Matt Taibbi | Obama Goes All Out For Dirty Banker Deal

Obama Goes All Out For Dirty Banker Deal

A power play is underway in the foreclosure arena, according to the New York Times.

On the one side is Eric Schneiderman, the New York Attorney General, who is conducting his own investigation into the era of securitizations – the practice of chopping up assets like mortgages and converting them into saleable securities – that led up to the financial crisis of 2007-2008.

On the other side is the Obama administration, all the banks, and, now, apparently, all the other state attorneys general.

This second camp has all gotten together, put their heads together, and cooked up a deal that would allow the banks to walk away with just a seriously discounted fine from a generation of fraud that led to millions of people losing their homes.

The idea behind this federally-guided “settlement” is to concentrate and centralize all the legal exposure accrued by this generation of grotesque banker corruption in one place, put one single price tag on it that everyone can live with, and then stuff the details into a titanium canister before shooting it into deep space.

This deal is all about protecting the banks from future enforcement actions on both the civil and criminal sides. The plan is to provide year-after-year, repeat-offending banks like Bank of America with some stability and certainty, so that they know exactly how much they’ll have to pay in fines (trust me, it will end up being a tiny fraction of what they made off the fraudulent practices) and will also get to know for sure that there are no more criminal investigations in the pipeline.

Be sure to check out the rest of Matt’s article here…

~

4closureFraud.org

Comments
67 Responses to “Matt Taibbi | Obama Goes All Out For Dirty Banker Deal”
  1. macy says:

    Hello- why isn’t anyone in here balking about the fact that YOUR signature (which is the only signature on the note – unless the banks/lenders signed it too with invisible ink) IS WHAT MONETIZED THE NOTE! YOUR SIGNATURE CREATED THE CREDIT. WOULDN’T THAT MAKE YOU THE “CREDITOR” THE BANK INCURRED NO LIABILITY- NOT TO MENTION THE FACT THAT IF YOU MONETIZED THAT INSTRUMENT AND THEY CONVERTED IT TO AN MBS/STOCK CERTIFICATE- WHERE IN THE HELL ARE YOUR PROCEEDS? -PLUS THERE WAS NO TRUE CONSIDERATION. NOR DID THEY DISCLOSE TO YOU THAT THEY WERE GOING TO SECURITIZE THAT NOTE. WHAT ABOUT BREACH OF CONTRACT. HOW COME NO ONE IS ASKING THESE QUESTIONS? ISN’T THAT FRAUD, MISREPRESENTATION, COLLUSION, UNJUST ENRICHMENT-SHALL I GO ON? I MEAN IF WE ARE GOING TO BREAK THE FRAUD DOWN LETS GO BALLS TO THE WALLS.
    PEOPLE, WAKE THE HELL UP. Stop sobbing over robosigners, dirty deals, modifications, and securitization and lets really go after the fraud. Who do you believe is the real party in interest 4closurefraud? Do you agree that it’s the shareholders? The are the only ones who have to pay taxes once your note was passed through the REMIC. so if that’s the case then who has standing to foreclose? If you are going to expose the FRAUD then expose all of it. Would love to read about that from Taibbi in the Rolling Stone.

    • lvent says:

      I found some interesting tips while searching online about the notes:
      Indorsement of the promisorry note in blank make it a “bearer instrument” negotiable by the holder. For this reason, the promisorry note would have to been shipped via Fed Ex, overnight mail, or regular mail, with delivery tracking. It would nave been initally sent to the warehousing lender funding the loan. It would have been pledged as security for the warehousing loan and been kept in the vaults of the warehousing lender or its custodial institution for the mortgage trust. The indorsement , properly executed, should have been made within days of the execution of the promisorry note. Negotiation of a negotiable instrument requires valid indorsement and physical delivery of the instrument to the transferee.
      If a loan was closed in the name of another entity its indorsement should have coincided with its sale to another lender, then an officer of the new lender should have endorsed the promisorry note in blank before its sale into a mortgage trust..
      For value received, pay to the order of Dawn Rickbaugh, with recourse.
      Sigmond Seller:_____________________________________________
      If the endorsement includes the words “with recourse” it means that the note seller is guaranteeing the note. If the Payor doesn’t make the payments, the note seller is agreeing to make the payments to keep the note buyer whole.
      With Recourse:
      If I am note buyer, then I would want the seller to agree to a recourse loan….that adds another layer of protection for me. If a seller is willing to endorse “with recourse” it probably means he is expecting the note payments to keep coming in, and is not hiding some known problem with the note..
      Without Recourse:
      A note sold “without recourse” means that the note seller doesn’t have to be on the hook for the money if the payments stop coming in.

