Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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By: Devvy
July 17, 2008

© 2008 -


Arthur Henning of the Chicago Tribune said back in 1935, "The New Deal will bring the Communist Party within striking distance of overthrow of the American form of government..." Mark Sullivan of the Buffalo Evening News also expressed alarm in 1935: "The New Deal is to America what the early phase of Nazism was to Germany..."


The nation is awash in fear because they are coming to realize that while they've been buying all the hype from the cabal of gangsters in Washington for decades, reality is now setting in as poverty is slamming millions who used to belong to the middle class. From dangerous lending practices to the derivatives time bomb waiting to go off and inflation getting ready to launch into hyper inflation, the situation is more grim by the week. A financial catastrophe so many have been warning about for decades, it's all coming home to roost. The "perfect storm" as it's being called. The beast is now devouring itself and we the people are caught in their cross fire.


Unfortunately, most Americans haven't been listening. They're either addicted to sports, shopping, porn, drugs or yaking on their cell phones while the world has been heading for financial Armageddon. Oh, they perk up when they hear things like how many new jobs Bill Clinton created! Clinton used to love to brag that he had created 14 million new jobs during his tenure. He did? Sure, and Mr. Jones can thank Clinton for all three of his minimum wage jobs while Clinton supported the destruction of our true and meaningful job bases: ag, industrial and manufacturing. George W. Bush has steadfastly supported the same destructive redistribution of America's wealth into the hands of foreign countries while our people go without - backed up by both Democrats and Republicans.


Still, the American people continue to vote the same incumbents back into office expecting change as they did in 2006. Nothing has changed. We tried to tell people they were being led like cattle to the slaughter house. But, since corporate media has controlled the flow of information in this country for decades, the majority remain in the dark without a clue. The Internet has been a tremendous tool, but not everyone owns a computer and too many continue to play the right vs the left.


Tragically, the majority of Americans have zero knowledge of our monetary and banking systems. Take a good look at the person in front of you at the grocery store, post office or at these rallies during this past primary 'season.' Virtually all of them will tell you our form of government is a democracy and that mother government is the answer to what's bringing us to ruin. Ignorance is not bliss. As the empty bellies in this country grow louder because families have to sacrifice food for gas, dental appointments for gas and other basic necessities, the anger and frustration will build. As their paychecks continue to shrink from more and more heavy taxation, spending will decline and the economy will not grow.


As the American people become more desperate, they will grab at anything thrown out there to save their homes and jobs. Barack Hussein Obama and Juan McCain will continue feeding them gibberish about "fixing the economy." Why, only yesterday, Obama "calls for a new stimulus package to jump start the economy." Who does this huckster think he's kidding?


Since tens of millions have little understanding of how and why we got here, they will grab the lie that sounds the best. Neither Obama or McCain have ever even whispered the only real solution to our monetary and financial crisis. Perhaps they're listening to another blithering idiot, US Treasury Secretary Henry Paulson who said last week: "...the US economy would most likely be stronger at the end of 2008, even as oil prices surged to new records above 146 dollars. "I think there is a very strong possibility that we will be growing at the end of the year. We will have stronger growth at the end of the year than we have right now."


The upside is that millions of Americans do know and understand how we came to this point. They know because, just like me, they learned from individuals like Dr. Edwin Vieira, who has been educating on this issue for over 30 years. The same as Congressmen Louis McFadden (deceased, 1936) and Ron Paul; G. Edward Griffin and too many more to list. We also know that what is being proposed regarding Freddie Mac and Fannie Mae is against the law. The U.S. Constitution does NOT authorize Congress to act as a bank to bail out corporations like Lee Iacocca's Chrysler Corporation, the infamous 'Mexican Peso Bailout' under Marxist Bill Clinton or Freddie and Fannie.


As James K. Hickel, of the Heritage Foundation so accurately pointed out in 1983: "In the case of the Chrysler bail-out, a big chunk of taxpayer money was committed to a shaky and inappropriate venture. Every American became an involuntary and uncompensated partner in a company whose future is still in doubt. On top of this, the bail-out even failed in its purpose. The precedent established is extremely dangerous."


Not only was it a dangerous precedent and in violation of the supreme law of the land, here we are 25 years down the road: "Chrysler to lay off thousands of salaried workers, cut 750 job at Ohio plant. The white-collar cuts come on top of the 13,000 layoffs Chrysler announced in February as part of a massive restructuring plan." GM has also announced huge lay offs coming. This bail out of Freddie and Fannie will not help the local economies where the lay offs happen. The situation will worsen when those workers can't make their mortgage payments and default. The states won't be able to tax at the same rates and will begin to crumble. Services in your state will be cut and those who lose their state, city and county jobs will have a hard time with their mortgages. Add the number of seniors already dependent upon the state for their very existence, including medical care and the increasing numbers of seniors filing for bankruptcy and you have a financial sledge hammer coming down on the states that's going to get ugly.


