In addition to the OPEC covering Wall Street Journal reporter, David Bird, who went missing on January 10, 2014, within two weeks, at least seven high profile financial executives have died under mysterious circumstances.
On January 26, 2014, Tim Dickenson, a U.K.-based communications director at Swiss Re AG, died The circumstances surrounding his death are undisclosed.
That same day, William Broeksmit, a former senior manager at Deutsche Bank--under investigation for potentially rigging the Foreign Exchange markets-- with close ties to co-Chief Executive Anshu Jain, was found hanging in his home, from an apparent suicide.
The next day, January 27, 2014, 51-year old Karl Slym, handpicked by Ratan Tata to revive the fortunes of Tata Motors in India, died in Bangkok on Sunday in a freak accident at the hotel where he was staying. Police said he may have committed suicide.
The next day, January 28, 2014, Gabriel Magee, a 39-year-old senior manager at JP Morgan’s European headquarters, jumped 500ft from the top of the bank’s headquarters in central London on January 27, landing on an adjacent 9 story roof.
The next day, January 29, 2014, Mike Dueker, the chief economist at Russell Investments, fell down a 50 foot embankment in what police described as a suicide.
“Mike Dueker, the chief economist at Russell Investments, was found dead at the side of a highway that leads to the Tacoma Narrows Bridge in Washington state, according to the Pierce County Sheriff’s Department. He was 50.
He may have jumped over a 4-foot (1.2-meter) fence before falling down a 40- to 50-foot embankment, Pierce County Detective Ed Troyer said yesterday. He said the death appeared to be a suicide.
Then, on February 3, 2014, 37-year old, JP Morgan Global Equities Trading Executive, Ryan Henry Crane, was found dead. Crane, who oversaw the trade platforms had close working ties to the aforementioned deceased Gabriel Magee of JP Morgan's London office. The cause of death will be determined when a toxicology report is completed in about six weeks.
Soon after, on February 7, 2014, Richard Talley, 57, founder of American Title Services in Centennial, Colorado, was found dead after apparently shooting himself seven or eight times in the head and chest with a nail gun. Suicide? Really? That ranks up there with strangling oneself as Veritas Capital Founder Robert B. McKeon--who later purchased DynCorp, the private military contractor with a history of child trafficking--apparently accomplished.
So what's going on, here? Were these men killed because they knew too much? Did they flip during prosecution investigation? Thus, assassinated to prevent insider testimony concerning the colossal multi-trillion dollar fraud in the global financial casino ? Or did they all just decide to kill themselves after reading the writing on the wall?
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Is the response to the 2008 financial meltdown a band-aid fix that "punished none of the financial abusers, propped up the major culprits at the expense of consumers and taxpayers, and brought us closer to an even worse disaster?" That is the question radio host Thom Hartmann, author of “The Crash of 2016: The Plot to Destroy America and What We Can Do to Stop It,” answers on NPR's show, The Takeaway..
Hartmann claims the crash of 2008, that really began in 2006 when housing started to collapse, is still ongoing, despite the over-the-top performance of the stock market. Millions of people have fallen out of the middle class since the 1980s, including 700,000 in the last couple of years, driving wealth inequality to an all time high. These enormous concentrations of wealth are not being used productively in the economy as they are invested internationally and stored in Swiss bank accounts.
One of the main problems is that banking has replaced manufacturing as the fundamental impetus of our economy, yet it creates no wealth, not to mention, Glass-Steagall Act (1933) has never been replaced so the banks are still gambling with our deposits. Then there is the the quantitative easing program that's devaluing our currency more and more every day. Half of the program is buying toxic securities--junk--from the banks to the tune of $35-$40 billion per month. That is they're buying junk left on the books of the banks left over from the unregulated derivatives market that Phil Gramm created in 1999 and 2000 when the Gramm-Leach-Bliley (GLB) Act of 1999 was passed and even more importantly, the Commodities Futures Modernization Act (CFMA) a law that opened the door to unregulated trading of credit default swaps, the financial instruments blamed, for the 2008 economic meltdown. The passing of this Act catapulted the derivatives market to $800 trillion in 2008! (Keep in mind, the GDP of the entire planet is $65 trillion.) Right after the crash in 2008, It fell to $500 trillion, but according to the Bank of International Settlements it's back up to $800 trillion!
Since the wheels of commerce started to spin, there's always been some sort of commodities futures market in play, where farmers and merchants could lock in on actual physical things--pork bellies, wheat, oil, etc.--in advance at a fixed price. Up until 2000, the commodities futures market ran through the Chicago Board of Trade and has always been transparent. For example, airlines could hedge their bets by buying futures in oil. With the CFMA it became possible to make these kind of bets on the non-physical, and it became possible to make bets on bets on bets. In other words, they've created an economy that has absolutely no value!
At the expense of the American public (devastating austerity and elimination of the middle-class), 2008 ushered in government bail-outs in order to preserve Wall Street's corrupt and bankrupt system., but what about government bail-ins (confiscation of bank deposits), the likes of which we saw occur in Cyprus, Greece? In addition to bail-outs, so far, we've been witness to severe austerity measures targeted at the masses, including sequestration, a dog-and-pony-show government shutdown, and massive cuts to food stamp that essentially puts a stranglehold on economic recovery (for the masses), not to mention the threat of default. There is no doubt that the intention is to strip away what is left of the social safety net at a time when its most needed. Meanwhile, J.P. Morgan, Goldman Sachs, Bank of America, Citibank, Deutsche Bank, etc., have not only evaded any and all consequences of their egregious actions, they are generously rewarded as they continue to gamble with taxpayer money. It doesn't take a rocket scientist to see what's going on here.
These austerity measures disproportionately affect children, seniors, and people with disabilities. According to the Center on Budget and Policy Priorities (CBPP), this recent $5 billion cut will average less than $1.40 per person per meal and jeopardize the strength of the current economic recovery. Moreover, according to theCenter for American Progress (CAP) "each $1 billion dollar reduction in the Supplemental Nutrition Assistance Program eliminates 13,718 jobs," resulting in more than 68,000 job losses in the coming year.
Keep in mind that programs such as SNAP have what economists call a "multiplier effect"—in other words, "a dollar given to an entitlement recipient has amplified economic benefits. In this case, those consist primarily of the grocers who benefit when food stamp users shop in their stores. The estimated multiplier effect for food stamps is as high as 2 to 1."
The report, "Nourishing Change: Fulfilling the Right to Food in the United States," released by the International Human Rights Clinic (IHRC) at the New York University School of Law is timely as our government cut at least $5 billion-with many more cuts to come-- from the government's already inadequate $80 billion food stamp program, Supplemental Nutrition Assistance Program (SNAP), in the Farm Bill. This report cites a study by the Center for American Progress, that calculates the "hunger bill" for the country, which includes the costs of treating illnesses and other medical conditions related to food insecurity, the impact of hunger on educational outcomes and lifetime earning potential, and the costs of running charity-based emergency food programs. For 2010, that bill came to $167.5 billion. For about half of that, $83 billion, the Center says we could extend the SNAP program to all food insecure households.