      Search land records for an assignment. Look for an assignment that is forged immediately before or after the commencement of the foreclosure. Very often, the assignment is forged immediately prior to or even after the commencement of the suit.
      There is a very real possiblilty that the endorsement shown might not appear on the original promissory note at all. If you haven’t already seen the “original”, the doc pled might very well simply contain a copy of an undated indorsement superimposed on the copy of the note taken from the loan files. If you haven’t already nailed down some real facts through discovery, you really need to do so. Otherwise, the plaintiff will later simply produce the “real promisorry note” ( if you get my drift) which might contain another very real indorsement. If you can show that the plaintiff is pleading false evidence they are going to claim that this was an “innocent mistake”(as if photoshopping an indorsement on to a copy might actually be accidentally undertaken.) They are getting away with this stuff. I had an attorney tell me that judges are even accepting copies of notes now..DESPICABLE!!
      There is no requirement in the U.C.C. that indorsements be either dated or notarized. When thinking about indorsements, think about the indorsement of a regular bank check. It is the same provision of the U.C.C. which applies..

    • lvent says:

      macy, Investors in the trust clearly do not own the mortgages because they are just bondholders. If foreclosure is brought by the servicer that can’t happen and the lawsuit has to be brought by the owner of the note which is according to the PSA the trust. Trustees of the trusts have very limited duties they are supposed to have been given the notes. It’s all about tax exemption. The loans within the trusts can’t go past the last maturity date of the other loans in the pool. The individual bond holders pay the taxes. The key to everything is the PSA. The tax ramifications of not following the rules of the PSA are huge. Law requires each mortgage assignment which means Co. A sells the mortgage to Co. B to be registered with the county register of deeds office..Gotta make them prove everything and they can’t.

  2. marilyn lane says:

    @Marilyn A

    When I wrote my Federal Petition in 1997 I knew all this.
    Now too only parts are left in my mind but I do remember
    that what the Bankers are doing is more of a trade secret than a right given to them

    A dollar was originally a silver coin containing xx of silver.
    Our Constitution established a currency of only gold and silver.

    Gold and silver always had to be sitting in the vault backing up dollars or notes. The dollars printed by the US Government after the Civil War had the legend “redeemable or will pay the bearer on demand.
    Then the dollar were silver certificates.
    The Banking Association lobbied and got rid of those silver certificates and the words

    . Since about 1968 or 1969 Federal Reserve Notes
    were printed, You could not redeem them for for silver but they were legal tender.

    But the Bankers have never been given the right to lend their credit as if it were money.

    Now that the Bankers system of fraud has been exposed it makes the original contract
    of mortage and note Ultra vires.

    The bankers are creating and running their own monopoly game.

  3. marilyn lane says:

    @soso says

    It would have to be a pretty dumb person
    at a Bank or at Wall Street or at a Title company
    not to know they were engaging in fraudulent transfers of
    fraudulent loans.

    You don’t get to run a Bank, a Wall street Firm,
    or a Title Company without understanding the money system.

    The racketeers know it and it is to your disavantage not to know it.

    And we the victims if we want to stop the Racketeers
    have to understand the relationship
    between gold, silver and dollars.

    That knowledge shows the basis of their massive Ponzi scheme.

  4. marilyn lane says:

    @soso says

    By saying bringing up gold and silver is confusing you is like saying
    “don’t confuse me with the facts”

    There is a relationship between gold, silver and dollars. The
    Racketeers know it and know how to take advantage of it.

    Not knowing it puts you at a disadvantage in stopping the Racketeers.

    • Marilyn…What I learned back many years ago was the real lawful money was only in coin form….gold and silver. Paper money had to state how and what backed it up…like gold …and if it didn’t state the back up… it was worth nothing..it was just a piece of paper…. even it the dollar was called a Note right on the dollar…it still had to state the back up. I have somewhere in my ‘ treasures ‘ a one dollar U.S. dollar that states it to be a Silver Certificate…printed in 1957.

