Anderson Cooper has used the word 'LIES" multiple times about Mubarak! Says Mubarak thinks "HE IS Egypt" and was violent against the people! WOW - Over and over saying Mubarak is LYING! He is one Upset and Pissed off person! I have to say he is right now the one and only MSM personality who is saying the truth!
Says all the people are cronies under Mubarak and the U.S. administration is just accepting the same old stuff!
Says Mubarak is stepping on the people of Egypt's Blood with his speech!
I have tried over and over to get the embed code - but something is wrong and it won't let me, so here is the link to watch it.
Some are saying he went over the top with his thoughts - Here is the Link
Through TRUTH we Will Create a Better World Together. There is no real division of left or right, religions, or anything else, it was all created to keep us separated. Coming together as ONE in Truth we are the Power! We CAN and WILL create the world as it is meant to be through Truth of What is and Ourselves! In Truth We Stand!
Thursday, February 10, 2011
U.S. has to Support a Dictator and Lift up Mubarak, due to threats from King of Saudi Arabia! So U.S. supports Dictators After All?
It seems the U.S. can go around the world saying all people should have Human Rights and Freedom and they support Democratic governments, but they don't walk the talk.
We know the U.S. has supported Mubarak for 30 years and have given billions to the country (to Mubarak - now the richest man in the world - worth 70 Billion) forpay off aid. Mubarak has been a dictator that has suppressed the people in all ways. As he was becoming more wealthy in the tune of 70 Billion the people were becoming poorer and poorer, where as their average pay equals $2000 per year.
It seems the U.S. has to back down on calling for Mubarak to step down and let a transition begin with someone else in power. The King of Saudi Arabia is upset with the U.S. for saying Mubarak has to go.
According to this article, the King of Saudi Arabia has directly told Obama not to humiliate Mubarak!
My question to this is, if the King of Saudi Arabia is very close with Mubarak then is he not a dictator too? Also didn't all those terrorist of 9/11 come from Saudi Arabia? Why have no repercussions ever happened to them, due to them supporting the terrorist of 9/11? Considering the U.S. went into Iraq, saying they supported the terrorist of 9/11 and that was the reason for the war we are in there.
The King of Saudi Arabia said he would then provide aid to Egypt if the U.S. withdrew that aid! Well I say "GO FOR IT"!! Please do take over the aid to Egypt! I believe the U.S. should not be supporting and aiding a dictator in the first place who seems to be pocketing the money instead of using it for the people!
It will be interesting how the U.S. will back track in not supporting a Democratic government transition and instead support a dictator!
Because the U.S. has to back track now, is this why all of a sudden the U.S. is sending multiple military ships including aircraft carriers to Egypt?
Portion:
Another Portion of Article:
So my question to the White House is what are you going to do now? I know one thing, I am NOT comfortable with you building up a huge military presence in the waters surrounding Egypt. What exactly do you plan on doing? Do you plan on fighting for the Dictator against the people or do you plan on helping the people get rid of a horrendous dictator along with his newly appointed VP? This is the people's fight of Egypt this is NOT the U.S.'s fight! NO military action should be taken in any way shape or form for either side!
Also the people don't need a "Leader" in Egypt, as MSM keeps saying they need and governments around the world say they need! People of the World do not need the "Elite" to keep telling them what they have a right to do or not do! We are feeling the chains of suppression the energies are changing, people are waking up to the fact they have been controlled by the Elite all around the world. That is evident by the revolutions happening.
Also the Egyptian people don't need a new Leader who says "I am for Change of the Better and Yes, We Can Change for Freedoms and Democracy for the People" and then that leader just continues the old leaders policies and even enacts more suppressive policies against the people, that the old leader was not able to accomplish! Yeah, Change People can believe in of Freedoms given back!! I have to warn the Egyptians - don't buy it!! They LIE - We know in the U.S. from experience!
UPDATE - 10:58am est - It is being said, by the New York Times, Mubarak will possibly Step DOWN Tonight and pass the Ruling of Egypt to his Vice President - Suleiman!
Suleiman is the CIA man and has been Mubarak's henchman in Egypt - Just listen to what Anderson Cooper said about him! Which is the only MSM person I have heard tell the truth about who Suleiman is. The White House and all the other governments have been calling for Suleiman to become President, is there any wonder? He would continue Mabarak's policies and I believe the people would be in danger that have stood up and protested in Egypt.
Portion from Link:
We know the U.S. has supported Mubarak for 30 years and have given billions to the country (to Mubarak - now the richest man in the world - worth 70 Billion) for
It seems the U.S. has to back down on calling for Mubarak to step down and let a transition begin with someone else in power. The King of Saudi Arabia is upset with the U.S. for saying Mubarak has to go.
