Fraud in America
Stephen LendmanForeclosuregate is one part of a far greater problem
Contents Pages by Subject
Corruption
Karl Denninger on Foreclosure-Gate: The Question Nobody Is Asking
• Market-ticker.denninger.org/If we don't get on the ass of the politicians, prosecutors and judges now you can bet the banksters will try to find some way through the legislature to make this all retroactively legal by bribing them with campaign "contributions", as they have man
Foreclosure-Gate: Debunking the Banks Procedural Problems Defense
• NakedCapitalism.com/This country cannot stand as a democracy if there is one set of law for the banks, corps, elites and another set of law for the rest of us. Perjury and fraud on the court is very serious matter. It is not a mere paperwork problem.
40 State Attorneys General to Investigate Mortgage Fraud
• GlobalEconomicAnalysis.blogspot.comState attorneys general led by Iowa’s Tom Miller are in talks that may lead to the announcement of a coordinated probe as soon as Oct. 12, said the person, who declined to be identified because a final agreement hasn’t been reached.
Janet Tavakoli On The "Biggest Fraud In The History Of Capital Markets"
• ZeroHedge.comJanet Tavakoli: This is the biggest fraud in the history of the capital markets. And it’s not something that happened last week. It happened when these loans were originated, in some cases years ago.
James Howard Kunstler: Full Bore to the Vanishing Point
• Kunstler.comSooner or later, somebody with a badge is going to demand to look inside their vaults and examine the paper they are hiding in there. And when that day comes, the truth will be revealed about the greatest self-swindling of any nation...
Nevada Wild Horse Court Case Still Alive and Kicking
• The PPJ GazettePress Release from Grass Roots Horse Seeking a court order to stop the already underway Silver King, Nevada wild horse roundup, at least until the court can hear the case, Laura Leigh filed an amended motion for a Temporary Restraining Order today
Dylan Ratigan With William Black: Psychotic Foreclosure Fraud
• Market-ticker.denninger.org/"The real losses are being hidden by the Federal Reserve to the tune of trillions of dollars right now." Documentary about Foreclosure Fraud out October 8th (well, that might have something to do with Judges bailing on the system... or more
AIG bailout exit doesn't resolve losses from TARP
• APAmerican International Group finally has a plan to exit the biggest of the Wall Street bailouts a month before midterm elections. But much as embattled lawmakers might wish otherwise, the book on TARP won't close anytime soon. There's no guarante
For US Corporations the Whole of the Law Shall Be 'Do What Thou Wilt'
• JessesCrossRoadsCafe.blogspot.com/"So long as they incorporate, businesses will now be free to trade in or exploit slaves, employ mercenary armies to do dirty work for despots, perform genocides or operate torture prisons for a despot’s political opponents, or engage in piracy...
New Proof Wall Street Knew Its Mortgage Securities Were Subpar: Clayton Execs Testify
• Huffington PostDuring a little-noticed hearing a firm hired by Wall Street to analyze mortgages given to borrowers with poor credit, which were then packaged and sold to investors during the boom years, revealed 28% of those loans failed to meet basic underwriting
A Song For Our Times: John Lennon - Gimme Some Truth
• EconomicPolicyJournal.comI've had enough of reading things By neurotic, psychotic, pig-headed politicians All I want is the truth Just gimme some truth
Bell, California City Officials Bilk Taxpayers $5.5M in Inflated Salaries, 8 Arrested
• MSNBC.comEight current and former officials in the blue-collar city of Bell, including the former city manager and mayor, were arrested Tuesday and charged in a corruption investigation into bloated salaries and misuse of taxpayer funds. … District Attorney S
Vatican Bank faces money-laundering probe
• CNNItalian authorities are investigating the Vatican Bank over possible violations of money laundering regulations, the Bank of Italy told CNN Tuesday. The Vatican said Tuesday it is "perplexed and baffled" by the public prosecutor's actions, and
Karl Denninger: Charlie Munger's False Choice
• Market-ticker.denninger.org/Notice, again, how Munger doesn't think he should have to "suck it in and cope." This is the mark of a psychopath - a man who believes that others serve him, and that he has the right to compel them to do so - at gunpoint if necessary.
