Latest News & Current Affairs, Exposing Governments Conspiracies, And Education For the Good Of Humanity.
Pages
Sunday, June 30, 2013
Friday, June 28, 2013
Thursday, June 27, 2013
Wednesday, June 26, 2013
Don't listen to Mainstream media Pundits, Buy gold and silver, precious metals are a hedge towards your savings during these times of heavy inflation.
Buy Gold NOW, now it's the time to buy when it's low. Listen to Peter Schiff
FSA Commanders on Syria's Future: ''Iran is Eternal Enemy, Israel land grabbers, Not So Much!'' | Syria War
This shows proof that the FSA are really fighting for the Westerners and Israel for their interest in the region and an attack on Iran after Syria..
'Obama overtly supports Al-Qaeda, provides terrorists with chemical weapons' - expert
In one of your recent articles you suggested that the chemical weapons accusations in Syria are fabricated. You said that “in a bitter irony, the evidence amply confirms that the chemical weapons are being used not by Syrian government forces but by the US supported Al Qaeda rebels.” Can you elaborate on this issue?
If we look at various media reports, including CNN but it is also acknowledged in Israeli media, the rebels namely Al-Nusra are in possession of chemical weapons but moreover it is acknowledged that western forces are actually training Al-Nusra rebels in Jordan and Turkey and this is confirmed by December 9th CNN report.
We had subsequently the report of the United Nations independent mission which confirms that rebel forces are in possession of sarin nerve gas and the United Nations human rights investigators actually made a statement of that effect and refuted the accusations that government forces were in possession of chemical weapons.
In fact what they said is that the rebels were in possession of chemical weapons.
Then we also had a Turkish police report, which essentially confirmed these previous reports, the fact the Al-Nusra terrorists who are supported by the Western military alliance, they were ceased with sarin gas in their possession.
Regarding the issue of chemical weapons in Syria you have also said that “Obama has not only “Crossed the Red Line”, he is supporting Al Qaeda. He is a Liar and a Terrorist.” Other than the provision of chemical weapons to Syrian opposition, is there any other evidence to support the claim that Obama might be supporting Al-Qaeda?
I think that we are beyond the issue as to whether Obama is supporting Al-Qaeda. John Kerry is directly in contact with commanders, which are in link with Al-Qaeda rebels. We’ve got a fairly large documentation to the fact that weapons and money are being channeled to the rebels and that these rebels actually are on the US state department list of terrorist organizations.
So, what I am saying essentially is that these Al-Qaeda affiliated organizations are not longer supported covertly by the CIA, they are supported overtly by the US president and the Secretary of State is in touch with commanders of that terrorist force, in particular the main intermediary is a general Idris who is with the Free Syrian Army and which is in constant contact with the rebels.
But what I think we should understand is that Obama administration and its allies are harboring the terrorist organization which is on the state department list and that means that president Obama and Secretary of State John Kerry could under the US law be held responsible for, and I quote the document of the state department “knowingly providing or attempting or conspiring to provide material support or resources to or engaging in transactions with Al-Nusra front” so that essentially what I am contending is that Obama is in violation of the Patriot Act, he is in violation of US anti-terrorist legislation and in fact the US government is in latent violation of its own counter-terrorism legislation while waging so-called war on terrorism.
You can’t wage a war on terrorism and then provide support to the terrorists.
Tuesday, June 25, 2013
Sorry, NSA, Terrorists Don't Use Verizon. Or Skype. Or Gmail.
The NSA has to collect the metadata from all of our phone calls because terrorists, right? And the spy agency absolutely must intercept Skypes you conduct with folks out-of-state, or else terrorism. It must sift through your iCloud data and Facebook status updates too, because Al Qaeda.
Terrorists are everywhere, they are legion, they are dangerous, and, unfortunately, they don't really do any of the stuff described above.
Even though the still-growing surveillance state that sprung up in the wake of 9/11 was enacted almost entirely to "fight terrorism," reports show that the modes of communication that agencies like the NSA are targeting are scarcely used by terrorists at all.
A recent Bloomberg piece points to a 2012 report on terrorism which found that most serious terrorists steer clear of the most obvious platforms—major cell networks, Google, Skype, Facebook, etc.
