AG Jack Conway Calls MERS a Ghost and a Front – Files a Lawsuit Against MERSCORP Holdings, Inc.

Weep no more my lady
Oh! weep no more today!

Bravo – Kentucky Attorney General Jack Conway!

3ghostsAttorney General Jack Conway announced that his office filed a lawsuit on January 23, 2013 in Franklin Circuit Court against MERSCORP Holdings, Inc., and its wholly owned subsidiary Mortgage Electronic Registration Systems, Inc. (MERS) for violations of Kentucky law. The lawsuit is a result of Attorney General Conway’s investigation of mortgage foreclosure issues in Kentucky.

The lawsuit alleges that MERS violated Kentucky law by not   Continue reading

The Silent Killer – like a heart attack – these thieves will destroy America

“Someday, it will go down in history as the first trial of the modern American mafia,” wrote Matt Taibbi in June 2012 in Rolling Stone’s The Scam Wall Street Learned From the Mafia – How America’s biggest banks took part in a nationwide bid-rigging conspiracy – until they were caught on tape.  Add that to Neil Barofsky’s new book BAILOUT where he discusses how this behavior stems from the fact that the Wall Street banks control and manipulate the U.S. Treasury…

And we begin to understand why this seems to be a never-ending nightmare.

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Define “Responsible” Homeowners – Please! An open letter to President Obama.

COMMENTS ARE WELCOMED.

We’re fortunate in Hawaii to have accessible U.S. Senators who have been on a first name basis with with their constituents forever. And at times like these U.S. Senator “Dan” Inouye has always been our “go to guy.” 

Aloha Senator Inouye –

This morning we received the email of President Obama’s Weekly Address:
It’s Time for Congress to Help Responsible Homeowners.

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How Far From the Truth Will They Venture to Go?!

New York Times Opinion Pages printed an article by Joseph E. Stiglitz, a professor of economics at Columbia and Mark Zandi who is the chief economist at Moody’s Analytics. The story, “The One Housing Solution Left: Mass Mortgage Refinancing” started out by stating:

“MORE than four million Americans have lost their homes since the housing bubble began bursting six years ago. [Ed. note: On what planet have these fellas been living over the past 6 years?!Continue reading

“You Can Take That To The Bank You Miserable Son Of A Bitch…”

The Daily Sheeple (“Wake the Flock Up!”) reported a story that merits repeating.

Alan Simpson, Republican Senator from Wyoming and co-chair of President Obama’s deficit commission, calls senior citizens the “Greediest Generation” as he compared Social Security to a Milk Cow with 310 million teats.  Here’s a response in a letter from Ms. Myers, said to be a career school teacher in Montana… It appears she is a little ticked off!

She also tells it like it is!  Continue reading

Chris Whalen: The Fallacy of “Too Big To Fail”–Why the Big Banks Will Eventually Break Up

Jim Puplava is Author & Host of Financial Sense & Financial Sense Newshour providing weekly broadcasts and writing thought-provoking commentary for Financial Sense Online in addition to interviews with top financial thinkers.
In a riveting interview on the banking industry, Christopher Whalen of Tangent Capital Partners in New York joins Jim on Financial Sense Newshour to discuss the fallacy of “too big to fail,” conflicts of interest in the derivatives markets, problems with the 2005 bankruptcy laws, and political failures, policies and programs.

Chris Whalen elaborates on the present economic situation and why we are not seeing the changes Americans expect.   Continue reading

A Leopard Doesn’t Change It’s Spots – Don’t Expect Wall Street Banks To

The proposed multi-state Attorneys General Wall Street bank fraud settlement has been the top-watch of foreclosure defense families and attorneys at war with the banks.

The disapproval of this settlement ranks highest among those in the throws of research and who understand the mathematics (or lack of) bantered about by various news stories.

The real statistics are staggering.   Continue reading

“Stay in Your Homes – You Are Going To Find They Don’t Have That “Paper” Up There On Wall Street”

One of the outstanding interviews after President Obama announced there would be an investigative task force into the Wall Street banks’ mortgage fraud was aired on The Rachel Maddow Show on Jan. 28, 2012.  It is a MUST WATCH TV interview – click here.

New York Attorney General Eric Super-Schneiderman has been appointed by President  Continue reading

The Reality of Mis-Perception – Bankster Brainwashing & Barack

A good friend once said, “Perception becomes the reality.”

When opinion is accepted as fact, perception soon becomes reality, at least for those who share these opinions and cling to the resulting perceptions. Herein lies the reason for the division in America today and unless we make a concerted effort to separate perception from reality, opinion from fact, fiction from truth, that division will continue [JB Williams 2005].

While the President’s State of the Union speech was… Continue reading

Obama Adds Insult to Injury – a “Sweetheart Deal” (no prison) for the banks!

MONDAY, JANUARY 23, 2012

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