Tag Archives: crime

Business/Economics, Idaho, U.S.

Black Horse & Government Incompetence: Mortgage Settlement money to be used to destroy homes, not keep people in their homes! No protection against MERS! Scams already taking place

Recently the Obama administration announced a victory against the too big to fail banks which are causing the home foreclosure nightmare.  Basically the banks admitted they screwed up, and agreed to pay a huge settlement to help people (lucky enough to still be in their homes) refinance their loans.

But now it’s been revealed that money going directly to state governments can be used for anything, and some local governments will use that settlement money to tear down vacant homes!

The Huffington Post is also reporting that Cleveland, Ohio, has already spent $60 million tearing down homes repossessed by the too big to fail banks.  And that money came from city social programs meant to help the poor!

“We would have much rather spent that money helping families and creating homes rather than knocking houses down that we believe are owned by some very well resourced banks.”-Chris Warren, Cleveland, Ohio’s chief of Regional Development

Now, Ohio is set to get $335 million from the National Mortgage Settlement, and $75 million will be used to tear down homes, rather than get people back into them!

Ohio is getting a big chunk of the settlement money, while New Hampshire is getting a smaller share.  In an opinion piece out of New Hampshire, the SentinelSource says “…investigations have turned up enough reckless and unprofessional behavior on the part of big mortgage loan servicers to justify their paying penalties and granting relief — and in sums far larger than the settlement calls for.”

One aspect of this “settlement” is that states get a large amount of money that has apparently no strings attached. In other words they can do whatever they want with it.

In the case of Idaho, Attorney General Lawrence Wasden said on top of the money going to help keep Idahoans from losing their homes (and the piddly, and I mean piddly!, amounts of money being paid to people who already lost their homes), the state of Idaho gets more than $13 million!

  • Eligible Idaho borrowers will receive an estimated $74,686,493 in benefits from loan modifications and other direct relief.
  • Approximately 5,000 Idaho borrowers who lost their home to foreclosure between January 1, 2008, and December 31, 2011, because of substandard servicing practices, will receive $9,998,041 in cash payments averaging $1,500 to $2,000 for each affected borrower. These borrowers have been identified by their servicers and will be contacted by the settlement administrator.
  • The settling servicers will pay $15,172,779 to fund a program that allows underwater borrowers to refinance their loans.
  • The state will receive $13,932,238.

Notice there’s nothing specific about what the more than $13 million going directly to the government of Idaho is to be used for.

Also, the settlement does nothing to protect homebuyers from MERS (Mortgage Electronic Registry System).  Recently the Attorney General of New York filed suit against the too big to fail banks on the grounds that MERS was causing many of the foreclosures, illegally: “…brought foreclosure proceedings en masse based on deceptive and fraudulent court submissions, seeking to take homes away from people with little regard for basic legal requirements or the rule of law.”-Eric Schneiderman, New York Attorney General

To make matters worse, several states, like Alabama and Virginia, are reporting scams: “The caller requests the consumer’s bank account number and alleges that he will direct deposit settlement money into the consumer’s bank account…  Mortgage borrowers should contact their mortgage servicers directly…”-Kenneth T. Cuccinelli II, Virginia Attorney General

…there before me was a black horse! Its rider was holding a pair of scales in his hand. Then I heard what sounded like a voice among the four living creatures, saying, “A quart of wheat for a day’s wages, and three quarts of barley for a day’s wages, and do not damage the oil and the wine!”

 

U.S.

United Police States of America: Autopsy shows Texas Cops not justified in killing high school student. Teen high on chocolate? Cops force Stepmom to wave legal rights!

On February 17, 2012, the results of an autopsy on a 15 year old, shot and killed by Texas cops, were released.  It shows the cops were not justified!

On January 4, cops shot a 15 year old at Cummings Middle School in Brownsville, Texas.  He died of gunshot to his chest and abdomen.  Associated Press reports say the teen was shot in the back of the head as well.

Police said they believed he was on drugs, and they did not know the gun he was holding was a pellet gun.  The autopsy shows the teenager was not on drugs.  Only compounds associated with chocolate, caffeine and tea were found in his system!

To add insult to murder, the family of the boy said the police forced his stepmom to sign paperwork absolving the cops of any wrongdoing!!!