According to this article, the King of Saudi Arabia has directly told Obama not to humiliate Mubarak!
My question to this is, if the King of Saudi Arabia is very close with Mubarak then is he not a dictator too? Also didn't all those terrorist of 9/11 come from Saudi Arabia? Why have no repercussions ever happened to them, due to them supporting the terrorist of 9/11? Considering the U.S. went into Iraq, saying they supported the terrorist of 9/11 and that was the reason for the war we are in there.
The King of Saudi Arabia said he would then provide aid to Egypt if the U.S. withdrew that aid! Well I say "GO FOR IT"!! Please do take over the aid to Egypt! I believe the U.S. should not be supporting and aiding a dictator in the first place who seems to be pocketing the money instead of using it for the people!
It will be interesting how the U.S. will back track in not supporting a Democratic government transition and instead support a dictator!
Because the U.S. has to back track now, is this why all of a sudden the U.S. is sending multiple military ships including aircraft carriers to Egypt?
Portion:
America's closest ally in the Gulf made clear that the Egyptian president must be allowed to stay on to oversee the transition towards peaceful democracy and then leave with dignity.
"Mubarak and King Abdullah are not just allies, they are close friends, and the King is not about to see his friend cast aside and humiliated," a senior source in the Saudi capital told The Times
Besides the King of Saudi Arabia telling the U.S. to back down regarding Mubarak - it seems Mubarak is behind HUNDREDS POSSIBLY THOUSANDS OF DEMONSTRATORS WHO HAVE DISAPPEARED AND MANY HAVE NOT RETURNED!
Another Portion of Article:
Meanwhile, the Egyptian military has been accused of being involved in both the disappearance and torture of Egyptian citizens, including the use of electric shocks.
Hossam Bahgat, director of the Egyptian Initiative for Personal Rights in Cairo, said hundreds, and possibly thousands, of ordinary people had "disappeared" into military custody across the country. Many were still missing.
"Their range is very wide, from people who were at the protests or detained for breaking curfew to those who talked back at an army officer or were handed over to the army for looking suspicious or for looking like foreigners even if they were not," he said.
"It's unusual and to the best of our knowledge it's also unprecedented for the army to be doing this."
The military has maintained that it is neutral in the current unrest.
Also the people don't need a "Leader" in Egypt, as MSM keeps saying they need and governments around the world say they need! People of the World do not need the "Elite" to keep telling them what they have a right to do or not do! We are feeling the chains of suppression the energies are changing, people are waking up to the fact they have been controlled by the Elite all around the world. That is evident by the revolutions happening.
Also the Egyptian people don't need a new Leader who says "I am for Change of the Better and Yes, We Can Change for Freedoms and Democracy for the People" and then that leader just continues the old leaders policies and even enacts more suppressive policies against the people, that the old leader was not able to accomplish! Yeah, Change People can believe in of Freedoms given back!! I have to warn the Egyptians - don't buy it!! They LIE - We know in the U.S. from experience!
UPDATE - 10:58am est - It is being said, by the New York Times, Mubarak will possibly Step DOWN Tonight and pass the Ruling of Egypt to his Vice President - Suleiman!
Suleiman is the CIA man and has been Mubarak's henchman in Egypt - Just listen to what Anderson Cooper said about him! Which is the only MSM person I have heard tell the truth about who Suleiman is. The White House and all the other governments have been calling for Suleiman to become President, is there any wonder? He would continue Mabarak's policies and I believe the people would be in danger that have stood up and protested in Egypt.
Portion from Link:
In an interview with CNN minutes ago, Dr. Hossam Badrawy, the secretary-general of Egypt's ruling National Democratic Party, confirmed that President Hosni Mubarak is currently discussing the possibility of transferring power to his vice president, Omar Suleiman.
Dr. Badrawy added that Mr. Mubarak "might be giving a talk to the nation" as soon as tonight, and hinted that he would make a statement "which I believe should accommodate the protesters." The protesters have insisted that Mr. Mubarak must resign.
UPDATE 4:51pm est. - Mubarak refuses to Step Down - Handing over control to Vice President Suleiman but will NOT Give up Title as President of Egypt!!
CAIRO - Egyptian President Hosni Mubarak announced he is handing his powers over to his vice president, Omar Suleiman, and ordered constitutional amendments. But the move means he retains his title of president and ensures regime control over the reform process, falling short of protester demands.
UPDATE 4:51pm est. - Mubarak refuses to Step Down - Handing over control to Vice President Suleiman but will NOT Give up Title as President of Egypt!!