Or, as Bloomberg more bluntly puts it, the "infrastructure set up by the National Security Agency ... may only be good for gathering information on the stupidest, lowest-ranking of terrorists. The Prism surveillance program focuses on access to the servers of America’s largest Internet companies, which support such popular services as Skype, Gmail and iCloud. These are not the services that truly dangerous elements typically use."
And why would they? Post-911 warrantless wiretapping practices are well known, NSA-style data collection was well-rumored, and we all knew the Department of Homeland Security was already scanning emails for red-flag keywords. Of course terrorists would take precautions. Bloomberg elaborates:
In a January 2012 report titled “Jihadism on the Web: A Breeding Ground for Jihad in the Modern Age,” the Dutch General Intelligence and Security Service drew a convincing picture of an Islamist Web underground centered around “core forums.” These websites are part of the Deep Web, or Undernet, the multitude of online resources not indexed by commonly used search engines.
In 2010, Google estimated that it had indexed just 0.004% of the internet—meaning the vast majority of the web is open for surreptitious message-sending business. Terrorists simply aren't dumb enough to discuss their secret plans over Skype or to email each other confidential information on Gmail.
So, essentially, the NSA is deeply compromising our privacy so that it can do an extremely shitty job of looking for terrorists. Nice.
Read more: http://motherboard.vice.com/blog/hey-nsa-terrorists-dont-use-verizon-or-skype-or-gmail#ixzz2XFmbJxPK
Follow us: @motherboard on Twitter | motherboardtv on Facebook
Federal regulators are poised to sue Jon S. Corzine over the collapse of MF Global
Federal regulators are poised to sue Jon S. Corzine over the collapse of MF Global and the brokerage firm’s misuse of customer money during its final days, a blowup that rattled Wall Street and cast a spotlight on Mr. Corzine, the former New Jersey governor who ran the firm until its bankruptcy in 2011.
The Commodity Futures Trading Commission, the federal agency that regulated MF Global, plans to approve the lawsuit as soon as this week, according to law enforcement officials with knowledge of the case. In a rare move against a Wall Street executive, the agency has informed Mr. Corzine’s lawyers that it aims to file the civil case without offering him the opportunity to settle, setting up a legal battle that could drag on for years.
Without directly linking Mr. Corzine to the disappearance of more than $1 billion in customer money, the trading commission will probably blame the chief executive for failing to prevent the breach at a lower rung of the firm, the law enforcement officials said. If found liable, he could face millions of dollars in fines and possibly a ban from trading commodities, jeopardizing his future on Wall Street.
In a statement, a spokesman for Mr. Corzine denounced the trading commission for planning to file what he called an “unprecedented and meritless civil enforcement action.”
The aggressive action would stand in contrast to the government’s investigations so far into the 2008 financial crisis, many of which produced symbolic fines. In the case of Lehman Brothers, which imploded at the height of the crisis, no employee has ever been charged with civil or criminal wrongdoing.
An MF Global case, expected to be filed in federal court, could become something of an experiment for federal regulators under pressure to adopt a harder line against Wall Street. It would also thrust the trading commission — the financial industry’s smallest regulator — onto a bigger stage.
A case would darken the cloud over the legacy of Mr. Corzine, 66, who as a onetime Democratic governor and senator from New Jersey and a former chief of Goldman Sachs has long been a confidant of leaders in Washington and on Wall Street.
But it would also suggest that authorities have all but removed a greater threat: criminal charges. After nearly two years of stitching together evidence, criminal investigators have concluded that porous risk controls at the firm, rather than fraud, allowed the customer money to disappear, according to the law enforcement officials with knowledge of the case.
Still, the spokesman for Mr. Corzine, Steven Goldberg, said that the trading commission’s anticipated lawsuit “is not surprising considering the political pressure to hold someone liable for the failure of MF Global,” the largest Wall Street bankruptcy since the 2008 financial crisis. Lawmakers and even some agency officials, he noted, have publicly condemned the firm. Continue reading...
Monday, June 24, 2013
Qatar behind transfer of chemicals to Syria militants: Report
A new report has revealed that chemical arms used by Takfiri militants in an attack near Syria’s northwestern province of Aleppo in March had been provided by two Qatari officers through Turkey.
