession is not over. Similarly, there are many more facts and stats that the banks have been and are still committing FRAUD. Ally Bank is just one of them. They are all doing the same.</span><br style="background-color: white; color: blue;" /><br style="background-color: white; color: blue;" /><span style="background-color: white; color: blue;">Law firms representing these banks and their service subsidiaries (non banks) are also committing fraud with plenty of evidence to support that, yet their frauds continue and the courts allow them.</span><br style="background-color: white; color: blue;" /><br style="background-color: white; color: blue;" /><span style="background-color: white; color: blue;">The banks rule, the people are servants to them. Our government is a sham controlled by the banks. Wake Up America.</span><br />
<div align="center"><big><b>###</b></big></div>In a surprising move, Ally Bank says its mortgage division, GMAC Mortgage, "Mishandled Affidavits on Foreclosures" and as a result have halted proceedings in 23 states.<br />
<br />
A GMAC employee testified in a deposition that he and a number of others in his department signed Affidavits attesting to the accuracy of the loan information as well as swearing that they had first hand knowledge of the facts. The employee said they had signed as many as 10,000 of these a month.<br />
<br />
Falsley signed Affidavits have recently become another defense in the fight against foreclosures. It comes on the heals of other "illegal" actions by the so called banks and their foreclosure mill attorneys such as forged documents, fabricated documents such as assignments and more in an attempt to illegally prove that the Plaintiff's have proper standing to file these actions as they do actually own these mortgages. FRAUD, FRAUD and MORE FRAUD, that the courts have been allowing all over this country and some - like in Florida - are now encouraging by hiring (another illegal action, I maintain) retired judges who will handle nothing but foreclosure cases under the mandate of 'CLEARING" THE DOCKETS. <br />
<br />
The courts have been hijacked by the banks as they have hijacked our entire financial system and country. The banks own us, own the government and now own the courts. They can do what ever they want with absolutely no consequence. <br />
<br />
WE MUST CONTINUE TO STAND UP AGAINST THEM (THE BANKS), STAND UP FOR OUR RIGHTS IN COURT (APPEAL EACH CASE), GET THE LEGAL PROFESSION TO STAND UP FOR JUSTICE FOR ALL (NOT JUST THE BANKS) AND BRING BACK DUE PROCESS OF LAW WHICH EACH AND EVERYONE OF US HAS BEEN GUARANTEED BY THE CONSTITUTION.<br />
(please forgive my yelling above but I am mad as hell).<br />
<br />
Read the full Ally article in Bloomberg...<a href="http://www.bloomberg.com/news/2010-09-21/ally-financial-says-gmac-mortgage-mishandled-affidavits-on-foreclosures.html">click here</a><br />
<br />
Here is as similar article published in the New York Times:<br />
<a href="http://www.nytimes.com/2010/09/21/business/21mortgage.html?_r=1&emc=tnt&tntemail1=y"><big><b>GMAC Halts Foreclosures in 23 States for Review</b></big></a><br />
by David Steitfeld<br />
<br />
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</script> <nyt_correction_top> </nyt_correction_top> <br />
<a class="meta-org" href="http://topics.nytimes.com/top/news/business/companies/gmac-llc/index.html?inline=nyt-org" title="More articles about GMAC LLC.">GMAC</a> <a class="meta-classifier" href="http://topics.nytimes.com/your-money/loans/mortgages/index.html?inline=nyt-classifier" title="More articles about mortgages.">Mortgage</a>, one of the country’s largest and most troubled home lenders, said on Monday that it was imposing a moratorium on many of its foreclosures as it tried to ensure they were done correctly.<br />
<br />
The lender, which specialized in subprime <a class="meta-classifier" href="http://topics.nytimes.com/your-money/loans/index.html?inline=nyt-classifier" title="More articles about loans.">loans</a> during the boom, when it was owned by <a class="meta-org" href="http://topics.nytimes.com/top/news/business/companies/general_motors_corporation/index.html?inline=nyt-org" title="More articles about General Motors.">General Motors</a>, declined in an e-mail to secify how many loans would be affected or the “potential issue” it had identified with them.<br />
<br />
<br />
GMAC said the suspension might be a few weeks or might last until the end of the year. <br />
States where the moratorium is being carried out include New York, Connecticut, New Jersey, Illinois, Florida and 18 others, mostly on the East Coast and in the Midwest. All of the affected states are so-called judicial foreclosure states, where courts control the interactions of defaulting homeowners and their lenders.<br />
<br />
Since the real estate collapse began, lawyers for homeowners have sparred with lenders in those states. The lawyers say that in many cases, the lenders are not in possession of the original promissory note, which is necessary for a foreclosure.<br />
<br />
<br />
GMAC, which has been the recipient of billions of dollars of government aid, declined to provide any details or answer questions, but its actions suggest that it is concerned about potential liability in evicting families and selling houses to which it does not have clear title.<br />
<br />
The lender said it was also reviewing completed foreclosures where the same unnamed procedure might have been used.<br />
<br />
<br />
Matthew Weidner, a real estate lawyer in St. Petersburg, Fla., said he interpreted the lender’s actions as saying, “We have real liability here.”<br />
<br />
Mr. Weidner said he recently received notices from the opposing counsel in two GMAC foreclosure cases that it was withdrawing an affidavit. In both cases, the document was signed by a GMAC executive who said in a deposition last year that he had routinely signed thousands of affidavits without verifying the mortgage holder.<br />
<br />
<br />
“The Florida rules of civil procedure are explicit,” Mr. Weidner said. “If you enter an affidavit, it must be based on personal knowledge.”<br />
<br />
The law firm seeking to withdraw the affidavits is Florida Default Law Group, which is based in Tampa. Ronald R. Wolfe, a vice president at the firm, did not return calls. The firm is under investigation by the State of Florida, according to the attorney general’s Web site.<br />
<br />
Real estate agents who work with GMAC to sell foreclosed properties were told to halt their activities late last week. The moratorium was first reported by Bloomberg News on Monday. Bloomberg said it had obtained a company memorandum dated Friday in which GMAC Mortgage instructed brokers to immediately stop evictions, cash-for-key transactions and sales. <br />
Nerissa Spannos, a Fort Lauderdale agent, said GMAC represents about half of her business — 15 houses at the moment in various stages of foreclosure.<br />
<br />
“It’s all coming to a halt,” she said. “I have so many nice listings and now I can’t sell them.” <br />