U.S. Court Finds Corporations Immune From Liability For Human Rights Abuses
• Speak Truth 2 PowerRuling by a panel of the U.S. Court of Appeals for the Second Circuit, concluded that corporations could not be sued for human rights abuses under the Alien Tort Statute (ATS).
OneUnited Bank received special treatment beyond what was disclosed
• Washington PostFrom the moment Boston-based OneUnited Bank began seeking a federal bailout in the summer of 2008, it received special treatment that went beyond what the Treasury Department or the bank and its political supporters have previously disclosed.
A Clever Activist did this
• Barry HessThis is one talented activist...
Bob Abbey’s BLM “Horse Harvesting” Machine Continues to Roll
• The PPJ GazetteLive Link: Straight from the Horses Heart Now if the BLM used half way humane methods of rounding up horses, perhaps we all wouldn’t have sat up and noticed and gotten this outraged. Using a contractor that has been convicted of killing wild horses
News rater, anti-Palin group get govt Gulf work
• APThe federal government hired a New Orleans man for $18,000 to appraise whether news stories about its actions in the Gulf oil spill were positive or negative for the Obama administration, which was keenly sensitive to comparisons between its response
Board may give Joe Arpaio access to RICO funds
• Arizona RepublicThe Maricopa County Sheriff's Office could start to receive $2,430,000 in racketeering and jail-enhancement funds under a proposal expected to appear today before the Board of Supervisors.
Corruption on U.S. Side of the Border Is Rising
• Slate.comCartels are now "employing Cold War-era spy tactics to recruit and corrupt U.S. officials," reports the Washington Post.
Ripping Off Dead War Vets' Beneficiaries
Stephen LendmanInsurers are stealing from the dead
Blackwater Won Contracts Through a Web of Companies
• NY TimesBlackwater Worldwide created a web of more than 30 shell companies or subsidiaries in part to obtain millions of dollars in American government contracts after the security company came under intense criticism for reckless conduct in Iraq, according
FORMER EMPLOYEE WITH MILITARY CONTRACTOR PLEADS GUILTY TO BRIBERY SCHEME: SUPPORT OF IRAQ WAR
• News LinkA former senior employee of a U.S. military contractor pleaded guilty today to conspiracy to pay $360,000 in bribes to U.S. Army contracting officials stationed at a U.S. military base in Kuwait, announced Assistant Attorney General Lanny A. Breuer o
Rosenberg Explains Why Yesterday's ISM Was A Lie
• ZeroHedge.com1.Most of the regional reports were very poor in August. Either they collectively all wrong or the ISM is.
“Wall Street Psycho:” 15 Signs of Moral & Ethical Pathology, Soul-Sickness.
• wallstreetwarzone.com/They’re morally blind money addicts who believe they’re “God’s chosen.” AA would say: They haven’t “bottomed,” won’t recover from their disease till a disaster hits, with another market meltdown and the “Great Depression 2.” Then maybe they’ll “quit
Former DOD Contract Employee Pleads Guilty to Bribery and Money Laundering Related to War Contracts
• Joel IrvingA former DOD contract employee pleaded guilty today to conspiracy to bribe U.S. Army contracting officials stationed at an Army base in Kuwait, and to money laundering conspiracy, announced the Assistant Attorney General. Agrees to Forfeit $650,000 t
Texas Counties $4.2 Million Drug Search and Seizures Money Funds Trips to Vegas
• GinnNice work if you can get it. A TX DA uses drug seizures as his own private slush fund. In addition, Three Former Brooks County DA secretaries paid over $1 million in salaries in three year period.
List of Goldman Sachs People in the Obama Government: The Giant Squid’s Tentacles
• fflambeauIt is vital to understand how widespread Goldman Sach's ties are to the Obama administration. This diary shows the pervasive influence of Goldman Sachs and Goldman created institutions (like the Hamilton Project embedded in the Brookings Institution)
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