Documents in JPMorgan settlement reveal how every large bank in U.S. has committed mortgage fraud
Published by TheRealNews
Bill Black: Justice Dept.’s failure to understand pervasive schemes of fraud in financial industry obstructs meaningful prosecution of banks
Baby taken from mother by UK social services in ‘forced caesarean’
Social services in the county of Essex reportedly obtained permission from a High Court to forcibly remove an unborn child from its mother’s womb by caesarean section. The Court Order was granted on the basis the woman had suffered a mental breakdown.
The Sunday Telegraph reported the story, citing the woman’s lawyers, who is now fighting for custody of her child. The woman, who is reportedly an Italian national, was in the UK on a business trip last year when she suffered a panic attack. She called the police who subsequently took her to a psychiatric facility where she was sectioned under the Mental Health Act.
Members of her family said the panic attack was caused by her failure to take medication for bipolar disorder, which she had been diagnosed with in Italy.
The legal documents handed to the Sunday Telegraph indicate that after 5 weeks in the ward, the woman was sedated and subjected to a caesarean section procedure to remove the unborn child from her womb. The Essex social services had received an order from a High Court giving them the go ahead to carry out the operation on the grounds that the woman was not mentally fit.
“I have never heard of anything like this in all my 40 years in the job,” Brendan Fleming, the woman’s British lawyer, told The Sunday Telegraph.
The woman’s lawyers say that she was never informed of the procedure.
The aggrieved returned to the UK in February of this year to claim custody of her child at a Crown Court. Her lawyers said that although the judge formed a favorable opinion of her, he ruled that the child should be put up for adoption because there was a danger that she could regress.
Following the ruling the case has snowballed and is now at the center of an international dispute. The woman has also filed a case with a High Court in Rome asking why an Italian citizen had been subjected to UK care proceedings. Her lawyers are currently trying to discern why no next of kin in Italy were informed when she was sectioned.
“If there were concerns about the care of this child by an Italian mother, then the better plan would have been for the authorities here to have notified social services in Italy and for the child to have been taken back there,” wrote Christopher Booker in his column in The Sunday Telegraph.
Lawyers also voiced some concern that the child was put up for adoption when there had been an offer from a family friend in the US to take care of her.
A List Of 23 Famous Obama Quotes That Turned Out To Be Broken Promises Or Cold-Hearted Lies
How many lies can one president tell and still retain any credibility? What you are about to see is absolutely astounding. It is a long list of important promises that Barack Obama has broken since he has been president. If he had only told a few lies, perhaps the American people would be willing to overlook that. After all, pretty much all of our politicians our liars. Unfortunately, many of the lies that Obama has told appear to have been quite cold-hearted in nature. For example, Barack Obama repeatedly made the promise that “you will be able to keep your health care plan” under Obamacare. But now we are learning that he knew that this was a lie all along. Not only that, the Democrats in Congress knew that this was a lie all along too. In fact, U.S. Senator Kirsten Gillibrand, a Democrat, said the following when she was asked about Obama’s promise to the American people recently: “He should’ve just been specific. No, we all knew.” You can see video of her making this statement right here. The truth is that they all knew that millions upon millions of Americans would lose their current health care policies under Obamacare. They deliberately lied just so that they could get the law passed.
And of course this is far from the only major lie that Obama has told in recent years. The following is a list of 23 famous Obama quotes that turned out to be broken promises or cold-hearted lies…
#1 “If you like your doctor, you will be able to keep your doctor. Period. If you like your health care plan, you will be able to keep your health care plan. Period. No one will take it away. No matter what.”
#2 “My administration is committed to creating an unprecedented level of openness in government.”
#3 “We agree on reforms that will finally reduce the costs of health care. Families will save on their premiums…”
#4 “I don’t want to pit Red America against Blue America. I want to be the president of the United States of America.”
#5 “We’ve got shovel-ready projects all across the country that governors and mayors are pleading to fund. And the minute we can get those investments to the state level, jobs are going to be created.”
#6 “And we will pursue the housing plan I’m outlining today. And through this plan, we will help between 7 and 9 million families restructure or refinance their mortgages so they can afford—avoid foreclosure.”
#7 “I will sign a universal health-care bill into law by the end of my first term as president that will cover every American and cut the cost of a typical family’s premium by up to $2,500 a year.”
#8 “We reject the use of national security letters to spy on citizens who are not suspected of a crime.”
#9 “For people with insurance, the only impact of the health-care law is that their insurance is stronger, better, and more secure than it was before. Full stop. That’s it. They don’t have to worry about anything else.”