According to a Saturday report by the Lebanese newspaper al-Akhbar, Qatari officers Fahd Saeed al-Hajiri and Faleh Bin Khalid al-Tamimi were behind the transfer of chemical substances to anti-Syria militants through Ankara.
The Qatari officers were later killed in a suspicious explosion in Somalia in May, the report said.
On March 19, over two dozen people were killed and many others injured when foreign-backed militants fired missiles containing a chemical substance into the Khan al-Assal region in the northwestern city of Aleppo, Syria’s official news agency SANA reported.
The new report by the Lebanese daily was based on information received from the security service of an unnamed country in the region. The details of the case had been handed over to the Russian intelligence agency (FSB), the report said.
In an attempt to cover up the issue as Moscow demanded Ankara for explanation, Turkey announced that it had confiscated two kilograms of the nerve agent sarin following the arrest of 12 members of the terrorist al-Nusra Front, the report added.
On May 30, Turkish media reported that two kilograms of sarin gas as well as heavy weapons had been discovered during raids on the homes of 12 members of the al-Qaeda-affiliated al-Nusra Front in Turkey’s southern city of Adana, located some 150 kilometers (93 miles) from the border with Syria.
The United States has claimed that the Syrian government has used chemical weapons against the militants and thus crossed Washington’s “red line,” while Damascus dismisses the allegations as mere “lies” and “fabrications.”
On May 5, the UN Independent Commission of Inquiry on Syria said it found testimony from victims and medical staff that shows militants had used the nerve agent sarin in Syria.
http://www.presstv.ir/detail/2013/06/23/310505/qatar-behind-syria-chemical-attack/
Obama has ordered criminal charges against US government employees who don't report someone they suspect might be a whistle-blower
A program being implemented by the Obama administration titled "Insider Threat" requires millions of federal employees to keep a close watch on each other—a "sweeping" effort to crackdown on whistleblowers and leakers across the U.S. government, McClatchy reports Friday after obtaining a series of government documents.
The program, which has largely gone unmentioned in the media, spans all government agencies and mandates that employees and their superiors seek out “high-risk persons or behaviors” tied to someone who might expose government wrongdoing. Those who fail to expose someone they belief to be a leaker face penalties that include criminal charges.
As McClatchy reports Friday, the program creates a "sweeping" government-wide crackdown on federal employees who may find certain harmful actions or policies of their employer worthy of public knowledge. Read more...
Sources: US Sends Planeload of Equipment, Officers to Syria via Turkey
“An American C-130 plane carrying a cargo of hi-tech telecommunications equipment and devices and 57 retired US officers landed in Turkey’s Hatay province this morning,” an informed source, who asked to remain unnamed for the sensitivity of his information, told FNA on Sunday.
“The US officers crossed the border with Syria via Reyhanli (in Hatay province) and their goal is to take charge of the central command of all military activities of armed rebels in Syria,” added the source.
He mentioned that the military cargo, containing the telecommunications equipment, left Reyhanli for the border crossing after the US officers arrived at their destination in Northern Syria.
Earlier this month, a report said that the US spy agency was gearing up to send weapons to insurgent groups in Syria through secret bases in Turkey and Jordan.
"The bases are expected to begin conveying shipments of weapons and ammunition within weeks," the US daily, The Washington Post, reported Saturday, quoting unnamed American officials as saying.
"We have relationships today in Syria that we didn't have six months ago," US President Barack Obama's deputy national security adviser Benjamin J. Rhodes said during a White House briefing. Continue reading...
Syrian Troops Smash Rebels in Homs Outskirts
The Syrian soldiers killed and wounded a number of militants in the farms between the archeological Bel temple, Dedeman hotel, Taldo, Tal Dahab and Kesin toward al-Houla in Homs countryside, an official source said.
Another army unit attacked insurgents' dens in al-Karabis and al-Khalidieh neighborhoods in Homs city and in al-Rastan, Talbisa, al-Ameriya and al-Ghajar areas, the source added.
Several anti-tank missiles and explosives were seized by the Syrian soldiers in Homs countryside, the source said.
Scores of antigovernment fighters were killed and wounded in al-Tawil and al-Taiba villages in Palmyra countryside, a local source said.
