Justice League

Bankers Manifesto of 1892 revealed by Charles Lindbergh

This is an absolutely must read. This should be in the news and media as history is repeating itself.

The Bankers Manifesto of 1892

Revealed by US Congressman Charles A. Lindbergh, SR from Minnesota before the US Congress sometime during his term of office between the years of 1907 and 1917 to warn the citizens.

“We (the bankers) must proceed with caution and guard every move made, for the lower order of people are already showing signs of restless commotion. Prudence will therefore show a policy of apparently yielding to the popular will until our plans are so far consummated that we can declare our designs without fear of any organized resistance.

The Farmers Alliance and Knights of Labor organizations in the United States should be carefully watched by our trusted men, and we must take immediate steps to control these organizations in our interest or disrupt them.

At the coming Omaha Convention to be held July 4th (1892), our men must attend and direct its movement, or else there will be set on foot such antagonism to our designs as may require force to overcome. This at the present time would be premature. We are not yet ready for such a crisis. Capital must protect itself in every possible manner through combination (conspiracy) and legislation.

The courts must be called to our aid, debts must be collected, bonds and mortgages foreclosed as rapidly as possible.

When through the process of the law, the common people have lost their homes, they will be more tractable and easily governed through the influence of the strong arm of the government applied to a central power of imperial wealth under the control of the leading financiers. People without homes will not quarrel with their leaders.

History repeats itself in regular cycles. This truth is well known among our principal men who are engaged in forming an imperialism of the world. While they are doing this, the people must be kept in a state of political antagonism.

The question of tariff reform must be urged through the organization known as the Democratic Party, and the question of protection with the reciprocity must be forced to view through the Republican Party.

By thus dividing voters, we can get them to expand their energies in fighting over questions of no importance to us, except as teachers to the common herd. Thus, by discrete action, we can secure all that has been so generously planned and successfully accomplished.”

Source: Federal Observer

MERS wants Del AG’s suit dismissed

WILMINGTON, Del. (AP) – A company that runs a nationwide electronic mortgage registry is asking a Delaware judge to dismiss a deceptive trade practices lawsuit filed by the Delaware attorney general’s office.

A Chancery Court judge was to hear arguments Wednesday on a motion by Virginia-based Mortgage Electronic Registration Systems Inc. to dismiss what it says is an absurd and baseless lawsuit.

State officials sued MERS last fall, saying it has sown confusion among consumers, investors and other stakeholders in the mortgage finance system and damaged the integrity of Delaware’s land records system.

Source: AP

Still in business. The Law Office of David J. Stern Still Operating in 2012

Despite earlier reports that The Law Offices of David J. Stern has shut its doors forever, the firm still appears to be functioning. According to documents filed with Florida’s Secretary of State in early 2012, the law firm is still operating at a Brickell Avenue address with Stern’s long-time partner-in-foreclosure Forrest McSurdy taking the helm.

Via floridaforeclosurefraud

Biloxi Buzz for Wednesday

BLITZED! TRUMP GOES BIRTHER AS ROMNEY ROLLS IN

Serena Stunned At French Open

Facebook’s Shares Hit New Low

GOP Gov. Wants Drones Policing His State

Key clues of questioning the authenticity of Romney’s birth certificate

For three years, some Americans which is now has been called “birthers” has been questioned and even filed lawsuits against Obama claiming that he is not born in the US. Some say that Obama is born in Kenya or in Indonesia. But, rest assured, they don’t feel that Obama is born in Hawaii even time and time again Obama as well as the state of Hawaii released Obama’s birth certificate. Now Reuters releases Mitt Romney’s birth certificate:

Now, am I questioning if Romney was born in Michigan? No. What I am questioning is the age of Romney’s parents on the birth certificate. Look closely. It says that George Romney’s age was 39, and his wife Lenore’s age was 36. According to wikipedia, George was born July 8, 1907  and died July 26, 1995. Lenore was born November 9, 1908 and died July 7, 1998. Since Mitt was born March 12, 1947, his father George was 39 years old. However, Lenore was 38 years old and not 36 years old according to the birth certificate. It begs the question is whether this birth certificate is authentic or is Mitt’s mother birthdate is incorrect according to wikipedia. you be the judge.

Campaign Contributions Stir Unease on Emigrant Bank Bill

WASHINGTON — If you went looking for a story that encapsulates why Americans are cynical about politicians, a perfect example may be the tale of a one-sentence bill that the House Financial Services Committee will vote on Thursday.

The legislation offers an unusually stark look into the role of money in politics, as a bipartisan group of lawmakers push a measure that would benefit a single campaign contributor.

Even the title of the bill is misleading, suggesting its goal is to collectively help all small banks: “A bill to amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to adjust the date on which consolidated assets are determined for purposes of exempting certain instruments of smaller institutions from capital deductions.”

But as American Banker reported on May 18, the bill would impact only one of the nation’s 7,307 banks — Emigrant Bank of New York.