#10 “We will close the detention camp in Guantanamo Bay, the location of so many of the worst constitutional abuses in recent years.”
#11 “Allow Americans to buy their medicines from other developed countries if the drugs are safe and prices are lower outside the U.S.”
#12 “We will revisit the Patriot Act and overturn unconstitutional executive decisions issued during the past eight years.”
#13 “Will ensure that federal contracts over $25,000 are competitively bid.”
#14 “We reject sweeping claims of ‘inherent’ presidential power.”
#15 “Will eliminate all income taxation of seniors making less than $50,000 per year. This will eliminate taxes for 7 million seniors — saving them an average of $1,400 a year– and will also mean that 27 million seniors will not need to file an income tax return at all.”
#16 “We support constitutional protections and judicial oversight on any surveillance program involving Americans.”
#17 “If we have not gotten our troops out by the time I am president, it is the first thing I will do. I will get our troops home, we will end this war. You can take that to the bank.”
#18 “Will not sign any non-emergency bill without giving the American public an opportunity to review and comment on the White House website for five days.”
#19 “The President does not have power under the Constitution to unilaterally authorize a military attack in a situation that does not involve stopping an actual or imminent threat to the nation.”
#20 “We have a choice in this country. We can accept a politics that breeds division and conflict and cynicism…. That is one option. Or, at this moment, in this election, we can come together and say, ‘Not this time….’”
#21 “We’ve got to spend some money now to pull us out of this recession. But as soon as we’re out of this recession, we’ve got to get serious about starting to live within our means, instead of leaving debt for our children and our grandchildren and our great-grandchildren.”
#22 “[T]oday I’m pledging to cut the deficit we inherited in half by the end of my first term in office. This will not be easy. It will require us to make difficult decisions and face challenges we’ve long neglected. But I refuse to leave our children with a debt that they cannot repay – and that means taking responsibility right now, in this administration, for getting our spending under control.”
#23 “I, Barack Hussein Obama, do solemnly swear that I will execute the office of president of the United States faithfully, and will to the best of my ability, preserve, protect, and defend the constitution of the United States.”
Image credit: http://thetruthwins.com
There is a lot to be said for consistency, but sadly what is consistent is the lies and dishonesty as this video brings to light regarding the Obamacare navigators. The Project Veritas video below is from the same people that exposed the scandal with ACORN. Through the various Obamacare navigators and tax exempt entities involved, it appears cronyism, dishonesty and lies must come from higher up the organizational or administrative food chain. The strong connection to the DNC does not go without notice, or surprise.
CAUGHT ON TAPE: Obamacare Navigators Counsel Applicants to “Lie”
Published by veritasvisuals
U.S. taxpayer bought Post Office locations selling for private profit
In yet another example of self enrichment and crony D.C. political insider gains at the cost of the taxpayers, enter the real estate sales of many of the USPS locations. Is the government cutting it’s losses or using the self inflicted unsustainable USPS situation for insider profiteering? View the video below and you decide.
Video published by NextNewsNetwork
This story is like an onion, each layer you peel off reveals another layer and so on. But instead of making you cry this onion only makes you angrier and angrier with each layer peeled. The first layer is that the United States Postal Service is broke and to try and make ends meet they must sell off hundreds of post office properties to gain cash flow and reduce their deficit. In a side stinky layer 80% of the postal service’s multi-billion dollar deficit is caused by a law that congress passed in 2006 that requires it to pay retiree health benefits 75 years into the future.
This law does not apply to any other government agency. According to a Postal Service report to Congress more than 600 buildings nationwide are “earmarked for disposal”. This alone is making people across the country angry because some of these post offices are historic buildings that have been post offices for almost a hundred years. Such is the case in Berkeley and La Jolla California, where residents have been working to get their post offices historic status to avoid closure. Residents have reached out to their State Senator, Dianne Feinstein, for help with this task but have not heard back. A representative from Dianne feinstein’s office said that they contacted the state preservation office and that their reply was “the paperwork for those buildings was not filled out correctly and that they would need to correct and re-submit the paperwork.
That leads us to another layer of this stinky onion, Dianne Feinstein. The company that was awarded the contract to sell all of the postal properties is CB Richard Ellis, the world’s largest commercial real estate firm. The chairman of CBRE is a man by the name of Richard Blum, doesn’t ring a bell? He just happens to be Dianne Feinstein’s husband. OK Let me just list a few of CBRE’s highlights with the US Postal Service Properties:
1) CBRE appears to have repeatedly violated its contractual duty to sell postal properties at or above fair market value resulting in the loss of tens of millions of dollars. For example in Seattle CBRE sold a post office building in 2011 for 8 million dollars, it was assessed for 16 million. Another layer.