  5. John Anderson says:

    We can only support the NY AGs stand. I suggest we all send him a e-mail or better yet a letter commending his position, ditto to Matt.
    Of course this securitization scam is what their all worried about. They don’t care about the houses, it’s the rest of it, the Rooms To Go pay in 48 month, Dept Store credit card accounts, and damn near everything, and I suspect it will all crash, and soon.
    When it does the people are really going to be mad. They need to get mad at the proper parties.
    Obama did pocket veto the interstate notary act, that would have made negotiation with the banks largely unnecessary in as much as the robo signing aspect of fraudclosure.
    That said, Obama is controlled by his party, as the republicans control their candidates, and they are both heavily influenced by the banks, who really run everything. They are two big to fail, two big to jail, and have no problem with bail. Only a full blown revolution in the peoples mind, carried out with action of deeds, will put the people back in charge of America.
    Now in Jean Roddenberry’s Star Trek, mankind has done away with money, the rich have been vanquished, the power of their money gone, along with the corruption and evil that went with it, and humanity reaped the benefits.
    Unfortunately Jean did not tell us how humanity got there.

  6. marilyn lane says:

    @Marilyn A.

    take those last two broken sentences
    out of my below post as a typing error.

  7. marilyn lane says:

    @Marilyn A.

    You are right. Never bring up the Constitution in a Court.
    It is a dirty word for the Judges.
    The Judges got their postition in life because of the
    Constitution. They want it to work for them but not for us.

    But when every Judge took their oath to uphold and defend
    the Constitution, their job requirements gave them no choice
    but to defend the Supremacy Clause of the Constitution and
    and our property rights under the 5th and 14th Amendments.

    That is one of the reasons the Courts dislike Pro Se litigents.
    Let an Attorney start to insist on Constitution Rights for their client
    and they know how quickly they could suspend or lose their license.

    As they say. Use it or lose it. If we all don’t start insisting and bringing
    Our Constitution front and center, we are on our way to losing
    more than our properties.
    it front and center on our
    property rights

  8. marilyn lane says:

    If you look back in history, you will see the original note makers were the goldsmiths
    .(Our original Bankers)
    That was because gold and silver being the legal currency under our Constitution
    sometimes became cumbersome to carry and move from place to place
    and so you could take your gold and silver and bring it to a goldsmith
    and they would give you a” Note “indicating that backing this Note
    there is XXX gold and silver on deposit in our vaults.
    Those were the days of true and honest Bankers.

    And then our Modern day Bankers started to imitate the goldsmiths
    except these modern day Bankers figured out as long as we are known as trustyworthy
    “who is going to question if we have gold and silver sitting in our vaults.

    So Banking fraud started much further back then the 1990s.

    • Marilyn….I remember reading that quite a while ago…but with so much info held in this brain….I had to wonder if I dreampt it or what….thanks for bringing this up…I thought the goldsmith stored the heavy gold and silver and notes were given…but from there it was a blank….and I can’t explain why it went blank…Cause back in the late 70’s and 80’s I worked for a small commodity investment firm that went big time like over nite…with gold, silver and platinum…working up to 80 hours per week making big money….and what fried me on this job was the owner had no gold, silver or platinum any where…it was all paper work and margin calls…and he would tell us he started this company in his apartment and it grew…with no investment. It was like ‘ air ‘ ….kinda like the Federal Reserve money..but back than I didn’t connect these 2 ‘ issues ‘ together. Now I realize (years to late) how to make riches out of nothing…making mortgages with no lawful money…..or just plain being crooked as crime does pay….according to todays lessons.

  9. marilyn lane says:

    Before the Banks went on their rampage of not delivering Notes,
    they made an illegal contract with you.,
    For the contract to be valid, there has to be lawful money.
    The banks did not give you lawful money.
    Having you sign a Note is their second fraud.

    • SoSo says:

      With regard to this loan fraud racketeering, ail the talk about gold, currency etc, is a distraction. The RACKET has our cold hard USD’s, our cash. Not our gold. If our money is no good, they would not have taken it, and our economy would not be imploding. This issue is ONLY: Theft by deception, money laundering, destruction of evidence, obstruction of justice, TAX EVASION, bank fraud, WIRE FRAUD (MERS, and transfers to sheltered accounts), and a few others I will think of later.

  10. maggie May says:

    while they were rakin in da dough,,,,,,,,,they 4 got that it would ruin world economy dumas greedy batards!

  11. kravitz says:

    Just write the DNC and Obama campaigns and let them know that until they support the rule of law, you’re not donating, volunteering, or voting for them. And then make sure other know they should refrain from supporting Obama as well. Pretty simple.

    His competition is useless. But he’s the only valid republican running for 2012.

  12. Henri Jordan says:

    Ye that stand in the house of the Lord, in the courts of the house of our God. Psalm 135:2 I inform you of my issue and you never act on the issue with Ocwen.

