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

Hon. Philip S. Straniere – The judge in the “Sixth Sense” part of the Civil Court, seeing cases with “dead corporations” represented by “dead law firms”

“This is another case which is slowly convincing me that I am the judge in the “Sixth Sense” part of the Civil Court where, like characters in that film who only see dead people, I am relegated to seeing cases with “dead corporations” represented by “dead law firms,” citing Hon. Philip S. Straniere from CENTURION CAPITAL CORP., v. ANNA GUARINO. 

Sounds a lot like mortgage foreclosure fraud, doesn’t it?  Bankrupt mortgage lending companies resurrecting themselves as the ghost of the bank or pretender lender that exited years earlier – all of a sudden, without legal authority they appear in court trying to fool the homeowners, investors, state recordation offices and courts with fabricated (too late) assignments of mortgage to trusts that closed years earlier and are now rapidly depleting their assets – paid off likely with TARP funds – thank you very much. Continue reading

RSN: Will the Peasants Go Medieval on Bankers?

February 10, 2022: Questions: Is the rush to vax to beat out the new COVID tests or the domino fall of the pension funds worldwide? Whose fault are the shortfalls aka pension deficits aka losses aka zero (0) funds? Now ask the title question.

“The pension industries in many countries are in a bad way. According to a Citibank report from 2016, the 20 largest OECD countries alone have a US $78 TRILLION shortfall in funding pay-as-you-go and defined benefit public pensions’ obligations. This shortfall is far from trivial. It is equivalent to about 1.8 times the value of these countries’ collective national debt.” CLICK HERE

Readers Supported News: By Washington’s Blog

While everyone from Tony Blair to Nouriel Roubini is debating whether or not bankers should be hanged, the Wall Street Journal and Bloomberg provide some fascinating historical context.
Dark subjects: A Red Saunders creation. This picture is called Wat Tyler and the Peasant’s Revolt, 1381.  Continue reading

SECURITIZED DISTRUST – PART TWO

“The abuses and dishonesty and multiple breaches of contract within the shadow banking world of securitized trusts appear to have been endless, now with new revelations regarding the rigging of Libor rates, as well as constituting a litigation puzzle for borrowers and for their attorneys seeking to use those abuses and dishonesty to their advantage. But how?”

SECURITIZED DISTRUST PART TWO provides another outstanding synopsis of the banking foreclosure fraud and little known hidden secrets used by lenders to defraud the borrowers and the courts.

Continue reading

RSN: The American People Are Angry

This is a post and video that the entire United States public needs to view.  Please forward the message to your friends and family.  Thank you in advance. DeadlyClear

By Bernie Sanders, Reader Supported News
28 June 12

The American people are angry. They are angry that they are being forced to live through the worst recession in our lifetimes — with sky-high unemployment, with millions of people losing their homes and their life savings. They are angry that they will not have a decent retirement, that they can’t afford to send their children to college, that they can’t afford health insurance and that, in some cases, they can’t even buy the food they need to adequately feed their families.

They are angry because they know that this recession was not caused by the middle class and working families of this country. It was not caused by the teachers, firefighters and police officers and their unions who are under attack all over the country. It was not caused by construction workers, factory workers, nurses or childcare workers.

This recession was caused by the greed, recklessness, and illegal behavior on Wall Street. And, what makes people furious is that Wall Street still has not learned its lessons. Continue reading

ELIZABETH WARREN: “We need a strong cop on the beat to make sure no one steals your purse on Main Street or your pension on Wall Street.”

“Elizabeth Warren Calls on JP Morgan Chief to Resign from NY Federal Reserve Bank Board,” Reports Stopforeclosurefraud.com

  • Says Responsibility and Accountability Long Overdue
  • Architect of the Consumer Financial Protection Bureau
  • Warren Continues Challenging Wall Street Arrogance

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

HAWAII SENATE RESOLUTION DIRECTING THE ATTORNEY GENERAL TO INVESTIGATE CASES WHERE FRAUDULENT TRANSFERS AND ASSIGNMENTS OF MORTGAGE LOAN DOCUMENTS ARE ALLEGED.

HAWAII SENATE CONCURRENT RESOLUTION  S.C.R. NO. 39 – NEEDS YOUR SUPPORT AND TESTIMONY BEFORE MARCH 13, 2012 at 10:15 A.M.

Honolulu, Hawaii March 9, 2012    Mahalo Hawaii Senators!  

In an effort to get the Hawaii Attorney General’s focus on the fraudulent documents filed in the Hawaii Bureau of Conveyances, the Hawaii Senate drafted a Concurrent Resolution in cooperation with the House Representatives:

DIRECTING THE ATTORNEY GENERAL OF THE STATE OF HAWAII TO INVESTIGATE CASES WHERE FRAUDULENT TRANSFERS AND ASSIGNMENTS OF MORTGAGE LOAN DOCUMENTS ARE ALLEGED“…and just in time. Continue reading

Confidence Game – The Film Unraveling Mortgage Fraud

Are Promissory Notes actually Securities before the homeowner signed the mortgage documents?  That’s a heavy thought isn’t it?  

Listen to short clip here.

As DeadlyClear interviewed Blue Chip Films Producer/Director Nick Verbitsky about his new documentary film Confidence Game based on the demise and collapse of Bear Stearns, there emerged a confirmation to a missing piece of the mortgage-backed securitization process long suspected by foreclosure defense researchers and analysts that may expose a whole new avenue of fraud and even invalidate/void mortgage loan documents.  

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