As for the Mexican Peso bail out, millions of us demanded Congress stop such lunacy, but you see, it was tied to NAFTA. The same NAFTA both the Republicans and Democrats have allowed to remain in effect for over 15 years even though it is clearly unconstitutional and has killed MILLIONS of good jobs. An excellent analysis can be found here: The Peso Crisis and Cause. The U.S. Constitution was again trashed and too few cared.


On July 16, 2008, I happened to catch a segment with Judge Andrew Napolitano on FAUX News Network's afternoon session hosted by the affable, but ignorant, Shepard Smith. Napolitano patiently tried to explain to Smith why Congress has NO authority to bail out any of these private corporations. Smith looked perplexed, as usual. Andrew Napolitano is one smart man who isn't afraid to call it like it is and would have made a first rate Attorney General under a Ron Paul presidency. Add Dr. Edwin Vieira as Secretary of the Treasury and we would have seen the first steps taken towards ridding America of her shackles to the unconstitutional "Federal" Reserve Banking System.


What Smith didn't seem to grasp, the looting of the American people once more to save stock holders of these corporations -- just what is going to be used for this latest swindle of the people's purse? The U. S. Constitution does not authorize Congress to act as a bank or loan guaranty agency. All the cable network gas bags and political pundits are weighing in on this financial tsunami with one band aid or another. Of the dozens of columns and news items I've read in the past couple of weeks, I believe the one that best sums it up is by Lew Rockwell, Fannie, Freddie, Fascist:



"Place the blame not only on the banks, but also on the institutions that are siphoning off their liabilities for irresponsible behavior, and that would be Freddie and Fannie. And who created these? Travel back in time to the New Deal. Here is an article about the creation of Freddie Mac. And here is another about Fannie Mae.


They were created by FDR in 1938 to fund mortgages insured by the Federal Home Administration. They were used by every president as a means to achieve this peculiar American value that every last person must own a home, no matter what. So they were given the legal permission to purchase private mortgages and make them part of their portfolios. Still later, under LBJ and Nixon, they became public companies and sold stock."


These crooks in Washington want to rescue the stock holders of Freddie and Fannie to the tune of ONE TRILLION dollars. That's just what these two entities need right now. Who knows what the final numbers will be? We have to remember that close to another million homes will go into foreclosure by the time the next puppet president is sworn into office. What will they "need" a year from now? Where will this ONE TRILLION "dollars" come from? July 15, 2008: Bernanke: Economy faces 'numerous difficulties'


"Bernanke's testimony comes just two days after the Fed and the Treasury Department came to the rescue of mortgage giants Fannie Mae and Freddie Mac, offering to throw them a financial lifeline. The Fed chief was later joined by Treasury Secretary Henry Paulson and Securities and Exchange Commission Chairman Chris Cox, who were summoned to detail the rescue plan. The two companies hold or guarantee more than $5 trillion in mortgages -- almost half of the nation's total. The Bush administration is asking Congress to temporarily increase lines of credit to Fannie and Freddie and to let the government buy their stock. The Fed has offered to let the companies draw emergency loans."


Where in Art.1, Section 8, of the U. S. Constitution does it authorize the federal government to buy up stock in any corporation and reward stockholders for their gross mismanagement? Where is the "FED" going to get this ONE TRILLION "dollars"? Why, they're going to create it out of thin air - the magical money machine! As I write this column, Congress has run this country into a $9,498,511,404,143.63 debt. That's just under $9.5 TRILLION "dollars." How many Americans know what "debt ceiling" means?


March 22, 2008: Congress Raises the Debt Ceiling To Accommodate Bush's Legacy


"The House fiscal 2009 budget, which passed last week, raises the borrowing authority of the United States from $9.815 trillion to $10.2 trillion, an increase of $385 billion dollars. The Senate, passing its own version of the 2009 budget, did not raise the federal borrowing authority, but does expect to spend $3 trillion, with a projected deficit from $340 to $366 billion. Some estimate that the Treasury Department will hit the $9.815 ceiling limit shortly after the November elections, which will be no surprise to anyone. The two chambers will have to reach a compromise in the next few weeks. The big winners in all of this are the foreign entities the U.S. will borrow from in an effort to finance the expenditures."


