Tag Archives: bailout

“Secret Shame” of Middle Class vs. Shamelessness of Banks

, While there is certainly much to appreciate in “The Secret Shame of the Middle-Class,” Neal Gabler’s recent article in The Atlantic, I still felt that it ultimately acts as an indictment of, rather than a gesture of solidarity with, … Continue reading

Posted in Crap-italism, Everything Is Rigged, Federal Reserve, Financial Terrorism, Foreclosure fraud, QE unlimited, Securitization Fail, Too big to fail | Tagged , , , , , , , , , , | 2 Comments

Bailout vs. Bernie: Which is more “socialist?”

Oh, the smugness that doth flow from those who fancy themselves to be cold realists, allegedly harboring nary a scintilla of fantasy about the way the world doth “really work”—a way which these smug folk unfailingly describe with a single, … Continue reading

Posted in Crap-italism, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, QE unlimited, Redistribution, Rent-seeking, Reverse socialism | Tagged , , , , , , , , , , , , | Leave a comment

“Why Have Any Laws?” Good question with a surprising answer.

That’s actually a good question from Mr. Mandvi in the above meme: “Why have any law?”  Of course, he’s talking about gun laws. But it’s far more important to ask that question about matters other than gun regulations.  What about … Continue reading

Posted in Conspiracy, Crap-italism, Everything Is Rigged, Financial Terrorism, Financialization, Foreclosure, Foreclosure fraud, Judicial Misconduct, Mary McCulley, Price-fixing, Terrorism, Too big to fail, Tyranny, US Bank | Tagged , , , , , , , , , , , , , , , | 2 Comments

ICELAND: END PRIVATIZED MONEY CREATION—THEIR BEST IDEA YET

As everyone who has accepted reality knows, the fraudulent concept we currently refer to as “money” is created out of thin air by commercial banks whenever you or I ask for a “loan” (see anniversary post from just yesterday: BANK … Continue reading

Posted in Crap-italism, Debt Slavery, Everything Is Rigged, fiat currency, Redistribution, self-issued currency | Tagged , , , , , , , | Leave a comment

BANKS’ FREE LUNCH=RECORD PROFITS, KIDS’ FREE LUNCH=RECORD LOSS

So the latest indicator that not only has there not been a financial/economic recovery for the average person in the U.S. but also things have gotten worse?  Over half of all public school students in the U.S. are now eligible … Continue reading

Posted in Crap-italism, Everything Is Rigged, Financial Terrorism, Foreclosure, Foreclosure fraud, homeless, Redistribution, Reverse socialism, stock market, Too big to fail, Wealth transfer | Tagged , , , , , , , , , , , | Leave a comment

FANNIE “MBS”= MORE BULLS@!#: MORGENSON MISTAKEN?

In an article from last week about Fannie Mae pursuing deficiency judgments in Florida, Gretchen Morgenson essentially defends Fannie Mae, saying this (“Borrowers, Beware: The Robo-Signers Aren’t Finished Yet,” New York Times, Nov. 15 2014): “Fannie Mae is certainly justified … Continue reading

Posted in Crap-italism, Endorsement, Everything Is Rigged, Fannie Mae, Foreclosure, Foreclosure fraud, MERS, Paper terrorism, Secondary debt market, Securitization Fail, Uncategorized | Tagged , , , , , , , | 1 Comment

BANKS PUT ALL RISK ON US, THEN TAKE ALL THE REWARD AND PRETEND THAT IS CAPITALISM

We all know that all fiat money, such as the U.S. dollar, is created out of thin air not by banks but by the people and only has value because said people ultimately have “faith” in it.  This is uncontroversial … Continue reading

Posted in Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Redistribution, Reverse socialism, self-issued currency, Too big to fail, Wealth transfer | Tagged , , , , , , , , , , , , , , , | Leave a comment

MERS: THE INVISIBILITY CLOAK OF THE BANKSTERS

Yes, the banks don’t want you to see what they’re doing–or not doing, as the case may be.  Specifically, they don’t want you to see that they have separated your note from your deed of trust/mortgage.  In my opinion (and … Continue reading

Posted in Asset Bubble, class war, Conspiracy, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financialization, Foreclosure fraud, Living Lies, MERS, QE unlimited, Redistribution, Reverse socialism, Securities, Securitization Fail, Wealth transfer | Tagged , , , , , , , , , , , , , , | 7 Comments

PT. 2: NO ENDORSEMENT, NO NEGOTIATION–NO NEGOTIATION, NO SECURITIZATION

Revisiting a great Neil Garfield article today on the subject of “ta-da” endorsements and the Wells Fargo manual (posted an excerpt of this article in my last post, which got me to reading over it again).  He had this to … Continue reading

Posted in Bank of America, Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Fannie Mae, Financial Terrorism, Foreclosure fraud, Kangaroo court, Living Lies, MERS, Paper terrorism, QE unlimited, Securitization Fail, Wells Fargo | Tagged , , , , , , , , , , , , , , , | 3 Comments

NO ENDORSEMENT, NO NEGOTIATION–NO NEGOTIATION, NO SECURITIZATION

Incredible story making the rounds the last few days about a rather high percentage of unendorsed notes being offered by the Bank of New York in foreclosure/bankruptcy cases.  As high as 79%.  That’s more than three quarters of the notes … Continue reading

Posted in Bank of America, Debt, Everything Is Rigged, Fannie Mae, fiat currency, Foreclosure, Foreclosure fraud, Living Lies, MERS, QE unlimited, Redistribution, Securitization Fail, Wells Fargo | Tagged , , , , , , , , , , , , , , , , | 4 Comments