U.S.

United Police States of America: Police lie about success in solving crimes

“An examination of District homicides found that the department’s closure rate is a statistical mishmash that makes things seem much better than they are. The District had 108 homicides last year, police records show. A 94 percent closure rate would mean that detectives solved 102 of them. But only 62 were solved as of year’s end, for a true closure rate of 57 percent, according to records reviewed by The Post.”-The Washington Post

Washington DC’s Police Chief Cathy L. Lanier claims her police department has a 94% solve rate for homicides in the country’s capitol.  The Washington Post investigated and found that to be a flat out lie!

The Washington Post also investigated the method the DC police use to claim their solve rate, and discovered that it’s used by police around the U.S. (it’s the FBI’s Uniform Crime Reporting)

Washington DC’s Police Chief Cathy L. Lanier backs that up: “The UCR guidelines have been used to report on clearance rates as long as anyone here can remember, and is not unique to my tenure as Chief of Police. Most agencies across the country use the same guidelines and rules in reporting homicide clearance rates.”

This means you can not trust your own local police in their claims of solving crimes!

 

 

Business/Economics, International, U.S.

Government Incompetence & World War 3: United States increasingly isolated over Sanctions against Iran. India and Japan still buying Iranian oil. South Korea gets exemption

“India’s decision to walk out of step with the international community on Iran isn’t just a slap in the face for the U.S. – it raises questions about its ability to lead. The Indian government’s ill-advised statement last week that it will continue to purchase oil from Iran is a major setback for the U.S. attempt to isolate the Iranian government…”-Nicholas Burns, former U.S. Undersecretary of State for Political Affairs

India joins a growing list of countries basically telling the U.S., and U.K., to go stuff themselves.  Indian government officials are working with Indian companies to create a system that will let them pay for Iranian oil with Indian rupees.

In Japan, an affiliate of Royal Dutch Shell, says they will continue buying Iranian oil despite pressure from the U.S. government. Showa Shell Sekiyu KK is Japan’s 5th largest refinery, and uses 100,000 barrels per day of Iranian oil.  Officials say they are affiliated with Royal Dutch Shell, but they operate independently and have their own contracts with Iran.  This is also why Iran has not stopped oil shipments to Japan (Royal Dutch Shell is a British/U.S./Dutch controlled company).

Then there’s South Korea, which has managed to convince U.S. lawmakers to exempt more than 2,000 Korean companies from the sanctions.  Not only that, but South Korea’s Woori Bank, and the Industrial Bank of Korea, do business directly with Iran Central Bank.  Their transactions are done in Korean money, thus avoiding the U.S. petro-dollar.

International, U.S.

Red Horse & World War 3: More proof that the U.S. is in bed with al-Qaeda, Iraqi militia joining U.S. supported Free Syria Army

“…if we look back at the number of secular regimes the U.S. has undermined, destabilized or toppled: Afghanistan in the 1970s and 80s, of course we’ve had Libya, Yugoslavia….so it’s a great myth to think that the U.S. and al-Qaeda will always be on the opposite side. They’re often on the same side.”-Neil Clark, contributor to the Guardian

Russian media have interviewed Iraqi militia, who are associated with al-Qaeda, as they prepared to go to Syria to join the U.S. and Israeli backed Free Syria Army.

The group was once known as the Army of Free Iraqis, and with support from al-Qaeda they regularly fought against U.S. troops.

In one photo an Iraqi held up his hand, which had written on it “Free Syria” indicating he was heading to Syria to join the U.S. backed insurgency.

Both Syrian, and Iraqi government officials have stated that many of the so called democracy demonstrators were actually from outside Syria.

Even Director of U.S. National Intelligence, James Clapper, said recent bombings in Syria “…had all the earmarks of an al-Qaeda-like attack, and so we believe al-Qaeda in Iraq is extending its reach into Syria.”

Then another horse came out, a fiery red one. Its rider was given power to take peace from the earth and to make men slay each other.

Fukushima

Pale Green Horse & Fukushima: Damaged GE reactors still spewing radiation almost a year later!

On 20 February 2012, the Japanese media was given a short tour of the Fukushima Daiichi nuclear power plant.

The tour was quick because the disaster reactors are still emitting high levels of radiation.

