“What?! Give up our paychecks while we shutdown the government? We’ve got mortgages and bills to pay.”

Washington (CNN) — In an extended shutdown, most of the federal workforce would go without pay, but the checks will keep coming to the 533 current members of Congress.

Who gets paid in a shutdown and who doesn’t? Continue reading

THE HISTORY AND DEATH OF MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. ACCORDING TO THE USPTO

bamboozledFor nearly 20 years, in particular, the last 10 years, the courts, foreclosure defense attorneys, homeowners and politicians have been bamboozled by the blur and use of “MERS” – the service mark for the MERS® eRegistry system owned and operated now by MERSCORP Holdings, Inc.

“MERS” first became the acronym, an abbreviation for the first Mortgage Electronic Registration Systems, Inc., in 1995. This corporation was registered in Delaware on October 16, 1995. In 1997 Mortgage Electronic Registration Systems, Inc. registered “MERS” as the service mark with the United States Patent and Trademark Office (USPTO) for its mortgage loan eRegistry system. This original MERS corporation has long since been eaten up by other entities created by its executives and board of directors to replace it over the past 18 years. Bottom-line: The original Mortgage Electronic Registration Systems, Inc. is dead and it died in 1998… RIP

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Wall Street Shows Its Ass Again

Why Wall Street & Co. Will Do Anything to Stop Eliot Spitzer from Championing the Public Interest

wall-street-bullWeb of Debt blog / By Ellen Brown
The latest post from the AlterNet
Spitzer as comptroller: Good for New York, good for women, terrifying for Wall Street abusers.

Before Eliot Spitzer’s infamous resignation as governor of New York in March 2008, he was one of our fiercest champions against Wall Street corruption, in a state that had some of the toughest legislation for controlling the banks. It may not be a coincidence that the revelation of his indiscretions with a high-priced call girl came less than a month after he published a bold editorial in the 
Washington Post titled “ Predatory Lenders’ Partner in Crime: How the Bush Administration Stopped the States from Stepping in to Help Consumers.”  The editorial Continue reading

Detroit is Organizing – Moratorium NOW!

Coalition to Stop Foreclosures, Evictions, and Utility Shutoffs

Detroit-Bankruptcy-Un_RasmOn the Fifth Anniversary of the Federal $700 Billion Bank Bailout

Saturday, October 5, 2013, Detroit, Michigan

A Call for an International Peoples Assembly Against the Banks and Against Austerity

Weekly Organizing meetings, Mondays, 7 PM, 5920 Second Ave., Detroit

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20 Cities That May Face Bankruptcy After Detroit

City Of Compton, California Considers BankruptcyGenerated from a Newsmax post:

Think Motown is the only major U.S. city in a boatload of financial trouble? Think again. By Stephen Moore

Detroit’s bankruptcy filing sent shivers down the spine of municipal bondholders, government employees, and big-city urban residents all over the country. That’s because many of the 61 largest U.S. cities are plagued with the same kinds of retirement legacy costs that sent Detroit into Chapter 9 bankruptcy this summer.  Continue reading

Peter Schiff: Catastrophic Economic Collapse Will Hit the U.S. Economy In 2013 or 2014

InvestmentWatch logo

financial-crisis2InvestmentWatch reported on the recent predictions of Peter Schiff.  Economic Crisis: 2007 and 2013 – Peter Schiff: A Collapse Happened In 2008, But Even More Catastrophic Economic Collapse Will Hit the United States Economy In 2013 or 2014

“In 2006, when he faced off with many well known Titans of investing and warned of an impending financial disaster and economic collapse, Peter Schiff was laughed at by his colleagues.

He urged Americans to exit financial markets and take steps to protect themselves before the wealth held in their savings accounts, retirement investments and real estate was wiped out. Few listened…

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Is Jamie Dimon Still the President’s Favorite Bankster?

ROLLING STONE – FEATURE:
Chase, Once Considered “The Good Bank,” Is About to Pay Another Massive Settlement
By POSTED: July 18, 12:20 PM ET

Jamie Dimon Libor SubpeonasDuring the financial crisis, while Dr. Evil-ish Wall Street villains like Goldman and Lehman Brothers were getting all the bad press, pundits continually referred to J.P. Morgan Chase as the “good bank.” The myth of Chase as the finance sector’s one upstanding rock of rectitude reached its zenith in July of 2009 with an embarrassingly hagiographic piece in the New York Times entitled, “In Washington, One Bank Chief Still Holds Sway.” In that one, the paper breathlessly praised Jamie Dimon for emerging from “the disgrace of his industry” to become Barack Obama’s “favorite banker.”

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“Height of Hypocrisy” – Legalize MERS with a National Mortgage Data Repository aka Foreclosure Fraud-Away

Jeb HensarlingWhat does a hypocrite look like? The poster boy for the Republican “Height of Hypocrisy” is Texas 5th District Congressional Representative Jeb Hensarling. The Republicans claim to be for state’s rights, tight borders, and Texas wants to secede from the Union… Yet this whopping idiot wants a national land registry…blur the lines between the states and allows foreign ownership and control!

Apparently, his recent date with Wall Street has thoroughly discolored his state’s rights land recordation thought process. In January this year, Rep. Jeb Hensarling ascended to the powerful chairmanship of the House Financial Services Committee. Six weeks later, campaign finance filings and interviews show, Hensarling was joined by representatives of the banking industry for a ski vacation Continue reading

An OPEN FORECLOSURE DEFENSE LETTER To ALL Governors – Wake Up!

court home snatchersMost of us working in foreclosure defense find the foreclosure procedure despicable. The lies and fraudulent documents make our hearts ache and stomachs turn; and when a judge refuses to see the deceit – CORRUPTION lights up like a neon sign. It’s time we take over these land grab issues, hand them back to the states and ask the Governors and Legislators to reign in the courts and protect the constituents. This is not about a “free house” – which is pure bankster propaganda that is hard to overcome. This is about truth, integrity and honesty – none of the attributes that Wall Street banks possess these days.

One Washington state constituent, Linda Michelle Darnell, a foreclosure defense consultant, wrote a compelling letter to her governor, Jay Inslee. We Continue reading

ShellGame-MERS: Contrived Confusion – A MUST READ!

SHELLEGAME-MERS bk coverlgYesterday was spent reading a brilliant new ebook ShellGame-MERS: Contrived Confusion by retired attorney/CPA Robert Janes. Not enough can be said about this powerful paper that accurately outlines the errors of the foreclosure machine. IT IS A “MUST READ”!

Robert Janes has previously written a  book called “Fighting The Foreclosure Machine” and has a website with the same name, with great newsletters contained therein.  It is all about the UCC and the material is in regard to making the banks prove who can enforce the Note.

This is fabulous information and used in a lot of Quiet Title actions and Oppositions to Motions for Summary Judgments.  Judges are starting to listen to these arguments which is to put a stop to the fabrication of documents and fraud stemming from the “foreclosure machine.” Continue reading