Monday
Jan102011
Jon Stewart On Bank Bailouts And Foreclosure Fraud - Daily Show Video
| The Daily Show With Jon Stewart | Mon - Thurs 11p / 10c | |||
| Foreclosure Crisis | ||||
|
||||
Editor's Note: A repost from October...
---
This is excellent -- from last night's show. Best reporting I've seen.
- "The banks admit to not reading the fine print on the crappy mortgages the American taxpayers now own."
---
---
Did you see 60 Minutes tonight:
Jan 10, 2011 at 12:10 AM
Reader Comments (19)
http://www.businessinsider.com/china-credit-rating-dollar-2010-10#ixzz11vmb1ZCd
http://www.businessinsider.com/heres-the-real-scandal-in-foreclosure-gate-2010-10
http://www.thefiscaltimes.com/Blogs/2010/10/08/The-Real-Debt-Crisis.aspx
http://www.thefiscaltimes.com/Issues/The-Economy/2010/10/08/Anti-Stimulus-Ads-Could-Derail-Democrat-Campaigns.aspx
http://www.thefiscaltimes.com/Media/Video/2010/05/Costs-Of-The-Oil-Spill.aspx
http://www.thefiscaltimes.com/Issues/The-Economy/2010/10/07/Flash-Crash-Report-Fails-to-Answer-Big-Questions.aspx
Okay, so what does this mean for the dollar and for gold? My guess is that Monday will be a very interesting day, markets open for Columbus day I assume.
Big Wall Street Banksters created the Foreclose Economy because they are that greedy and "Too Big to Care" about the American Dream and basic Contract Law. It was done by design and with treasonous and willful intent strictly for power and profit.
The Illegal Securitized Mortgages that became the death blow to our economy actually bet on the foreclosure of the homeowner for as much as a 30 times return on investment. This is true financial terrorism. It is actually better for the investor to foreclose than to help someone stay in their home.
Want to know how easy it is to fix this problem? Crash all of the Big Banks now and fund local banks only that serve to enrich local economies only. Look at the example of the state owned banks in North Dakota, whose population has only a 4% unemployment rate.
The Fed and their complicit banks must be abolished to save the Republic!
It's the only thing we can do. CRASH THE BIG BANKS NOW "Too Big Too Fail" apparently means "Too Big To Succeed" and "Too Big for their own Wallets"
The sooner the better. Why don't we ask a 3rd grade math student what he thinks? The real problem is that a politician who could do something about it has his own mathematical challenges about healthy economies. "Bite the hand that feeds him" (by indicting Banksters), or make millions putting children in the streets for power and profit.
Apparently ALL politicians are going to make the same choice over and over again. They have always sold the souls of your children and their future and they always will. Take the big Banksters out of the picture. Build a local banking system that cares about its community and helps it thrive instead of sucking the life out of it by bribing and fixing the entire system for itself, taking us all of a cliff with it.
Crash all the big banks now. Create new local Banks only = No more Wall Street Banksters.
Problem Solved! J Glenn Lowe
Die Banker Die - A Tribute to the Wall Street Banksters that suck the life from all of us and our economy just to get a nice Christmas Bonus - http://www.youtube.com/watch?v=YGFZ1Jj3ui8
Please consider featuring my videos if they fit into any of themes of your articles.
Die Banker Die by J Glenn Lowe - A Tribute to Wall Street Banksters and Fraudgate
http://www.youtube.com/watch?v=YGFZ1Jj3ui8
and
Eat My Naked Silver Shorts - Crash JPMorgan Chase http://www.youtube.com/watch?v=zjIkrXmdw5A
They are being featured on news sites all over the world. More coming soon. Please subscribe to my youtube channel for updates on upcoming video releases - http://www.youtube.com/user/SANE9001
good stuff...i liked when the whole family gathered around at the end...
http://www.scribd.com/doc/36793149/Ibanez-Appellants-Opening-Brief-to-SJC
If you take a look, you’ll learn why those in power and those who can improperly influence them get away with violating our rights, abusing their power, and committing horrible crimes. My article on torture includes a link to the U.S. Supreme Court case which explains how one of our stolen rights makes the difference between justice and injustice, between freedom and slavery.
http://stopforeclosurefraud.com/2011/01/08/video-highlights-of-maine-attorney-thomas-cox-%e2%80%9cforeclosed-justice-causes-and-effects-of-the-foreclosure-crisis%e2%80%9d-pt-2/
http://www.nytimes.com/2010/10/09/your-money/mortgages/09money.html?_r=1
[snip]
On Oct. 1, Old Republic National Title Insurance Company released a notice forbidding any agents or employees to issue new policies on homes that had been recently foreclosed by GMAC Mortgage or Chase.
Clearly, the title insurer was also worried about a situation in which untold numbers of former homeowners have their foreclosures overturned. At that point, those individuals might claim the right to take back their old homes, but they’d also be responsible for, say, a $400,000 loan on a home that is worth half that.
http://market-ticker.org/akcs-www?post=176822
[snip]
The only entity permitted to transfer a loan into the trust is the Depositor, and that transfer has to happen on or before the closing date for the Trust.
http://stopforeclosurefraud.com/2010/10/05/amicus-brief-filed-for-landmark-massachusettes-cases-ibanez-larace/
[snip]
Finally I expose the fact that U.S. Bank, who bought the Ibanez property at foreclosure for $94,350, sold it on December 15, 2008 for $0.00. That’s right, they foreclosed on Ibanez’s property so that they could give it away!
It sure would save a lot of interest payments and people could stay in their homes.
Put it another way: If WE OWN THE DEBT, we OWN the INTEREST!
Being generous, we forego it and vaporise the debt.
WHO LOSES??????????????????????????????????????????