Archive for 'bubble' Category
Editor’s Comment: Finally! The president has now played out the Geithner-Summers scenario and seen the results — a large middle finger raised in the air from an arrogant bunch of people who are tone deaf to the needs of the nation and the world. This decision brings us into line with the rest of the […]
The mistake I detect from those who are not faring well in court is the attempt to treat preliminary motions and hearings as opportunities to prove your entire case. Don’t talk about conspiracy and theft, talk about evidence and discovery. every debtor is entitled to know the identity of the creditor, the full accounting for […]
The break-up of the big banks combined with strengthening the community banks and credit union would create something much closer to a free market of 7,000 institutions than 4 institutions controlling the world’s currency. Since the 1960’s the banking industry has been dominated by two main tiers of banking — the founding members of “associations” […]
Robert J. Koenig journalofdeflation.com livinglies_18_jan_10@rjkoenig.com 63.80.253.131 2010/01/18 at 11:12am These 3 Federal Statutes can deal quickly and forcibly with the unpleasant situation described above: 18 U.S.C. § 1001 False Statements (The Martha Stewart Act) http://en.wikipedia.org/wiki/Making_false_statements 18 U.S.C. § 1346 : Definition of “scheme or artifice to defraud” (The Lord Conrad Black Act) http://en.wikipedia.org/wiki/Title_18_of_the_United_States_Code#Chapters_61-70 RICO 18 […]
From New Zealand, but applicable Jingle Bells – walking away from debt Published by lprent on December 24, 2009 at 1:30 pm in law. Tags: debt, mortgage.. 3 Comments. In the US it is easier than NZ for home-owners to walk away using the jingle mail options in the US. However in NZ it is […]
FROM an unidentified researcher: Okay, So in all of my digging I have unearthed so many things I can’t start to explain it all but thought if I can save others the time and energy I most certainly will. So here is what I know so far and if others have info please share. Washington […]
In virtually all cases you will not find a person with any relationship to the creditor, investor, or pool. This is because servicers, trustees and other firms in the securitization chain are proceeding on their own initiating foreclosures without instructions, knowledge or any documentation from the creditor, investor or pool. Editor’s Note: Greyhawk is of […]
OK I’m upping the ante here with some techno-speak. But I’ll try to make it as simple as possible. YIELD is the percentage or dollar return on investment. For example, if you buy a bond for $1,000 and the interest rate is 5%, the yield is 5%. You are expecting to receive $50 per year […]
Wall Street didn’t merely siphon off unearned money, wealth and guarantees from homeowners, bank depositors and taxpayers. They screwed up title on what appears to be more than 60 million transactions — so even refi’s might now have rendered the title to be uninsurable or unmarketable. Big Banks Accused of Short Sale Fraud No surprise […]
“Each year they will launder more money back into the system and back onto the books so it becomes “on balance sheet” but the explanation of where the profits came from will be double-talk. But as long as we let them do it, they will be using the proceeds of purse snatching from the little […]
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