2) In a series of apparently non-arms length transactions CBRE negotiated the sale of postal properties around the country to its own clients and business partners. Google the Boston Seaport deals and see if that doesn’t turn your stomach. Another layer.
3) CBRE has been paid commissions up to 6% for representing both the seller and the buyer in many of the negotiations. This raising questions to whether CBRE was doing it’s best to obtain the highest price possible for the postal service or their clients.. another stinky layer.
When Dianne Feinstein was questioned about her husbands dealings and her involvement in them her rep said “Sen. Feinstein is not involved with and does not discuss any of her husband’s business decisions with him. Her husband’s holdings are his separate personal property.”
CBRE is also in charge of appraising the fair market value of these properties and listing at a reasonable sales price. Real estate appraisals are not customarily performed by the agent marketing the property. To avoid a conflict of interest, appraisals are normally performed by professionals not involved in the sale.
So if you’re paying attention then you can see how this is working out. CBRE is tasked with selling properties at market value or higher. But who determines what market value is?
CBRE, so the fox is officially running the henhouse.
The worst and stinkiest layer of this whole story is how open our ruling classes have become in stealing from the public at large. Almost like they are doing it with bravado and saying yea what are you gonna do about it. Sadly it seems like nobody has the guts to knock down this so called power couple of Blum and Feinstein.
If you would like to sound off on this topic, comment below.
Meet the Disability-Industrial-Complex: Up to 45% on Disability Insurance are Frauds
If the American public knew what was going on in our system, half would be outraged and the other half would apply for benefits.
- Marilyn Zahm, one of the 1,500 disability judges operating in the U.S.
I’ve known about the “disability” scam for many years now, but I had never read a report that details the racket until I checked out the following from CBS’ 60 Minutes. As usual, the real money being made in the whole scheme is not centered around the people collecting the checks, but rather attorneys, doctors and even judges who grease the wheels of the $135 billion “disability-industrial-complex.”
For example, in the economically depressed border area of Kentucky and West Virginia we find 10%-15% of the population on disability, or three times the national average. The regional disability racket is essentially run by attorney Eric Conn, who’s clients for disability enjoy a 100% success rate thanks to Mr. Conn’s relationship with doctors and a local judge named David Daugherty.
Here are just a couple of examples of how Mr. Conn uses his advertising budget:
Senator Tom Coburn explains to CBS’ 60 Minutes that:
Coburn says the report — to be released tomorrow — will show that Conn collected more than $13 million in legal fees from the federal government over the past six years and that he paid five doctors roughly $2 million to regularly sign off on bogus medical forms that had been manufactured and filled out ahead of time by Conn’s staff.
Just another scam from a scam economy. More from 60 minutes:
The hearing involves the Federal Disability Insurance Program, which could become the first government benefits program to run out of money. When it began back in the 1950s it was envisioned as a small program to assist people who were unable to work because of illness or injury.
Today, it serves nearly 12 million people — up 20 percent in the last six years — and has a budget of $135 billion. That’s more than the government spent last year on the Department of Homeland Security, the Justice Department, and the Labor Department combined. It’s been called a “secret welfare system” with it’s own “disability industrial complex,” a system ravaged by waste and fraud. A lot of people want to know what’s going on. Especially Sen. Tom Coburn of Oklahoma.
Tom Coburn: Go read the statute. If there’s any job in the economy you can perform, you are not eligible for disability. That’s pretty clear. So, where’d all those disabled people come from?
The Social Security Administration, which runs the disability program says the explosive surge is due to aging baby boomers and the lingering effects of a bad economy. But Sen. Tom Coburn of Oklahoma, the ranking Republican on the Senate Subcommittee for Investigations — who’s also a physician — says it’s more complicated than that. Last year, his staff randomly selected hundreds of disability files and found that 25 percent of them should never have been approved — another 20 percent, he said, were highly questionable.
Sen. Coburn says disability payments are now propping up the economy in some of the poorest regions in the country. Which is why he sent his investigators to the border area of Kentucky and West Virginia.
More than a quarter of a million people in this area are on disability — 10 to 15 percent of the population — about three times the national average. Jennifer Griffith and Sarah Carver processed disability claims at the Social Security regional office in Huntington, West Virginia.
Full article and link to segment here.