The lender’s action, she said, was unprecedented in her experience. “Every once in a while you get a message saying, ‘Take this house off the market. We have to re-foreclose.’ But this is so much bigger,” she said.<br />
<br />
See Original Article...<a href="http://www.nytimes.com/2010/09/21/business/21mortgage.html?_r=1&emc=tnt&tntemail1=y">click here</a> This may require a free subscription to the NYT's.<br />
<div class="zemanta-pixie" style="height: 15px; margin-top: 10px;"><a class="zemanta-pixie-a" href="http://www.zemanta.com/" title="Enhanced by Zemanta"><img alt="Enhanced by Zemanta" class="zemanta-pixie-img" src="http://img.zemanta.com/zemified_e.png?x-id=5257edb5-4205-8c04-896a-fb022f941c20" style="border: medium none; float: right;" /></a><span class="zem-script more-related pretty-attribution"><script defer="defer" src="http://static.zemanta.com/readside/loader.js" type="text/javascript">
</script></span></div>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com6tag:blogger.com,1999:blog-173940490303025576.post-30638110632694205002010-09-17T16:00:00.000-04:002010-09-17T16:00:01.534-04:00Barack Obama: End The Fed, A Revisit by Ron Paul on Dylan Ratigan's Show<h2 class="title"> <span style="font-size: small;"><a class="journal-entry-navigation-current" href="http://dailybail.com/home/ron-paul-the-fed-works-in-collusion-with-goldman-sachs-msnbc.html">Ron Paul: The Fed Works In Collusion With Goldman Sachs (MSNBC Ratigan Video)</a> </span> </h2><br />
Yes, this is an old braodcast of Dylan Ratigan on MSNBC but with the economy worsening, the poverty rate counting over 43 million people, the foreclosure rate the highest last month since the mortgage crisis began <b>(over 95,000 homes in August)</b> and the jobless situation not getting any better, I thought it appropriate to re post this broadcast. <br />
<br />
<br />
<br />
The Fed "is our enemy". The Fed is the "they" everyone always refers to. The Fed is in control of our daily lives and existence. WE MUST END THE FED and support Ron Paul in his efforts to do so.<br />
<br />
Watch and listen carefully.<br />
<br />
<object height="385" width="500"><param name="movie" value="http://www.youtube.com/v/IFQxEx3NwnQ&rel=0&color1=0x2b405b&color2=0x6b8ab6&hl=en_US&feature=player_embedded&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowScriptAccess" value="always"></param><embed src="http://www.youtube.com/v/IFQxEx3NwnQ&rel=0&color1=0x2b405b&color2=0x6b8ab6&hl=en_US&feature=player_embedded&fs=1" type="application/x-shockwave-flash" allowfullscreen="true" allowScriptAccess="always" width="500" height="385"></embed></object>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com4tag:blogger.com,1999:blog-173940490303025576.post-79672518112313604312010-09-17T13:06:00.001-04:002010-09-17T13:14:38.423-04:00Barack Obama: Listen To What George Carlin Had To Say<div xmlns="http://www.w3.org/1999/xhtml"><span class="zemanta-img separator zemanta-action-dragged"><a href="http://en.wikipedia.org/wiki/File:Last_Words_by_George_Carlin.jpg" style="clear: left; display: block; float: left; margin-left: 1em; margin-right: 1em;"><img alt="Last Words (book)" height="240" src="http://upload.wikimedia.org/wikipedia/en/a/aa/Last_Words_by_George_Carlin.jpg" style="border: medium none; font-size: 0.8em;" width="240" /></a><span style="font-size: xx-small;"><span class="zemanta-img-attribution" style="clear: left; float: left; margin-left: 1em; margin-right: 1em; width: 240px;">Image via <a href="http://en.wikipedia.org/wiki/File:Last_Words_by_George_Carlin.jpg">Wikipedia</a></span></span></span>Yes, George Carlin,I always considered one of the greatest comedians ever became more and more politically outspoken as he grew older. He made statements and observations that were right on target and had he lived longer he would have seen he was right.<br />
<br />
This clip was published by <a href="http://dailybail.com/home/george-carlin-video-the-truth-about-wall-street-and-washingt.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheDailyBail+%28The+Daily+Bail%29">The Daily Bail</a> and I wish to thank them for making us aware of it. They also give us 4 more of Carlin's videos to view - all of whihc also make sense. To view <a href="http://dailybail.com/home/george-carlin-video-the-truth-about-wall-street-and-washingt.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheDailyBail+%28The+Daily+Bail%29">The Daily Gail</a>...<a href="http://dailybail.com/home/george-carlin-video-the-truth-about-wall-street-and-washingt.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheDailyBail+%28The+Daily+Bail%29">click here</a>.<br />
<a href="http://dailybail.com/home/george-carlin-video-the-truth-about-wall-street-and-washingt.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheDailyBail+%28The+Daily+Bail%29">The Daily Bail</a> call this a MUST SEE video and I fully agree with them.<br />
<blockquote><blockquote><h2 class="title"><span style="font-size: small;"><a class="journal-entry-navigation-current" href="http://dailybail.com/home/george-carlin-video-the-truth-about-wall-street-and-washingt.html"> The Truth About Wall Street And Washington (MUST SEE)</a> <a class="journal-entry-navigation-next" href="http://dailybail.com/home/national-debt-to-rise-to-20-trillion-by-2015-links.html">»</a></span></h2></blockquote></blockquote><b>WARNING:</b> This video contains profanity and viewers should be warned that the content may not be suitable for minors.<br />
<br />
<div style="text-align: center;"><b>Now, George Carlin's "The American Dream".</b></div><object height="385" width="500"><param name="movie" value="http://www.youtube.com/v/acLW1vFO-2Q&rel=0&color1=0x402061&color2=0x9461ca&hl=en_US&feature=player_embedded&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowScriptAccess" value="always"></param><embed src="http://www.youtube.com/v/acLW1vFO-2Q&rel=0&color1=0x402061&color2=0x9461ca&hl=en_US&feature=player_embedded&fs=1" type="application/x-shockwave-flash" allowfullscreen="true" allowScriptAccess="always" width="500" height="385"></embed></object></div><div class="zemanta-related"><h6 class="zemanta-related-title" style="font-size: 1em; margin: 1em 0pt 0pt;">Related articles by Zemanta</h6><ul class="zemanta-article-ul"><li class="zemanta-article-ul-li"><a href="http://www.americablog.com/2010/08/george-carlin-they-want-your-social.html">George Carlin: 'They want your Social Security money, and they'll get it'</a> (americablog.com)</li>
<li class="zemanta-article-ul-li"><a href="http://gawker.com/tag/clips/?i=396796&t=7-moments-of-george-carlin-greatness">7 Moments of George Carlin Greatness [Clips]</a> (gawker.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.daddyhogwash.com/2010/07/george-carlins-final-words-to-the-world-added-to-the-required-viewing-section-of-daddyhogwash-com/">George Carlin's 'Final Words to the World' added to the Required Viewing section of DaddyHogwash.com</a> (daddyhogwash.com)</li>
<li class="zemanta-article-ul-li"><a href="http://gawker.com/tag/george-carlin/?i=5019035&t=george-carlins-last-interview">George Carlin's Last Interview [In Memoriam]</a> (gawker.com)</li>