Okay, back to bail-ins. It's the Dodd-Frank Act that passed in 2010-- it took up 848 pages at the time, as of July 2012 an additional 8,843 pages of rules were added, representing only 30% of the rules to-be-written. The estimate for the final length of the Act is 30,000 pages --that provides the legal framework for bail-ins.
According to the April 24, 2012 IMF report, conversion of bank debt to stock is an essential element of bail-in included in Dodd-Frank. “The contribution of new capital will come from debt conversion and/or issuance of new equity, with an elimination or significant dilution of the pre-bail in shareholders. ...Some measures might be necessary to reduce the risk of a ‘death spiral’ in share prices.” In the language of Dodd-Frank, this will “ensure that unsecured creditors bear losses.”
Under the existing legislation, the FDIC has the power to impose losses on unsecured creditors in the process of resolving failing banks. For example, the FDIC resolved Washington Mutual under the least-cost resolution method in 2008 and imposed serious losses on the unsecured creditors and uninsured depositors (deposit amount above USD 100,000). The Orderly Liquidation Authority (OLA) established under the Dodd-Frank Act further expands the resolution authority of FDIC. Subject to certain conditions, the FDIC now also has the powers to cherry-pick which assets and liabilities to transfer to a third party and treating similarly situated creditors differently, eg: favoring short-term creditors over long-term creditors or favoring operating creditors over lenders or bondholders. -- Economist, Nouriel Roubini
The U.S. is far from the only nation with provisions for bail-ins:
Fractional reserve banking dates back to the seventeenth century, when trade was conducted primarily in gold and silver coins. It predates the existence of governmental monetary authorities and originated when bankers realized that not all depositors demand payment at the same time.
From the Chicago Federal Reserve in a booklet called “Modern Money Mechanics”:
“It started with goldsmiths. As early bankers, they initially provided safekeeping services, making a profit from vault storage fees for gold and coins deposited with them. People would redeem their “deposit receipts” whenever they needed gold or coins to purchase something, and physically take the gold or coins to the seller who, in turn, would deposit them for safekeeping, often with the same banker. Everyone soon found that it was a lot easier simply to use the deposit receipts directly as a means of payment. These receipts, which became known as notes, were acceptable as money since whoever held them could go to the banker and exchange them for metallic money.
“Then, bankers discovered that they could make loans merely by giving their promises to pay, or bank notes, to borrowers. In this way, banks began to create money. More notes could be issued than the gold and coin on hand because only a portion of the notes outstanding would be presented for payment at any one time. Enough metallic money had to be kept on hand, of course, to redeem whatever volume of notes was presented for payment.
“Transaction deposits are the modern counterpart of bank notes. It was a small step from printing notes to making book entries crediting deposits of borrowers, which the borrowers in turn could ‘spend’ by writing checks, thereby ‘printing’ their own money.”
Regarding the mathematical impossibility inherent in a system of bank-created money lent at interest:
“[I]magine the first bank which prints and lends out $100. For its efforts it asks for the borrower to return $110 in one year; that is it asks for 10% interest. Unwittingly, or maybe wittingly, the bank has created a mathematically impossible situation. The only way in which the borrower can return 110 of the bank’s notes is if the bank prints, and lends, $10 more at 10% interest . . . . The result of creating 100 and demanding 110 in return, is that the collective borrowers of a nation are forever chasing a phantom which can never be caught; the mythical $10 that were never created. The debt in fact is unrepayable. Each time $100 is created for the nation, the nation’s overall indebtedness to the system is increased by $110. The only solution at present is increased borrowing to cover the principal plus the interest of what has been borrowed.” -- Roger Langrick, author of "A Monetary System for the New Millennium,”
Many people think that genocide means the complete extermination of a race or people. The Genocide Convention, however, adopted by the General Assembly of the United Nations on December 9, 1948, defines genocide as not only “killing members of the group,” but also, “causing serious bodily or mental harm to members of the group.” Hence, from the results we've seen--only the tip of the iceberg--it can be ascertained that the "War on Drugs" is an international effort to destroy what the global power elites deem as "undesirable" elements. If the poor person--usually of color--is not murdered, he's sent to prison on possession charges, therefore, ruined...his ability to make a living from that point on rendered practically impossible.
The American War on Drugs, as well as the Mexican War on Drugs, and all other wars-on-drugs have been waged almost exclusively in poor communities of color--according to the justice department, white people are 5 times more likely to be found with drugs but black are 10 times more likely to go to jail-- even though people of all colors and economic status use and sell illegal drugs. Rather than eradicating drugs, the narco-economy has grown so powerful that human lives are often considered the price of doing business.
Nevertheless, we're led to believe that the evils that haunt the oppressed in America, and everywhere else, are the fault of the oppressed. Nothing can be further from the truth. If you dig deep enough--beyond the commercial media--you will find hard evidence that shows the governments of the U.S. and Europe, through various agencies, like that of intelligence agencies, no doubt, provide direct and indirect support for the drug cartels, not to mention other oppressive mechanisms (prison industrial complex).
But the government(s) certainly put on a good show in an effort to act as if they're not part of this huge criminal enterprise. For instance, today, the US is supposedly outraged over the release, "from prison of Mexican drug lord Rafael Caro Quintero and vowed to continue efforts to bring to justice the man who ordered the killing of a U.S. Drug Enforcement Administration agent." However, the US government’s complicity in Caro Quintero’s narco-trafficking business, and, even in the Camarena’s gruesome murder, is ignored.
In 1985, Mexico’s intelligence service, the Federal Security Directorate, or DFS in its Spanish initials and the CIA were not only working in unison according to Charles Bowden who wrote the book, Down by the River: Drugs, Money, Murder, and Family , but were in league with Mexico’s narco-traffickers. The DFS was disbanded in 1985, and integrated into Mexico’s version of the CIA, called CISEN (Spanish initials). CISEN still works in unison with US agencies and officials, including the CIA.
“Camarena brushes off Jordan’s alarm by noting that DFS is trained by the CIA and is functionally a unit in their mysterious work. And he says they are also functionally “the eyes and ears of the cartels.”
“In March of 1983, Plumlee contacted my Denver Senate Office and met with Mr. Bill Holen of my Senate Staff. During the initial meeting, Mr. Plumlee raised certain allegations concerning U.S. foreign and military policy toward Nicaragua and the use of covert activities by U.S. Intelligence agencies.
… Mr. Plumlee also stated that Mexico, Costa Rica, Guatemala and El Salvador were providing U.S. military personnel access to secret landing field and various staging areas scattered throughout Central America.
He specifically cited the Mexican government’s direct knowledge of illegal arms shipments and narcotic smuggling activities that were taking place out of a civilian ranch in the Veracruz area which were under the control and sponsorship of Rafael Caro-Quintero and the Luis Jorge Ochoa branch of the Medellin Escobar Cartel.
… Mr. Plumlee raised several issues including that covert U.S. intelligence agencies were directly involved in the smuggling and distribution of drugs to raise funds for covert military operations against the government of Nicaragua. …
More recently, just last year HSBC Bank was caught red-handed launderingbillions of dollars for multiple Mexican drug cartels. What happened? Eric Holder declined to prosecute. In fact, HSBC was let off the hook entirely until someone in the media caught wind of the story. In the end, HSBC settled for what amounted to a minor fine. Wachovia Bank, now Wells Fargo, is another recent example of an institution caught red handed laundering untold millions of drug profits. Once again, the tip of the iceberg because most of these illustrious institutions do not get caught.