Increase lines of credit, Mr. Bush? What you're asking is to further enslave my daughter who already works two jobs just to keep afloat, to save these stock holders and entities that should never have been created in the first place. If this ONE TRILLION "dollars" created out of thin air is added to the national debt, it will exceed the current 'debt ceiling' as the interest accumulates; Congress will have to raise it again. Counterfeit U.S. Senator, Chris Dodd wants everyone to shut up about Freddie and Fannie. Could it be because this incompetent blowhard is the Chairman of the U.S. Senate Committee on Banking, Housing and Urban Affairs that recently passed another rape of we the people:


July 11 (Bloomberg) -- "The U.S. Senate passed a $300 billion plan to help thousands of Americans keep their homes and tighten regulation of Fannie Mae and Freddie Mac in an effort to ease the worst housing slump since the Great Depression. The legislation, approved 63-5 today, would let an estimated 400,000 struggling homeowners avoid foreclosure by refinancing their subprime mortgages into fixed-rate loans backed by the government. The measure also offers tax incentives to potential home buyers and sets aside $4 billion to help communities buy foreclosed properties."


"Backed by the government" means if they default again, we the people are on the hook in higher taxes for all this borrowed paper. There isn't any $300 BILLION in the U.S. Treasury. It's empty and overdrawn almost $9.5 TRILLION dollars. That $300 BILLION will have to be borrowed from the private "FED" and the interest will be slapped on our backs. What future is there for our children and grand children except as slaves to the powerful? Does anyone see the lunacy here?



Increase lines of credit, Mr. Bush? No, increase debt. Rearranging massive debt with more massive borrowing (debt). Does anyone see the lunacy here? The truth is that you cannot have a "strong, robust economy" that is based on debt because debt is not prosperity no matter how much clever word smithing is being pumped out for public consumption. A nation's monetary system cannot and will not survive under a fiat currency such as we've had shoved down our throats since 1913. This is why so many own gold. Yes, you should have a good back up food system, but when paper money is worthless, no one turns down gold.



Change cannot happen with the same incumbents who have approved this fleecing of we the people as well as all the other unconstitutional legislation coming out of CON-gress for decades. Unless you want to be little better than oxen to the yoke while Congress takes care of the bankers, help kick them out in November. This means getting out and working for a candidate and if machines and/or scanners are used, a hand count must take place immediately because any constitutional candidate running for high level offices will lose. Listen to the voice of experience.


Learning Links:


1 - Be a part of history. This is the real new print media
2 - Are Monetary & Banking Crises Inevitable in the Near Future? (March 2005)
3 - Will The Coming Monetary Crisis Provide Opportunity For Reform? (March 2005)
4 - The Shearing is Nearing (Feb. 2007)
5 - 78% Income Tax Rate Hike?
6 - July 10, 2006. Congress Ignoring Looming Financial Catastrophe
7 - October 4, 2007. Congress will do nothing to stop coming financial disaster
8 - The Final Globalization of The US Banking System
9 - Mortgage Meltdown. Interest rate 'freeze' - the real story is fraud
Bankers pay lip service to families while scurrying to avert suits, prison
10 - Will you out live your money?
11 - Congressman McFadden brings formal charges against Federal Reserve


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Moderators, please...
This is really whacko nonsense.
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Come on people - don't fall for criminal nonsense.

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4 justice now

Why is it that whenever an article such as this gets posted its almost always followed by anonymous posters claiming it's simply a fraud? I have no idea whether it is or isn't. But many of the statements noted within certainly ring true. And those anonymous posts appear just a bit too convenient. But of course, there's almost nothing out there that I happen to trust any longer and even fewer people.




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Nye Lavalle
I agree on both sides of fence. There are some BIG whackos that have many scams. Buyers and borrowers beware. However, this is a forum and free speech is a fundamental right.

Many of the so-called conspiracy theories are now proven to be true. Secret societies have existed since the beginning of man. Yet, people do the fact checking and make sure you don'y believe everything you read, even from me, without checking the facts.

I too am occasionally mistaken, but my track records speaks for itself. In the meantime, check your facts!
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Fannie and Freddie are fundamentally Unconstitutional and part of the communist/socialist.Fascist/police state call it what you will they are all variations of Feudalism where peasants give their assets in return for protection. Even if that were not so they have certainly facilitated looting of our country by funding the bad and dangerous loans to the point of devaluing the Dollar and placing our entire financial system at risk which is not only absolutely completely and undeniably illegal and Unconstitutional it's treasonous as well. Our Constitution guarantees free money (the government coins our gold and silver for free) and a fixed silver based monetary system. The whole main point of the revolution in the first place was to free us from the church-state and police-state funded by paper money and ruled by religious dogma. No matter what convoluted and complicated explanation any one can come up with for the progressive tax rate and the government sponsored private owned government sponsored monopoly known as the FED it's clearly in violation of the basic principles of our country which demands sound money and strict protection of property rights to survive as intended, that is a checkbook dictatorship of the people over the government and corporations which forces both to serve our needs and ironically prevents them from making us so mad we want to throw them in prison or hang them in public square.