  13. marilyn lane says:

    @I vent and SoSo says

    this is the origination fraud-

    The abominable banking system that is in place today, gives a bank great incentive to foreclose on an Ultra Vires contract, as the bank demands lawful money returned for the unlawful money lent.

    By what Authority are the Banks doing this? There is no authority for doing this. This is in complete prohibition to Art 1 Para 10 Cl1 of our US Constitution.

    All of our cases with slightly different facts all stem from the same Fraud.
    The Bank did not lend you ‘LAWFUL MONEY” but the Bank intentionally wrote
    a “bad check” and gave it to you –to circulate as “money”

    I certainly did not know this kind of fraud was going on when I signed my mortgage and note. Did you?

    The Mortgagor puts up a down payment, the Mortgagor pays a lot of fees and probably paid an attorney to represent them, all in order to get this “bad check”

    Would a Mortgagor have put in all that money, if one knew the truth of how the Banks ran their illegal business. I bet not.

    Did anyone notify you after that big day – the Bank’s check bounced – of course not. When the check that the Bank wrote came back to the Bank that wrote it, the bank didn’t say “we only have 5% , if that much and it was not stamped “insufficient funds” the bank stamped it “paid”

    So since the Bank did not have the money sitting in the bank’s account when they wrote the check, what the bank gave you is their credit.

    That is exactly what is prohibited by Art. 1 Para 10 Cl 1 of the US Constitution.

    What authority gives the Bank the right to make contracts with “bad checks”

    Nothing- Nada.

    “Lawful money” is needed to make a contract valid.

    Over and Over Mortgagors gave a Bank a mortgage on their castle , in return for a Bank giving you a credit entry on their books and charging you Interest on this credit. Also illegal.

    Did the Bank give you lawful money or is that what you got, credit?

    Banks are not allowed to lend their credit- Banks are in the business to lend
    “lawful money” There is not a Bank charter that allows a Bank to lend their credit.

    And as we continued to make monthly payments the Bank collected more money on their fraud.

    You try writing a check when you don’t have funds sitting in your account to cover it.
    You can be sure that check is coming back marked”insufficient funds” You are not allowed to do it and either is a Bank.

    This scam of Ultra Vire contracts caused injury to us, the true homeowners.

    In addition the banks are laundering “bad checks”.

    The Banks violate Truth in Lending Laws.

    The Banks are collecting Interest on money that doesn’t exist. (Lending you 5% and collecting Interest on 95% of thin air)

    And once the Bank gets their Ultra Vire contract going, they start flipping them to MERS, Securitizations , Wall Street, Title Companies etc. there is no shortage of people all wanting to get their piece of the illegal profits.

    • SoSo says:

      Marilyn, I think it may be different then what you are saying. Or at least more layered. I think that a system was put in place by a racket. The banks loaned money on housing purchases. However, the nature of this ‘racket’ that placed itself WITHIN the banking system (computers), was to set up a ‘system’ that allowed for this racket to deceive the banks into believing that it was lending on legitimate houses that did not exist. That is to say, the deception allowed for the appearance of fake loans to be real, created in way that deceived the system and at the same time destroyed the trail of evidence, or at least made it impossible to re assemble the evidence. Because these shadow fake loans were unknown, it was believed by the ‘system’ that all the loans and the securities that were created from them, (as they were packaged in large numbers), were actual loans. Then, that package was sold off as a ‘security’. Part of the scam was to in effect, ‘shred’ all records, digitally, all evidence of these loans. The loan and the deed were separated, so there was no way to know which of the many loans that were generated from that one purchase was actually the loan, or better said, there was no way to know who the lender really was/is. I guess there is no lender, only the illusion of a lender because the very concept of a lender in this scheme is a figment of our imagination. Kind of like a memory of the old paradigm that is not operational in this new scheme. A computer program was set up to fake out the loan industry, by creating a an illusion of a database that kept record of the transactions. It turns out it did not. It simply facilitated the fraudulent operation. Which came first, the chicken or the egg? I have reason to believe, that there were insiders within the mortgage banking system, loan originators, loan officers, loan guarantee officers, lenders, government employees in this system from government agencies, real estate brokers, and those who colluded with them etc, high powered politically connected criminal defense lawyers, became engaged in this racket. This racket, as far as I can tell was created as an aberration, a criminal enterprise within the mortgage banking system, by criminals with in the system who figured out a way to exploit the MERS, and system generally for their own gain. The fake mortgage money was ‘payed’ by the unsuspecting bank (inside the bank racketeers made sure the banks did not know). The funds were then transfered to the accounts set up in offshore ‘sheltered accounts’, for these crooks. When this all started, in the early to mid 1990’s, it would have seemed impossible to get caught. Well, they were wrong. Their scam was discovered when the bubble created by the ability to get a loan on a house was easy. The fake shadow mortgages certainly had an effect, but I cant see how it was anything but an unseen issue. It wasn’t until the REAL mortgages became a problem, the SUB PRIME MORTGAGES, which have NOTHING to do with fake shadow mortgages, that the underlying piggyback shadow loans were exposed. That is my take at this point. I think every thing else is purposeful distraction to keep us from seeing and knowing who did this and that we can take back our money, and put them away. They are just common thugs who created a very elaborate protection racket that is working to provide them cover. IMHO