“Wachovia’s blatant disregard for our banking laws gave international cocaine cartels a virtual carte blanche to finance their operations,” as tens of thousands of Mexicans were killed in an exponentially violent drug war.
In a nutshell, no jail time for these organized criminals at the top of the food chain who brought down the world economy, only, secret bailouts, which Wells Fargo received, $159 Billion, in 2010, revealed when the Fed was partially audited and that was one of the smaller bailouts. If that doesn't tell you whose side the government's on, nothing will.
Visit the narcosphere. It reports real information about the drug wars.
Links:
Civil Rights Congress, We Charge Genocide: The Historic Petition to the United Nations for Relief From a Crime of The United States Government Against the Negro People (New York: Civil Rights Congress, 1951), pp xi-xiii, 3-10.
“Transnational criminal enterprises have annually invested millions of dollars to create and staff international drug and human smuggling networks inside the United States; thus it is no surprise that they continue to accelerate their efforts to get trusted representatives in place as a means to guarantee continued success,” the Border Patrol agents wrote.
As a haven for tax evaders and money launderers, and the home of Bank for International Settlements (BIS), the world's central bank--accountable to no one--I always questioned the letter and spirit of Swiss neutrality, especially during WWII. Despite its neutral, tolerant (women didn't get the right to vote until 1971!), and peaceful image, Switzerland has a strong military, and I might add,racist, tradition. Ironically, it is Europe's best-armed nation. Military service remains compulsory for male citizens under the constitution. Moreover, for such a neutral country, they sure are very involvedin the affairs of the international community.
“The country has been a member of the UN since 2002, although it has, in fact, fully participated in the activities of the specialised agencies such as Unesco, WHO, FAO, ILO, Unicef and others, for decades.
A nationwide vote was needed to join the world body and some 55% voted in favour. Switzerland is a member of Nato's Partnership for Peace program, but there are no plans to join the military alliance, as this would compromise neutrality.
UN membership has been hailed as a major step forward into the concert of nations but, in fact, Switzerland has continually supported international peace efforts since the Second World War, while stopping short of joining UN peacekeeping forces.
The country has been involved in truce supervision work following the Korean War, and in the Middle East since 1967. Swiss election observers have been sent to Africa and eastern Europe, and a 220-strong Swiss army company (Swisscoy) has been stationed for several years in Kosovo in support of international peacekeeping efforts in the Balkans.
Switzerland was an early member of the Council of Europe, and more recently of the Organisation for Security and Cooperation in Europe (OSCE).
And isn't it a little suspicious that this neutral policy greatly benefits and protects the same group that signed the Act on the Neutrality of Switzerlandinto existence: the powerful? Originally, it was the Great Powers (Austria, Britain, France, Prussia and Russia), but, nevertheless, continues to benefit and protect the assets of the wealthiest and most powerful individuals on earth.
I mean, what made Switzerland so special that even Hitler himself seemed to respect their impartial status? Could it be that Switzerland was a secret lifeline, an endless stream of revenue for the Nazi dictator? The answer is yes, and to be fair, it was a two-way street, as there is no question that Switzerland, as well as many other great powers profited greatly from the Fuehrer's victims. Five BIS directors were tried for war crimes after WWII. Of the five, three were convicted, but served very little time.
Swiss banks not only helped fund the Nazi war effort by accepting gold and other assets, they laundered the money that Germany could use to buy material, and accept looted property that was being held for top Nazi officials; Switzerland also made it possible for top Nazi officers to escape justice. Even worse, until very recently, Swiss bank officials refused to help Holocaust survivors and the families of its victims claim THEIR assets, insisting, among other things, on death certificates for people who perished in the concentration camps.
Interestingly, the dissolution of the Knights Templar occurred at the same time as the founding of Switzerland...okay, two months later. The Swiss cross is a simplified Templar's cross, using the same color combination. Look at the following pictures of the Nazis invading Poland in 1939. Notice the distinctive white crosses--the same cross displayed on the Swiss flag--on the tanks, which, mysteriously disappeared from view at a later time. Make of it what you will.
Nazi tanks roll into Poland - September 1939
Germans invade Poland - September 1939
“The Power of financial capitalism had [a] far reaching plan, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.
This system was to be controlled in a feudalistic fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences.
The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks, which were themselves private corporations.
Each central bank sought to dominate its government by its ability to control treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence co-operative politicians by subsequent rewards in the business world." -- Carrol Quigley, Tragedy and Hope, 1966 - [Bill Clinton's mentor and Georgetown University professor]
Remember the GAO audit released on July 21, 2011, discovering $16.1 trillion went to foreign banks, and foreign corporations in addition to domestic banks and corporations? Well, apparently you can add $9 trillion that's supposedly unaccounted for, or lost. And let's not forget the $2.3 trillion missing from the Pentagon, announced by Donald Rumsfeld on 9/10/2001.
“Money? What money. There hasn't been REAL money on this planet in decades. This digital horseshit called currency isn't even backed by shit. It's absolutely worthless. The banks print money from thin air, loan it to you with interest and when you can't repay the loan, they take all you own. What an ingenious idea of getting something tangible for nothing.
The Parasites That Be are spending and losing like drunken sailors because they know it's crap and it's going to collapse. They better get as much as they can before it's too late.
Below, Rep. Alan Grayson questions Inspector General Elizabeth Coleman in 2009 as to where $9 Trillion went. She responds that she has no idea.
In 2008, U.S. foreclosure filings shot up by 81% nationwide, and since the financial crisis began in September 2008, there have been almost 5 million completed foreclosures across the country, with millions more expected over the next few years. It's easy to conclude that this disaster was merely a result of incompetence but when you add up all of the facts, it becomes clear this calamity was the result of something much more Machiavellian (“Machiavellism” justifies power politics without ethical standards) at work. Moreover these Machiavellian powers are doing everything in their power to continue the biggest financial swindle in history. And if you think you're in the clear just because you haven't been foreclosed upon, think again.
By design, it's very confusing, so the following is my attempt to clarify matters for myself as well as for anyone else who might be interested.
Firstly, we were set up. Since the early to mid 1990s, in particular, Americans were strongly encouraged to buy their own home...whatever it takes, get yourself a home. Policies and programs (guarantees, tax breaks, etc.) were created to encourage home ownership, to finance the "American Dream". And it worked. The government pushed home ownership past 69% in 2004. Not to mention, the banks opened up the floodgates and made credit available to anyone, regardless of income. In fact, between 2003-2008, income wasn't even required! NINJA (No Income No Job No Asset) loans and LIAR loans-loans structured to fail--predominated.
