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When you were appointed to the Probate Court, I hoped we would finally have an opportunity for justice. I have pointed out the numerous unethical and inexcusable acts committed by Carolyn Young as trustee, with attached supporting documentation, i
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Fact-forger builds own problem to which he claims to be the solution, then molds that opportunity into long-term Mexico working vacation and rescue of his mortgage.
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Doug Casey: As Tacitus said in the second century A.D., "The more corrupt the state, the more numerous the laws." It's absolutely predictable that as all these governments around the world – and I mean all of them...
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As time goes on, the various Ministries of Truth just get better and better at their stock in trade. We’ve gone from artful obfuscation like “extraordinary rendition”, and “Public Private Investment Partnerships” to stress free “stress tests”...
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What is particularly interesting is that the SEC seems to be targeting specifically the sort of abuses that we have chronicled at length on this blog: failure to convey mortgages to the securitization trusts in accordance with the pooling...
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As my research into her practices has indicated, Melodie Scott has been euthanizing her clients and stealing their money with the full sanction of the justice system, possibly for decades. Due to the complicity of all those assisting Scott (either by
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The county folks have been counting this sham transaction as a "sale" for tax purposes. The banks have been counting this sham transaction for balance sheet valuation purposes. The county residents have been getting royally screwed...
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Will it detonate all municipal debt? No. But that's not what Meredith said. She said that there would be "many" defaults and reach hundreds of billions in face value.
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When Mayor Bloomberg came into office there was just one executive cook at Gracie Mansion to make the VIP feasts. Today there are three - costing taxpayers a whopping $245,000 this year. And despite the big spending cuts the mayor has ordered
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Once the predatory guardian, unknown to the Harvey’s prior to his accident, had petitioned and received guardianship of Gary, he lost all of his rights of any kind…and all of his assets. Now that the assets are depleted, the guardian has issued a “D
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The Potemkin American economy pretends that it can afford trillion-dollar wars, trillion-dollar military budgets, and trillion-dollar bailouts despite having sent much of its tax base offshore and undermining the dollar and creditworthiness of...
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In the wake of the recent GMO alfalfa victory for biotech pirates masquerading as USDA gatekeepers, here come the beets. This spring we can count on yet another biotech mutation receiving the USDA seal of approval, damn the law, full steam ahead.
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Senior executives at JPMorgan Chase expressed serious doubts about the legitimacy of Bernard Madoff’s investment business more than 18 months before his Ponzi scheme collapsed but continued to do business with him, according to internal bank document
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This story recounted below, is being repeated across the country in every state of the union as predatory guardians, with the aid of banks, attorneys and corrupt courts and police departments, prey on the elderly. Using the aid of the courts, and
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Whitney has put out a clear warning that may save many who have, because of her warning, sold their muni bonds. However, somebody else appears just as determined to move the chess pieces to crush Whitney for her warning, and silence her.
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The intifada between Meredith Whitney and the rest of the world just got uglier. According to Gasparino, the one-time Citi scourge has been called in to testify before the House TARP committee and explain her less than favorable position on munis.
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When a plaintiff files a complaint asking for a declaration of clear title after a mortgage foreclosure, a judge is entitled to ask for proof that the foreclosing entity was the mortgage holder at the time of the notice of sale or foreclosure….
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This problem is very much underdiagnosed because the servicer is judge, jury, and executioner as far as its charges are concerned. Borrowers find it a pitched battle to get the detailed payment records from servicers, even with a lawyer’s help.
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Already stinging from public release of fact that BATF enabled gun-running into Mexico, now it seems guns from the big sting operation in Phoenix last week resulted directly in a federal officer's killing.
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FDIC., which sold the failed BankUnited to a group on Wall Street led by a longtime New York banker. The FDIC agreed to reimburse as much as $10.5 billion in future loan losses—and gave the new owners $2.2 billion in cash. The buyers paid $945 millio
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What happened is that the benefits for originating bad loans exceeded the cost of these negative consequences – someone was paying enough more for bad loans to overwhelm the normal economic incentives to resist such bad underwriting.
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I have not seen one case that DID NOT have "legitimate issues", ie lack of standing, no causes of action, induced default, false placed insurance, bogus loan mod offers, escrow manipulations, robo-signing, false affidavits, defective assignments...
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Been wondering about favoritism? So have some of the Republicans who are going to start using their new subpoena power to investigate who is getting what and what they are receiving it for. And it is certainly starting to appear that there is good re
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The New York Branch of the Fed is leveraged more than 80 to 1. Meaning, that a loss of asset value of less than 1.5% would send it into receivership if it were a different kind of institution...The Fed is now in the business of manipulating the...
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Mr. Market has woken up to the fact that the Charlotte bank is particularly exposed to litigation risk. We were very critical of BofA’s purchase of Countrywide. As we said in January 2008:
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But I wonder. Had there been a Dutch Tulip Inquiry Commission nearly four centuries ago, it would no doubt have found tulip salesmen who fraudulently persuaded people to borrow money they could never pay back to buy tulips.
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Unable to comprehend, or sympathize with, the plight of the world’s miserable masses, encased in a bubble where the worst crisis they have to personally face is a broken chair lift at Davos, these preening Louis XIVs and Marie Antoinettes are in...
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During their unveiling of the FCIC report, they used words like deregulation, leverage, imprudent risk-taking, reckless behavior, failures at credit agencies, and failed regulators. Left out were words like crime, fraud, looting...
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Does this come as any surprise? Vilsack and his Monsanto buddies in the USDA have absolutely no intentions of regulating ANY genetically modified crop.
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When morality, reason, and sovereignty collapse together, we are left with outright anarchy, in everything but name. This is a reality so uncomfortable that hundreds of trillions dollars more of citizen retirement savings and other assets are...