</ul></div><div class="zemanta-pixie" style="height: 15px; margin-top: 10px;"><a class="zemanta-pixie-a" href="http://www.zemanta.com/" title="Enhanced by Zemanta"><img alt="Enhanced by Zemanta" class="zemanta-pixie-img" src="http://img.zemanta.com/zemified_e.png?x-id=22e790c2-9348-8c2b-9c95-1b95297c9346" style="border: medium none; float: right;" /></a><span class="zem-script more-related pretty-attribution"><script defer="defer" src="http://static.zemanta.com/readside/loader.js" type="text/javascript">
</script></span></div>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com0tag:blogger.com,1999:blog-173940490303025576.post-39538958286680097972010-09-16T20:53:00.001-04:002010-09-16T20:54:10.725-04:00Barack Obama Listen To The People: The Congressional Reform Act of 2010A reader left this comment on the previous post, "The Fed Corner". It makes sense to me. Serving in Congress SHOULD NOT BE A CAREER. It was never meant to be. People served because they wanted to "serve" their country just as our military does. Our enlisted men and women serve, not for the money but for the honor of serving their nation. If anyone should get the pay and perks that Congressmen and women do it should be our enlisted men and women who volunteer to be ORDERED into battle and put their lives on the line.<br />
<br />
But our ruling class sees things different and with their financiers in big business continue to aid the destruction o four country.<br />
<br />
Here is the commment I felt worthy of posting: It was left by an anonymous reader.<br />
<blockquote>I am sending this to virtually everybody on my e-mail list and that includes conservatives, liberals, and everybody in between. Even though we disagree on a number of issues, I count all of you as friends.. My friend and neighbor wants to promote a "Congressional Reform Act of 2010". It would contain eight provisions, all of which would probably be strongly endorsed by those who drafted the Constitution and the Bill of Rights.<br />
<br />
I know many of you will say, "this is impossible". Let me remind you,<br />
Congress has the lowest approval of any entity in Government, now is<br />
the time when Americans will join together to reform Congress — the<br />
entity that represents us.</blockquote><blockquote>We need to get a Senator to introduce this bill in the US Senate and a<br />
Representative to introduce a similar bill in the US House. These<br />
people will become American heroes.<br />
<br />
Thanks,<br />
<br />
A Fellow American<br />
<br />
If you agree with the message below, copy and paste this page into<br />
your email, then send it on to all in your address list.<br />
<br />
Congressional Reform Act of 2010<br />
<br />
Serving in Congress is an honor, not a career.<br />
The Founding Fathers envisioned citizen legislators, serve your<br />
term(s), then go home and back to work.<br />
<br />
1. Term Limits: 12 years only, one of the possible options below.<br />
A. Two six year Senate terms<br />
B. Six two year House terms<br />
C. One six year Senate term and three Two Year House terms<br />
<br />
2. No Tenure / No Pension:<br />
A congressman collects a salary while in office and receives no pay<br />
when they are out of office.<br />
<br />
3. Congress (past, present & future) participates in Social Security: All funds in the Congressional retirement fund moves to the Social Security system immediately. All future funds flow into the Social Security system, Congress participates with the American people.<br />
<br />
4. Congress can purchase their own retirement plan just as all Americans.<br />
<br />
5. Congress will no longer vote themselves a pay raise. Congressional<br />
pay will rise by the lower of CPI or 3%<br />
.<br />
6. Congress looses their current health care system and participates<br />
in the same health care system as the American people.<br />
<br />
7. Congress must equally abide in all laws they impose on the American people.<br />
<br />
8. All contracts with past and present congressmen are void effective 1/1/2011.<br />
The American people did not make this contract with congressmen,<br />
congressmen made all these contracts for themselves.<br />
<br />
Serving in Congress is an honor, not a career.<br />
<br />
The Founding Fathers envisioned citizen legislators, serve your<br />
term(s), then go home and back to work. </blockquote>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com0tag:blogger.com,1999:blog-173940490303025576.post-79990670926520810902010-09-16T17:42:00.002-04:002010-09-16T18:09:01.334-04:00The Fed Corner<div xmlns="http://www.w3.org/1999/xhtml"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg7xxp4R_qaIclibZHCfTMoxjgALRN5eQgDk-GnU5FFmMMDLHKu52_cY2WWRNgS895uh6FY-OYRnsQcnDwafav4r2eN60BT3O4FJs37MYg1ShquY_XpmClhllxMLsnm5sCRky3QQIUqw1Y/s1600/US-FederalReserveSystem-Seal.svg.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg7xxp4R_qaIclibZHCfTMoxjgALRN5eQgDk-GnU5FFmMMDLHKu52_cY2WWRNgS895uh6FY-OYRnsQcnDwafav4r2eN60BT3O4FJs37MYg1ShquY_XpmClhllxMLsnm5sCRky3QQIUqw1Y/s200/US-FederalReserveSystem-Seal.svg.png" width="200" /></a></div><span style="font-size: small;">Dylan Ratigan on MSNBC yesterday said "we are in an economic revolution" and I think he hit the nail on the head. We, the people, the grass roots, are fighting for our existence. </span><br />
<span style="font-size: small;"><br />
</span><br />
<span style="font-size: small;">There are those that would have us all shoeless and homeless and are working towards that goal. Ratigan talked about the six major industries that rule this government and I believe the leader of them all is the financial industry headed up by none other then The Federal Reserve.</span><br />
<span style="font-size: small;"><br />
</span><br />
<span style="font-size: small;">We are living in dangerous times. While terrorism is a very real threat, I believe that the financial terrorism coming from inside our very own country - by our very own people - will casue the destruction of this nation as we all have known it. In fact, this country today looks nothing like it did a decade ago. No more prosperity, no more opportunity - no more ot the "good" life we all came to expect if we worked hard and saved.</span><br />
<span style="font-size: small;"><br />
</span><br />
<span style="font-size: small;">At the root of all this evil doing is The Federal Reserve, a privately held - secretly owned and operated in a very secretive manner by a handful of men/women whose names and origins we know not.</span><br />
<span style="font-size: small;"><br />
</span><br />
<span style="font-size: small;">Yes, the people are beginning to revolt. The Tea Party'ers are showing this revolt as they convince people to vote against "the establishment". But beware, The Tea Party may not be what you think it is. They are fractured and being hijacked. Some of it now is good and some, I believe is scary. They may well become another faction we must fight in this economic revolution. </span><br />
<br />