Meanwhile, Wall Street was ready to cash in on the financial ignorance of We, the Suckers. Thanks to the creation of MERS ( Mortgage Electronic Registration Systems, Inc. a subsidiary of MERSCORP, Inc.), in 1995, and the securitization instruments like SPVs (Special Purpose Vehicle) or SIV (Special Investment Vehicle) they were all set up to track the transfers electronically on Wall Street, obfuscating the chain of title, as our promissory notes, split off from the deed, were securatized-- sliced and diced and sold and resold 30 times over--without our permission. Hello robo-signing! Of course, nothing was recorded in the land records, and the counties were not paid their fees. In other words, the chain of title goes one way and the chain of custody, (the movement and location of physical evidence from the time it is obtained until the time it is presented in court) the other.
Most of us presume the chain of title on our property is clean and in order, however, you may be shocked to find out otherwise, especially if you brought your home after 1997. The financial swindlers who created the mortgage loan securitization scam made sure of it. Even if you are current--paying your mortgage on time every month--if you settled anytime over the last two decades, there is a very good chance you have a cloud on your titleto the note.
What is a clouded title? It's an apparent claim or encumbrance, such as a lien, that, if true, impairs the right of the owner to transfer his or her property free and clear of the interests of any other party. In other words, a breach in your chain of title that might jeopardize the conveyance of that title. Obviously this could very well reduce the value and marketability of your property.
How can you tell? Well, it's highly recommended you either do, or get a COTA (Chain of Title Assessment), a forensic loan audit to to determine if it was properly executed, especially to uncover any of the various misapplications of borrower's payments that generate revenue for the servicer, and/or a securitization audit which is directed at the REMIC process of sponsoring and registering the trust and its issuance of securities (Watch out for scams!). Keep in mind, the information gathered during these audits are just that, information, until it's submitted as evidence and the judge decides that the information is accurate and clearly demonstrates error or wrongdoing on the part of the other party, not to mention the judge's acceptance of the person who conducted the audit as credible.
But before you begin this arduous task, get out your deed of trust and look for a MIN # (MERS Identification Number). It should be right next to your document title. If you see this number, it's almost certain your title has been compromised, as over 70 million homes are affected. The bottom line is that the homeowner is not obliged to pay the WRONG lender!
Remember, MERS is a shell entity, a bankruptcy remote entity that is basically a computer. It has no employees, no assets, no liabilities, no income, and no expenses. It’s an electronic database managed by MERS Corp Holding, INC It is the brainchild of the Mortgage Bankers Association – Fannie Mae, Freddie Mac, land title association and all the major banks, yet it.has essentially destroyed 400 years of recorded property rights in the U.S. And, as admitted in testimony, most of the original notes were destroyed after the scanning, which, according to Carpenter v. Longan - 83 U.S. 271 (1872), the uncoupling of the deed and the note renders the note null and void. Hence, without the original promissory note, any copies used as evidence in court are sure to be counterfeit. So how are the banks getting around this issue? Well, so far, the ignorance of the public, and the supposed ignorance of the attorneys and judges seems to be working out quite well for them. Nevertheless, now that people are waking up to their scheme, the banks are doing their utmost to create pro-bankster legislation and there are already plans to legalize these counterfeit notes, which they will call eNotes and eMortgages.
Let's take the state of Florida as an example. Currently, there is a backlog of 366,250 foreclosure cases just sitting there waiting to be processed, not to mention, they expect another 680,000 foreclosures within the next three years. What are they waiting for? More than likely, Florida's fast-track foreclosure bill, H.B. 87 to go through.
H.B. 87 is very likely to become law by mid-June unless Governor Rick Scott decides to exercise his veto power, which seems unlikely at this point. This is a gift to the banks and to make matters even worse, they’re using the foreclosure settlement money to run it through. If this bill becomes law, it essentially gives banks that wrongfully foreclose on your property a go pass. They get to keep the house and the homeowner can’t come back and claim they’ve been wronged.
“Significantly, the new legislation will shift the burden of proof in mortgage foreclosure cases from the plaintiff (bank), to the defendant (homeowner). Thus, if H.B. 87 is ratified, the homeowner will now have to prove that the bank lacks the legal right to foreclose at the very onset of the proceedings. This shift will significantly restrict the homeowner’s ability to defend the case as banks will now be able to seek what is being termed an “expedited foreclosure.”
A title agent addressing the subcommittee on this fast-track foreclosure bill warned them not to buy a foreclosed property because it's almost impossible to tell which titles are infected with fraud. Of course, it's not just Florida; it's nationwide. According to HUD and Fannie and Freddie, the majority of foreclosure inventory that they'll try to sell to unsuspecting people is concentrated in California, Florida, Georgia, Illinois, Minnesota, Missouri, Michigan, Ohio, Texas. They've even admitted to relying on companies like Fidelity National Financial which has a huge myriad of title companies to whitewash the titles to these properties. In other words, when you buy one of these properties, you're indemnifying them from suit.
Pro Bankster Legislation:
H.R. 992 - This bill exempts broad swathes of trades from new regulation and could authorize bailouts for credit default swaps
H.B. 87 - see above
Washington State Bill SHB 1435 covers up the felonious business practices by covering up reconveyance issues in allowing banks to foreclose without providing official promissary note. All they will have to present is a Declaration of Ownership. These properties are being reconveyed regularly by the large lending institutions with only a “Lost Note Affidavit” and an indemnity agreement between the parties.
“Escrow and title are not bringing the original note to the table. We need a bill that mandates producing the original note, not a copy or an affidavit, before a reconveyance can occur. A homeowner does not know if they are paying off the right bank since the loan is securitized and serviced. This bill will create more red tape for the borrower and cause fraudulent defaults and foreclosure. This is not addressing the real problem, but rather it is
covering it up.“
What about government's role?
Now, banks are only part of the equation. Without the protection of government, in particular, the justice department, this treasonous deception would've failed before it started. To be sure, from the get go, our oh-so-trustworthy politicians and the banksters marched in lockstep.
From the government encouragement of home ownership to the repeal of Glass-Steagall to deregulation to the resignation of Criminal Division Chief, Lanny Breuer after a Frontline documentary aired, exposing his role--and Eric Holder's role-- in allowing the banksters to bury their crimes to Breuer's return to Covington and Burling, one of Washington's biggest white shoe law firms to represent MERS in court, to the persecution, silencing and yes, even death of whistleblowers, such as Dr. Joseph H. Zernik, Ph.D. and now deceased notary, Tracy Lawrence, Lynn Szymoniak, Kyle Lagow, amongst many others, the banks and government ensure its progression.
It’s important to emphasize that the whistleblowers whose actions were False Claims Act cases involving fraud against the federal government have legal protection whereas if your whistleblowing case does NOT fall within the narrow confines of this law, you have NO legal protections and it is practically impossible to get media attention and/or legal representation even if you have money to pay attorneys.
“I believe that the level of corruption in Los Angeles increased, but also diversified. The collapse of the housing market is a huge court corruption scandal, where the judges and the bankers are acting as a racket.
And Los Angeles was identified already in the early 2000s in FBI reports as ‘the epicenter of the epidemic of real estate and mortgage fraud.’ In my reports I documented that at least as early as 1998 they had a routine for real estate fraud in the court in collusion with a straw purchaser.