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Image credit: http://libertyblitzkrieg.com
American Dependency: A Food Stamp Micro-Doc
My friend Dan at Future Money Trends has just put together a fantastic micro-documentary on the rise of our food stamp nation and the far reaching consequences to society. From the art of selling excess food stamp dollars at the end of each month, to JP Morgan profiting from the program as a line of business, this video covers it all. I’ve written about food stamps on several occasions, and have highlighted how they are merely a way to boost corporate profits at the taxpayers expense. More corporate welfare and crony capitalism. My three most popular articles on food stamps are below:
Now check out the video.
Video capture added to original post.
Wall Street Banks Obtain Market Data Ten Minutes Before Everyone Else
Published by TheRealNews
TRNN interviews Bill Black to discuss market manipulation and the Wall Street banks advantage regarding news information.
Ex-Wall Street chieftains living large in post-meltdown world
The key is not to bat an eye and to act like everything is cool. Be unapologetic but low key key and the serfs will eventually put away their pitchforks.
(From The Center for Public Integrity)
Many of the top Wall Street bankers who were largely responsible for the disaster — and whose companies either collapsed or accepted billions in government bailouts — are also unemployed. But since they walked away from the disaster with millions, they’re juggling their ample free time between mansions and golf, skiing and tennis.
Meantime, the major banks that survived the crisis, largely because they were saved with taxpayer money after being deemed “too big to fail,” are now bigger and more powerful than ever.
The Center for Public Integrity looked at what happened to five former Wall Street kingpins to see what they are up to these days. None are in jail, nor are any criminal charges expected to be filed.
Image credit: http://www.againstcronycapitalism.org
Written by Daniel McAdams
The Real Elizabeth O’Bagy Scandal
So now we know that Elizabeth O’Bagy, the “expert” cited by Secretary Kerry, Senator McCain, and others as an important impartial source claiming that moderates, not radicals, dominate among Syrian insurgents is a liar.
Her padded resume was a convenient excuse for her termination from her main job at Kimberly Kagan’s Institute for the Study of War (where arch-neocon William Kristol is Chairman).
However the real scandal is not O’Bagy’s falsely claimed PhD, but rather that at her other job, for the Syrian Emergency Task Force, she had been at the enter of a massive propaganda and influence campaign aimed at the American people, pushing the idea that there were moderates in Syria who the US should be supporting. O’Bagy played a key role in that influence campaign and she was being paid to lie about the insurgents by the US government itself! Yes, the real scandal is that O’Bagy was being paid as a State Department contractor to pose as a Syria expert and convince Americans that the Syrian insurgents should be supported.
The media largely ignores this huge story preferring the easier and less dangerous story that she faked her PhD.
O’Bagy has a senior position in the US-government funded Syrian Emergency Task Force, headed by the very shady Mouaz Moustafa. Moustafa’s SETF is the organization that organized Senator McCain’s disastrous visit to Syria in May, where he met with thugs and kidnappers while claiming that they were moderates who deserved support. McCain was so taken by the Syrian insurgent kidnappers he met that he proposed a pajama party at their house and had to be dragged away by his security detail. You can see McCain and Moustafa, along with the Syrian insurgent kidnappers, in this now-famous photo.
Moustafa has a bizarre resume of his own. Before heading up the US-government funded Syria regime change lobbying group, he was Executive Director of the Libyan Council of North America, pushing for regime change in Libya. Was he on the US government payroll in that position as well?
More strange — or not — he has a long history with the Washington Institute for Near East Policy (WINEP), known as “AIPAC’s think tank,” even once (since scrubbed) being listed as an “expert” for that pro-Israel neoconservative “policy institute.”
Who are these people and why is Washington paying them to covertly influence public opinion in the United States in favor of regime change overseas?
And more importantly, now that their lies about the non-existent “moderates” among the insurgent groups fighting to overthrow the Syrian government have been exposed, why is the US government delivering weapons anyway to the radicals, jihadists, and criminals fighting in Syria?
How many of these new US-provided weapons will end up in the hands of the vicious jihadist thugs now laying siege to Maaloula, home of some of the last people on earth to still speak the native tongue of Jesus Christ? However, small arms are not as useful to them in their ethnic cleansing of Christians. They prefer dull knives for beheadings.
We are being lied to about Syria, and to add insult to injury we are being forced to pay for the privilege. The myriad of cut-out NGOs pose as independent voices but in fact are on the payroll of the US government. That is the scandal. Not fake PhD’s.
Image credit: http://ronpaulinstitute.org