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh9A9C2KAvqT-bMMyGnvW9CvqXSR6BN1HtppBZQwm1Y5c50voIXQh2qJXn-zOW1bPz5wFnv7qUDrbFBRzDb1QDSh7s9i878YKrjpFFqJ61lbtX4EGue9t18-QDoEK8EJlHRmUZD-eaCSV4/s1600/Suburban-Homeless-hmed-3p.hmedium.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh9A9C2KAvqT-bMMyGnvW9CvqXSR6BN1HtppBZQwm1Y5c50voIXQh2qJXn-zOW1bPz5wFnv7qUDrbFBRzDb1QDSh7s9i878YKrjpFFqJ61lbtX4EGue9t18-QDoEK8EJlHRmUZD-eaCSV4/s320/Suburban-Homeless-hmed-3p.hmedium.jpg" width="320" /></a><span style="font-size: small;">However, the fight must start with the ending of The Federal Reserve and their total power over this nation. Central Banking is a cartell worldwide and we must rid ourselves of the one existing here. They are no better - maybe even worse then the drug cartels we have been fighting for decades. The drug cartels, however, do add money to our economy - illegal as it may be. But The Fed strips our economy of money - illegal as that may be. </span><br />
<span style="font-size: small;"><br />
</span><br />
<span style="font-size: small;">BEWARE THE FED!</span><br />
<br />
<b><span style="font-size: small;"><a href="http://www.xdela.com/2010/09/14/is-federal-reserve-a-privately-owned-entity-if-so-why-its-the-only-regulating-authority/">Is Federal Reserve a privately owned entity & if so Why its the only regulating authority?</a></span> </b> <span style="font-size: x-small;">See comments and answers...<a href="http://www.xdela.com/2010/09/14/is-federal-reserve-a-privately-owned-entity-if-so-why-its-the-only-regulating-authority/">click here</a></span><br />
<small><br />
</small><a href="http://www.phonienews.com/16892/the-federal-reserve/"></a><a href="http://www.goupstate.com/article/20100914/ARTICLES/9141005/1001/sports02?Title=Federal-Reserve-8217-s-attempts-to-hide-bank-bailout-details-must-fail&tc=ar"><small><small><small></small></small></small></a><a href="http://www.goupstate.com/article/20100914/ARTICLES/9141005/1001/sports02?Title=Federal-Reserve-8217-s-attempts-to-hide-bank-bailout-details-must-fail&tc=ar"><b>Federal Reserve's attempts t hide bank bailout details must fail</b></a><br />
Secrets, not truth, endanger<small><small><b><small><small><a href="http://www.goupstate.com/article/20100914/ARTICLES/9141005/1001/sports02?Title=Federal-Reserve-8217-s-attempts-to-hide-bank-bailout-details-must-fail&tc=ar"><br />
</a></small></small></b><small><a href="http://www.goupstate.com/article/20100914/ARTICLES/9141005/1001/sports02?Title=Federal-Reserve-8217-s-attempts-to-hide-bank-bailout-details-must-fail&tc=ar"><big><big><big>from GoUpstate.com</big></big></big></a></small></small></small><br />
<blockquote>Governments can always be counted on to make the same tired arguments when trying to keep the people’s business secret from the people. Those trying to get information on governmental doings are told it’s none of their business. They’re told they wouldn’t understand the details. They’re told the parties involved have a right to privacy. They’re told they are being kept in the dark for their own good.<br />
Read More...<a href="http://www.goupstate.com/article/20100914/ARTICLES/9141005/1001/sports02?Title=Federal-Reserve-8217-s-attempts-to-hide-bank-bailout-details-must-fail&tc=ar">click here</a></blockquote><span style="font-size: small;"><b style="color: black;"><a href="http://www.phonienews.com/16892/the-federal-reserve/">The Federal Reserve</a></b></span><br />
<small> from Financial News<br />
</small><br />
<blockquote><b>Introduction:</b><br />
The Federal Reserve or the fed is the institution within the United States that plays the role of a central bank in many other states across the globe.<br />
The Federal Reserve was formed by an act of congress in 1913. Its main objective was to provide the nation with a more secure, flexible, and more stable monetary and financial system. The Federal Reserve is not only restricted to formulating the monetary and financial policy but also is also involved with the general formulation of policies within the government sector. This is usually so, so that the government ministries do not implement policies that may override the projections set forth by the Federal Reserve. Over the years, the fed has seen the economy through the great depression, the two world wars as well as guiding the economy to become the largest economy in the world.<br />
Read More...<a href="http://www.phonienews.com/16892/the-federal-reserve/">click here</a></blockquote><h2 style="color: red; font-family: Arial,Helvetica,sans-serif;"><span style="font-size: small;"><a href="http://articlewrap.com/cody-willard-rips-the-federal-reserve-on-fox-business.html" rel="bookmark" title="Cody Willard Rips the Federal Reserve on Fox
Business">Cody Willard Rips the Federal Reserve on Fox Business</a></span></h2></div><div xmlns="http://www.w3.org/1999/xhtml"><object height="385" width="500"><param name="movie" value="http://www.youtube.com/v/v-t2IHg1Fl8&color1=0xb1b1b1&color2=0xd0d0d0&hl=en_US&feature=player_embedded&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowScriptAccess" value="always"></param><embed src="http://www.youtube.com/v/v-t2IHg1Fl8&color1=0xb1b1b1&color2=0xd0d0d0&hl=en_US&feature=player_embedded&fs=1" type="application/x-shockwave-flash" allowfullscreen="true" allowScriptAccess="always" width="500" height="385"></embed></object></div><div class="zemanta-pixie" style="height: 15px; margin-top: 10px;"><a class="zemanta-pixie-a" href="http://www.zemanta.com/" title="Enhanced by Zemanta"><img alt="Enhanced by Zemanta" class="zemanta-pixie-img" src="http://img.zemanta.com/zemified_e.png?x-id=9a10f679-2956-88ad-9836-308448c0fc72" style="border: medium none; float: right;" /></a><span class="zem-script more-related pretty-attribution"><script defer="defer" src="http://static.zemanta.com/readside/loader.js" type="text/javascript">
</script></span></div>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com1tag:blogger.com,1999:blog-173940490303025576.post-26634530465150584662010-09-11T13:29:00.000-04:002010-09-11T13:29:50.662-04:00In Remembrance of 9/11<div style="text-align: center;"><span style="background-color: #f3f3f3; color: blue; font-size: large;"><b>In Remembrance of 9/11</b></span></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjziYszlP9tNO1v1bmD5gskEaRnY69QuLCCCQiDeYZ76yNv6EfbPCK88SV1_aklQXSgGoRkL8H6pZhJnJ5eRikJUvcdQv5lNWcJUairy9txMHHRzu8rayVPEwdIz5apRsZ8nEagHTrBvIzl/s1600/American+Flag+in+wind.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjziYszlP9tNO1v1bmD5gskEaRnY69QuLCCCQiDeYZ76yNv6EfbPCK88SV1_aklQXSgGoRkL8H6pZhJnJ5eRikJUvcdQv5lNWcJUairy9txMHHRzu8rayVPEwdIz5apRsZ8nEagHTrBvIzl/s320/American+Flag+in+wind.JPG" width="320" /></a></div><div style="text-align: center;"><span style="background-color: #f3f3f3; color: blue; font-size: large;"><b> To All Those Who Gave Their Lives</b></span></div>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com1tag:blogger.com,1999:blog-173940490303025576.post-79520287733504811442010-09-06T22:40:00.000-04:002010-09-06T22:40:58.393-04:00Barack Obama, Where Is Our Constitutional Right To Due ProcessFor those of us old enough to remember the old Soviet Union (USSR), where the people had few if any rights might see some similarities.<br />
<br />