The fraud being perpetrated on the people of the United States in recent years through the financial crisis is unprecedented in human history, and it results in dispossession of the people on a scale typically seen only in war.” -- Dr. Joseph H. Zernik, in hiding since 2010
What is a REMIC (Real Estate Mortgage Investment Conduit)? They are a form of IRS tax shelter sold to investors as part of the mortgage-backed securities package (Real Estate Mortgage Investment Conduit (“REMIC”) pursuant to I.R.C. §§860A-G). The documents that killed the REMICs may actually help save your home.
“Actually, the banks patented nearly every single move they made – even the behavioral aspects of dealing with the customers, judges, politicians, etc. as if to legitimize their scheme...The patent extensively outlines the legal requirements for the magical change of the negotiable promissory note into securities instruments chopped up into pieces for distribution to numerous investors who were to become the “Certificate-holders” of securitized REMIC trusts."
Japan has debt that is 20 times its annual tax revenue which essentially means it is already insolvent. So, in a giant experiment, Japan's central bank made a drastic shift in monetary policy today, it's doubling its monetary base.
The first real test of establishing America’s commitment to "democracy" came from Greece after WWII. During the war, theLeft Wing National Liberation Fronthad provided the majority of resistance to the Nazis. It also set up interim governments across the nation. Though its military government leaders were communist, the partisan governments bore no resemblance to Stalinist Russia. They were decentralized and participatory. The peasants were treated fairly and their status, raised. It was a real people’s government. The goal was to make Greece independent, free from all ties.
But Winston Churchill claimed anarchy and demanded the return of the monarchy. He wanted to keep Greece in their sphere of influence in the Mediterranean for their own political ends. In other words, they wanted to restore the old order in Greece. They wanted the King back on his throne because he was the best guarantee of British interest in Greece: political, economic, and strategic, despite the fact that all of the Greek people hated the oppressive regime of the King.
So America stepped in and a network of concentration camps were set up across the Greek islands while right winged death squads terrorized villages. A favorite technique was beheading. President Truman gave $400 million to aid in restoring the old order. In 1947, 74,000 tons of military equipment was sent to Greece including massive stocks of napalm, and during the Civil War in Greece, the Truman Doctrine was announced which was in effect to crush the peasant and worker based anti-Nazi resistance and restore the traditional fascist order. As a result, 150,000 Greeks were killed. Greece was the first major police task which the United States took on in the postwar world.
Fast forward almost 60 years, and the European feudal system is scapegoating Greece, along with its tiny neighbor,Cyprus --many Cypriots consider themselves Greeks; they share the same National Anthem, are Orthodox and of course they speak Greek--once again, only this time, instead of tanks, they're using banks.
"At least 1,600 Greek businesses - from shipping, retail to tourism - will suffer from the Cyprus bailout deal announced on Sunday after a showdown between Brussels and Nicosia, according to Vasilis Korkidis, head of the National Confederation of Greek Commerce (ESEE).
“The tragic situation in Cyprus will certainly have immediate effects on the Greek market, since a large part of the domestic businesses maintain close ties with Cypriot companies,” Korkidis said in a statement on Tuesday. He was particularly critical of the capital controls and the impending haircut on large deposits (over 100,000 euros) expected to be more than 40%.
Greece's exports to Cyprus exceed 1billion euros annually and the country is Cyprus’ biggest trade partner, followed by the United Kingdom and Germany.
According to Korkidis, the Eurogroup’s Cyprus deal establishes new, severely punitive rules for countries needing emergency aid in the future.
He also slammed the Eurogroup deal (which he called the "German plan" to stress the key role played by German Chancellor Angela Merkel in the negotiations) for “crippling” Cyprus. He said the deal is “tragic” because it “sentences” Cyprus - the country’s markets and economy - to a long period of recession and debt.
Without blinking an eye, the troika of International Monetary Fund, European Commission and European Central Bank (ECB) wipes out the savings of a people, while imposing draconian capital controls, sentencing two populations to generations of debt slavery. This is the new model. Other countries will surely follow.
With every passing day, it becomes clearer and clearer the Cyprus deposit confiscation "news" was the most unsurprising outcome for the nation's financial system and was known by virtually everyone on the ground days and weeks in advance: first it was disclosed that Russians had been pulling their money, then it was suggested the president himself had made sure some €21 million of his family's money was parked safely in London, then we showed a massive surge in Cyprus deposit outflows in February, and now the latest news is that a list of 132 companies and individuals has emerged who withdrew their €-denominated deposits in the two weeks from March 1 to March 15, among which the previously noted company Loutsios & Sons which is alleged to have ties with the current Cypriot president Anastasiadis.
"Money transfers made within 15 days, namely from 1 until March 15. On Friday, March 15, had met the Eurogroup, which officially decided to impose a tax on deposits by companies and individuals in all financial institutions in Cyprus.
These 132 companies and individuals have withdrawn all deposits in euros, dollars and rubles, which were transferred to other banks outside Cyprus.
The disclosure of the list, which shows that the outflow of deposits from local banks other financial institutions outside Cyprus became massively raises suspicion that some had inside information about the decisions taken by the other 16 eurozone countries in exchange for financing deficits of the economy.
In listings, and the company is Loutsios and Sons Ltd, which carried 21 million deposit in a UK bank, while the owner of the company is alleged to have family ties with the President of the Republic, Nikos Anastasiadis.
The first column are names of companies and individuals in the second record of the amounts withdrawn in the third column refers to the amount withdrawn in the same currency, the currency in the fourth and the fifth and last column refers to the date of transfer.
Sure, right now, the clear winner from the Cyprus crisis is the US dollar, which stands to benefit from public and private flows after the euro's reserve currency takes another hit. Today, the euro fell to its lowest against the US dollar in four months and the dollar came in just below its 52 week high. However, don't get too complacent because Cyprus is the canary in the coal mine, a petri dish, but unlike a petri dish, it will not be contained. It will affect the European markets and extend into the U.S.becoming the new modelfor bank bailouts, where money is directly confiscated from our bank accounts, not to mention, the fundamental breach in the public trust on which money relies.
"As it stands now, nowhere in Cyprus accepts credit or debit cards anymore for fear of not being paid, it is CASH ONLY. Businesses have stopped functioning because they cannot pay employees OR pay for the stock they receive because the banks are closed. If the banks remain closed, the economy will be destroyed and STOP COMPLETELY. Looting, robberies and theft are already on the rise. If the banks open now, there will be a massive run on the bank, and the banks will FAIL loosing all of its deposits, also causing an economic crash. TONIGHT there are demonstrations at most street corners and especially at the parliament building (just 2 miles from me).
Many are thinking that the ECB and EU are allowing Cyprus to fail as a test ground for new financial standards.
Just wanted all you guys to know the real story of whats going on here. Prayers are appreciated (although this is very interesting to watch) many of my local friends have lots of money in the banks.
You see, the entire western banking model is built on the dollar. So with the crisis in Europe, the flight to the dollar and flight to U.S. treasuries, makes the dollar the last safe haven. However, once everyone’s on board this “lifeboat” full of holes will be pushed out to sea and sunk. Then, what do we do? Why, bring on the global currency, of course.
