Goldman Sach's loses Supreme Court battle over their Mortgage Backed Securities Fraud!

Goldman Sach's hit a brick wall yesterday in the U.S. Supreme Court.  

They were trying to have a lower court's ruling against their MBS (Mortgage backed Securities) Fraud from 2008.   The U.S. Supreme court upheld the fraud claims against G.S from the investors of MBS.

This is awesome that the Supreme Court actually upheld the law against G.S. and Wall Street.

GS sold their mortgage servicing company, Litton Loan 2 years ago to Ocwen as they have tried to get out from under all the lawsuits.

Of course as always what is a Wall Street's argument to courts.....  "You can't do this, because it will cost Wall Street Billions of Dollars."

The bank has said that letting the 2nd Circuit decision stand could cost Wall Street tens of billions of dollars.

Isn't it amazing that Wall Street always uses the same defense in court.  I guess they simply can't give themselves the billions in bonuses and instead have to pay the investors they defrauded.  

Wall Street banks are all fraud and they believe they are above the law.  It is really refreshing to see  them having to be accountable for their fraud.  

Now.... bring on JP Morgan and the fraud that they committed by stealing directly from people's accounts at MF Global, besides all the gold and silver directly from clients.  

Start holding all of Wall Street accountable for the Fraud they commit every day!

Goldman Sachs Group Inc suffered a defeat on Monday as the U.S. Supreme Court let stand a decision forcing it to defend against claims it misled investors about mortgage securities that lost value during the 2008 financial crisis.

Without comment, the court refused to consider Goldman's appeal of a September 2012 decision by the 2nd U.S. Circuit Court of Appeals in New York. Goldman shares sank more than 2 percent.

Our Corrupt U.S. Supreme Court, Under Justice Roberts now rules FOR Corporations and against the people - 61% of time

Economy Watch has just released the following information about our Supreme Court. 

We the people of the United States, don't just have DHS, U.S. government, Federal Reserve working for the corporations and banks, we also have the U.S. Supreme Court working for the corporations and enacting laws or making rulings in favor of them.  If this information does not make people realize how far down the rabbit hole of our government and now justice system is being controlled by the elite and corporations, I don't know what will.

The University of Chicago analyzed 1450 Supreme Court decisions since 1953.  They have now found under Justice Roberts the Supreme Court rules for corporations 61% of the time.  This is the most one sided Supreme Court ever in the history of the U.S.!  

I doubt this finding includes the ruling last week from the Supreme Court that pharmaceutical companies are NOT liable for bad vaccinations and people are not able to sue the large pharmaceutical companies for any ill effects from a vaccine anymore. 

Rather, the Court said, vaccine makers cannot be held liable for negative side effects that parents believe are the result of their products.

Small Portion of statistics Article:

A study prepared for The New York Times by academics at Northwestern University and the University of Chicago, has analyzed some 1,450 Supreme Court decisions since 1953. 

It showed that, during the five terms in which John Roberts has been Chief Justice, the percentage of both business cases on the Supreme Court docket and cases won by business interests has grown visibly.  

The Roberts court ruled for business interests 61 percent of the time, compared with 46 percent in the last five years of the court led by Chief Justice William H. Rehnquist, who died in 2005, and 42 percent by all courts since 1953. 

Those differences are statistically significant, the study found.

It was prepared by

• Lee Epstein, a political scientist at Northwestern’s law school;
• William M. Landes, an economist at the University of Chicago; and
• Judge Richard A. Posner, who serves on the federal appeals court in Chicago and teaches law at the University of Chicago.

Posner's participation is particularly important because he has been perhaps the most influential right-wing academic legal theorist of the last thirty years.

Supreme Court to Rule on the Validity of the U.S. Constitution! This should be interesting!

The courts messed with the wrong Grandfather, they basically screwed him over in a lawsuit and the Supreme Court would not hear his appeal.  So, he decided to file a suit with the Supreme Court regarding the Constitutional Rights of people against the corrupt Federal Judges who violate people's Constitutional Rights!

This Grandfather did NOT give UP!  It shows it only takes one person to make a difference!  NOW THE SUPREME COURT HAS TO RULE ON THE CONSTITUTIONAL RIGHTS OF AMERICANS AND THE CONSTITUTION ITSELF!


Portion:

Windsor has now tossed the hot potato right square in the laps of the justices of the Supreme Court.  By filing mandamus petitions rather than an appeal, The Supreme Court is forced to deal with Windsor's allegations of corruption in the federal courts.

Windsor says: "If The Supreme Court fails to act against these federal judges, the citizens of the United States need to know that there is not a shred of decency, honesty, or Constitutional rights in our federal courts.  Corruption has consumed the federal court system, and we now live in a police state.  Judges are free to do absolutely anything they want.  Our laws are meaningless.  Your life savings can be stolen by a federal judge, and they have no risk in violating every law in the books."

The Supreme Court may render its decision before the end of the year.  It's one retired grandpa against the United States government.