The source added that an army unit seized rebels' weapons and ammunition in al-Dab'a farms in military operations al-Qusseir countryside.
Syria was hit by a violent unrest since mid-March 2011. The Syrian government accuses foreign actors of orchestrating the conflict, by supporting the militant opposition groups with arms and money.
Israeli Warplanes Pound Gaza
Sunday’s overnight attacks on Gaza reportedly caused no casualties as they struck uninhabited areas.
The Israeli military also shut a crossing for the transfer of goods to the Gaza Strip and said it will remain closed until further notice.
The Israeli regime persistently denies over 1.5 million people in the besieged enclave their basic rights, including the freedom of movement and the right to decent living, work, health and education, Alalam reported.
The Israeli military frequently carries out airstrikes and other attacks on the Gaza Strip, saying the actions are being conducted for defensive purposes. However, in violation of international law, disproportionate force is always used and civilians are often killed or wounded.
Gaza has been blockaded by the Israeli regime since 2007, a situation that has caused a decline in the standard of living, unprecedented levels of unemployment, and unrelenting poverty.
Ex-CIA chief to Obama: Strike North Korea
The Obama administration should “seriously consider” a surgical strike to prevent North Korea from developing long-range missiles capable of carrying a nuclear warhead, argued former CIA director James Woolsey.
In a radio interview Sunday night, Woolsey warned the U.S. is currently wide open and virtually defenseless against a missile coming from a southerly direction, and that both Iran and North Korea made advances toward firing missiles in that direction.
Woolsey further warned of the catastrophic effects of a North Korean missile launch or a satellite that could explode a nuclear warhead over the U.S. as part of an electromagnetic pulse attack. Read more...
Friday, June 21, 2013
Obama called 'hypocrite of the century' by member of the Irish parliament.
A member of the Irish parliament has sharply attacked U.S. President Barack Obama’s policies, calling him a “war criminal” and “hypocrite of the century.”
"Is this person going for the hypocrite of the century award?" Left wing Member of Parliament Clare Daly asked of Obama during a speech before parliament at the end of the G8 summit held in Northern Ireland.
"Because we have to call things by their right names, and the reality is that by any serious examination, this man is a war criminal," she was quoted as saying by The Huffington Post.
"This is the man who has facilitated a 200 percent increase in the use of drones, which have killed thousands of people including hundreds of children," Daly said.
The Irish politician also criticized the Obama administration for escalating war in Syria and sending arms to foreign-backed militants in the country.
Obama is “in essence stalling the Geneva peace talks by trying to broker enhanced leverage for the Syrian opposition by giving them arms - and to hell with the thousands more who’ll lose their lives, or the tens of thousands who will be displaced,” she argued.
The U.S. president’s global approval rating has significantly declined since he first took office in 2009, according to a poll conducted by Pew Research in June 2012.
The poll showed that confidence in Obama has declined by 24 percent and approval of his policies has fallen 30 points since 2009.
Obama took office five years ago, vowing to change policies of the George W. Bush’s administration. However, he failed to keep his promises.
During his first term in office, President Obama increased drone attacks in Pakistan, Yemen, and several other countries. The strikes left many civilians, including women and children, dead.
Recently, the White House authorized arming the militants fighting government forces in Syria. The move was criticized by some American politicians.
Former Congressman Ron Paul rebuked the Obama administration for “escalating” the war in Syria. Continue Reading...
Xbox One preorders jump past PlayStation 4 after Microsoft drops DRM
When Microsoft finally announced its policies regarding Xbox One game-sharing, used game sales and connectivity requirements, gamers were not happy at all. While some people thought Microsoft’s new policies would help usher in the future of console gaming, a much more vocal group found them restrictive and anti-consumer. The critics were loud enough that Microsoft ultimately decided to reverse course and cancel all of its controversial plans. Was this the right move? Implications for the Xbox’s future aside, the short-term impact of Microsoft’s decision is already being felt: Just one day after Microsoft announced the removal of DRM and connectivity requirements, pre-sales of the Xbox One jumped ahead of Sony’s PlayStation 4 on Amazon.com. Read More...
