Bankster Fraud Has Driven 100 Million Into Poverty, Killing Many

We Are Witnessing a Financial Holocaust Brought on by the Banksters … Which Is Causing Many Deaths

Fraud caused the Great Depression and the current financial crisis, and the economy will never recover until fraud is prosecuted.

Fraud is the business model adopted by the giant banks. See this.

The Obama administration has made it official policy not to prosecute fraud. Indeed, the “watchdogs” in D.C. are so corrupt that they are as easily bribed as a policeman in a third world banana republic.

The mouthpieces in Wall Street and D.C. pretend that financial fraud (like Libor) is a “victimless crime“.

But the World Bank notes that the financial crisis – you know, the one caused by financial fraud – has driven between 64 and 100 million people into destitution.

Some estimate the figure to be much higher. For example, one 2009 study estimated that 140 million people would be driven into poverty in Asia alone.

This is not just a matter of having less money for entertainment or luxury goods. Increased poverty leads to earlier deaths.

As the Los Angeles times notes:

Poverty appears to trump smoking, obesity and education as a health burden, potentially causing a loss of 8.2 years of perfect health.

This is not an abstract concept. A lot of kids will die due to Wall Street fraud:

The global financial crisis sweeping through Wall Street and the European banking sector will touch the lives of the world’s most vulnerable, pushing millions into deeper poverty and leading to the deaths of thousands of children, according to a new United Nations study.

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The report highlighted the prospect of an increase of between 200,000 and 400,000 in infant mortality and that child malnutrition, already rising, will be one of the main drivers of higher child death rates.

While developing countries will be hardest hit, increased poverty and hunger are hitting the U.S., Britain and other first world countries are as well. The inability of the newly-poor to pay to heat their homes also kills.

Paul Moore – former Head of Risk at HBOS – says that the financial crisis has resulted in the greatest humanitarian crisis since WWII.

Moore says that we are witnessing a “financial holocaust” brought on by the banksters … with huge numbers of potential deaths in the works unless we fundamentally change the system.

Bankster Fraud Has Driven 100 Million Into Poverty, Killing Many was originally published on Washington’s Blog

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4closureFraud.org

Comments
22 Responses to “Bankster Fraud Has Driven 100 Million Into Poverty, Killing Many”
  1. Doc No: 2012-0045941 Record Date: 1/26/2012
    Reel: 0 Image: 0 Pages: 2
    Document Type: LIS PENDENS
    Grantor(s):
    AMERIQUEST HOME FINANCE
    TOWN AND COUNTRY TITLE SERVICES INC
    JP MORGAN CHASE SPECIALTY MORTGAGE L L C
    MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC
    Grantee(s):
    BELLO ANDREW R SR
    BELLO ANDREW RALPH SR

  2. Frank Hayes says:

    Guys, The System is designed to function so the rich get all the benefits and the rest of us get all the costs. That’s the way it works. True, the system is fraudulant, but only when measured against a moral set of values. This is not the value base of big business, which only takes profitability into account. So measured by their own standards, the Banksters are certainly not fraudulant, they are in business to screw you, and do the job very well. The fiction that these judges are somehow corrupt must also be assessed along the same lines. Their primary job is to protect the property rights and profits of the big financial corporations, and they’re paid moderately well to do that. It would be naive to expect them to do anything else. A more realistic response would be to work for an end to the ‘for-profit’ system and replace it with a ‘not-for-profit model of business (like the successful Credit Union Movement). Without the motive of profit, these financial thugs would have no reason to do their violence onb society at large.

  3. MERS the silent “homeowner” that we all have and have flipped our homes so many times without our knowledge…,,in my case four times in 2004,!!!making thousands and million of dollars using our names ,ss,, title and our lives, Mers RECORDS the FORGED-FRAUD Bank LOANs with WF-Homeq-Ocwen -BNC-Argent -Pfieffer Fin-Elite Escrow commonwealth land title co-Town & Country Title Services, Inc. Argent-robo signer Joan H Anderson from Flagstar Bank-Chase Manhattan Mortg Co /Accredited Home loans :total of forges loans using my home 2 million+ = a license to STEAL!! no more corruption!

    • MARGETTA LANGLOIS PRO.SE says:

      THERE HAVE BEEN 6 ENTITIES NOT LEGAL IN FLA. TO FORECLOSE ON MY HOME ,

      THE DIRTY ASS JUDGES MILLS, SHAFER & BRAY IN PASCO COUNTY IN FLA. TOOK OUR HOMES

      GAVE IT TO NON-LEGAL ENTITIES FOR KICK-BACKS,W/ (NEVER)

      showing any note & the fraud mortgage never had the :original NOTE THEY NEVER EXISTED IN FLA.

      IT’S DISGUSTING I JUST THREW 2 MORE APPEALS IN LAKELAND

      DUE TO COURT ON PURPOSE

      PASCO PUT THE APPEAL FOR INS. FRAUD CASE , INTO THE MORTGAGE-FRAUDCLOSURE CASE

      NICE TRY ANYWAY THEY WANNA PLAY GAMES. I’LL APPE AL FOREVER….

  4. Bob Rosenthal says:

    Yahoo! News “The Lookout” has quoted today The U.S. Patriot Act that “defines terrorism as a dangerous action that is intended to intimidate or coerce a civilian population”.
    Does it mean that foreclosure judges, who have intimidated and coerced over 100 MILLION of the US property owners are TERRORISTS?
    Let’s discuss.

