konane's Blog

"Democrat Spending

"DEMOCRAT SPENDING

"Try this on for size: A 21.4% spending increase over the last two years. Am I talking about your family's finances? How about your income? No. I am talking about our imperial federal government. This 21.4% represents a two-year increase in spending by Democrats running the show. This country has been around for over 200 years ... and in just two years these Democrats managed to increase our spending by over 20%. And remember this. Out of every single dollar our government spends today ... 41 cents of that dollar has to be borrowed. And just who is going to pay that money back? Your children and your grandchildren. ......."

http://boortz.com/nealz_nuze/2010/10/democrat-spending.html

Entry #2,336

"The Tea Party As Money Machine 1 & 2

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Big Grin

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"....... We have reached, perhaps, the last stage in the establishment's view of the Tea Party movement. First ignored or snickered at, then demonized as the racist creature of shadowy billionaires, and most recently a movement which some Democratic candidates try to co-opt, the Tea Party has finally done the one thing that will cause it to be viewed with unalloyed respect by the powers of the status quo: it has raised an ungodly amount of money. ....."
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Entry #2,335

"What Is MERS and What Role Does It Have in the Foreclosure Mess?

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A long well explained article which answers many questions.

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"What Is MERS and What Role Does It Have in the Foreclosure Mess?

Source Zero Hedge 
".....Diana Olick notes:
 
"........ Levitin says the documentation problems involved in the mortgage mess have the potential "to cloud title on not just foreclosed mortgages but on performing mortgages. ..."
 
"Indeed, as a prominent economist said recently: "At the root of the crisis we find the largest financial swindle in world history", where "counterfeit" mortgages were "laundered" by the banks.

MERS was a large part of that laundering process."
Entry #2,332

"Now Bloomberg Jumps In - Securitization Fraud

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Karl Denninger, The MarketTicker

"......... This is NOT a "nothingburger", and if it doesn't impact Fannie and Freddie (it does) we're talking about roughly $1.3 trillion in these packages.

With Fannie and Freddie in the mix we're talking about something closer to six trillion dollars of MBS issued and rolled from 2003-2008."

http://market-ticker.org/akcs-www?singlepost=2210221

Entry #2,328

"Here Is Your Chance To Check If You Are The Victim Of Mortgage Fraud

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"Here Is Your Chance To Check If You Are The Victim Of Mortgage Fraud

".... "Whether you are facing foreclosure, have an underwater mortgage, or are just a concerned homeowner, it’s important that you contact your bank and demand to see the original note on your mortgage. It only takes a few minutes using our free online tool." Quick, simple and easy. And in a few days your mortgage bank will have no choice but to tell you if they do in fact have your original mortgage note. ......"

 http://www.zerohedge.com/article/here-your-chance-check-if-you-are-victim-mortgage-fraud?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

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"Demand to see your mortgage note.

http://action.seiu.org/page/speakout/wheresthenote?js=true

Entry #2,322