Full remote control of ALL modern U.S. market cars PROVEN
Hastings' 2013 Mercedes could have instead been hijacked via remote control, run to full throttle with all driver input disabled, and rammed into a tree. Read more...
Thursday, June 20, 2013
Watch Out, College Kids: Sen. Schumer Wants to Take Away Your Adderall
Human wet blanket Sen. Chuck Schumer (D-NY) told a CBS affiliate this week that he wants colleges and universities to crack down on Adderall use among students.
Adderall is an amphetamine-based stimulant that increases focus. Intended for people with ADHD, a lot of doctors will prescribe Adderall to just about anyone who claims to have trouble focusing at work or school. Minors use Adderall to get into the colleges their parents wish they'd gotten into. College kids use Adderall to cram for exams and bang out papers/bang out Powerpoint presentations/bang.
Schumer thinks using Adderall to be better at something, as opposed to just be able to function, is "academic doping."
"There are better ways to pull an all-nighter and stay up," the senator told told CBS. "There's coffee, there's things like NoDoz." (But don't use the caffeine inhaler Aeroshot, because no one should be allowed to use drugs that Chuck Schumer himself did not use when he was a young man.)
Here's what Schumer wants New York schools to do: Continue Reading...
Zero Hedge: Independent v. Mainstream News: Informed v. Re-Educated
Today, there is almost zero truth in mainstream media. Just as global financial firms like Goldman Sachs have repeatedly been exposed for issuing conflicting advice to different tier clients depending upon how much money the client has with the firm, mainstream media has constantly been exposed for issuing different stories as well, depending upon the propaganda they wish to disseminate. For example, Time Magazine often runs different cover stories for the United States and the rest of the world as is illustrated by the covers of issues released in October and December 2011 below. Read more...
20 Items to Kick Start Your Food Storage Plan
No matter how many times I write about food, there is always something new to consider or a new and different way to present the same old information in a more useful manner. With that in mind, today I would like to share a method for getting started with your food storage program in an easy, step by step, and cost effective manner.
To be truthful, my initial goal with this article was to respond to readers who were just getting started and wanted a shopping list of things to buy for their food storage pantry. I also wanted to compile a checklist that more experienced preppers could use to compare what they had to what they needed. My goal can pretty much be summed up by saying that I wanted to write about getting started with food storage the easy way. No frills, no fluff – just a common sense list of food items to get you started.
With that goal in mind, let me say this: this is not a list of items intended for deep storage. Nor is it a list of items packaged so that they have a 25 year shelf life. (And in reality, do you really need your stored food to last that long?) I am also not going to list items that might be foreign to your palate, difficult to find, or too costly to absorb into your weekly shopping budget.
What you are going to get is a list of 20 items that can easily be purchased at your local grocery store, warehouse club and surprisingly, even online at Amazon. They can be purchased in one shot, all at once, or you can pick up one item from the list each week over a period of twenty weeks. The choice is yours. All I ask is that you consider getting each of the items on the list and that you also consider getting started sooner rather than later. I promise you that this will be easy.
I am going to include quantities that require no extra thought, no calculator and no formula for determining servings or overall quantities. Like I said. This is going to be EASY!
20 ITEMS TO KICK START YOUR FOOD STORAGE PLAN Read more...
EAT SILVER! Adding silver to antibiotics INCREASES effectiveness 1000 TIMES!
EAT SILVER! Adding silver to antibiotics INCREASES effectiveness 1000 TIMES!
Read more at http://investmentwatchblog.com/eat-silver-adding-silver-to-antibiotics-increases-effectiveness-1000-times/#CgkskPgd3z4JQmH6.99
Moscow Concerned by US Plans for No-Fly Zone in Syria
ST. PETERSBURG, June 20 (RIA Novosti) – Moscow has received no explanation from the United States over plans to establish a no-fly zone over Syria, Russian Foreign Minister Sergei Lavrov said Thursday.
Moscow has been concerned by reports that Washington is developing no-fly zone plans regardless of approval by the UN Security Council.
“We raised the issue with our American colleagues at the G8 summit, but they have provided no response,” Lavrov said, adding that Russia was also concerned by reports of US and Saudi Arabian arms supplies to the Syrian opposition via Turkey.