      • SoSo says:

        Remember, all at risk sub prime mortgages were said to total about 40 billion dollars in a congressional hearing, so the difference between 40 billion and 40 trillion, is in the shadow mortgages. Some congressman wanted to just pay off those loans to protect the US economy. They were shut out of the ‘discussion’.

      • SoSo says:

        Also, when this racket was first put in ‘business’, the early mid 1990’s no one could have known about sub prime mortgages, etc. It was difficult to qualify for a loan back then. These guys thought they could go on forever with no effect on the industry, or the economy. That was then…. It snowballed…. and wow, did it snowball……

      • Javagold says:

        i think that may be what 9/11 was really all about……

    • lvent says:

      Marilyn, there is alot to the Origination fraud but the main fraud is the fact that they never delivered the notes to the trusts and destroyed the notes to cover up for the multiple pleding of the notes…The proof is in your public recordings..Obama is completely no good, corrupt and worthless if he lets this happen and should be impeached and jailed and all of the AG’s fired without pensions…..Matt TAibi says this is the ultimate Papal indulgence. Kathryn Wylde fed board member says Wall Street is our Main Street. WOW…. could this be anymore evil…All roads lead to Rome…….the head of the beast.. The Papal Caeser.. the Black Pope, Peter Hans Klovenbach is the NAZI wizard behind the curtain….he ordered 9/11 to kill the shia. This is the crusades all over again.
      http://leozagami.wordpress.com/2008/04/28/giorgio-hugo-balestrieri-p2-mason-911-suspect/
      http://www.focusnz.com/tractsforfree/VaticanAssassins.pdf

      • SoSo says:

        “The greatest trick the devil ever pulled was convincing the world he didn’t exist”.
        Verbal Kint, (Keyser Söze) The Usual Suspects.

        He exists alright.

    • Marilyn….The banks do not follow our laws or rules…they have their own….the evil laws…in their brains they think they are right..and we are the slaves / enemy. That is why they are shitting on us. This goes for all of them, Banks, government and courts. They know they did fraud..our government always knew…but we caught them…that is why there have been no arrest and won’t be any…our past governments till now has allowed this….they are all guilty of treason….you are correct in what you say…but no one will listen cause they don’t want to. …our fake government wants the evil to take America down. Obama is a spokesperson for the NWO..The United Nations….I read that our Constitution is to be left outside the doors of the courts…it is not to be entered into the building…or even mentioned in court. That is why a judge in Lee County told a defense lawyer that in this court we do not go by any laws but the laws of this court. So the courts make their own laws against the homeowners. This corrupt government has to cease now……we cannot wait for election….I don’t know, but someone said NATO was already here…..Obama will make sure we are taken down…..

  14. abs says:

    Well if he doesnt protect his main campaign funding he will lose the support. No matter he just lost votes not just from me, but millions others that lost their houses. He is a liar, and a supporter if financial terrorist

  15. qny81 says:

    It is our last chance to elect an honest, principled person like Dr. Ron Paul as president 2012 . He has been trying to audit the Federal Reserve for the last 20 years. Check him out http://www.ronpaul2012.com. He needs our support because the powers that be don’t want him to win because he will try to get rid of the Federal Reserve. The mainstream media ignores his campaign and now all other fake republican candidates are copying him and acting like they want to follow the Constitution. Nobody’s voting record defends the Constitution like Dr. Paul.

    • Albi says:

      Ron Paul is cool. The only honest man in the race. The corporate-controlled media is trying to make him look like an unqualified eccentric, but Ron Paul is a man of substance and morality. I fell for the phony facade of Obama, but will not vote for him again. He is completely in league with the big banks, ruling corporations and Wall Street, who contributed heavily to his campaign coffers. What a rip he turned out to be.