Little by little our constitutional rights have been taken from us and what is taken is NEVER returned. It all began with the so called Patriot Act. A removal of many of our rights in the name of national security. Now this Act has bled over to other areas of our Constitution.<br />
<br />
The following story by <a class="meta-per" href="http://topics.nytimes.com/top/reference/timestopics/people/m/gretchen_morgenson/index.html?inline=nyt-per" title="More Articles by Gretchen Morgenson">GRETCHEN MORGENSON</a> and <a class="meta-per" href="http://topics.nytimes.com/top/reference/timestopics/people/f/geraldine_fabrikant/index.html?inline=nyt-per" title="More Articles by Geraldine Fabrikant">GERALDINE FABRIKANT</a><nyt_byline></nyt_byline> - published: September 4, 2010. in the New York Times - <a href="http://www.nytimes.com/2010/09/05/business/05house.html?_r=1&partner=rssnyt&emc=rss&pagewanted=all">Florida's High-Speed Answer to a Foreclosure Mess</a> tells a much bigger story then the one reported.<br />
<br />
The real story is about the total disregard for Due Process of the Law, a basic Constitutional right we used to all enjoy here in the United States. These types of actions along with the actions taken under the guise of the Patriot Act bring us ever closer to that once hated, demonic system of the old USSR. In fact, our civil, constitutional and basic rights once enjoyed here can earn us the new name of the United States of the Socialist Republic (USSR).<br />
<br />
As millions of us remain jobless and more millions face losing their homes to "illegal" foreclosure actions there seems to be no support from anyone in our government - Federal, State or Local. What is happening?<br />
<br />
We have seen attorneys all over the country attempting to fight the illegality of what is happening in our court rooms around the country, yet no one seems to want to tackle the problem head on. I believe this will ultimately be a case heard in the Supreme Court of the United States but I truly doubt they would rule in favor of "the people".<br />
<br />
The hiring of retired judges to "clear dockets" is just not right. If that is their mandate then where is the law? Does the law even matter anymore and if not then anyone facing any court action, be it civil or criminal, has no chance even if innocence is supported by the facts.<br />
<br />
Read the NYT's article...<a href="http://www.nytimes.com/2010/09/05/business/05house.html?_r=1&partner=rssnyt&emc=rss&pagewanted=all">click here.</a> - <br />
Then read the post in an attorney's blog, <a href="http://4closurefraud.org/2010/09/04/ny-times-picks-up-on-the-crisis-in-our-fl-courts-high-speed-courts-try-to-rush-through-foreclosures/">4closureFraud</a> - <a href="http://4closurefraud.org/2010/09/04/ny-times-picks-up-on-the-crisis-in-our-fl-courts-high-speed-courts-try-to-rush-through-foreclosures/">NY Times Picks Up on The Crisis in OUR FL Courts – High-Speed Courts Try to Rush Through Foreclosures.</a><br />
<br />
It is bad enough that our government participated in creating this mess, rewarded the banks for doing so and now take more "illegal" actions to continue the ravage of the average American.<br />
<br />
My hat's off to all of the attorney's and the handful of judges around the country who have been willing to stand up for JUSTICE and The American Way but I fear that the handful of them are just not enough. What we need is a large grass roots effort by "The People" united as we must be to take back our rights and our country. We need to put the "us" back in the U.S. and fight the demons who will have us be the USSR.<br />
<br />
We need to unite as Citizens For The Restoration of Our Rights, send letters with thousands - if not millions - of signatures to our President, Congressmen, US Attorney General, the Attorneys General of all 50 states and to the media to begin this "financial civil war" to restore the real Republic For Which We Stand.<br />
<br />
For those of us old enough to remember the old Soviet Union (USSR), where the people had few if any rights might see some similarities.<br />
<br />
Little by little our constitutional rights have been taken from us and what is taken is NEVER returned. It all began with the so called Patriot Act. A removal of many of our rights in the name of national security. Now this Act has bled over to other areas of our Constitution.<br />
<br />
The following story by <a class="meta-per" href="http://topics.nytimes.com/top/reference/timestopics/people/m/gretchen_morgenson/index.html?inline=nyt-per" title="More Articles by Gretchen Morgenson">GRETCHEN MORGENSON</a> and <a class="meta-per" href="http://topics.nytimes.com/top/reference/timestopics/people/f/geraldine_fabrikant/index.html?inline=nyt-per" title="More Articles by Geraldine Fabrikant">GERALDINE FABRIKANT</a><nyt_byline></nyt_byline> - published: September 4, 2010. in the New York Times - <a href="http://www.nytimes.com/2010/09/05/business/05house.html?_r=1&partner=rssnyt&emc=rss&pagewanted=all">Florida's High-Speed Answer to a Foreclosure Mess</a> tells a much bigger story then the one reported.<br />
<br />
The real story is about the total disregard for Due Process of the Law, a basic Constitutional right we used to all enjoy here in the United States. These types of actions along with the actions taken under the guise of the Patriot Act bring us ever closer to that once hated, demonic system of the old USSR. In fact, our civil, constitutional and basic rights once enjoyed here can earn us the new name of the United States of the Socialist Republic (USSR).<br />
<br />
As millions of us remain jobless and more millions face losing their homes to "illegal" foreclosure actions there seems to be no support from anyone in our government - Federal, State or Local. What is happening?<br />
<br />
We have seen attorneys all over the country attempting to fight the illegality of what is happening in our court rooms around the country, yet no one seems to want to tackle the problem head on. I believe this will ultimately be a case heard in the Supreme Court of the United States but I truly doubt they would rule in favor of "the people".<br />
<br />
The hiring of retired judges to "clear dockets" is just not right. If that is their mandate then where is the law? Does the law even matter anymore and if not then anyone facing any court action, be it civil or criminal, has no chance even if innocence is supported by the facts.<br />
<br />
Read the NYT's article...<a href="http://www.nytimes.com/2010/09/05/business/05house.html?_r=1&partner=rssnyt&emc=rss&pagewanted=all">click here.</a> - <br />
Then read the post in an attorney's blog, <a href="http://4closurefraud.org/2010/09/04/ny-times-picks-up-on-the-crisis-in-our-fl-courts-high-speed-courts-try-to-rush-through-foreclosures/">4closureFraud</a> - <a href="http://4closurefraud.org/2010/09/04/ny-times-picks-up-on-the-crisis-in-our-fl-courts-high-speed-courts-try-to-rush-through-foreclosures/">NY Times Picks Up on The Crisis in OUR FL Courts – High-Speed Courts Try to Rush Through Foreclosures.</a><br />
<br />