According to the latest UN data, more than 90,000 people have been killed in Syria since fighting broke out in March 2011 between government forces and rebels.
Wednesday, June 19, 2013
Bank of America whistle-blower’s bombshell: “We were told to lie”
Bank of America’s mortgage servicing unit systematically lied to homeowners, fraudulently denied loan modifications, and paid their staff bonuses for deliberately pushing people into foreclosure: Yes, these allegations were suspected by any homeowner who ever had to deal with the bank to try to get a loan modification – but now they come from six former employees and one contractor, whose sworn statements were added last week to a civil lawsuit filed in federal court in Massachusetts.
“Bank of America’s practice is to string homeowners along with no apparent intention of providing the permanent loan modifications it promises,” said Erika Brown, one of the former employees. The damning evidence would spur a series of criminal investigations of BofA executives, if we still had a rule of law in this country for Wall Street banks.
The government’s Home Affordable Modification Program (HAMP), which gave banks cash incentives to modify loans under certain standards, was supposed to streamline the process and help up to 4 million struggling homeowners (to date, active permanent modifications numberabout 870,000). In reality, Bank of America used it as a tool, say these former employees, to squeeze as much money as possible out of struggling borrowers before eventually foreclosing on them. Borrowers were supposed to make three trial payments before the loan modification became permanent; in actuality, many borrowers would make payments for a year or more, only to find themselves rejected for a permanent modification, and then owing the difference between the trial modification and their original payment. Former Treasury Secretary Timothy Geithner famously described HAMP as a means to “foam the runway” for the banks, spreading out foreclosures so banks could more readily absorb them.
These Bank of America employees offer the first glimpse into how they pulled it off. Employees, many of whom allege they were given no basic training on how to even use HAMP, were instructed to tell borrowers that documents were incomplete or missing when they were not, or that the file was “under review” when it hadn’t been accessed in months. Former loan-level representative Simone Gordon says flat-out in her affidavit that “we were told to lie to customers” about the receipt of documents and trial payments. She added that the bank would hold financial documents borrowers submitted for review for at least 30 days. “Once thirty days passed, Bank of America would consider many of these documents to be ‘stale’ and the homeowner would have to re-apply for a modification,” Gordon writes. Theresa Terrelonge, another ex-employee, said that the company would consistently tell homeowners to resubmit information, restarting the clock on the HAMP process.
Worse than this, Bank of America would simply throw out documents on a consistent basis. Former case management supervisor William Wilson alleged that, during bimonthly sessions called the “blitz,” case managers and underwriters would simply deny any file with financial documents that were more than 60 days old. “During a blitz, a single team would decline between 600 and 1,500 modification files at a time,” Wilson wrote. “I personally reviewed hundreds of files in which the computer systems showed that the homeowner had fulfilled a Trial Period Plan and was entitled to a permanent loan modification, but was nevertheless declined for a permanent modification during a blitz.” Employees were then instructed to make up a reason for the denial to submit to the Treasury Department, which monitored the program. Others say that bank employees falsified records in the computer system and removed documents from homeowner files to make it look like the borrower did not qualify for a permanent modification.
Senior managers provided carrots and sticks for employees to lie to customers and push them into foreclosure. Simone Gordon described meetings where managers created quotas for lower-level employees, and a bonus system for reaching those quotas. Employees “who placed ten or more accounts into foreclosure in a given month received a $500 bonus,” Gordon wrote. “Bank of America also gave employees gift cards to retail stores like Target or Bed Bath and Beyond as rewards for placing accounts into foreclosure.” Employees were closely monitored, and those who didn’t meet quotas, or who dared to give borrowers accurate information, were fired, as was anyone who “questioned the ethics … of declining loan modifications for false and fraudulent reasons,” according to William Wilson.
Bank of America characterized the affidavits as “rife with factual inaccuracies.” But they match complaints from borrowers having to resubmit documents multiple times, and getting denied for permanent modifications despite making all trial payments. And these statements come from all over the country from ex-employees without a relationship to one another. It did not result from one “rogue” bank branch.