Portion
CAIRO - Egyptian President Hosni Mubarak announced he is handing his powers over to his vice president, Omar Suleiman, and ordered constitutional amendments. But the move means he retains his title of president and ensures regime control over the reform process, falling short of protester demands.
Wednesday, February 9, 2011
It is Time for Ethanol fuel to STOP! Corn prices going through roof, bad harvest - China importing more than ever! Let Corn be where most needed - Food NOT Fuel
Corn prices have been shooting up the last week in commodity trades. China is now importing more than ever, in fact 9 times more than last year! Corn has been wiped out in many places due to floods, droughts etc around the world. There is less corn in storage than ever before. The list goes on and on about a depletion of harvest-able corn.
Yet, a large percentage of corn is taken and used for Ethanol fuel instead of being used for food. 26 pounds of corn is needed to make one gallon of Ethanol. In 2006, the U.S. consumed nearly 5.4 billion gallons of ethanol. Now compute those numbers into how much corn is used as fuel instead of food!
There are many people starving around the world and are without food, besides food prices inflating big time everywhere. That is how all the protests got started in the Middle East. It is over food and the price of food in that area.
There is a lack of food being provided due to all the floods and droughts of the last few years.
The time is NOW to stop subsidizing corn and giving billions to those (good ole boy farm networks) who grow corn strictly for fuel. It is time to STOP the giveaway of tax payer money to those corporate farms! Let them grow the corn for food! The world's population needs the corn to go to food now!
It is simply outrageous our elected officials are not recognizing how the tax payer money is going to something so wasteful now when it is needed for those who are desperate for food!
Please contact your elected officials and ask they STOP subsidizing corn being grown for Ethanol gas and let it be grown for a much larger and needed purpose..................
Yet, a large percentage of corn is taken and used for Ethanol fuel instead of being used for food. 26 pounds of corn is needed to make one gallon of Ethanol. In 2006, the U.S. consumed nearly 5.4 billion gallons of ethanol. Now compute those numbers into how much corn is used as fuel instead of food!
There is a lack of food being provided due to all the floods and droughts of the last few years.
The time is NOW to stop subsidizing corn and giving billions to those (good ole boy farm networks) who grow corn strictly for fuel. It is time to STOP the giveaway of tax payer money to those corporate farms! Let them grow the corn for food! The world's population needs the corn to go to food now!
It is simply outrageous our elected officials are not recognizing how the tax payer money is going to something so wasteful now when it is needed for those who are desperate for food!
Please contact your elected officials and ask they STOP subsidizing corn being grown for Ethanol gas and let it be grown for a much larger and needed purpose..................
FOOD FOR THE WORLD!
David Pimental, a leading Cornell University agricultural expert, has calculated that powering the average U.S. automobile for one year on ethanol (blended with gasoline) derived from corn would require 11 acres of farmland, the same space needed to grow a year's supply of food for seven people. Adding up the energy costs of corn production and its conversion into ethanol, 131,000 BTUs are needed to make one gallon of ethanol. One gallon of ethanol has an energy value of only 77,000 BTUS. Thus, 70 percent more energy is required to produce ethanol than the energy that actually is in it. Every time you make one gallon of ethanol, there is a net energy loss of 54,000 BTUs.
Mr. Pimentel concluded that "abusing our precious croplands to grow corn for an energy-inefficient process that yields low-grade automobile fuels amounts to unsustainable subsidized food burning".
Mr. Pimentel concluded that "abusing our precious croplands to grow corn for an energy-inefficient process that yields low-grade automobile fuels amounts to unsustainable subsidized food burning".
Neither increases in government subsidies to corn-based ethanol fuel nor hikes in the price of petroleum can overcome what Cornell University agricultural scientist, David Pimentel, calls a fundamental input-yield problem: It takes more energy to make ethanol from grain than the combustion of ethanol produces.
At a time when ethanol-gasoline mixtures (gasohol) are touted as the American answer to fossil fuel shortages by corn producers, food processors and some lawmakers, Cornell’s David Pimentel, one of the world’s leading experts in issues relating to energy and agriculture, takes a longer range view.
"Abusing our precious croplands to grow corn for an energy-inefficient process that yields low-grade automobile fuel amounts to unsustainable, subsidized food burning", says the Cornell professor in the College of Agriculture and Life Sciences. Pimentel, who chaired a U.S. Department of Energy panel that investigated the energetics, economics and environmental aspects of ethanol production several years ago, subsequently conducted a detailed analysis of the corn-to-car fuel process. His findings are published in the September, 2001 issue of the Encyclopedia of Physical Sciences and Technology .
