The Banks are doing their due diligence lambasting the mortgage brokers; when it’s the mortgage brokers and loan officers that advocate for their clients. Banks have poisoned the well and expect the Tax Payers to cover their losses, while they do nothing to lower the Interest Rates and assist homeowners to refinance keeping their [...]
Entries from March 2009
March 30, 2009
The FDIC is now in the Banking Business..
Paulson, the man behind the Banking Crisis.
As this Banking Crisis continues on it’s marathon run making rules up willy-nilly as it ambles along gobbling up Taxpayer dollars leaping tall buildings at a single bound. Please take a minute and back-up [...]
March 30, 2009
Blow for Gordon Brown as £1.4 trillion spending blueprint is leaked:
Gordon Brown’s preparations for this week’s G20 summit in London got off to a bad start last night when a British blueprint for a £1.4 trillion worldwide spending boost was leaked.
In an embarrassing disclosure, a draft of the final communiqué to be signed off by world leaders at the end of the one-day gathering on [...]
March 28, 2009
Obama’s Latest No Banker Left Behind Scheme
On Wall Street, that is. So hyped by advance fanfare, Timothy Geithner unveiled his Public-Private Investment Program (PPIP) on March 23, the latest in a growing alphabet soup of handouts topping $12.5 trillion and counting – so much in so many forms, in [...]
March 26, 2009
Now we’re hearing the AIG Bail-Out wasn’t even necessary!
We’re all for Rehabbing People. Bankruptcy is for insolvent businesses. AIG is a business structure.
CBS) It’s reasonable to be outraged at the seven-figure bonuses that some of AIG’s top earners courtesy of taxpayers. But save some ire for the government officials who let this situation develop in the first place.
We’re starting to see [...]
March 26, 2009
Obama Began his Political Fundraising Last night…
On day 65 of his presidency, Barack Obama is getting back in political fundraising mode.
He’ll be attending two events this evening for the Democratic National Committee that are expected to raise as much as $3.5-million.
The first event, at the National Women in the Arts Museum, carries a ticket price of $30,400 per couple. Fifty couples [...]
March 25, 2009
Send Obama and Geithner to summer camp for remedial polilitcal training.
What a shame. Between Obama and Geither the only evolution to expect from Dumb and Dumber is more chaos added to our financial distress, continued devaluation of the dollar and nothing forthcoming in the way of HELP!.
Why is it that every time Tweedle dum and Tweedle-dee open their mouths at a press conference, [...]
March 25, 2009
Gordon Brown takes dressing down at the EU by a lesser MEP…
Calls Brown: “The devalued Prime Minister of a devalued Government.”
Fantastic Video, well worth watching! Pointing to PM Gordon Brown’s failure as he readys hosting the G-20 Summit.
March 25, 2009
BlowUp the Derivatives and forget them, say experts!
Myron Scholes, whose Black-Scholes option pricing model provided the intellectual underpinning for modern derivatives markets, thinks one particular derivatives market—that for credit default swaps—is due for a Red Adair style rescue. *Not a Fred Astaire* style rescue.
(ht/Justin Fox)
Red Adair put out oil well fires by setting off gigantic explosions at the wellhead. “My [...]
March 23, 2009
Obama’s economic plan a threat to our survival as a civilization…
FREEZE THE $1.5 QUADRILLION DERIVATIVES BUBBLE AS THE FIRST STEP TO WORLD ECONOMIC RECOVERY
ACT-INDEPENDENT.ORG STATEMENT TO G-20 SUMMIT
LONDON, APRIL 2, 2009
Washington DC , March 22 – On the eve of the long-awaited London conference of the G-20 nations, we are rapidly descending into the chaos of a Second World Economic Depression of catastrophic proportions. [...]
March 22, 2009
Thomas Jefferson’s Warning:
“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.”
Why [...]
March 21, 2009
Geithner and Dodd need to go. Obama drunk on Power..
The mismanagement of the country’s finances is staggering. Geither makes a 3Trillion dollar mistake calculating the Nation’s Budget. Dodd tells a bold face lie on camera to the American People.
Adding insult to injury, a president in a perpetual state of disconnect with the job he was hired to do is on top of the outcome [...]
March 20, 2009
HERE WE GO AGAIN:
Fannie Mae chiefs in line for huge bonuses.. HERE WE GO AGAIN! BANKERS ARE OUTLAWS POCKETING OUR MONEY!
Fannie Mae will pay its top executives retention bonuses of up to $611,000, the state-controlled mortgage lender and guarantor revealed yesterday amid the furore over compensation at AIG.
Meanwhile, a New York judge ordered Bank of America (BoA)
to disclose [...]
March 16, 2009
Alex Jones discusses Obama Deception…
For more information about this DVD…go here: info-link
March 15, 2009
With a Failing Economy, we’re saddled with a Flailing President. Obama
We knew he couldn’t HIT the ground running. We knew experience was needed to bring this dire Economy to heel. We knew the DNC was making a CO$TLY mistake. We knew it and they shoved an erstwhile “Party Animal” down our throats, when we needed the Presidential gravitas of Hillary R. Clinton.
Posted here is a [...]
