It’s time for us to take off the Rose colored glasses and determine what our real priorities are. If we don’t, what type of future will our children and grandchildren inherit from us?
I am a mother and grandmother, who is very disturbed by the direction I see this great state of Michigan and our country going in. It’s time for the Citizens of Michigan to stand up and understand that “ALL Power of Government is inherent in the People!”
We are the Masters, not the Servants. If you haven’t read the Michigan Bill Of Rights lately, then perhaps you need to.
LAWS OF JUSTICE AND MERCY - EXODUS 23
"Do not spread false reports. Do not help a wicked man by being a malicious witness".
2 "Do not follow the crowd in doing wrong. When you give testimony in a lawsuit, do not pervert justice by siding with the crowd,
3 and do not show favoritism to a poor man in his lawsuit".
6 "Do not deny justice to your poor people in their lawsuits.
7 Have nothing to do with a false charge and do not put an innocent or honest person to death, for I will not acquit the guilty".
8 "Do not accept a bribe, for a bribe blinds those who see and twist the words of the righteous".
DETROIT — Over 40 Wayne County homeowners have filed a $10 million class action lawsuit that could invalidate tens of thousands of mortgage foreclosure sales executed while Warren Evans was Sheriff.
“In addition to the technicalities listed in the lawsuit, such as the fact that Evans’ subordinates were not authorized to sign deeds of sale, we are contending that sheriff’s auctions were not even held in many cases,” said Cross. “The sales should be null and void, and the original property owners should still own their homes under the law.”
In January 2009, Sheriff Evans made headlines when he imposed a moratorium on foreclosures in Wayne County. He asserted that the Troubled Asset Relief Program, known as TARP, allowed sheriff’s departments to stop foreclosure sales.
The lawsuit charges fraud, taking without just compensation, and civil conspiracy, among other allegations. Under terms of the Michigan Consumers’ Act, says Nicoletti, property owners may be awarded compensatory damages, including costs of loss of the home’s contents and subsequent vandalism of the homes. The defendants are Evans, the Wayne County Sheriff’s Department, Board of Commissioners, and Wayne County itself. FULL STORY
Climb the stairs to the second floor of the Steele Middle School and step into the classroom of fourth- and fifth-graders, and you easily could forget you’re in Muskegon.
Puerto Rico, Ecuador or Argentina perhaps, but not Muskegon. FULL STORY
That's the first two sentences of an article in todays Muskegon Chronicle. While the battle rages on in America to bring our country back within the Constitution, while we fight every day to save our Sovereign Rights as a Country, our tax money is being used to steal our children through education.
Will these children who are in this Immersion Program be taught about how great America is? Are they being taught Patriotism to this country? Are they being taught the "American Dream" of entrepreneurship, or are they being prepared to accept "Global Corporate Fascism".
“If our children graduate from college together, and my child is fluent in Spanish and English and yours is only fluent in English, who’s going to have a better chance at getting a job with a multinational company with operations in Central America?” said Cathy Young, whose first-grade son attends the two-way immersion program.
Well, you will have to read the article for yourself and make up your own mind about this. Do you want your children and grand children close to you during your golden years, or do you want them living in another country, away from you? I wonder if these young parents have thought about not seeing their adult children even on Holidays. How about their grandchildren? Have they thought about what it's like not to be there when the grandchild is born, or to be there to watch the grandchild grow up? It's called "Diversity".
Has anyone ever really looked at this word "DIVERSITY"?
ORIGIN Middle English : from Old French diversite, from Latin diversitas, from diversus ‘diverse,’ past participle of divertere ‘turn aside’ (see divert).
divert |diˈvərt; dī-|
verb [ trans. ]
1cause (someone or something) to change course or turn from one direction to another: a scheme to divert water from the river to irrigate agricultural land.
• [ intrans. ] (of a vehicle or person) change course : an aircraft has diverted and will be with you shortly.
•reallocate (something, esp. money or resources) to a different purpose : more of their advertising budget was diverted into promotions.
2 distract (someone or their attention) from something : public relations policies are sometimes intended to divert attention away from criticism.