      I will definitely vote for Ron Paul and I will write his name in on the ballot if they knock him out of the box. We definitely need to get rid of The Federal Reserve, the lobbyists, and the special interest funding of those who seek public office. It’s a totally corrupt system.

  16. SoSo says:

    It just dawned on me, why bother to bail out non existent loans at all? The fraudulently received funds are sitting in some banks, or swiss type bank accounts some where. Who cares if a bank goes belly up? lf the govt has to do is take the money they were going to use to bail out, and just open up some type of govt banks, such that the US funds remain, or, or….. I am confused. Its just deep never ending rabbit hole. NOTHING MAKES SENSE!!! THIS DOES NOT COMPUTE!

    • woodknot says:

      it is all because of the FEDERAL RESERVE-they are a private corporation-made of our biggest National Banks. Read a dollar bill or any denomination-it says FEDERAL RESERVE NOTE. The US Treasury prints money/notes for the FED RESERVE and FED only pays for INK & PAPER-they get coins free or cost of materials only.
      follow the money-it goes all the way to the FEDERAL RESERVE A PRIVATE CORPORATION not a Goverment entity.
      FED RESERVE & TREASURY RULE THE USA

    • Albi says:

      The thug banks want you to be confused. They hoodwinked us with their confusing terminology and fine print.. I gave up and just stopped paying my mortgage. In the end, the bank could not foreclose because they did not have possession of the original note and mortgage. If the banks ever prevail in their quest to change that statutory requirement we will be totally screwed. And they are trying. Most of our mortgages would not withstand a forensic audit, as they are illegal and fraudulent on their face.

  17. SoSo says:

    AT FIRST IT WAS ‘ TO BIG TO FAIL’ (Banks). NOW ITS, ‘TO BIG TO FRY!’ (Gangsters). This is NOT political. It is ‘UNDER COLOR OF POLITICS’.

  18. SoSo says:

    THIS IS IT FOLKS! THE PEOPLES LAST STAND! ONCE THIS IS COVERED UP, ITS ALL OVER! WE HAVE LOST IT ALL. DEFEATED. ITS OVER. EVERYTHING ELSE IS NOISE.

    • lvent says:

      Everyone, GOOGLE THE WORDS GAY OBAMA, OR YOU TUBE SEARCH IT……THIS IS THE SCANDAL THEY ARE HANGING OVER HIS HEAD..JON STEWART BLURTED THIS OUT ONE NIGHT…THERE IS NO PROOF OBAMA DID ANY OF THIS STUFF BUT THIS IS THE SCANDAL THEY ARE THREATENING HIM WITH…LIKE MONICA LEWINSKY ON ROIDS….I HEARD THE REASON WHY RAHM EMMANUEL WENT RUNNING OUT OF WASHINGTON AND LEFT HIS “CHIEF OF STAFF” POSITION IS BECA– USE THEY WERE GOING TO ACC– USE HIM AN OBAMA OF BEING GAY LOVERS!!!! I DON’T CARE, DO YOU GUYS CARE??? THEY ARE THEIR WIVES PROBLEM…NOT MINE……

      • lvent says:

        Even if Obama is gay or not at least he is not a pedophile….Google the words George H.W. Bush gets caught at the head of a pedophile ring….George W. supposedly had a gay lover too. They are all nuts..

      • Albi says:

        I am not bothered that Obama might be gay, that is his personal business. I am totally bothered that he sold us us or perhaps he just told us what he knew we wanted to hear. Obama scammed us. Just another mouthpiece and front man for the big corporations. Here’s the language for an election year bumper sticker: Did Obama get any change when he sold us out?

  19. housemanrob says:

    He sure fooled me…..I voted for him, I truly wonder how his extremely liberal wife…..can even stand to be around him…….just look what he has done to Afro-Americans. The man is a total discrace!

    • SoSo says:

      ‘NOTHING GOOD COMES FROM NOTHING GOOD’

    • housemanrob says:

      The most disappointing……..and one of the worst presidents…..ever!

      • lvent says:

        Rob, google gay obama or you tube search it, they got him by the you know whats……and Ford, Carter Bush Administration pedophile ring in the “White House”……There is a report by Tom Brokaw on this midnight pedohile ring they were bringing into the white house under all three administrations….and they got caught using credit cards to pay for it…..they are bold.