  5. Bob Rosenthal says:

    Leah of TX says that her “asset backed security (i.e. mortgage) has been turned into a corporate bond. You can not change a bond back into a mortgage.” That’s correct. After original mortgagor files as assignment of Security Interest (and they routinely do!) and sell your Promissory Note as REMIC (Real Estate Mortgage Investment Conduit), the undisclosed assignee becomes the Note holder of record, and the original mortgagor (that is the bank that issued the Promissory Note) is paid off. This is the first time they make money on your house. To make money on your house for the second time, they demand YOU to pay off the mortgage, which they had sold in the first place. Moreover, and in this situation, your bank acts as a mere “Servicer administering an unsecured obligation”, a collection agency, that has NO LEGAL STANDING to sue for foreclosure! – Title 18, U.S.C., Section 242/ FDCPA. Corrupted judges ignore those laws!

  6. 1ofthemany says:

    ahhh yes population control…the corrupt/cabal scared attitude is very interesting indeed ..enforced by the.. judges hummm…well well and the plot thickens again.

  7. Jan Isherwood says:

    Un-Godliness seems to have a real stronghold in the banking industry! It’s led to our “ruination”- There has been no stone left unturned!

  8. MARGETTA LANGLOIS PRO.SE says:

    it is illegal for judge’ s to stop us from filing, this is a violation of our pro.se litigant’s constitutional civil rights

  9. Bryan says:

    Not until we the people stand up and fight back, will they listen.

  10. Herman Vergara says:

    HSBC Bank USA. It’s an outrage this bank U.S. banking licenses are not revoked.
    Bank crime shouldn’t pay.

    • BRH says:

      HSBC is the bank that is suing me for forecloser, But I never took a loan out with them, and they do not have my note or other important loan documents, and everything I have been reading about HSBC is they are a illegal operating scrum bag bank, that needs to be taken down in the worst way, I play to screw them good !

  11. BRH says:

    IF the government and the DOJ won’t hold the bansters accountable, I believe there should be a bounty on every bankster, and the people should rise and take a stand, and hold all the bastered bankster accountable for the economic collapse of our economy. BRH

  12. Bob Rosenthal says:

    In poverty and alone, I stood up with a list of fourteen (14) rules, codes, and regulations Wells Fargo Bank has violated while inducing foreclosure on my property. Instantly, Circuit Court Judge responded with an Order depriving me of fees waiver, mediation and/or loan modification possibility, status hearing date has been stricken, and he ordered me to pay (with food stamps?) in case if I would file any document pertaining to my Case. None of the violated rules and codes has been addressed.
    In addition, Judge stated that fourteen (14) quoted rules of IL Supreme Court, TILA, Civil Procedures, etc. were “basically nonsense and not recognized by American law”. Moreover, Judge stated that I was pursuing “Idiot Legal Arguments” and participating in “Anti-Government Movement” – the “judicial authority compendiums” I have not been familiar with. Nevertheless, hey, perhaps a good idea. Let me know your comments.
    Meanwhile, I’ll find out what Citizens of the free Republic have to say, http://www.republicfortheunitedstates.org.

    • MARGETTA LANGLOIS PRO.SE says:

      judge’s put orders on me to stop me from filing on public docket these judges need to be jailed or

      robked to death, t hey do not go by the rules statues or case laws, keep appealing or sue the bastards

      co./entities not legal no papers no notes judges grandfathering them in, writeto your chief judge.

      newspapers , sheriff.’s & media tv won’t touch these cases here in fla,

      where are you ? if fla. the a.g. does nothing !!!

    • A Window says:

      Perhaps if judges bar license were attacked by filing complaints with the Bar association. The bar guild protects its cash flow and position by criminalizing representation before the court unless you are a member of the increasingly pricy club to join. This self serving method of denying people their rights while enforcing this judge said it and that’s the law method of case law. Where is the Constitution in this common law method, which is not so common among people?
      Further, a civil suit can be brought in Federal Court against the judge for bias and failure to follow the law while seeking an injunction against the judge’s practice of law. This will get some attention. Making judicial behavior public along with publishing their address also gets some respect.

    • MARGETTA LANGLOIS PRO.SE says:

      THE ONLY “IDIOT’ IS THE ‘DIRTY-ASS’ JUDGE, SUE THE COURT IN FED. COURT IT GETS TO

      GEORGIA APPEALS 11 TH. CRCUIT @ LEAST YOU HAVE 1/2 A CHANCE, THESE PATHETIC

      JUDGES ARE ‘GRANDFATHERING” NON-PARTIES INTO CASES

      BY “DIRTY” JUDGES & COURT -CORRUPTION ON

      NO. # 9 FRAUD CO.NEVER EXISTED , WHEN OTHER 8 WERE NOT LEGAL IN FLA.

      “NO” PLAINTIFF’S, “NO” DEF.’S. “NO” FLA. CLIENTS FOR 7+ ATTY.’S

      ALL CORRUPTION, BY FRAUD, FORGERIES & PERJURY…ALL “DIRTY” JUDGES NEED “J-A-I-L”

      SEE HOW “OVER-CROWDED” THEY’D BE LET THE POOR CRIMINLS OUT & PUT

      THE “REAL” CRIMINALS IN. !!!!

      OUT OF FLA. CORRUPTION…..

  13. charley rice says:

    AMERICAN PEOPLE, LET’S ALL STOP THE WRONGFUL FORECLOSURE EVICTION FRAUD!!

    http://www.thepetitionsite.com/983/896/071/american-people-lets-all-stop-the-wrongful-foreclosure-fraud/

  14. Mario Kenny says:

    100 million people, and they said nothing, these did not stand up? such people who do not defend their rights deserve none.

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