Among his findings are:
- An acre of U.S. corn yields about 7,110 pounds of corn for processing into 328 gallons of ethanol. But planting, growing and harvesting that much corn requires about 140 gallons of fossil fuels and costs $347 per acre, according to Pimentel’s analysis. Thus, even before corn is converted to ethanol, the feedstock costs $1.05 per gallon of ethanol.
- The energy economics get worse at the processing plants, where the grain is crushed and fermented. As many as three distillation steps are needed to separate the 8 percent ethanol from the 92 percent water. Additional treatment and energy are required to produce the 99.8 percent pure ethanol for mixing with gasoline.
- Adding up the energy costs of corn production and its conversion to ethanol, 131,000 BTUs are needed to make 1 gallon of ethanol. One gallon of ethanol has an energy value of only 77,000 BTU. "Put another way", Pimentel says, "about 70 percent more energy is required to produce ethanol than the energy that actually is in ethanol. Every time you make 1 gallon of ethanol, there is a net energy loss of 54,000 BTU".
- Ethanol from corn costs about $1.74 per gallon to produce, compared with about 95 cents to produce a gallon of gasoline. "That helps explain why fossil fuels-not ethanol-are used to produce ethanol", Pimentel says. "The growers and processors can’t afford to burn ethanol to make ethanol. U.S. drivers couldn’t afford it, either, if it weren’t for government subsidies to artificially lower the price".
- Most economic analyses of corn-to-ethanol production overlook the costs of environmental damages, which Pimentel says should add another 23 cents per gallon. "Corn production in the U.S. erodes soil about 12 times faster than the soil can be reformed, and irrigating corn mines groundwater 25 percent faster than the natural recharge rate of ground water. The environmental system in which corn is being produced is being rapidly degraded. Corn should not be considered a renewable resource for ethanol energy production, especially when human food is being converted into ethanol".
- The approximately $1 billion a year in current federal and state subsidies (mainly to large corporations) for ethanol production are not the only costs to consumers, the Cornell scientist observes. Subsidized corn results in higher prices for meat, milk and eggs because about 70 percent of corn grain is fed to livestock and poultry in the United States. Increasing ethanol production would further inflate corn prices, Pimentel says, noting: "In addition to paying tax dollars for ethanol subsidies, consumers would be paying significantly higher food prices in the marketplace".
- Nickels and dimes aside, some drivers still would rather see their cars fueled by farms in the Midwest than by oil wells in the Middle East, Pimentel acknowledges, so he calculated the amount of corn needed to power an automobile:
- The average U.S. automobile, traveling 10,000 miles a year on pure ethanol (not a gasoline-ethanol mix) would need about 852 gallons of the corn-based fuel. This would take 11 acres to grow, based on net ethanol production. This is the same amount of cropland required to feed seven Americans.
- If all the automobiles in the United States were fueled with 100 percent ethanol, a total of about 97 percent of U.S. land area would be needed to grow the corn feedstock. Corn would cover nearly the total land area of the United States.
Dennis Kucinich and Ron Paul, Videos - Time to Stand up and Live by Constitution! NO Patriot Act Renewal! Patriot Act Undermines Constitution - Take a Stand for Constitution!
We NEED more people like Dennis Kucinich - He said TIME TO STAND UP FOR THE CONSTITUTION! IT IS WHAT "DON'T TREAD ON ME MEANS"! DO NOT RENEW PATRIOT ACT!
btw: The Patriot Act renewal DID FAIL yesterday in the house, there were not enough votes for it to pass!!!
We should be getting our constitutional rights back! Lets see if that actually happens!
Dennis Kucinich
Ron Paul
btw: The Patriot Act renewal DID FAIL yesterday in the house, there were not enough votes for it to pass!!!
We should be getting our constitutional rights back! Lets see if that actually happens!
Dennis Kucinich
Ron Paul
U.S. government trying to Figure a Way out of the Mortgage Market - Getting Rid of Fannie and Freddie - wants the Too Big to Fail Banks to take the Risk
The Wall Street Journal has a story about how the White House and U.S. government is trying to figure out how to get out of the mortgage market and let the "Too big to fail banks" take over Fannie and Freddie - which are government guaranteed/insured backed mortgages.
Is there any wonder why they suddenly would like to get out of the mortgage market? They no doubt see the writing on the wall with all the fraud now being stood up to by the people and judges in the country.
Judges just a year ago, continued to let the fraud go on in most cases throughout the country. They refused to acknowledge the fraud of the paperwork and continued to give the rights to foreclose to the banks. There were a few judges who stood by the law and refused to accept the fraud of the banks, though the banks would argue in court "Judge this is the way it has always been done, you can't rule against it". (Seriously, that was really some arguments of the banks in courtrooms!)