It is bad enough that our government participated in creating this mess, rewarded the banks for doing so and now take more "illegal" actions to continue the ravage of the average American.<br />
<br />
My hat's off to all of the attorney's and the handful of judges around the country who have been willing to stand up for JUSTICE and The American Way but I fear that the handful of them are just not enough. What we need is a large grass roots effort by "The People" united as we must be to take back our rights and our country. We need to put the "us" back in the U.S. and fight the demons who will have us be the USSR.<br />
<br />
We need to unite as Citizens For The Restoration of Our Rights, send letters with thousands - if not millions - of signatures to our President, Congressmen, US Attorney General, the Attorneys General of all 50 states and to the media to begin this "financial civil war" to restore the real Republic For Which We Stand.<br />
<br />
Due process is our RIGHT not privilege. If this is allowed to happen in our civil courts for foreclosures then that sets precedence for all other actions in all other courts of this land. In other words, WE LOSE OUR FREEDOMS and the laws are meaningless unless they suit the needs of the establishment. Wall Street is fast becoming the Kremlin where the super rich are our new rulers.<br />
<br />
Please let me know how you feel on this issue by leaving a comment or sending me an email. You can email me at lrubinoff@TheForeclosureDetonator.org.<br />
<br />
<div class="zemanta-pixie" style="height: 15px; margin-top: 10px;"><a class="zemanta-pixie-a" href="http://www.zemanta.com/" title="Enhanced by Zemanta"><img alt="Enhanced by Zemanta" class="zemanta-pixie-img" src="http://img.zemanta.com/zemified_e.png?x-id=0386c5df-8eda-4da1-93bb-5c68a7bfde06" style="border: medium none; float: right;" /></a><span class="zem-script more-related pretty-attribution"><script defer="defer" src="http://static.zemanta.com/readside/loader.js" type="text/javascript">
</script></span></div>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com10tag:blogger.com,1999:blog-173940490303025576.post-56137488374629675912010-09-01T06:53:00.020-04:002010-09-01T06:53:00.752-04:00The Shocking Truth About America...A Third World Country<span class="zemanta-img separator" style="clear: right;"><a href="http://en.wikipedia.org/wiki/File:Inequality_and_mortality_in_metro_US.jpg" rel="nofollow" style="clear: right; display: block; float: right; margin-left: 1em; margin-right: 1em;"><img alt="Income inequality and mortality in 282 metropo..." height="262" src="http://upload.wikimedia.org/wikipedia/en/thumb/9/90/Inequality_and_mortality_in_metro_US.jpg/300px-Inequality_and_mortality_in_metro_US.jpg" style="border: medium none; font-size: 0.8em;" width="300" /></a><span class="zemanta-img-attribution" style="clear: both; float: right; margin-left: 1em; margin-right: 1em; width: 300px;">Image via <a href="http://en.wikipedia.org/wiki/File:Inequality_and_mortality_in_metro_US.jpg">Wikipedia</a></span></span><blockquote><ul><li class="first"><b>The top 10 percent of Americans now earn half of our national income, while the bottom 90% collectively own less than 2 percent of the nation's wealth. There is more income inequality in America than at any time since 1928, when this statistic was first kept.</b></li>
</ul></blockquote><blockquote><ul><li><b>61 percent of Americans "always or usually" live paycheck to paycheck, which is up from 49% in 2008 and 43 percent in 2007.<br />
</b> </li>
<li><b>Approximately 21 percent of all children in the United States are living below the poverty line, which is the highest rate in 20 years.<br />
</b> </li>
<li><b>Only the top 5 percent of U.S. households have earned enough additional income since 1975 to match the rise in housing costs.<br />
</b> </li>
<li class="last"><b>83 percent of all U.S. stocks are in the hands of just the top 1% of Americans. And the top 1 percent of U.S. households own nearly twice as much of America's corporate wealth as they did just 15 years ago.</b></li>
</ul></blockquote> Above from <a href="http://www.huffingtonpost.com/leo-hindery-jr">Leo Hindery, Jr.</a><br />
<div class="teaser_permalink">Chairman, U.S. Economy/Smart Globalization Initiative at the New America Foundation<br />
as published in <a href="http://www.huffingtonpost.com/leo-hindery-jr/third-world-america-ameri_b_700292.html?utm_source=DailyBrief&utm_campaign=083110&utm_medium=email&utm_content=BlogEntry">The Huffington Post</a>, <a href="http://www.huffingtonpost.com/leo-hindery-jr/third-world-america-ameri_b_700292.html" id="title_permalink" title="Permalink"><i>Third World America</i>: America's New Must-Read. <span style="font-size: x-small;">(Image from Wikipedia added by BO666)</span></a></div><div class="teaser_permalink"><br />
</div><br />
<div class="teaser_permalink"> In my previous post, I referred to our country as a two class society, "the haves" and "the have nots". Arianna Huffington in her new book <i>- Third World America</i> - makes a valid statement to support this as reported by Mr. Hindery, who also agrees with her assessment.</div><blockquote>Ms. Huffington has precisely described the current <b>sad state of the middle class</b>, with especially sharp perspective on what she calls the <b>economic "nightmare on Main Street." </b>And she offers particular insight into "America the dilapidated", her short-hand way of expressing her distress at the sorry state of the nation's infrastructure, which will require a staggering $3 trillion or so of capital expenditures to fix and upgrade.(emphasis added by BO666)</blockquote> Yes, when she calls this an "economic nightmare on Main Street" she hits the nail squarely on the head. For the past 3 years I have been calling this an "economic disaster" which seems to flourish with each failed attempt to correct it. The question then remains, are "they" really trying to correct it or further the benefits and holdings of the top 1% who, as stated above own:<br />
<blockquote>83 percent of all U.S. stocks are in the hands of just the top 1% of Americans. And the top 1 percent of U.S. households own nearly twice as much of America's corporate wealth as they did just 15 years ago. </blockquote>Even more shocking is the fact - again stated above - that 90% of Americans collectively <b>own only 2%</b> of the nations wealth. What's wrong with this picture?<br />
<br />
<br />
<br />
We, the collective 90% of Americans have been robbed, stripped of any wealth we once possessed and are kept in distress never again to rise as the vibrant middle class we once were.<br />
<br />
Does this remind anyone of any other regimes in other countries through out our most recent history? Does this sound like the old Soviet Union? Yes, in fact a visiting professor back in 1964 (a sitting U.S. Senator at the time) lectured our class on how close our country (then) was to the Soviet Union in terms of repression of people economically. That was shocking and alarming to me then but wait, look at us now. <br />
<br />