      • I did not vote for him….the writting was on the walls….everything he said in his campaign I reversed…..and that is exactly what he did AFTER he got PUT IN OFFICE …not voted in.,,,, PUT IN…..by the same ones who put Bush, Clinton and Bush Sr. in office…..The same ones who have caused this massive fraudulent mess today…….voting is rigged….very easy to change the count. Fraud has beeb here for many years….we were just sleeping.

    • lvent says:

      Rob, They have her tied up in the closet most of the time…They only let her out after psy-ops deprograms her.

  20. SoSo says:

    SOUNDS LIKE ‘DON’T ASK DON’T TELL’. THE GANGSTER PROTECTION PROGRAM.

  21. lvent says:

    Time for the people to make some real noise….Call and e-mail Obama and all of the rest of the corrupt bastards who are in on this…..If they want Obama in they will put him in no matter who we vote for..NO ONE SHOULD VOTE FOR ANY REPUBS/DEMS….NO ELECRONIC VOTING/ NO ELECTRONIC COUNTING……they are counting on the illegal aliens kids votes and the votes of many dead people around the country to get their puppet “elected”..They are sneaky….Time for some real action people..!!!!

  22. maggie May says:

    u think hes pretecting bankers or trying to keep economy from failing?

    • lvent says:

      He has given them more than enough and this economy has already failed..they have been propping up Wall Street and the BAnks for 3 years now and they are still insolvent, the books are cooked, ENRON times trillions……If Bernanke gives them a Qe 3 there will be people starving on the streets, the people who are still unemployed and living on stamps ….the dollar is now worth .18 cents, it isn’t worth the paper it is printed on……and if he helps bail out the bankers America will literally be hell on earth..

      • SoSo says:

        They seem to be underwriting the multiple pledged loans, and immunizing those who committed the multiple pledging by removing the litigation/prosecution discovery process. No one can investigate a crime when there is no means to access the evidence in a manner that allows to construct a complete understanding of what was done and MORE IMPORTANTLY: BY WHOM!. HEY ARE ESSENTIALLY DECRIMINALIZING THEIR OWN CRIMES! AND DESTROYING THE EVIDENCE! AND THE LEGAL VEHICLES TO DISCOVERY/INVESTIGATION.

      • lvent says:

        That’s right So,So they want to burn down all of their fraud and steal all of our homes or make us rent them……..CNBC played the lyric to the song Burning Down the House today after talking about the dying banks…..Bloomberg already reported today that Wall Street already threatened Bernanke that if he doesn’t give them what they want a Q e3 or a QE 2.5 and announce what they want to hear tommorrow, they will crash the stock markets…Nice Huh?

      • SoSo says:

        I do not think the banks are dying. Merely ‘consolidating’ and re inventing themselves. Another layer of money laundering, thats all. The ‘banks’ are LOADED with cash!

      • lvent says:

        FAnnie Mae already publicly admitted to multiple pledging notes!! There is no covering that up…They have by some esimates taken 10 mortgages against one house….I think it is more.THESE CROOKS RANG AMERICA UP WITH.40 trillion IN DEBT, backed by ZERO collateral……OUTRAGEOUS!!!!!

      • lvent says:

        So So, it is all an act by the banks, they have hundreds of trillions hidden in overseas bankster accounts……..their books are cooked though…..they want all of us to pay for all of their fraud, that is what they want…..They need to be held accountable….

      • SoSo says:

        Think about this: The banks are being pumped with cash at 0% interest. Loading up for the next phase of what ever in ‘planned’. There must be 100’s of trillions of dollars within the banking system. Most of it stolen via multiple pledging and transfer/money laundering. I suggest that just the Federal taxes on this sum would bail out the US govt, medicare, social security and everything else. Its just a smoke and mirros game NOT A PONZI SCHEME BECA– USE UNLIKE THE MADDOFF TYPE SCHEMES, THE ‘INVESTORS’ ‘LOSSES’ ARE REPAYED BY THE USA GANGSTERS WHO STEAL THE MONEY AND PROPERTY AND LIVELIHOODS OF THOSE THEY THEN TURN AND POINT THE FINGER AT: THE UNEMPLOYED, ELDERLY, THOSE FORCED INTO ‘HOMELESS’NESS, THOSE WHO LOST THEIR HEALTHCARE AND NEED MEDICAID, ITS BLAMING THE VICTIM OF A GANG RAPE FOR THE RAPE BECA– USE SHE IS ALIVE!

      • lvent says:

        So So, Max Keiser has a name for them, suicide bankers and suicide banking…. They blow up the worlds economy and then they commit suicide….