To give you an example; just at reactor 4, daily radiation levels are higher than the yearly safe limit for the civilian population!

The safe limit is one millisievert per year.  Reactor 4 is still pumping out 50 microsieverts per hour!  That’s 1,200 microsieverts, or 1.2 millisieverts per day!

Remember, that’s just from one of the four damaged reactors.

I looked and there before me was a pale horse! Its rider was named Death, and Hades was following close behind him.  They were given power over a fourth of the earth to kill by sword, famine and plague, and by the wild beasts of the earth.

Fukushima

Pale Green Horse & Fukushima: Almost half of population exposed to execesive radiation levels! Woman contaminated with 23 years worth of radiation in just 1 year!

20 February 2012, Japan’s Fukushima Prefecture released the results of their own radiation contamination study.  The study did not include people working at nuclear plants, or other employment where contact with radiation is part of the job.

42% of the people living in Fukushima Prefecture have been exposed to more radiation than the official safe limit. The safe limit is one millisievert per year.

The radiation is coming from the damaged General Electric designed Fukushima Daiichi nuclear plant.

At least 71 people have been exposed to 10 millisieverts (or ten years worth of radiation), and one woman has been exposed to 23 millisieverts (or 23 years worth of radiation)!

The study is still ongoing as Fukushima prefectural officials have not been able to screen everyone, and the Fukushima Daiichi reactors are still spewing radiation.

I looked and there before me was a pale horse! Its rider was named Death, and Hades was following close behind him.  They were given power over a fourth of the earth to kill by sword, famine and plague, and by the wild beasts of the earth.

Business/Economics, International, U.S.

World War 3 & Government Incompetence: Iran shuts down global Steel industries, blame the United States, Russians pissed off. “Iran is King”

“Iran is the only market in the world that can move billet prices and now trading has basically come to a halt.”-unnamed British steel trader

Not only is the U.S. oil sanctions on Iran backfiring, but so are U.S. sanctions on steel sold to Iran!

“Now you can really feel the effects of the sanctions imposed by the U.S. and Europe…It is very difficult to do any business with Iran at the moment.”-unnamed Swiss steel trader

U.S. and European sanctions might have stopped the sale of steel to Iran, but it’s also shutting down U.S. and European steel makers!  Why?  Iran is the biggest buyer of steel billet, and with the biggest buyer of steel out of the game steel prices are dropping like a rock!!!   (unlike oil, where everyone is trying to get their hands on it, thus causing oil prices to go up)

Russia is upset because they supply much of the steel Iran uses (Iran buys 15% of the steel exported by Russia): “Russian producers are not selling to Iran as they need pre-payments and won’t accept letters of credit. If I find a way to do that I won’t tell you. Iran is the king market in steel and if we can find a way to trade with them again we certainly would not share the know-how.”-unnamed Swiss steel trader dealing in Russian steel

Unlike the oil market, where Iran has established a successful trade system that avoids the U.S. dollar and U.S. & U.K. banks, the global steel market is still dominated by U.S. & British banks.  But some Russian’s are hopeful they’ll find a way ’round it: “Steel demand is pretty strong, the problem is the banking system. Russian banks do not have trading lines with Iranian banks to facilitate ruble transactions.”-Dmitry Smolin, URALSIB Capital

 

Business/Economics, U.S.

What Economic Recovery, Corporate Lies & Proof Class War being waged against Working Class: Sears laysoff 100 employees, after taking $150 million tax break, more layoffs to come

February 16, 2012, Sears announced layoffs of 100 of its employees at its Illinois headquarters.  Some Illinois politicians say the state was blackmailed into giving Sears a $150 million tax break, and that even more Sears layoffs are in the works.

Sears told Illinois lawmakers that if it didn’t get the tax break it would move its headquarters out of state.  The implication was that if Illinois didn’t want a lot more unemployed people they better do what Sears wants.  Well, Illinois is getting more unemployed anyway!

And here’s how even more people will be laid off.  The tax break requires Sears to maintain 4,250 employees at its headquarters (aka Hoffman Estates).  Yet, even with the 100 announced layoffs, Sears has more than 6,100 employees at the site.  That means close to 2,000 people could still lose their jobs as part of the $150 million tax break!