Unfortunately, many of our younger generations do not remember the old Soviet Union and the political and economic repression they created in much of Europe. In fact, today's Freshman College class (class of 2014) don't know anything of the Soviet Union. It did not exist in their lifetime. They know only that the Russians and Americans share space on the International Space station, work cooperatively on the space effort and see many wealthy Russians here in the U.S. as well as in Russia.<br />
<br />
<br />
These same kids never new of East and West German, the wall dividing East and West Berlin and how different the economic lifestyles of the split nation were.<br />
<br />
But one thing for sure. These same Freshmen will remember how their parents lives were thrown into turmoil. How many of their homes were foreclosed on. They will remember the stress and misery that existed in their once happy homes when one or both parents lost their jobs and struggled just to survive and feed their family. They will remember their once middle class lives deteriorated into seeking social services, receiving food stams, waiting in line at food banks and no longer enjoying the many things they once took for granted.<br />
<br />
They will certainly remember the difficulties in paying for their college educations as student loans are limited and parents savings wiped out. Some will make it and for those who try and can't, well, they may emerge as our best spokespersons and politicans as well as corporate executives. .<br />
<br />
<br />
The light at the end of the tunnel is that this current generation of politicians and corporate thieves will one day be replaced by these youngsters as they struggle to get through college and graduate. These kids are our future and our last hope as our current group of crimeoliticians continue to ravage and destroy our country. <br />
<br />
Arianna Huffington is right This is a Third World Country and few have the guts to announce it publicly as she is doing through her book and as Leo Hindery, Jr. is doing through his article.<br />
<br />
We must rid ourselves of the same old revolving door in Washington. We must remove the likes of people like Greenspan, Bernanke, Geithner, Paulson, Cheney, Rumsfeld, Bush and yes, even Obama who promised change and that is what we are getting "pocket change". <br />
<br />
<br />
Read all of Hindery's article...<a href="http://www.huffingtonpost.com/leo-hindery-jr/third-world-america-ameri_b_700292.html?utm_source=DailyBrief&utm_campaign=083110&utm_medium=email&utm_content=BlogEntry">click here </a><br />
<br />
<div class="zemanta-related"><h6 class="zemanta-related-title" style="font-size: 1em; margin: 1em 0pt 0pt;">Related articles by Zemanta</h6><ul class="zemanta-article-ul"><li class="zemanta-article-ul-li"><a href="http://www.huffingtonpost.com/2010/08/27/next-steps-six-things-you_n_697240.html" rel="nofollow">Next Steps: Six Things You Can Do Right Now To Help Prevent Third World America</a> (huffingtonpost.com)</li>
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<li class="zemanta-article-ul-li"><a href="http://blog.beliefnet.com/jesuscreed/2010/07/goodbye-middle-class.html" rel="nofollow">Goodbye Middle Class</a> (beliefnet.com)</li>
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<li class="zemanta-article-ul-li"><a href="http://www.americablog.com/2010/07/stats-show-shrinking-middle-class.html" rel="nofollow">Stats show shrinking middle class</a> (americablog.com)</li>
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<li class="zemanta-article-ul-li"><a href="http://www.huffingtonpost.com/2010/08/12/global-youth-unemployment-record-high_n_680922.html" rel="nofollow">Global Youth Unemployment Hits Record High</a> (huffingtonpost.com)</li>
<li class="zemanta-article-ul-li"><a href="http://www.huffingtonpost.com/saul-friedman/consequences-of-unequal-d_b_674779.html" rel="nofollow">Saul Friedman: Consequences of Unequal Distribution of Wealth--The Rich Get Richer...</a> (huffingtonpost.com)</li>
</ul></div><div class="zemanta-pixie" style="height: 15px; margin-top: 10px;"><a class="zemanta-pixie-a" href="http://www.zemanta.com/" title="Enhanced by Zemanta"><img alt="Enhanced by Zemanta" class="zemanta-pixie-img" src="http://img.zemanta.com/zemified_e.png?x-id=ac581941-d802-43a9-b8a1-8cd79d7999cf" style="border: medium none; float: right;" /></a><span class="zem-script more-related pretty-attribution"><script defer="defer" src="http://static.zemanta.com/readside/loader.js" type="text/javascript">
</script></span></div>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com4tag:blogger.com,1999:blog-173940490303025576.post-54049960650595555962010-08-31T12:31:00.000-04:002010-08-31T12:31:11.850-04:00Ben Bernanke and Barack Obama Don't Get It...Cheap Money Works For The Classes Not For The MassesWhen Robert Reich speaks someone in the administration should listen. Fjor those of you who don't know Reich, he was former Secretary of Labor and is currently a Professor at Berkeley University.<br />
<br />
<br />
He gets what those in charge of "working" our economy don't. Cheaper money will not improve our economy. I believe it will not stop the recession - which many are saying has stopped.<br />
<br />
<br />
The <a href="http://www.huffingtonpost.com/robert-reich/why-cheaper-money-wont-me_b_698485.html">Huff Post</a> just ran one of Reich's articles which first appeared on his own site - <a href="http://robertreich.org/">RobertReich.org </a><br />
<br />
<br />
Reich very logically explains why <span style="font-size: small;"><a href="http://www.huffingtonpost.com/robert-reich/why-cheaper-money-wont-me_b_698485.html" id="title_permalink" title="Permalink">Why Cheaper Money Won't Mean More Jobs, </a>which is the title of his article.</span><br />
<span style="font-size: small;"><br />
</span><br />
<blockquote>The sad reality is that cheaper money won't work. Individuals aren't borrowing because they're still under a huge debt load. And as their homes drop in value and their jobs and wages continue to disappear, they're not in a position to borrow. Small businesses aren't borrowing because they have no reason to expand. Retail business is down, construction is down, even manufacturing suppliers are losing ground.</blockquote>No cheaper money won't work. We have seen the affects of cheap money ever since the announcement of the economic crisis in 2008 - which I say really began in 2007. Cheap money benefited only our Too Big Too Fail Corporations and are now benefiting any LARGE corporation. None of it has yet benefited the average person, the unemployed, the under employed or the millions of suffering Americans all having to look to social programs just to survive. But maybe that's what it is all about - social programs for a socialist society. A two class system - the haves and the have nots.<br />
<br />
You must begin to wonder what all of this is all about. After all, Bernanke is not a stupid person. In fact, he is a very intelligent and smart person. He understands what will work and what won't. At the same time, Barack Obama is not a stupid person either - he understands. What they understand is what we all out here in Recession America understand - helping big business does not help the public. Is this the real plan?<br />
