Rumor has it that in a matter of days, after months of negotiation with big banks, the White 
House may announce a settlement that would let the banks off the hook for their role in the foreclosure crisis — paying a tiny fraction of what’s needed in exchange for blanket immunity from future lawsuits. If this happens will we ever be able to trust him again?
Gathered here are three excellent presentations from this weekend… Continue reading
Reading the biased judicial opinion in the transcripts of the Florida case, Deutsche Bank vs. Renee Cuenca compels the apparent need to make an early opening statement.
Maybe it needs to be dialogue on a new television series – like “Fraud & Foreclosure” … or “Un-Justice”.
The Cuenca transcripts – like the more recent foreclosure orders dissing the borrowers’ rights to challenge the Assignment of Mortgages, instill a vivid picture of the “cow jumped over the moon.” How does the Judge get from point A to point D without connecting the dots? Continue reading
“This [Federal Reserve Act] establishes the most gigantic trust on earth. When President Wilson signs this bill, the invisible government of the monetary power will be legalized….the worst legislative crime of the ages is perpetrated by this banking and currency bill.” -Charles A. Lindbergh, Sr. , 1913
Charles A.Lindbergh Sr. was the father of Hana’s beloved “Lucky Lindy” – aviator Charles Lindbergh, who is buried just outside of Hana town in Kipahulu, Hawaii. It made sense to dedicate this post to his father, a Minnesota Congressman from 1907-1917.
One hundred years later, the Congressman’s courageous statements carry the truth of the corruption in Wall Street and government and strike at the very core of our nation, as well as the world’s, economic nightmare.
In 1913, he wrote Banking And Currency And The Money Trust By Charles A. Lindbergh, and in 1917 he wrote “Why is Your Country at War?”, attributing high finance as Continue reading
If anyone doubts why the Governors in all 50 states should not allow their Attorneys General to sign the Multi-State Bank Settlement then take the time to listen to Delaware Attorney General Beau Biden in this MSNBC interview with Alex Wagner. CLICK HERE for Interview
Banks “who engaged in fraudulent behavior should not be granted criminal or civil immunity for potential wrongdoing related to illegal mortgage and foreclosure practices…the Federal Government and State attorneys general should proceed with full investigations into claims of fraudulent behavior by the banks” CLICK HERE for video. Continue reading
As President Obama met with no aloha and world leaders last month at the Asia-Pacific Economic Cooperation (APEC) meeting in Hawaii to discuss how to bolster global trade, Occupy Honolulu protested economic inequity that they say would result from new trade 
agreements. Meanwhile, within the heavily guarded compound where the summit took place, renowned Hawaiian musician and guitarist Makana carried out his own act of protest.
Makana had been invited to play instrumental music at the gala dinner Saturday night. At the dinner, Makana opened his jacket to reveal a t-shirt which read, “Occupy with Aloha.”
Then, instead of performing the background instrumental he was scheduled to play, he started to sing a protest song he had released earlier that day. As world leaders including Obama and Chinese Premier Hu Jintao sat in the audience… Listen to Makana sing the incredible “We are the Many”… Continue reading
The banner NY Times headline was compelling, A Banker Speaks, With Regret By NICHOLAS D. KRISTOF
Published: November 30, 2011 The NY Times begins:
“If you want to understand why the Occupy movement has found such traction, it helps to listen to a former banker like James Theckston. He fully acknowledges that he and other bankers are mostly responsible for the country’s housing mess. As a regional vice president for Chase Home Finance in southern Florida, Theckston shoveled money at home borrowers. In 2007, his team wrote $2 billion in mortgages, he says. Sometimes those were “no documentation” mortgages.
“On the application, you don’t put down a job; you… Continue reading
It will only continue to get worse. What will it take for our politicians and government to understand that the securities fraud committed by Wall Street and their associates have created joblessness, homelessness, foreclosure and eviction that has affected families across the country? How can we continue to ignore the enormous wrongs?
Judge Rakoff was right when he told the Securities and Exchange Commission that their deal with Citigroup Global Markets, Inc. was not transparent enough and stated,
“[T]he Supreme Court has repeatedly made clear, however, that a court cannot grant the extraordinary remedy of injunctive relief without considering the public interest.”
The public interest has been sorely damaged by the fraud committed by the Wall Street Continue reading
In the recent filing November 9, 2011 of an Ohio case, Deutsche v. Holden, in the Court of Common Pleas in Summit County, (Akron) Ohio, defense attorneys submit that the note had not been transferred pursuant to the PSA therefore the foreclosing entity (Deutsche) did not own the note and mortgage.
Holden‘s Motion to dismiss cites the November 16, 2010 Congressional Oversight Panel’s (COP) report titled “Examining the Consequences of Mortgage Irregularities for Financial Stability and Foreclosure Mitigation” as well as the PSA and New York trust law.
Senator Ted Kaufman warned that the COP investigation found evidence that he stated as the worse case scenario, “considerably grimmer” where “robo-signers served to conceal the fact the banks cannot prove that they own the mortgage loans that Continue reading
Financial Finger-Pointing Turns to Regulators
By LOUISE STORY and GRETCHEN MORGENSON
Published: November 22, 2011
Putting the spotlight on former IndyMac CEO, Micheal Perry, who recently set-up a self-serving blog to try and achieve a sympathetic audience for the justification of the demise of
his company and the charges brought by the SEC. The NY Times writes:
“In the whodunit of the financial crisis, Wall Street executives have pointed the blame at all kinds of parties — consumers who lied on their mortgage applications, investors who demanded access to risky mortgage bonds, and policy makers who kept interest rates low and failed to predict a housing market collapse.
But a new defense has been mounted by a bank executive: my regulator told me to do it.
This unusual rationale is presented by the bank Continue reading
BRAVO! Landmark Media Enterprises LLC’s KLAS-TV 8 News NOW in Las Vegas, NV aired a compelling and informative BUYER BEWARE news story this week exposing the massive REO bank fraud found throughout Nevada, including the home of the very news anchor reporting the story. “If the house you bought was ever in foreclosure there’s a strong chance you have a problem,” said anchor George Knapp.
For the complete video news story click here.
The foreclosure crisis has several causes, but government investigators now believe that Continue reading
Deadly Clear 