• [usu. as adj. ] ( diverting) draw the attention of (someone) away from tedious or serious concerns; entertain or amuse : a diverting book | nursery rhymes can calm and divert all but the most fractious child.
I don't know about you, but I OBJECT to my property tax money going to pay for programs that divert our children from being Americans and turning them into a "GLOBAL FASCIST CITIZEN".
In his stunning public testimony --- before a single member of the D.C. Board of Ethics and Elections (BoEE), and a nearly empty chamber --- Halderman explained how the team had, by the time they discovered their fellow intruders, already gained complete control of the system, it's encryption key and its passwords. The system was developed as part of an Internet Voting pilot program with the Open Source Digital Voting Foundation.
As The BRAD BLOG reported last week, Halderman's team was able to take over the system within 36 hours after it had gone live for testing. After having "found and exploited a vulnerability that gave [them] almost total control of the server software," his team was able to steal the encryption key needed to decode "secret" ballots; overwrite every single ballot cast on the test system; change the votes on those ballots to write-in candidates; discover who had already been voted for and the identities of the voters; install a script that would automatically change all votes cast in the future on the same system; install a backdoor to allow them to come back later; and then leave a "calling card" --- the University of Michigan fight song --- which was programmed to play in the voter's browser 15 seconds after each Internet ballot had been cast. FULL STORY
Every 4 to 6 years in the history of America we`ve had a recession or an economic slowdown. It comes fairly regularly. So by 2012 we are overdue again. Whether it comes in 2011 or in 2013, I don`t know. My only point is, its coming again and when it comes the next time what is the government going to do? We can`t quadruple the debt again, Mr. Bernanke can`t print any more money, there are not enough trees for him to print that much money.
So we are going to have a serious problem.
Latest video interview, Yahoo Finance`s TechTicker.
Foreclosuregate is rapidly spiraling out of control, and is going to get worse.
As I have repeatedly said since 2007, this is not about bad paperwork. It is about fatally-defective securities sold to investors for half a decade and the fraud up and down the line that enabled those sales.
In no particular order the biggest (but by no means the only) problems are:
Borrowers overstated income, assets or both. In some cases they did so willingly and knowingly. In others loan officers changed numbers to “ram it through” the computer-operated approval systems, submitting files multiple times while doctoring figures. In the latter case perhaps the borrower knew, perhaps not – many people didn’t read the entire 100+ page stack of paper at closing. That’s dumb but it’s not criminal. Changing the figures or lying, on the other hand, is criminal.
Lenders stuffed paper they either knew was bad or had the ability and legal duty to verify the provenance of but intentionally did not into securities sold to investors. This has been disclosed in FCIC hearings and is no longer speculative, although as I noted in 2007 it had to be the case because it was the only way the deals that were being done could have possibly been done. This was an act of deception and in my opinion (along with many others, including plenty of attorneys) meets the legal definition of fraud.
The land title system in this nation was intentionally subverted and corrupted by both intentional act and intentional laziness, all driven by the motive of profit. Original paperwork was either shipped overseas or intentionally destroyed. In even more cases it was not conveyed as legally required by the trust documents. This has massively-corrupted the chain of title for perhaps as much as one third to one half of all residential housing units in this country and if not corrected will render these homes unmarketable in the future. This is the vastly unappreciated problem with what has been done to date.
There is a template for resolving this sort of problem, and The States can implement it right now. It was used in large part in Florida to resolve the “swampland” mess that arose during the 1920s, and with minor changes we can adapt it to what we face now.
The correct, just, and only way to resolve these problems is to force a clearance of the chain of title, which in turn forces proof of provenance of the indebtedness claimed to be owed by the homeowner. FULL STORY
Love him or hate him, here are two points to keep in mind when it comes to Alan Grayson:
He's an attorney.
He "gets it" when it comes to the root causes of Foreclosuregate. It took him a while (too long, in my opinion, even though I've been hammering his office since he was elected and his staff indicated a willingness to listen), but he finally connected the dots.
A letter he sent out yesterday is linked in full at the bottom of this Ticker. Here are the salient points for you to ponder, from my perspective:
So far, banks are claiming that the many forged documents uncovered by courts and attorneys represent a simple "technical problem" with foreclosure processes. This is not true. What is happening is fraud to cover up fraud.