What leads me and others far more knowledgeable than me to this dreadful conclusion?
Well, it's not just Cyprus, it's what lies beneath Cyprus, and practically every economy in the world: the toxicity of the$1.2 quadrillion derivatives market. Eventually, the cascading domino destruction of global economies will occur largely due to this monstrosity that's rarely mentioned. The Eurozone is over leveraged on a tremendous amount of American sub-prime mortgages, a ton of derivative debt – collateralized debt obligations (cdo), credit default swaps—sold throughout the world via Wall Street.
Keep in mind, the Bank for International Settlements in Europe acts as an umbrella for all the central banks world-wide. But beware, the BIS downplays the total notional value of the global derivatives market, although, even at $600 trillion, that's much larger than the global economy by far. Anyway, nobody really knows the real amount, but when this derivatives bubble finally bursts there is not going to be nearly enough money on the entire planet to fix things.
First, let me state that I am 100% against the death penalty for any reason, however, this is the first time--as far as I know-- that banksters will be punished for participating in the destabilization of the global economy. An Iranian court dished out four death sentences in the country's biggest bank-fraud scandal to date: the embezzlement of $2.6 billion.
Constitution of the Islamic republic Article 49
"The government has the responsibility of confiscating all wealth accumulated through usury, usurpation, bribery, embezzlement, theft, gambling, misuse of endowments, misuse of government contracts and transactions, the sale of uncultivated lands and other resources subject to public ownership, the operation of centers of corruption, and other illicit means and sources, and restoring it to its legitimate owner; and if no such owner can be identified, it must be entrusted to the public treasury. This rule must be executed by the government with due care, after investigation and furnishing necessary evidence in accordance with the law of Islam.
Now Iran's "justice" system is barbaric and I am in no way promoting this type of oppression. Death sentences in Iran are, in theory, legal for: armed robbery, treason, murder, drug trafficking, rape, pedophilia, sodomy, kidnapping, and terrorism, and I guess, bankster fraud. Regarding sodomy, the Iranian Judiciary does not recognize the concept of sexual orientation, and thus from a legal standpoint there are no homosexuals or bisexuals - only heterosexuals "committing" homosexual acts, which is ludicrous in an of itself. On the other hand, transgendered individuals are classified as a distinct group with legal rights.
Meanwhile, in thewest, the banksters', Wall Street CEOs, Blackwater executives and/or corrupt politicians--aren't they all?--are rewarded with promotions, bonuses, and trillions of dollars in bail-outs. The bottom line is that elite criminals should be prosecuted, not protected.
Read more...
A few years ago I blogged about the "deliberate dumbing down of America" and I included congressional investigator (Reece Committee) Norman Dodd's interview that exposed the charitable trusts and tax-exempt foundation's hidden agenda toward the acceptance of global government based on the principles of socialism which is to be ruled from behind the scenes by those same interests which control the foundations. This interview includes such a wealth of information that I thought I'd post it again, adding to it, some background of what led up to the Reece Committee, and additional information and links.
Some background:
After America had freed the world--winning WWII, that is--by 1950, Eastern Europe and China had fallen to communism. But a U.S. senate investigative committee found that General Chiang Kai-shek had virtually won the civil war against communist China, and was very much committed to creating a democratic form of government. So what happened? Well, the American State Department decided that's not what they wanted and demanded that Chiang Kai-shek form a coalition with the Chinese communists. He refused. So the American State department put an arms embargo on China and saw to it that Chiang Kai-shek did not get the weapons he already purchased. Not only that, his efforts at buying weapons elsewhere were blocked by the State Department.
"The guiding and influencing of [Vice President] Wallace that John Carter Vincent [Chief of the State Department's Division of Chinese Affairs] acknowledged included the following:
(1) He steered the conversations between Chiang and Wallace during the mission toward a settlement between Chiang and the Communists;
(2) he had Wallace emphasize the desire of the United States that Chiang make peace with the Communists;
(3) when Madame Chiang Kai-shek proposed during the conversation that there be a North Pacific Conference, Vincent directed the conversation toward an insistence by Wallace that China and the U.S.S.R. settle first (p.2062);
(4) Vincent conceded he urged Wallace to press that the United States would not aid Chiang until he made his peace with the Soviet Union (pp. 2065-2066);
(5) Vincent kept bringing the conversation back to the question of the United States sending a representative to Communist territory in Yenan, and finally extracted a promise from Chiang that one would be sent (pp. 2060-2061);
(6) when Chiang, recognizing the prestige such an act would give the Communists, argued against it (p.2051), Vincent urged Wallace to stress that the United States was not interested in Chiang's opposition (p.2052) from the Communists but were interested in the military intelligence such a representative would yield (p. 2055);
(7) Later it was shown that Vincent again steered the conversation so that the promise given by Chiang for the representative to Yenan was really nailed down."
Now, the U.S. Congress voted $125 million to be sent to Chiang Kai-shek but the ships were kept in the harbor in San Francisco for months. Finally, when the weapons arrived in China, there was no ammunition to be found, therefore, utterly useless. Without weapons, Chiang Kai-shek and his large army was defeated by a small well-armed communist army in 1949. This is backed up by the 1952 McCarran Committee's report on the Institute for Pacific Relations (IPR) .
The IPR was an organization, financed by the Rockefeller Foundation and the Carnegie Foundation, specifically designed to use as a propaganda tool for the Communists. For instance, they spoke of Mao and Zhou Enlai,as if they were George Washington and Abe Lincoln, and through a carefully crafted propaganda campaign, convinced many in the U.S. that Chinese Communists were not Communists at all. The American State Department got their wish, and the newly formed Chinese government-- that America helped to establish--resulted in the death of up to 80 million Chinese.
After the report on the IPR came out, it sparked a congressional investigation to determine which of these "foundations and organizations are using their resources for purposes other than the purposes for which they were established, and especially to determine which such foundations and organizations are using their resources for un-American and subversive activities or for purposes not in the interest or tradition of the United States." The first of the Congressional Committees to attempt such an investigation was the Cox Committee, created in 1952 under the leadership of Congressman Eugene E.Cox. However, not only did this congressional committee suffer great obstacles, their leader, Congressman Cox died. Fortunately, Congressman Carroll Reece of Tennessee, demanded a new investigation which became the Reece Committee, of which Norman Dodd became director of research.
According to the book, Foundations Their Power and Influence, tremendous pressure was brought to bear on members of Congress to force them to stop the investigation as well as to cut off appropriations. The committee was routinely attacked in the New York Times, Washington Post and all of the major media outlets. Congressman Wayne Hays was appointed to disrupt its hearings.
". . . Mr. Hays told us one day that 'the White House' [Eisenhower] had been in touch with him and asked him if be would cooperate to kill the committee."
What the record quickly shows is that a considerable portion of the IPR activities operated not to discover, analyze, assemble and publish data (the normal primary concern of scholarship and research), but to influence public opinion. The subcommittee noted throughout all the testimony and all the exhibits that so great a portion of the IPR energies went into public relations, lobbying, propaganda, and other activities, having the primary effect of influencing public opinion that it is not correct or adequate to describe the IPR as a scholarly and research organization. Its chief function was rather that of a crucible of United States public opinion on the Far East.