The judges that ruled by the law, created the wave of media attention, it took many to do so, as the Supreme Court of Kansas was the first to really rule against MERS almost 2 years ago. The wave of MERS fraud only just came out to full public knowledge a couple of months ago. Yet, it is still not full public knowledge as the public has not really been informed about what the "paperwork irregularities and robo signing notaries" are really about.
The government is now trying to get out of the mortgages as fast as possible. They know it is all blowing up. They want out of the mortgage market due to all the fraud of the banks. Of course they are not saying so directly. There is no stopping the judges now having to rule by the law, even those who had not done so previously. There are enough Supreme Courts of various states who have been ruling against the banks, so there is no ignoring the law for judges anymore. A lawyer can simply say "But, Judge here is how this Supreme Court ruled, because of this". Lawyers always use other cases and rulings to defend clients.
I have to give it to those lawyers who first began the defense of people being foreclosed on. They had a very hard job in front of them, proving how the banks committed fraud. They have paved the way for other lawyers to put together their defense of foreclosure. So I would like to Thank all those lawyers and people who stood up to the fraud from the beginning, I know the road has not been easy.
Back to the original premise of this post. The Wall Street journal says the government wants out of mortgages, though they don't say the real reason why. All you have to do, is read between the lines to see the government is looking for a way out of mortgages and though they say it will take years, I would bet they are working behind the scenes for it to take a lot less time. Is that part of what all that printing of money is about?
Portions of article:
While Fannie and Freddie are already on track to reduce their combined $1.5 trillion mortgage portfolios by 10% annually, the paper could also recommend accelerating that run-off if market conditions can support it.
But some economists and regulators have warned any new government backstops would put too much risk on taxpayers. In exchange for guaranteeing loans, policy makers could face pressure to under-price guarantees. Any options must also navigate a mortgage market that has grown increasingly consolidated and risks shifting the "too-big-to-fail" risks from Fannie and Freddie to U.S. megabanks.
Is there any wonder why they suddenly would like to get out of the mortgage market? They no doubt see the writing on the wall with all the fraud now being stood up to by the people and judges in the country.
Judges just a year ago, continued to let the fraud go on in most cases throughout the country. They refused to acknowledge the fraud of the paperwork and continued to give the rights to foreclose to the banks. There were a few judges who stood by the law and refused to accept the fraud of the banks, though the banks would argue in court "Judge this is the way it has always been done, you can't rule against it". (Seriously, that was really some arguments of the banks in courtrooms!)
The judges that ruled by the law, created the wave of media attention, it took many to do so, as the Supreme Court of Kansas was the first to really rule against MERS almost 2 years ago. The wave of MERS fraud only just came out to full public knowledge a couple of months ago. Yet, it is still not full public knowledge as the public has not really been informed about what the "paperwork irregularities and robo signing notaries" are really about.
The government is now trying to get out of the mortgages as fast as possible. They know it is all blowing up. They want out of the mortgage market due to all the fraud of the banks. Of course they are not saying so directly. There is no stopping the judges now having to rule by the law, even those who had not done so previously. There are enough Supreme Courts of various states who have been ruling against the banks, so there is no ignoring the law for judges anymore. A lawyer can simply say "But, Judge here is how this Supreme Court ruled, because of this". Lawyers always use other cases and rulings to defend clients.
I have to give it to those lawyers who first began the defense of people being foreclosed on. They had a very hard job in front of them, proving how the banks committed fraud. They have paved the way for other lawyers to put together their defense of foreclosure. So I would like to Thank all those lawyers and people who stood up to the fraud from the beginning, I know the road has not been easy.
Back to the original premise of this post. The Wall Street journal says the government wants out of mortgages, though they don't say the real reason why. All you have to do, is read between the lines to see the government is looking for a way out of mortgages and though they say it will take years, I would bet they are working behind the scenes for it to take a lot less time. Is that part of what all that printing of money is about?
Portions of article:
More than two years after the government seized Fannie Mae and Freddie Mac, the Obama administration will recommend phasing out the housing-finance giants and gradually reducing the government's footprint in the mortgage market, according to people familiar with the matter
The administration's proposal to Congress is likely to assess the merits and drawbacks of each of the three options. The most conservative would propose no government role in the mortgage market beyond existing federal agencies, such as the Federal Housing Administration.
Treasury Secretary Timothy Geithner told PBS's Charlie Rose earlier this month that the housing-finance business was a "mess" and that the administration's plan would "crowd private capital" back in. That, he said, would curb the government role and leave "a system that will not be vulnerable to the really tragic colossal failures" of the past.