In order to protect the corporations, wealthy people, lenders, and the government the engines of wealth, prosperity, stability and knowledge a representative government was formed with the knowledge that a direct democracy was likely to create mob rule where the common people voted themselves into poverty and anarchy by transferring the assets of the the country to themselves. Many of the common people who think would become rich or at least comfortable by transferring assets to themselves, fail to explain how if they are so good at managing and investing wealth in the first place why they are not already wealthy, in other words they would have nothing to survive on after spending the transferred wealth. The super rich instigated class ware-fare by labeling the middle and upper middle class the rich and convinced the citizens they had a right to use democracy to obtain social justice.

The middle and upper middle class have lost wealth and power though taxation, regulation and monetary polices and the poor have skyrocketed in population and needs leaving what's left of the middle and upper middle class to support them and the super rich and powerful to get even richer and consolidate their hold on power by controlling money and resources.

I find it outrageous when so called conservatives defend the FED, IRS, and Gse's
the whole system is clearly based on the Marxist philosophy of redistributing assets.The progressive tax rate is a fundamental violation of the right to own property and have it protected by the rule of law the liberals, progressives, socialists, etc. use propaganda like social justice, equitable distribution, and try to convince people that the rich have more than they need. The so-called conservatives that support the statistic corporate monopoly use the excuse that borrowing is critical to expand business or that an expansion of government power and spending is necessary to fight the war, at this point in time the war on terror. A debt based economy based on consumption and a central government monopoly is as far from conservative as possible it's flat out Fascist which is actually left wing extremism. The liberals and ilk claim the Neo-con movement is right wing extremism because they feel that government control and seizure of public assets for the sake of corporations and the "rich" is bad while government control and seizure of assets for the sake of the "underprivileged" is good. We have just had the largest expansion of government and spending in history no matter how you slice it like it or not it's still statism, leftism central government control. The same apparatus is used to transfer wealth and power like it or not the Neo-cons along with the repeal of the Glass-Steagal act under the Clinton's have helped put in place the monetary and power structure for a complete and total socialist/Marxist/fascist government. Debate all you like whether it had to be done to protect against Islamic extremists that still doesn't change the fact. So like it or not intentionally or not the Clinton's along with Phil Gramm laid the frame work for the massive Wall street, insurance and banking looting of our country, NAFTA and CAFTA provided an avenue for the looted funds, and the Bush admin has laid the framework for taking our guns and a complete welfare state. The same laws which are claimed to be necessary for the war on terror can now be used for a war on the people and middle and upper middle classes assets. It would seem those seeking a champion of the people made a big mistake in supporting the Clinton's and those supporting limited government, states rights, low taxes and a strong business environment etc. made a big mistake in supporting Bush.

As a Christian conservative I was happy at first to see Bush in power but much to my dismay he helped his biggest donor Roland Arnall flee the country and avoid investigation while trillions of U.S. citizens assets were being transferred overseas. The sub-prime crises may have been headed off at the pass had the President not shielded Roland Arnall from prosecution. Seems like it's getting harder to figure who wears the white hats and who wears the black ones.

The result is the same one group of people, countries, businesses, religions, races, gender, etc. is demonized in order to justify government/police seizure of assets and central government control. The Democrats and Republicans both polarize different groups to get them to fight each other while ignoring the big agenda, debt slavery, central government control, increased population which creates a permanent underclass and unnatural demand for good, services, and or course financing.

No matter what the excuse recession, depression, war on terror, war on poverty
whether it is a so-called liberal or conservative cause the more power and wealth we allow the government and their partners to control the less wealth and power the common people have. These illegal expansions of power and corporate dictatorship have been in response to the panic of war or financial catastrophe.

The Constitution guarantees property rights, the rule of law and sound money no amount of name calling, jumping up and down going hysterical and yelling we are under attack or saying taking care of the poor and needy will change the fact we have a socialist/Marxist type economy which feeds the military industrial complex.

Those who say they want big government spending on social programs or credit based expansion of global trade cannot have that without perpetual wars, boom bust cycles, and a creeping police state or should I say leaping police state.

The FED/IRS system based on the progressive tax rate and paper money was designed to stealthily transfer massive U.S. assets to Europe to arm for WWI while the official U.S. policy was peace. We can't have a debt based expansionist monetary and trade policy on a planet with finite resources. We can't have the government's transfer wealth from productive resourceful and responsible citizens to the poor without creating global poverty with a handful of super rich controlling everything.

No matter how anyone feels about it, what they have been told or what they believe
there are certain basic facts we can chose not to accept those facts and continue the cycles of war, poverty and famine or we can chose to make rational, wise and educated choices.

I would seem that duped or not there is so much crime and corruption in the governments and corporations, so few of them and so many of us that the liability especially in the age of the Internet rests with the citizens which collectively have refused to stand up for the rule of law, our rights and freedom. Divide and conquer it's the oldest trick in the book.

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