Rowan Gaither [head of the Ford Foundation]: "Those of us here at the policy-making level have all had experience either with the OSS or the European Econmoic Administration in operating under directives the origins of which is the White House. We today operate under just such directives. Would you like to know what the substance of those directives is
Norman Dodd: Yes, Mr. Gaither, I would very much like to know.
Rowan Gaither: The substance of the directives under which we operate is that we shall use our grant-making power so to alter life in the Untied States that we can be comfortably merged with the Soviet Union."
Norman Dodd: "Mr. Gaither, in light of what you just told me, many of your grants make sense, but I don't think you're entitled to withhold this information from the people of this country to whom you are beholden for your tax exemptions so why don't you tell them what you just told me?"
Rowan Gaither: "Mr. Dodd, we would not think of doing that"
Norman Dodd: Well, Mr. Gaither, in answer to your first question, you forced the Congress of the U.S. to spend $150,000 to find out what you just told me.
Once one opens their eyes to the truth behind the carefully crafted presentation of the "truth," it takes some time to reflect upon, and deal with this reality: that our subversive public education system and mainstream media is basically a tool to brainwash, condition, and fool us into compliance with the agenda of the ruling class. As Norman Dodd sincerely points out the ruling class has been scheming to consolidate all the power to rule America by corporate monopoly. Why communism? Because collectivism at centralized levels is easy to manipulate toward a tyrannical government. This type of system needs communitarian law, which is based on the "consensus reached by globalist "do-gooders."
Economic and psychological weapons of destruction rather than full out war...that's the plan. A man in a stupor is harmless. A mind befuddled by reality shows, iPhones, Twitter, Facebook is manageable. So the elite can continue to offshore our jobs and loot the treasury to the tune of trillions of dollars as was the plan all along by aforementioned major subversive forces.
"...explores the history, philosophy, and modern-day implementation of Sustainable Development, Communitarian Law, and Community Policing.
Part-autobiography, part-thesis, and part-guidebook to International Law, this 327-page book introduces Community Law with a mix of personal experiences, field research, and direct quotes from American presidents and international heads of state, domestic and foreign courts, officials, ecclesiastics, gurus, agencies, think tanks, universities and law schools, foundations, conferences, scientific reports, newspapers, and academic journals.
The Roosevelt Neighborhood Plan (Washington) and The Anchorage 2020/Anchorage Bowl Comprehensive Plan (Alaska) are highlighted to show how Local Agenda 21 plans balance individuals, laws, and economic growth. Readers are challenged to consider some of the little-known aspects of Community Economic Development, like mapping and mobilizing human assets, data-mining, innovative militarized policing, mandates for service, global citizenship, the Hegelian Dialectic, and the ancient spiritual foundation for a worldwide, corporate, quasi-religious legal framework.
"Conclusions and Recommendations for the Social Studies", funded by the tax-exempt Carnegie Corporation of New York, published in 1934, is the most important report ever written on the future of American education. All its recommendations and its philosophy are an intrinsic part of education in the United States today. Professor Harold Laski, a philosopher of British socialism, said of this report: "At bottom, and stripped of its carefully neutral phrases, the report is an educational program for a 'Socialist America'. One excerpt from this important report reads "The implications for education are clear and imperative: (a) the efficient functioning of the emerging economy and the full utilization of its potentialities require profound changes in the attitudes and outlook of the American people, especially the rising generation--a complete and frank recognition that the old order is passing, that the new order is emerging, (pp. 34-35).
If there ever was a mindfuck--something that intentionally destabilizes, confuses or manipulates the mind of another person--this is it. Because nothing adds up, and maybe that's the point...I don't know. It involves a lawsuit (first press release supposedly April 23, 2012, but that link is no longer valid) alleged to involve the largest money laundering network in U.S. history, $43 trillion dollars taken from American taxpayers in banking schemes, a major news outlet, and murdered children. Read on and see if you can make sense of this mindfuckery.
Now, despite the mainstream reporting of the largest money laundering and racketeering lawsuit in US history, said to involve the most powerful people in the world, it could very well be a "frivolous law suit," that will fizzle out before it even gets started because the law firm, "Spire Law Group" may not be on the up and up. Perhaps this is an intentional effort to smear legitimate grievances against banks and their predatory lending practices. Who knows? But then we have the murdered children of the senior vice president of the mainstream news source occurring within hours of the press release.
Although, I certainly can't commit to a conspiracy here, as correlation does not necessarily indicate causality--granted the correlation here is very thin-- the inconsistencies and anomalies in this story alone, abound. Such as, why did the corporate-owned media automatically assume the nanny stabbed herself from the start? Suicide by slitting ones own throat is extremely rare, less than one percent of all suicides, primarily committed by men with military experience. And as far as women are concerned, it's almost unheard of.
As for inconsistency, check out the conflicting reports from the NY Times:
"When Ms. Krim returned around 5:30 p.m., the commissioner said, she found a dark apartment. She went back down to the lobby to ask the doorman if he had seen the nanny and her children. When told that they had not left the building, she returned to the apartment. She looked around in the quiet rooms. Finally, she turned the lights on in the bathroom — and discovered her two children in the bathtub and the nanny unconscious on the floor.
"On Thursday evening around 5:30, Police Commissioner Raymond W. Kelly said, Marina Krim returned to her Upper West Side apartment with her 3-year-old daughter to discover her two other children, a 2-year-old boy and a 6-year-old girl, dead of knife wounds in the bathtub and Ms. Ortega slashing herself with the same bloodied kitchen knife used on the children.
Of course, police have released very little information other than they have no idea why the nanny did this as she was reported to be a "caring nanny."
"The superintendent of the building where Ortega lives said that the nanny is “a very nice woman” and “very religious,” continuing, “To me, she has always been very, very stable.”
Then, there's this: Three hours before these murders were reported, there were NYPD reports of a HOSTAGE SITUATION at the Krim's address involving at least two adults and three children.
NYCityAlerts @NYCityAlerts
Manhattan: *Hostage* 57 West 75 St Barricaded perp stabbed holding hostage 3 adults 2 kids, ESU enroute Level 1 mobilization called.NY03
2:42 PM - 25 Oct 12 ·
NYCityAlerts @NYCityAlerts
Manhattan: *Multiple Stabbing* 57 West 75 St. NYPD advising perp stabbed 4 victims then stabbed himself, EMS requested on a rush. NY03
2:50 PM - 25 Oct 12 ·
NYCityAlerts @NYCityAlerts
Manhattan: *Multiple Stabbing* 57 West 75 St & Central Park West. EMS o/s advising 2 pediatrics in traumatic arrest. NY03
2:55 PM - 25 Oct 12 ·
Here is some more information about the lawsuit from the Wall Street: Journal (linked above):
"NEW YORK, Oct. 25, 2012 /PRNewswire via COMTEX/ -- Spire Law Group, LLP's national home owners' lawsuit, pending in the venue where the "Banksters" control their $43 trillion racketeering scheme (New York) - known as the largest money laundering and racketeering lawsuit in United States History and identifying $43 trillion ($43,000,000,000,000.00) of laundered money by the "Banksters" and their U.S. racketeering partners and joint venturers - now pinpoints the identities of the key racketeering partners of the "Banksters" located in the highest offices of government and acting for their own self-interests.