Yep. As Grayson goes on to cite, The FBI noted an "epidemic" of mortgage fraud earlier in the decade. Nothing was done about it. These lenders were engaged not in making mortgage loans but rather in an elaborate asset-stripping scheme where the key point was to force the homeowner back into the lender's office in a couple of years so they could grab another few thousand dollars in fees.
Repayment didn't factor into their decisions and was immaterial to their thought process. FULL STORY
'This is the biggest fraud in the history of the capital markets'
Ezra Klein: What’s happening here? Why are we suddenly faced with a crisis that wasn’t apparent two weeks ago?
Janet Tavakoli: This is the biggest fraud in the history of the capital markets. And it’s not something that happened last week. It happened when these loans were originated, in some cases years ago. Loans have representations and warranties that have to be met. In the past, you had a certain period of time, 60 to 90 days, where you sort through these loans and, if they’re bad, you kick them back. If the documentation wasn’t correct, you’d kick it back. If you found the incomes of the buyers had been overstated, or the houses had been appraised at twice their worth, you’d kick it back. But that didn’t happen here. And it turned out there were loan files that were missing required documentation. Part of putting the deal together is that the securitization professional, and in this case that’s banks like Goldman Sachs and JP Morgan, has to watch for this stuff. It’s called perfecting the security interest, and it’s not optional.FULL STORY
Why hasn't Mike Cox, Michigan Attorney General, called for a halt on all foreclosures in Michigan? As other state attorneys general around the country step up to bat for their respective citizens, one AG has been noticeably missing – for a long time: Attorney General Mike Cox. While citizens of Michigan will remember his boisterous campaign for the Republican gubernatorial nomination, and his shameless sucking up to Tea Party groups, as well as his perpetually leading in the polls – culminating in reality with a third place finish – what citizens of Michigan will really remember about Mike Cox is his complete and utter failure to protect the people of this state from the rampant foreclosure fraud. READ MORE HERE
Bank of America gets Friday deadline to halt foreclosures in N.C.
Attorney General Cooper wants to know why bank stopped proceedings in other states but not N.C.
N.C. Attorney General Roy Cooper is giving Bank of America until Friday to halt foreclosure proceedings in the state amid concerns the Charlotte bank and other lenders haven't properly reviewed documents.
In a letter sent to the bank, Cooper questioned why Bank of America voluntarily suspended foreclosures in 23 states that involve a judicial process but not in its home state. North Carolina requires a "quasi-judicial" process in which clerks of court frequently review affidavits submitted by banks.
"If Bank of America has halted foreclosure proceedings in other states due to flaws in its affidavit process, we do not understand why Bank of America should routinely continue with foreclosures with the same flaws in North Carolina," Cooper's office wrote. FULL STORY
Ticker-Guy on MSNBC’s the Dylan Ratigan Show
Also, Chris Whalen from Institutional Risk Analytics gave a terrifying presentation on the foreclosure crisis yesterday: Chris is an expert on banking risk – and is not to be ignored. He is one of the very few who also had all this figured out a very long time ago. FULL STORY AT FedUpUSA
In foreclosure controversy, problems run deeper than flawed paperwork
By Brady Dennis and Ariana Eunjung Cha
Washington Post Staff Writers
Thursday, October 7, 2010; 12:01 AM
Millions of U.S. mortgages have been shuttled around the global financial system - sold and resold by firms - without the documents that traditionally prove who legally owns the loans.
Now, as many of these loans have fallen into default and banks have sought to seize homes, judges around the country have increasingly ruled that lenders had no right to foreclose, because they lacked clear title.
These fundamental concerns over ownership extend beyond those that surfaced over the past two weeks amid reports of fraudulent loan documents and corporate "robo-signers."
The court decisions, should they continue to spread, could call into doubt the ownership of mortgages throughout the country, raising urgent challenges for both the real estate market and the wider financial system. FULL STORY
“We’re looking at a currency crises,” says Celente, speaking about the Crash of 2010. “In an effort to increase exports, countries are devaluing their currencies.” Celente says the smart money is moving out of paper money and into gold.
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