Big Banks: Under-Capitalized, Overexposed, Opaque
• Ritholtz.comThe massive injection of liquidity temporarily salved the day-to-day operations of banks, but they did not repair what ailed our financial institutions.
Contents Pages by Subject
Corruption
The Gap Between Americans Who Want To Govern Themselves And...
• Washingtonsblog.com“The Gap Between Americans Who Want To Govern Themselves And Politicians Who Want To Rule Over Them May Be As Big Today As The Gap Between The Colonies And England During The 18th Century...
BofA Threatens Foreclosure On Elderly Couple Who Paid Mortgage Early
• Businessinsider.comABC News reports that the bank made a mistake earlier this year, by initiating the foreclosure process on an elderly couple that had the audacity to submit a mortgage payment a week early.
Foreclosure-Gate: Amnesty for the Indefensible
• TruthDig.comThey will get away with it, at least in this life. “They” are the Wall Street usurers, people of a sort condemned in Scripture, who have brought more misery to this nation than we have known since the Great Depression.
More on the Opacity of Bank of America’s Financial Statements
• NakedCapitalism.com/Amusingly, BofA took issue with my post yesterday, but they didn’t contact me. Instead, they hectored Henry Blodget. Rather weird and frankly a bit cowardly...
The Keiser Report: Catherine Austin Fitts on the Financial Coup d'etat
• MaxKeiser.comCatherine Austin Fitts describes the financial coupe d'etat that is draining trillions of dollars from the American economy every year. The leaders of the coup believe they are are above all authority, and will use violence and murder to...
Bank of America: Does Someone Know Something?
• Market-ticker.orgIf it turns out that this is insider trading on material non-public information and BofA collapses - it is time for every American to cease working and go sit in Washington DC on the Mall - and refuse to leave until the FOMC, Treasury and Obama...
Karl Denninger: Are We Ready To Force Truth Yet?
• Market-ticker.orgThe US market as a whole has lost nearly 20%, nearly straight down, with four straight weeks of losses. The entirety of the "gains" since QE2 was announced are now gone - a year of market advance destroyed in less than four weeks.
What Does Darrell Issa Have In Common With Crack Whores?
• Market-ticker.orgThis nation deserves an all-on economic and political collapse. I don't want to see one, as I know that what comes from it will be horrifying, but we have no argument at a moral, ethical or for that matter Biblical level for avoiding it any longer.
Dear Fellow American...
• ZeroHedge.comWhy are we waiting to speak out, to act, to do what is necessary to protect our families, our children, our grand children and our country, yes OUR country, from those Capital Hill bandits, corporate horse thieves and fast buck bankster snake oil...
Police payment emails growing worry for Murdoch executives
• ReutersExecutives at Rupert Murdoch's UK-based News International are concerned that emails discussing questionable payments made to police may prove more problematic than those that discuss phone hacking,
Arizona Ombudsman’s office finds Quartzsite council at fault
• www.parkerliveonline.comA report by the Arizona Ombudsman agrees with Quartzsite Mayor Ed Foster that the town wrongfully denied his request for access to information about the town’s finances and payroll.
The “Non-GMO” Labeling Scam
• Farm WarsA company wants to market a product chock full of GMOs and every other thing under the sun, make it appear to be healthy, and use Non-GMO certification to sell it. So how do you do it?
Bank of America weighs foreclosure deal
• ReutersBank of America Corp may settle a state and federal probe of foreclosure practices in a deal that lets New York proceed with an inquiry into securitizations, Bloomberg reported citing two people with direct knowledge of the matter. The firm may pu
Rolling Stone Alleges Official Corruption?
• Market-ticker.orgThis is the bankrupt and criminal States of America, where we can't even get one State Attorney General to bring a perjury charge when there are 100,000 examples of people being ejected from their homes predicated on those perjured documents!
Quartzsite police firings case to move to federal court
• www.parkerliveonline.comAn attorney representing the police officers called Police Chief Gilbert to the stand. The town’s attorney responded by saying that he was not present in the courtroom, which drew an audible response from the 60+ crowd sitting and standing in the cou
Foreclosure-Gate: 92% of Foreclosures in NY Lack Proper Documents
• Alternet.org/In a three-month investigation, the New York Post found that in nearly all of the foreclosure proceedings, “banks have attempted to steamroll their way over sometimes-outgunned homeowners,” booting them out of their homes...
Video: The Bankers as the Enemy of Humanity
• NakedCapitalism.com/ & Market-ticker.orgThis video is stunning, in that it is a very articulate and well done rant that will resonate with many readers.
New York Fed Director Shills for Bank of New York, Argues Against Rule of Law
• NakedCapitalism.com/But what is even more disturbing than her disregard for the most basic facts is the underlying logic: that it’s perfectly OK to break the law if you make enough money at it to create employment.
Foreclosure-Gate: Mortgage Settlement Collapsing?
• Market-ticker.orgThat's nothing new. The old "tanks in the street" argument is repeatedly trotted out - "the economy will collapse if you don't let us continue to loot!"
A Businessman in Congress Helps His District and Himself
• NY TimesMost wealthy members of Congress push their financial activities to the side, with many even placing them in blind trusts to avoid appearances of conflicts of interest. But Mr. Issa, one of Washington’s richest lawmakers, may be alone in the hands-on
ForeclosureGate: Bank of America’s Moynihan Begs Geithner to Give Him...
• NakedCapitalism.com/So Moynihan is trying to imply that it is just the arbitrariness of certain states that is causing his bank grief, when it is the reverse: the states that have a decent proportion of judges that still take the rule of law seriously...
Consumer Confidence: As If We Needed More Reasons To Stop Bogus Valuations
• Market-ticker.orgAnd how did all this that happen? As I've been repeatedly pointed out, it happened because we failed to force banks and other financial institutions to stop lying about asset valuations, putting a stop to the hiding of both risks and losses.
Paul Craig Roberts: America “A Parasite On The World”
• Prisonplanet.comIf Russian prime minister Putin’s recent description of America as “a parasite on the world” were reported by the US media, little doubt that most Americans would be infuriated. We are the virtuous people. Without us good guys to police...
Host:
Ernest Hancock
LIVE From Quartzsite, AZ - Noon to 2pm
Program Date:Tyson's R.V. Park "Community Room" - 350 W Main Quartzsite, AZ - Noon to 2pm Both Monday and Tuesday - Public invited to attend and peacefully participate.
James Howard Kunstler: Change You Don't Have to Believe In
• Kunstler.comRuin will thunder through the financial system like winged death.
Host:
Ernest Hancock
LIVE From Quartzsite Monday and Tuesday Noon to 2pm
Program Date:Tyson's R.V. Park "Community Room" - 350 W Main Quartzsite, AZ - Noon to 2pm Both Monday and Tuesday - Public invited to attend and peacefully participate.
Quartzsite ordered not to fire officers
• www.parkerpioneer.netSuperior Court Judge Robert Bartlett has issued a temporary restraining order telling the Town of Quartzsite they cannot terminate any of the police department employees currently under investigation until...
It's the Unfunded Wars, Financial Fraud, and the Unwillingness to Reform
• JessesCrossRoadsCafe.blogspot.com/Rational discussion and factual analysis has been overwhelmed by a well funded program of propaganda and sloganeering, and bought and paid for politicians and media which serve to direct the discussions according to the program...
Bread, Circuses, Spending Cuts, Unicorns And The Appearance Of Wealth
• ZeroHedge.comThe People have abdicated our duties; for the People who once upon a time handed out military command, high civil office, legions — everything, now restrains itself and anxiously hopes for just two things: bread and circuses” - Juvenal – 100 A.D.
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