<blockquote>But this big-business borrowing won't create new jobs. To the contrary, large corporations have been investing their cash to pare back their payrolls. They've been buying new factories and facilities abroad (China, Brazil, India), and new labor-replacing software at home.<br />
If Bernanke and company make it even cheaper to borrow, they'll be unleashing a third corporate strategy for creating more profits but fewer jobs -- mergers and acquisitions.</blockquote><br />
<h1><span style="font-size: small;">Read Reich's full article...<a href="http://www.huffingtonpost.com/robert-reich/why-cheaper-money-wont-me_b_698485.html">click here</a></span></h1><br />
<div class="zemanta-related"><h6 class="zemanta-related-title" style="font-size: 1em; margin: 1em 0pt 0pt;">Related articles by Zemanta</h6><ul class="zemanta-article-ul"><li class="zemanta-article-ul-li"><a href="http://r.zemanta.com/?u=http%3A//www.guardian.co.uk/world/richard-adams-blog/2010/aug/27/ben-bernanke-jackson-hole-federal-reserve&a=23402612&rid=79296a7d-a399-4aba-aa40-9f232d8f2c18&e=2fbb6b4e5e4c656ccb05751d1bdd332e" rel="nofollow">Ben Bernanke calls for help to revive the stuttering US economy | Richard Adams</a> (guardian.co.uk)</li>
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</script></span></div>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com1tag:blogger.com,1999:blog-173940490303025576.post-71311297762490911512010-08-04T11:26:00.000-04:002010-08-04T11:26:37.225-04:00Americans Go Hungry While Once Poor Now Rich Ex Presidents Spend Lavishly<span style="font-weight: bold;">Editor's Note:</span><br />
Paul Craig Roberts raises some very good questions and points out some very good and shocking statistics about this once great land of ours. <br />
<br />
What is frightening are the stats on how many Americans go to bed hungry each day. What is more frightening is the story of just one food pantry in Ohio that does not have enough food to give out to over 3,000 recipients each day. One story of just one food pantry but I am sure that this same story is repeated in many cities and food pantries around the country.<br />
<br />
While there has always been an "upper" class there has also been a very stable middle class. It has always been the middle class that has supported such things as food pantries and other charitable programs. The middle class has been annihilated here in this country, their wealth transferred to a new and much larger cadre of upper class citizens. These upper classes do contribute some but not as much as the once great middle class did. Yes, the upper class all have their favorite charities but when it comes time to pass the hat at the office, the hat receives little in the way of donations because the office is bare, the middle class workers are not there and the upper class managers who have raked in all that dough all claim they gave elsewhere.<br />
<br />
This country's success was its middle class and its' failure now is due to the elimination of the middle class. I hope all those attending Princess Chelsea's wedding gave some thought to all the starving people and especially KIDS in this country while they feased on their lavish meals sitting in an air conditioned tent which alone was estimated to have cost $600,000.<br />
<br />
I wish Chelsea all the best as well as her new husband, "what's his name". I hope their marriage is long and fruitfull but I also hope that they do not forget what the rest of the country is suffering. <br />
<br />
<span style="font-family: Times New Roman;"><b><span style="font-size: x-large;">Let Them Eat Wedding Cake</span></b><br />
<br />
<b>By Paul Craig Roberts<br />
</b></span><span style="font-family: Times New Roman;"><b><br />
August 03, 2010</b><strong> "</strong><a href="http://www.informationclearinghouse.info/"><strong>Information Clearing House</strong></a><strong>" </strong>--<b> It </b>is not unusual for members of the diminishing upper middle class to drop $20,000 or $30,000 on a big wedding. But for celebrities this large sum wouldn’t cover the wedding dress or the flowers. <br />
<br />
When country music star Keith Urban married actress Nicole Kidman in 2006, their wedding cost $250,000. This large sum hardly counts as a celebrity wedding. When mega-millionaire real estate mogul Donald Trump married model Melania Knauss, the wedding bill was $1,000,000.<br />
<br />
The marriages of Madonna and film director Guy Ritchie, Tiger Woods and Elin Nordegren, and Michael Douglas and Catherine Zeta-Jones pushed up the cost of celebrity marriages to $1.5 million.<br />
<br />
Tom Cruise and Katie Holmes upped the ante to $2,000,000.<br />
<br />
Now comes the politicians’s daughter as celebrity. According to news reports, Chelsea Clinton’s wedding to investment banker Mark Mezvinsky on July 31 is costing papa Bill $3,000,000. According to the London Daily Mail, the total price tag will be about $5,000,000. The additional $2,000,000 apparently is being laid off on US Taxpayers as Secret Service costs for protecting former president Clinton and foreign heads of state, such as the presidents of France and Italy and former British Prime Minister Tony Blair, who are among the 500 invited guests along with Barbara Streisand, Steven Spielberg, Oprah Winfrey, Ted Turner, and Clinton friend and donor Denise Rich, wife of the Clinton-pardoned felon.<br />
<br />
Before we attend to the poor political judgment of such an extravagant affair during times of economic distress, let us wonder aloud where a poor boy who became governor of Arkansas and president of the United States got such a fortune that he can blow $3,000,000 on a wedding.<br />
<br />
The American people did not take up a collection to reward him for his service to them.<br />
Where did the money come from? Who was he really serving during his eight years in office?<br />
<br />
How did Tony Blair and his wife, Cherrie, end up with an annual income of ten million pounds (approximately $15 million dollars) as soon as he left office? Who was Blair really serving?<br />
<br />
These are not polite questions, and they are infrequently asked.<br />
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While Chelsea’s wedding guests eat a $11,000 wedding cake and admire $250,000 floral displays, Lisa Roberts in Ohio is struggling to raise contributions for her food pantry in order to feed 3,000 local people, whose financial independence was destroyed by investment bankers, job offshoring, and unaffordable wars. The Americans dependent on Lisa Roberts’ food pantry are living out of vans and cars. Those with a house roof still over their heads are packed in as many as 14 per household according to the Chillicothe Gazette in Ohio.<br />
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<a href="http://www.informationclearinghouse.info/article26063.htm">http://www.informationclearinghouse.info/article26063.htm</a>Larry Rubinoffhttp://www.blogger.com/profile/00994883281506478553noreply@blogger.com21