Emigrant currently has $10.5 billion of assets, but on Dec. 31, 2009 it had more than $15 billion. As a result, it’s subject to the Collins Amendment, a section of Dodd-Frank which prevents banks above the $15 billion asset threshold from counting trust preferred securities as part of their Tier 1 capital. The House bill would push back the capital provision’s enactment date to March 31, 2010, by which point Emigrant had fallen below the $15 billion mark.

So a more honest title for the legislation would be: “A bill to prevent Emigrant Bank from losing $300 million in Tier 1 capital.”

To be sure, there is a reasonable argument in favor of changing the law for the benefit of Emigrant. The bank was above the $15 billion threshold for just two years, and only because it was exercising prudence near the height of the financial crisis. Moreover, there’s nothing wrong per se with legislation being tailored to help one company, though such bills should merit close scrutiny.

But lawmakers aren’t just trying to help a local institution with a potentially significant issue—they are also using the legislative process to assist a single campaign contributor and trying to pass the bill without any public examination.

The sponsor of the Emigrant Bank bill is Rep. Michael Grimm, a Staten Island Republican. In March, Grimm received $2,500 in campaign contributions from Howard Milstein, Emigrant’s chief executive officer, and his wife, Abby, according to campaign-finance records.

The bill has eight co-sponsors, including others who have received campaign cash during the 2012 election cycle from Milstein and his members of his family.

Read on.

Hagens Berman: Two Bank of America Fraud Whistleblowers Settle Claims, Including Former LandSafe/Countrywide Employee Who Earned $14 Million Reward — BAC

SEATTLE, May 29, 2012 (GlobeNewswire via COMTEX) — Attorneys representing former home appraisal manager Kyle W. Lagow, who blew the whistle on widespread fraud at Countrywide Financial, today announced the final settlement of Mr. Lagow’s whistleblower action. Mr. Lagow’s whistleblower suit sparked an investigation culminating in the historic $1 billion settlement between the Department of Justice and Bank of America /quotes/zigman/190927/quotes/nls/bac BAC +2.17% , a settlement that was itself part of the larger global bank settlement announced last month, the second largest government civil settlement in history.

Also announced was final settlement of fraud claims by Gregory Mackler, a whistleblower who challenged Bank of America’s fraudulent handling of the Home Affordable Modification Program meant to help millions of struggling homeowners. His claim, which led to the return of over $6 million to the Department of Treasury from Bank of America, was also part of the global bank settlement.

Lagow worked at LandSafe, Inc., an appraisal company owned by Countrywide Financial and ultimately acquired by Bank of America, from 2004-2008. According to his unsealed complaint, Mr. Lagow observed widespread disregard for laws that regulate Federal Housing Administration (FHA) underwriting and home appraisals.

Read on.

JP Morgan Chase mess: Dimon wishes if he could turn back time

Written by Biloxi

With foreclosure mess, dysfunctional financial institution, increasing lawsuits, $2 billion dollar and counting trading loss, and a damaged image, JP Morgan Chase CEO Jamie Dimon would want to wish that cocky and arrogant words that he said in the media has come back to bite him.

For example, Dimon said this on CNBC last year about the struggling homeowners:

And:

Ouch! And to add insult to injury, here is a former JP Morgan employee, who identified only as “Jared,” explained his job to Mandelman Matters, which wrote:

Jared recalled what his boss had told him during his first week on the job: “We’re in the foreclosure business, not the modification business.”

“Foreclosures are a no lose proposition for servicers… The servicer gets paid more to service a delinquent loan, and they get to tack on extra charges. If the borrower reinstates, which is rare, then the borrower pays the extra fees. If the borrower loses the house, then the investor pays them. Either way, the servicer gets their money.”

“Their whole focus is to foreclose, not to modify. They make borrowers jump through every hoop so that when something fails to get done on time, they can deny it and foreclose. That’s what it seemed like to me, anyway.”

Now Dimon would have thought that Volcker rule that he has criticized and lobbied against would be most talked need in this country under the Dodd-Frank bill thanks to Dimon’s demise in the $2 billion dollar London Whale trading loss. And did Dimon say about the $2 billion loss which now the losses are climbing and lawsuits are mounting: “flawed, complex, poorly reviewed, poorly executed, and poorly monitored.” Unfortunately, famous leaders in the past gave us far warning about the banks, their words are coming true:

“I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the government at defiance. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” —Thomas Jefferson

Indeed the large banking insitutions have become become more dangerous enough that they own the US Congress, US Senate, and the government.

“Whoever controls the volume of money in any country is absolute master of all industry and commerce.”- President James A. Garfield, assassinated 1881

And currently, Bank of America, JP Morgan Chase, Goldman Sachs, Citigroup, and Wells Fargo own 56% of the US economy.

“The people must be helped to think naturally about money. They must be told what it is, and what makes it money, and what are the possible tricks of the present which put nations and peoples under the control of the few. If the American people knew the corruption in our money system there would revolution before morning!”? Henry Ford, Sr (1863-1947)

And the American people have awoken from the corruption in the money system. The question what will be the outcome of this country?