Comments on: Bill Black | Our System is So Flawed That Fraud is Mathematically Guaranteed (PODCAST)

By: Stupendous Man - Defender of Liberty, Foe of Tyranny

Stupendous Man - Defender of Liberty, Foe of Tyranny — Wed, 02 May 2012 12:44:49 +0000

In reply to talktotennessee. Freud was NOT a cross dresser (not that there is anything wrong with that), and he never wore slips.

By: RICHARD PERRY PRATT

RICHARD PERRY PRATT — Sun, 29 Apr 2012 11:24:46 +0000

In reply to talktotennessee.

I’VE BEEN INVOLVED IN THIS MORTGAGE FRAUD FOR OVER A YEAR NOW. MY EXPERENCE
IS THAT THE COURTS ARE A MAJOR ISSUE IN WHY THERE IS NO END TO THIS MESS !
THE JUDGES HAVE AN ATTITUDE THAT THE BANKS HAVE DONE NO WRONG, AN SIT WITH THEIR HEADS UP THEIR BUTTS PROTECTING THE CORPORATIONS FROM WRONG DOING .
THE ( GOOD OLD BOYS ) ATTITUDE IS WHAT GUIDES OUR COURTS AN LAWYERS , FOR
THEY BELONG TOO A VERY POWERFUL FRATERAL ORGANIZATION CALLED THE ” FREE
MASONS ” OR ” THE HOOD ” !! SECRECY IS THE ACT WHICH ALLOWS THE ” ANTI-CHRIST ”
TO FUNCTION WITHIN OUR SELVES AN SPREADS EVERYWHERE .

By: talktotennessee

talktotennessee — Sat, 28 Apr 2012 16:55:28 +0000

In reply to Hell No, No More Bail-OUTS. Freudian slip, maybe?

By: Hell No, No More Bail-OUTS

Hell No, No More Bail-OUTS — Sat, 28 Apr 2012 16:35:43 +0000

The article has a mistake: “Office of Threat Supervision” should be “Office of Thrift Supervision”.

But they were so THRIFTY with OUR resources that the office actually is part of the THREAT to our country.

Do you see an irony? It is neither supervising THREAT or THRIFT, but incurring the opposite.

By: talktotennessee

talktotennessee — Sat, 28 Apr 2012 16:23:38 +0000

When good people do nothing, we have today’s reaction to bank fraud. Most people fail to understand why or how it happened and don’t really care anyway. The educated or wealthy aren’t particularly motivated to help those scammed. Prevalent attitude is, “they should have known better.” There is an arrogance and false impression with the majority of people, poor and wealthy alike that people bought more than they could afford, lied about their income and defaulted purposely. This has changed some as the devaluing of property spreads to those who never defaulted plus the OCCUPY/OWS movement has highlighted bank fraud and greed. Frontline’s story exposes the truth that banks were not particularly hurting when forced to take government money or be branded as insolvent. Geithner’s idea that flooding the market with money would loosen tight credit.
It did not!
Banks are alive, complete with bonuses, exaggerated salaries sitting on their reserves and the public still needs loans, their houses devaluing daily and foreclosure activity escalating as banks collect their fees for dumping the houses on the market as liquidated REOs..
Everyone should remember banks originate and service loans. Someone else provides the money while banks collect fees. With no skin in the game and no prosecution for wrongdoing, banks are sitting pretty!
Where does the power lie in our country?
You answer that question.