CNN - Anderson Cooper - Mubarak and VP Suleiman are tyrants and have Blood on their hands - He pulls no punches in saying they are Lying about Everything!
CNN - Anderson Cooper is back in the U.S. and is pulling no punches in what is really going on in Egypt. He says Mubarak and his Vice President Omar Suleiman, have blood on their hands. Omar Suleiman, the Vice President who Mubarak has recently appointed has been Mubarak's henchman and is a tyrant himself. He says they are lying about everything including how many they have killed and their detainment of human rights activist and protesters.
Labels:
Anderson Cooper,
CNN,
Egypt,
Murbarak,
Suleiman
Wednesday, February 2, 2011
Court ruled Bank of America can continue foreclosures once more in Nevada
A court ruled Bank of America can continue (FRAUD) foreclosures once more in Nevada. Last week I had reported a court halted all Bank of America foreclosures there. But it seems there may have been a huge amount of pressure on a judge to rule for Bank of America.
This is sad news, since all their foreclosures are based on fraud.
I would advise anyone with Bank of America or any MERS loan who is facing foreclosure to fight it!
Portion of Article:
This is sad news, since all their foreclosures are based on fraud.
I would advise anyone with Bank of America or any MERS loan who is facing foreclosure to fight it!
Portion of Article:
After being involved in the recent ‘robo-signing scandal’ and foreclosure debates, Bank of America Corporation (NYSE:BAC) has finally received approval from the court to continue operations in Nevada.
Tuesday, February 1, 2011
The Federal Reserve will not be changing TILA laws and Rights in July after all - Announced today! BUT where have our elected officials been on this?
If you had read my thoughts and post about the Federal Reserve, a private bank non government entity given the power to change our laws and rights of our being able to sue banks, you knew I was one pissed off person!
I don't normally go off, as I did in that post. In fact I was livid for days and I called our elected officials and let them know I was one pissed off person. I asked people to call their elected officials and Ron Paul. I don't know if many did. But one thing for sure, if there was going to be a revolt, it might have started in July over this right and laws changing.
The Federal Reserve announced today, they will not be changing the laws after all, come July. OH My, isn't that nice of them. That announcement should not have come from the Federal Reserve, that announcement should have come from our elected officials! Why do I say that? Because they should have taken a stand for the American people and also said " A private bank, can not change the laws we have put in place to protect the American public". Our elected officials should have ripped any rights the Federal Reserve had to even change our laws.
At this point they are saying the Federal Reserve is saying they won't modify the rights of the American people, but who is to say, they won't do it at some point in the future?
If the law had changed, that would have meant, banks could literally get away with any fraud they wanted to. That would mean, you could sign a TILA (truth in lending) at closing saying you will be getting a 2 percent loan and the bank could actually change it to a 10% loan the next week and there would have been nothing you could do about it, unless you paid the bank in full for the amount of the loan before you could sue them!
How outrageous is that? But is even more outrageous in my opinion, is our elected officials were going to let the Federal Reserve - A Private Bank - do that to the American People!
So, yes, we can be thankful that we won't have fraud committed in every which way to us by the banks, come July. But can we still be thankful that a private bank has that power in being able to change the rights of the American people?
I had been feeling the urgent need to get people to sue the banks for foreclosure fraud before July, at least that urgency has now been lifted. Yet, it should never have been placed there in the first place. We should never have had the worry that a right of the American public, against any type fraud from banks was possibly going to be taken away.
So, where are our elected officials in this? I never heard a word or statement of outrage from one official, including Ron Paul regarding the changing our TILA rights, that was going to be in place in July.
I still say, we need to keep asking our elected officials to take away ANY power the Federal Reserve has to change any of the U.S. laws and rights! I will keep saying over and over again - The Federal Reserve is a private bank. They are a corporate entity, who was given the right to print money for the United States with the Federal Reserve act of 1913. Our paper money says "Federal Reserve Note" on it - our coins are actually U.S. treasury money. But no corporate entity should have any power to change anything about our laws on their own.
I am not fooling myself either, I know Congress and the Senate change the laws constantly for private corporations and banks, but they still have to try and justify the laws, to those who elected them. A private corporation is not elected nor do they have to answer to the public.
I am breathing a sigh of relief, but I believe we need for our elected officials to answer to the fact they did not stand up to this change and they gave the power to a private entity to make a change it in the first place.
Article about Federal Reserve not changing TILA laws
Portion:
The Federal Reserve Board of Governors confirmed Tuesday that it will not proceed with plans to gut a principal federal remedy for predatory lending.
