Mortgage Crisis 101 by Prof. John Campbell

Campbell soupWhile the foreclosure crisis might sound to some like duck soup, Professor John E. Campbell from the University of Denver Sturm College of Law has taken the time to dissect the issues in his Mortgage Crisis in a Nutshell video explaining precisely what has happened to homeowners and searching for the reasons why.

Prof. Campbell explains what has happened in the traditional sense and how Mortgage Electronic Registration Systems, Inc. participated in part of the scheme. He also discusses how and why the homeowners were not intentionally at fault.

In this one-hour video, Attorney John E. Campbell explains the main aspects of the mortgage crisis that has devastated the U.S. housing market and the economy. Watch the video and then let’s discuss securitization in a little more detail below. Continue reading

Anonymous Hackers Attack Banksters and Federal Reserve

Expect us“Citizens of the world we have seen the erosion of due process, the dilution of constitutional rights…” – yeah, ya think?

The Federal Reserve is the latest government agency to be hit by a cyber attack, according to reports. The breach reportedly hit an emergency communications system out of St. Louis.

Anonymous warns this is just the beginning…  Continue reading