      • SoSo says:

        WE MUST UNDERSTAND THAT THE MULTIPLE PLEDGED LOANS WERE PAYED ON, THAT LOANED MONEY STILL EXISTS! IT WASN’T ‘LOST’ WE ARE NOT COVERING MONEY THAT NO LONGER EXISTS! WE ARE COVERING THE BANKS WHO HAD THEIR FUNDS TRANSFERED TO OTHER BANKS/VEHICLES, AND HAD NO SECURITY TO BACK THESE FAKE LOANS. I AM NOT CLEAR ABOUT HOW A BANK BENEFITED FROM THIS, IF IT LOST ITS ASSETS TO FRAUD. I THINK THE GANGSTERS WITHIN THE BANKS THAT LOST, AND THE RECEIVING BANKS ARE THE BENEFICIARIES. THE STOCK HOLDERS OF THE BANKS AND THE EMPLOYEES ARE NOT BENEFITING! NOW, DOUCHE BANK MAY BE ANOTHER STORY! THEY SEEM TO BE THE RECEIVER, UNLESS THE BOA’S ARE COLLUDING AT THE EXPENSE OF THEIR STOCK HOLDERS AND EMPLOYEES. THEN THE QUESTION IS: WHO IN THE BANKS HAVE COMMITTED THESE CRIMES? HOW DID THEY GET INSIDE THE SYSTEM? THE ANSWER IN PART MIGHT BE IN WHO PREEMPTIVELY SHORTED THE SHARES OF THE COMPANIES (INSIDE INFORMATION)! WHO IS FIGHTING TO PROTECT THE CRIMINALS AT THE EXPENSE OF THE SHARE HOLDERS?

      • lvent says:

        So So, I had an attorney confirm the truth they never lent any money out…they kept all of the fraud in house…they sold multiple pledges, and interest in a money flow to investors..Even the home builders were in on the fraudulent investing…..Google Max Keiser episode 174 with Professor Wm Black and the last episode bankers and aliens,,,,it was exponential collateral fraud.
        http://maxkeiser.com/

      • SoSo says:

        Ivent, I don’t understand what you are saying. Please be more simple.

    • SoSo says:

      The destruction of the State of California was the first shot. Then Enron, QuallCom, etc. SAME MO. They were not bailed out. I wonder if the funds from these scams were laundered to later be used in this scam? These funds to later be re-inserted into the cash-stream invisibly. ‘WITHOUT A TRACE’

      • lvent says:

        So So, Oh yeah, that “money” always disapears….like the money they “lent” us at the closings of our properties that we never actually saw or got a check for……it all goes right back into the same crooks pockets..Banking is all a big charade…They say the best way to rob a bank is to own one……They all put on a show like they are really punishing these crooks, it is a joke. It is a ponzi scheme…and it always has been but this time they took it all way too far…..40 trillion in debt, backed by ZERO collateral…They never thought they would get caught…

      • SoSo says:

        I think it is more then the ‘money they lend us’. If that were the case, there would not be this problem. It is the MONEY THAT THEY DID NOT LEND US THAT IS AT ISSUE! IT IS NOT THE ACTUAL LOANS WE TOOK OUT! IT IS THE LOANS THAT WE DID NOT TAKE OUT! ITS THE SHADOW PLEDGED LOANS! THAT THEY PAYED THEMSELVES WITH! NO ACTUAL PROPERTY! JUST A FICTION! A SIMPLE HUSTLE, A CON! NO MORE NO LESS! THE PROBLEM IS, WE DO NOT WANT TO GET THE MONEY BACK! WHY? CERTAINLY THE USA KNOWS HOW TO TRACE IT! IT MUST BE BECA– USE THERE IS SOME TYPE OF HUGE SHADOW EXTORTION RACKET, BLACKMAIL RACKET, ETC IN OPERATION! LETS SEE IF THEY SILENCE SCHNEIDERMAN, AND HOW THEY TRY. THERE IS A BIG DIFFERENCE BETWEEN WORKING FOR THE BANKING UNDUSTRY, AND BEING TOLD TO COMMIT FRAUD FOR SOME TYPE OF GOVT OPERATION (covert operation), and, GETTING HUGE BON– USES ETC, AND WORKING IN THE BANKING SYSTEM, AND SETTING UP YOUR OWN PERSONAL RACKET! (I think we can understand covert ops in terms of Home Land Security, etc), BUT INDIVIDUALS WHO GAMED THE SYSTEM WHILE IN GOVT OR QUASI GOVT POSITIONS? THIS IS NOT ACCEPTABLE!

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