The Fed is officially backing down from its proposal to eliminate rescission, a critical component of consumer-protection law that strips banks of the right to make money on illegal loans.
I don't normally go off, as I did in that post. In fact I was livid for days and I called our elected officials and let them know I was one pissed off person. I asked people to call their elected officials and Ron Paul. I don't know if many did. But one thing for sure, if there was going to be a revolt, it might have started in July over this right and laws changing.
The Federal Reserve announced today, they will not be changing the laws after all, come July. OH My, isn't that nice of them. That announcement should not have come from the Federal Reserve, that announcement should have come from our elected officials! Why do I say that? Because they should have taken a stand for the American people and also said " A private bank, can not change the laws we have put in place to protect the American public". Our elected officials should have ripped any rights the Federal Reserve had to even change our laws.
At this point they are saying the Federal Reserve is saying they won't modify the rights of the American people, but who is to say, they won't do it at some point in the future?
If the law had changed, that would have meant, banks could literally get away with any fraud they wanted to. That would mean, you could sign a TILA (truth in lending) at closing saying you will be getting a 2 percent loan and the bank could actually change it to a 10% loan the next week and there would have been nothing you could do about it, unless you paid the bank in full for the amount of the loan before you could sue them!
How outrageous is that? But is even more outrageous in my opinion, is our elected officials were going to let the Federal Reserve - A Private Bank - do that to the American People!
So, yes, we can be thankful that we won't have fraud committed in every which way to us by the banks, come July. But can we still be thankful that a private bank has that power in being able to change the rights of the American people?
I had been feeling the urgent need to get people to sue the banks for foreclosure fraud before July, at least that urgency has now been lifted. Yet, it should never have been placed there in the first place. We should never have had the worry that a right of the American public, against any type fraud from banks was possibly going to be taken away.
So, where are our elected officials in this? I never heard a word or statement of outrage from one official, including Ron Paul regarding the changing our TILA rights, that was going to be in place in July.
I still say, we need to keep asking our elected officials to take away ANY power the Federal Reserve has to change any of the U.S. laws and rights! I will keep saying over and over again - The Federal Reserve is a private bank. They are a corporate entity, who was given the right to print money for the United States with the Federal Reserve act of 1913. Our paper money says "Federal Reserve Note" on it - our coins are actually U.S. treasury money. But no corporate entity should have any power to change anything about our laws on their own.
I am not fooling myself either, I know Congress and the Senate change the laws constantly for private corporations and banks, but they still have to try and justify the laws, to those who elected them. A private corporation is not elected nor do they have to answer to the public.
I am breathing a sigh of relief, but I believe we need for our elected officials to answer to the fact they did not stand up to this change and they gave the power to a private entity to make a change it in the first place.
Article about Federal Reserve not changing TILA laws
Portion:
The Federal Reserve Board of Governors confirmed Tuesday that it will not proceed with plans to gut a principal federal remedy for predatory lending.
"The Board has determined that proceeding with the 2009 and 2010 proposals would not be in the public interest," the Fed said in a press release. "Accordingly, the Board does not expect to finalize the August 2009 and September 2010 proposals prior to the July 2011 date for transfer of rulemaking authority to the CFPB."
Ohio Judge, Requiring ALL foreclosure Attorneys to Sign and Attest to Foreclosure Documents - Bank Attorneys upset filed against it to Supreme Court.
This is one of those rulings and attorney reactions that make you go hhhmmm.........................
An Ohio Judge is requiring all attorneys for banks trying to foreclose on people, to sign and verify ALL foreclosure documents are valid and not fraud. Well, the Ohio bank foreclosing attorneys are not happy about that at all! They have filed suit in the Ohio Supreme court requesting a reversal of the Judges order.
Now, I have a question, if everything was on the up and up and it was not fraud, why would bank attorneys be so upset, with having to only file valid paperwork? Jeez, isn't all their paperwork suppose to be legal, they are attorneys after all, who are suppose to go by the laws.
Instead they don't seem to want to go by what is legal, otherwise they would not have filed suit against having to have valid paperwork to foreclose on people for the banks.
Every single state should have this requirement, it does not matter if it is a non-judicial or judicial foreclosure state. This is something all the Attorney Generals who are supposedly investigating the foreclosure fraud, should stipulate for all states. NO, fraudulent paperwork should ever be filed.
I have a question too. If you or I were caught filing fraudulent paperwork in the courts, would we be shown a jail cell immediately? How come the banks and attorneys can file one fraudulent piece of paperwork after another in the courts and not go to jail? Yeah, I know silly question. There is one set of laws for us normal folks and another whole set of laws for the banks and corporations who run the governments.