In connection with the federal lawsuit now impending in the United States District Court in Brooklyn, New York (Case No. 12-cv-04269-JBW-RML) - involving, among other things, a request that the District Court enjoin all mortgage foreclosures by the Banksters nationwide, unless and until the entire $43 trillion is repaid to a court-appointed receiver - Plaintiffs now establish the location of the $43 trillion ($43,000,000,000,000.00) of laundered money in a racketeering enterprise participated in by the following individuals (without limitation): Attorney General Holder acting in his individual capacity, Assistant Attorney General Tony West, the brother in law of Defendant California Attorney General Kamala Harris (both acting in their individual capacities), Jon Corzine (former New Jersey Governor), Robert Rubin (former Treasury Secretary and Bankster), Timothy Geitner, Treasury Secretary (acting in his individual capacity), Vikram Pandit (recently resigned and disgraced Chairman of the Board of Citigroup), Valerie Jarrett (a Senior White House Advisor), Anita Dunn (a former "communications director" for the Obama Administration), Robert Bauer (husband of Anita Dunn and Chief Legal Counsel for the Obama Re-election Campaign), as well as the "Banksters" themselves, and their affiliates and conduits. The lawsuit alleges serial violations of the United States Patriot Act, the Policy of Embargo Against Iran and Countries Hostile to the Foreign Policy of the United States, and the Racketeer Influenced and Corrupt Organizations Act (commonly known as the RICO statute) and other State and Federal laws.
In the District Court lawsuit, Spire Law Group, LLP -- on behalf of home owner across the Country and New York taxpayers, as well as under other taxpayer recompense laws -- has expanded its mass tort action into federal court in Brooklyn, New York, seeking to halt all foreclosures nationwide pending the return of the $43 trillion ($43,000,000,000.00) by the "Banksters" and their co-conspirators, seeking an audit of the Fed and audits of all the "bailout programs" by an independent receiver such as Neil Barofsky, former Inspector General of the TARP program who has stated that none of the TARP money and other "bailout money" advanced from the Treasury has ever been repaid despite protestations to the contrary by the Defendants as well as similar protestations by President Obama and the Obama Administration both publicly on national television and more privately to the United States Congress. Because the Obama Administration has failed to pursue any of the "Banksters" criminally, and indeed is actively borrowing monies for Mr. Obama's campaign from these same "Banksters" to finance its political aspirations, the national group of plaintiff home owners has been forced to now expand its lawsuit to include racketeering, money laundering and intentional violations of the Iranian Nations Sanctions and Embargo Act by the national banks included among the "Bankster" Defendants.
The complaint - which has now been fully served on thousands of the "Banksters and their Co-Conspirators" - makes it irrefutable that the epicenter of this laundering and racketeering enterprise has been and continues to be Wall Street and continues to involve the very "Banksters" located there who have repeatedly asked in the past to be "bailed out" and to be "bailed out" in the future.
The Havens for the money laundering schemes - and certain of the names and places of these entities - are located in such venues as Switzerland, the Isle of Man, Luxembourg, Malaysia, Cypress and entities controlled by governments adverse to the interests of the United States Sanctions and Embargo Act against Iran, and are also identified in both the United Nations and the U.S. Senate's recent reports on international money laundering. Many of these entities have already been personally served with summons and process of the complaint during the last six months. It is now beyond dispute that, while the Obama Administration was publicly encouraging loan modifications for home owners by "Banksters", it was privately ratifying the formation of these shell companies in violation of the United States Patriot Act, and State and Federal law. The case further alleges that through these obscure foreign companies, Bank of America, J.P. Morgan, Wells Fargo Bank, Citibank, Citigroup, One West Bank, and numerous other federally chartered banks stole trillions of dollars of home owners' and taxpayers' money during the last decade and then laundered it through offshore companies.
This District Court Complaint - maintained by Spire Law Group, LLP -- is the only lawsuit in the world listing as Defendants the Banksters, let alone serving all of such Banksters with legal process and therefore forcing them to finally answer the charges in court. Neither the Securities and Exchange Commission, nor the Federal Deposit Insurance Corporation, nor the Office of the Attorney General, nor any State Attorney General has sued the Banksters and thereby legally chased them worldwide to recover-back the $43 trillion ($43,000,000,000,000.00) and other lawful damages, injunctive relief and other legal remedies.
James N. Fiedler, Managing Partner of Spire Law Group, LLP, stated: "It is hard for me to believe as a 47-year lawyer that our nation's guardians have been unwilling to stop this theft. Spire Law Group, LLP stands for the elimination of corruption and implementation of lawful strategies, and that is what we're doing here. Spire Law Group, LLP's charter is to not allow such corruption to go unanswered."
Comments were requested from the Attorney Generals' offices in NY, CA, NV, NH , OH, MA and the White House, but no comment was provided.
You can't create wealth out of thin air; therefore it's plain to see that money is not wealth, it's the mechanism used to transfer wealth from we the taxpayers to the ruling class. For instance, when Ben Bernanke prints new money (QE3), who gets first dibs on that money? His wealthy friends, of course. And then, in turn, they lend it out at quadruple the price and/or purchase up all of the finite resources--especially land, farmland, that is. Why? He who controls the food controls the world.
That's right, the global tycoons, especially since the financial crisis in 2008, have been buying up farmland all over the planet at an alarming rate, while subsistence farmers are losing their land and their way of life. They're being priced out of existence as the New World Agricultural Order unfolds.
Meanwhile, the Fed is quietly acquiring massive amounts of property in the US through their purchase of mortgage-backed securities. There are an estimated 1.5 million homescurrently in the foreclosure process. Under the current QE3, Bernanke will own those properties once the foreclosure is complete. The point? To create a huge land-grab within the US where the Fed owns massive amounts of land and can leverage this acquisition against the American public as the transition becomes apparent.
Oh, and the Federal Housing Finance Administration (FHFA) recently announced that “strategic defaulters”, i.e. those homeowners who have abandoned their mortgage because they could not afford to make the monthly payments will be jailed for this “crime”.
So what we have here are banks, agencies and government "manipulating" the market toward their own agenda at the expense of we the people. Nothing new here.
Supposedly, these homes are being released in bulk to major conglomerates who have billions of dollars to buy them for pennies on the dollar and fix and sell them or lease them out. The banks are selling in bulk to them with the understanding that they are not to be sold within a certain amount of time
The Investment Banking Awards are the Oscars of the financial world. Dished out for so-called 'innovation', some of the world's richest bankers gather together to congratulate each other on devising ever more creative ways to make obscene sums of money.
One of 2012's most profitable scams was the bankers' 'innovative' approach to a key interest rate called LIBOR. Virtually every bank at the event was involved in illegally colluding to rig LIBOR, ensuring that they would always be the winners in the multi-million pound bets they were making on the markets.
When we noticed that this money-spinner had been overlooked in the ceremony, we decided to show up and make sure the LIBOR-riggers got the recognition they deserve.
