While there is an obvious combination of hypocrisy and deception in allowing financial institutions to use their CDO's for collateral or capital reserves, this latest move from the Fed comes closest to addressing the real issues on the banking, money and liquidity issue. I'm no supporter of sweeping problems under the rug, but what we need most right now is…[...]

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Tags: capital, Federal reserve, money, reserves
Posted in bubble, Corruption, Eviction |

Here is my answer to the heart wrenching story presented by one of my readers. Perhaps it will help others as well. Your story is heart wrenching. You did everything right and it came out wrong. The deck is stacked. Perhaps there is a silver lining in all this. You have some extensive experience in dealing with this situation. I don't…[...]

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Tags: American Dream, dollar, housing, Iraq, jobs, Ken Starr, monster, wages
Posted in bubble, Eviction |

Reality CheckBefore we go forward with who called who a monster, or Ken Starr, bringing back memories of deceit, sex, lies and and videotape, let’s do a reality check. People are hurting and the candidates are getting information from advisors who simply don’t get it: the monster here is the economy, reflecting society decisions that are having screamingly negative consequences…[...]

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Tags: American Dream, dollar, housing, Iraq, jobs, Ken Starr, monster, wages
Posted in bubble, Corruption, Eviction, securities fraud, Uncategorized |

The problem for homeowners is that however many ideas are put forward they won't be effective in time to save most people, they won't be in time to save the economy, and they won't be in time to save our currency from further wrenching devaluation. It is the fierce urgency of now that cannot even wait to the election or…[...]

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Tags: Clinton, depression, Eleanor Roosevelt, jobs, judiciary, McCain, Obama, Pelosi, recession, State Courts, Supreme Court
Posted in bubble, Eviction, securities fraud, Uncategorized |

OBAMA MOVEMENT IS LAST CHANCE FOR ECONOMY AND HOMEOWNERS.CHANGE THE RULES OF CIVIL PROCEDURE REGARDING FORECLOSURES OF ALL TYPES.As we have have repeatedly pointed out, there is no time for stimulus packages, legislative bailouts, or executive orders. The evidence is mounting because [a] the situation is as bad as it looks and it is getting worse and [b] the administration ran…[...]

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Tags: Clinton, depression, Eleanor Roosevelt, jobs, judiciary, McCain, Obama, Pelosi, recession, State Courts, Supreme Court
Posted in bubble, Corruption, Eviction, securities fraud |

NAFTA-GATEThe mortgage meltdown is a by product of many different unsavory things. One of them is the effect of NAFTA and our complete lack of control over our borders which has suddenly sliced into the ability of middle-class to keep their job, get a job or earn enough to pay the mortgage and other expenses, even with multiple incomes. NAFTA-GATE is…[...]

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Tags: Barack Obama, Canada, dishonesty, Hillary Clinton, jobs, NAFTA, NAFTA-Gate
Posted in bubble, Corruption, securities fraud, Uncategorized |

It's 3a.m., the phone rings. A girl with an apron answers and says "Thanks for calling Crispy Creme." Hillary places her order for Bill. The fact is that none of the three candidates --- McCain, Obama, or Clinton have ever had that 3am call nor have they ever had to make an executive decision in a national crisis. On experience…[...]

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Tags: Clinton, executive. oversight, McCain, Obama
Posted in Eviction |

By Gail Liberman and Alan LavineLast update: 7:33 p.m. EST March 5, 2008PALM BEACH GARDENS, Fla. (MarketWatch) -- Get out an extra-powerful magnifying glass if you're trying to learn what fees you'll be charged once you open a checking or savings account.A U.S. Government Accountability Office report released this week says getting this information could prove tough. Reason: Consumers are…[...]

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Tags: accounts, bank, disclosures, fees
Posted in bubble, Eviction |

The problem for homeowners is that however many ideas are put forward they won't be effective in time to save most people, they won't be in time to save the economy, and they won't be in time to save our currency from further wrenching devaluation. It is the fierce urgency of now that cannot even wait to the election or…[...]

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Tags: civil procedure, foreclosure defense, lawyers, mediation, Supreme Court
Posted in bubble, Eviction |

[Code of Federal Regulations][Title 12, Volume 3][Revised as of January 1, 2007]From the U.S. Government Printing Office via GPO Access[CITE: 12CFR226.4][Page 269-271]                        TITLE 12--BANKS AND BANKING                    CHAPTER II--FEDERAL RESERVE SYSTEM PART 226_TRUTH IN LENDING (REGULATION Z)--Table of Contents            …[...]

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Tags: actual charges versus disclosure, Disclosure versus actual documentation, TIL, Truth in Lending Act
Posted in bubble, Eviction, securities fraud |