From article:
An Ohio Judge is requiring all attorneys for banks trying to foreclose on people, to sign and verify ALL foreclosure documents are valid and not fraud. Well, the Ohio bank foreclosing attorneys are not happy about that at all! They have filed suit in the Ohio Supreme court requesting a reversal of the Judges order.
Now, I have a question, if everything was on the up and up and it was not fraud, why would bank attorneys be so upset, with having to only file valid paperwork? Jeez, isn't all their paperwork suppose to be legal, they are attorneys after all, who are suppose to go by the laws.
Instead they don't seem to want to go by what is legal, otherwise they would not have filed suit against having to have valid paperwork to foreclose on people for the banks.
Every single state should have this requirement, it does not matter if it is a non-judicial or judicial foreclosure state. This is something all the Attorney Generals who are supposedly investigating the foreclosure fraud, should stipulate for all states. NO, fraudulent paperwork should ever be filed.
I have a question too. If you or I were caught filing fraudulent paperwork in the courts, would we be shown a jail cell immediately? How come the banks and attorneys can file one fraudulent piece of paperwork after another in the courts and not go to jail? Yeah, I know silly question. There is one set of laws for us normal folks and another whole set of laws for the banks and corporations who run the governments.
From article:
An interesting phenomena has been somewhat quietly developing over the past several months. Members of state judiciaries are increasingly scrutinizing foreclosures and foreclosure documents, sometimes invalidating foreclosures and ruling against lenders. I think that it is somewhat telling that it is the judicial, rather than legislative or executive branches of our government taking these steps.
According to an article in today’s Columbus Dispatch (which I learned of due to a post on NakedCapitalism), some Ohio judges are requiring attorneys to sign and verify all foreclosure documents to attest to their validity.
The lawyers have filed a writ of prohibition asking the Ohio Supreme Court to reverse this order, as they claim it represents a violation of attorney-client privilege. This is not the first state to issue such a requirement. Attorneys have been required to sign similar certifications in New York State since last October. One of the judges in question commented:
“Before we sign off on foreclosures, we want to make sure we are diligent in confirming the accuracy of those filings. It’s a life-changing event.”
This story is not so interesting in and of itself, but is more interesting to me in that it continues a trend increased foreclosure scrutiny that is building in this country.
Recently we have seen:
- The Massachusetts Supreme Court rule against lenders in the Ibanez case.
- Another Massachusetts case could invalidate the sale of some foreclosed homes in that state.
- The validity of mortgages transferred through MERS is being litigated in Utah and several foreclosures have been invalidated there.
- Judge Arthur Schack in Brooklyn has dismissed many foreclosure cases with prejudice due to bad or missing paperwork.
- Ally Financial withdrew hundreds of robo-signed foreclosures in Maryland.
- Vermont and New Jersey are both in the process of changing their foreclosure laws to afford greater protection to homeowners.
- The Chief Justice of the Supreme Court of New Jersey threatened to suspend foreclosures by major banks statewide unless they can definitively show in court that they are in compliance with state law.
- FDIC Chairman Sheila Bair proposed a Foreclosure Claims Commission to compensate those who were foreclosed upon wrongfully.
- Judges in Nevada froze almost 9,000 foreclosures last week. Bank of America is appealing the order.
I am very interested to see if pressure on major lenders eventually leads them to make some sort of widespread concessions toward homeowners in order to avoid liabilities posed by mortgage backed securities and foreclosure processes. Stay tuned.
Funny how, U.S. MSM saying about 100,000 in Tahrir Square Egypt - but Al Jazeera saying 2 million in and around square
OH, our good ole U.S. MSM media. The Today show said about One Hundred Thousand were gathered in Tahrir Square, Egypt. I have listened to the cables news just to see what they are saying in the amount of people protesting in Egypt right now. They have scrolling across the bottom "Tens of Thousands". Also lets remember how MSM was saying those in Egypt were calling for a "Million people march" today.
Now, they are trying to say, without saying directly that the people aren't showing up. It is the normal propaganda of MSM, of not telling the truth for their own reasons.
How can anyone believe what MSM says anymore? Why can't they tell the truth about how many people are protesting in Egypt? Because they don't want Mubarak to go?
The whole middle eastern people are tired of the oppression of their governments and it shows the energy is changing around the world. People are feeling the clamp down control of those in power and are standing up saying "We are mad as hell and aren't going to take it anymore".
I stand with all those who are standing up for their rights and for freedoms and humanity dignity, which those in power do not provide to people anymore.
To watch what is happening in Egypt, Live the Al Jazeera English Live Stream is linked.
Labels:
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