Simply put, Bank of America didn’t want to hire enough staff to handle the crush of loan modification requests, and used these delaying tactics as a shortcut. They also pushed people into foreclosure to collect additional fees from them. And after rejecting borrowers for HAMP modifications, they would offer an in-house modification with a higher interest rate. This was all about profit maximization. “We were regularly drilled that it was our job to maximize fees for the Bank by fostering and extending delay of the HAMP modification process by any means we could,” wrote Simone Gordon in her affidavit.
It is a testament to the corruption of the federal regulatory and law enforcement apparatus that we’re only hearing evidence from inside Bank of America now, in a civil class-action lawsuit from wronged homeowners, when the behavior was so rampant for years. For example, the Treasury Department, charged with specific oversight for HAMP, didn’t sanction a single bank for failing to follow program guidelines for three years, and certainly did not uncover any of this criminal conduct. Steven Cupples, a former underwriter at Bank of America, explained in his statement how the bank falsified records to Treasury to make it look like they granted more modifications. But Treasury never investigated. Meanwhile, the Justice Department joined with state Attorneys General and other federal regulators to essentially bless this conduct in a series of weak settlements that incorporated other bank crimes as well, like “robo-signing” and submitting false documents to courts.
These affidavits, however, should return law enforcement to the case. William Wilson, the case management supervisor, alleges in his statement that this “ridiculous and immoral” conduct continued through August of 2012, when he was eventually fired for speaking up. That means Bank of America persisted with these activities for at least six months AFTER the main, $25 billion settlement to which they were a party. So state and federal regulators could sue Bank of America over this new criminal conduct, which post-dates the actions for which they released liability under the main settlement. Attorneys general in New York and Florida have accused Bank of America of violating the terms of the settlement, but they could simply open new cases about these new deceptive practices.
They would have no shortage of evidence, in addition to the sworn affidavits. According to Theresa Terrelonge, most loan-level representatives conducted their business through email; in fact, various email communications have already been submitted under seal in the Massachusetts civil case. State Attorneys General or US Attorneys would have subpoena power to gather many more emails.
And they would have very specific targets: the ex-employees listed specific executives by name who authorized and directed the fraudulent process. “The delay and rejection programs were methodically carried out under the overall direction of Patrick Kerry, a Vice President who oversaw the entire eastern region’s loan modification process,” wrote William Wilson. Other executives mentioned by name include John Berens, Patricia Feltch and Rebecca Mairone (now at JPMorgan Chase, and already named in a separate financial fraud case). These are senior executives who, if this alleged conduct is true, should face criminal liability.
Bank accountability activists have already seized on the revelations. “This is not surprising, but absolutely sickening,” said Peggy Mears, organizer for the Home Defenders League. “Maybe finally our courts and elected officials will stand with communities over Wall Street and prosecute, and then lock up, these criminals.”
Sadly, it’s hard to raise hopes of that happening. Past experience shows that our top regulatory and law enforcement officials are primarily interested in covering for Wall Street’s crimes. These well-sourced allegations amount to an accusation of Bank of America stealing thousands of homes, and lying to the government about it. Homeowners who did everything asked of them were nevertheless pushed into foreclosure, all to fortify profits on Wall Street. There’s a clear path to punish Bank of America for this conduct. If it doesn’t result in prosecutions, it will once again confirm the sorry excuse for justice we have in America.
Friday, June 14, 2013
[Pic] This is why its not a "Conspiracy Theory"...
[Pic] This is why its not a "Conspiracy Theory"...http://imgur.com/VcmtlTy
Thursday, June 13, 2013
US to fund and arm Alqaeeda in Syria, to oust Assad, and take his country's oil and gas just like Iraq.
As was the case with Iraq's nuclear weapons, there is no proof of these latest claims. Indeed it was the rebels who were caught with Sarin gas. But Obama is going to launch yet another war for Americans to die in in the hope that We The People will forget all about, IRS-gate, forget all about Benghazi-gate, forget all about DOJ-gate, forget all about State-gate, forget all about EPS-gate, forget all about NSA-gate, forget all about PRISM-gate; that We The People will "Rally Round The Flag", offer a snappy salute and toss our money and our childrens' lives onto the designated enemy's bayonets.
Tuesday, June 11, 2013
Monday, June 10, 2013
Thursday, June 6, 2013
Subscribe to:
Posts (Atom)