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.
Articles |The FORUM |Law Library |Videos | Fraudsters & Co. |File Complaints |How they STEAL |Search MSFraud |Contact Us
Inside Federal Reserve
My purpose in posting this is multifold. First, the effects that the moneychangers Jesus exposed in his lifetime has an effect on any human from the poor man with no money in his pocket to the multibillionaire. When someone said that money was the root of all evil, perhaps it was that money is created by the roots of evil.

In any event, I have seen where money was the only thing people valued and sought and some of the wealthiest friends I have have the highest incidence of poor psyches, drug abuse, alcoholism, and gambling. As I say, gambling and cocaine is God's way of telling you, you have too much money. In any event, I have personally witnessed the effects that money and the loss of property has had on many men and women. it;s what creates the world's world's wars and problems from Gaza and Israel to Balken and African nations. So, in reading this, think that if the international money changers can do this to a billionaire, imagine what these people due to all of us. it's why jesus drove them out of the temple! it's why we must dive them out of our nations and lives.

German Billionaire Merckle Commits Suicide


FRANKFURT--Adolf Merckle, one of Germany's wealthiest men, committed suicide by throwing himself under a train weeks after his family business empire, spanning drugs to cement, began unraveling amid mounting debts, his family said Tuesday.

The death of the 74-year-old multibillionaire, whose holding company oversaw dozens of firms and roughly €30 billion in annual sales, represents one of the most tragic outcomes of the global financial crisis to date.

News of Mr. Merckle's suicide came after a consortium of about 30 creditor banks put the finishing touches on a bridge loan of roughly €400 million to the holding company, VEM Vermögensverwaltung GmbH.

But VEM had to hand over significant collateral to the banks as a prelude to a broader restructuring in the coming months that is expected to strip the holding company of many assets, according to people familiar with the matter.

Mr. Merckle, a trained lawyer who shied away from the spotlight, inherited his family's pharmaceutical company in the 1960s and expanded aggressively. He eventually controlled major stakes in Phoenix Pharmahandel, a German pharmaceutical wholesaler with about €20 billion euros in revenue; publicly listed HeidelbergCement AG, a cement company with more than €10 billion euros in sales; and generic drug maker Ratiopharm International GmbH, which has around €2billion euros in revenue.

But Mr. Merckle lost hundreds of millions of euros last year in misplaced stock market bets, said people familiar with the matter. Much of these losses were tied to short positions in Volkswagen AG shares, in which he wagered that the share price would fall. Instead, they skyrocketed late last year in what market participants have described as one of the most dramatic short squeezes ever.

Bankers say Mr. Merckle also overstretched himself financially in recent years with highly leveraged acquisitions. He increased his indebtedness in 2007 when HeidelbergCement acquired U.K. building materials company Hanson PLC for about £8 billion. VEM confirmed late last year that it was in refinancing talks with creditors.

Mr. Merckle's body was discovered Monday night near train tracks outside the southern German city of Ulm in what local police described as a "railway accident." There are no signs that anyone else was to blame, they added in a statement.

His family said Tuesday that he had committed suicide.

"The distress to firms caused by the financial crisis and the related uncertainties of recent weeks, along with the helplessness of no longer being able to act, broke the passionate family businessman, and he ended his life," it said in a brief statement.

Write to Mike Esterl at
Quote 0 0
Money's just a tool the evil is in the humans misuse of the tool. As far as Jesus throwing the money changers out of the temple it was on the basis of desecrating Gods temple.

The issue was the same as it is today the synagogue leaders used their social and religious status to control people to their benefit and profit. Jesus was outraged by the hypocrisy of church leaders using their position of trust and authority for abuse of power. In Israel in Jesus time the synagogues were a center of political and social power even under Roman rule. In times of war and economic disaster or other chaos the citizens look to the government and church  for power, security, and guidance, so ironically the more problems the government can create the more it is needed, the more moral or spiritual problems the people have the greater the dependence on church leaders they have, the more need for money the greater the dependence on banks and lending. The reason we have church state separation is to prevent the church-state from enslaving people. The reason our Constitution mandates hard money currency controlled strictly though Congress elected by the people is to prevent a central bank from creating a bank-government dictatorship,
obviously a church-bank-government state would be the worst case scenario.

The problem isn't money or ambition the problem is that debt is money and businesses and investors can get rich using our money and even worse yet get mega rich by gambling and even "loosing" our money.

As far as Adolf Merkle loosing his shirt on the Volkswagen shorts. Germany investigated Porsche's possible manipulation and the stocks plummetted again so placing more shorts on unexpected volatility would have recovered his losses. I learned that lesson on a Tech position I wanted to sell or place shorts on and my broker talked me out of it because he didn't want to burn and churn, well the next morning after my meeting he called and suggest I place a margin purchase or long position due to an unexplained precipitous drop. Well it wasn't unexplained to me because I felt it was overvalued and had taken an unexplained rise, well I was so mad I took the losses and decided not to make a margin purchase or take a long position and lost out on a big opportunity that I had actually planned ahead for because I was upset I had let the broker influence me, although he meant well and had a good long range strategy and actually was being  honest by advising against the sale and costing himself commissions.

Fiat fractional reserve money and especially mortgage securitization is at the root of the problem with our entire economy and especially the direct cause of ms fraud and the greater economic meltdown.

The reason is mortgages were made with the intent they would not be re-payed in a financial system where you can get rich by using and risking other peoples money and get mega rich by appearing to lose other peoples money but actually converting it to financial instruments and transferring it off the books.

If we had a free market capital system backed by hard money then the richer the upper class got the more wealth and jobs it would create for the broad spectrum of the public.

The progressive tax rate FED/IRS system takes money from the middle and upper middle class, the people who should be driving the economy and starting businesses and transfers it to the government, banks and social programs. wait aren't social programs great for lending a helping had to those at the bottom so they can be productive citizens?, well it's certainly a windfall for the international bankers making hundreds of billions a year in interest payments on the deficit. The progressive tax rate is also a firewall that stops productive and near rich from becoming the rich.
The FED/IRS system ended free market capitalist Republic and implemented a socialist corporate/democracy hybrid. The difference between a democracy and Republic is that a Republic the public chooses leaders to implement the law, and a democracy is direct rule by the people according to their wishes. Democracy sounds great in theory but doesn't work in practice or people casting conflicting votes based on personal interests. The stability of the representative Republic is adherence to a fundamental set of principles and laws creating a level playing field and equal opportunity where direct Democracy human nature rears its ugly head and people with conflicting interest decide to artificially level the playing field and pass laws and raise taxes according to personnel desires, interests and temporary situations such as recessions, depressions, wars, crop failures, bank failures, oil shortages, etc.

What does that have to do with ms fraud well really quite bit. The lenders could not use our money to lend back to us and wouldn't not make loans the lose money, investment banking couldn't afford reckless speculative risks and certainly would not get rich looting the economy, the GSE's Fannie and Freddie that funded the bad loans would not have existed. In hard money currency the banks would be fools to create loans designed to fail because they would actually lose money. Under a savings based low tax rate economy domestic businesses would have an incentive to create jobs products and services here and build assets rather than debt.

Probably one of the biggest problems with our debt and consumer driven fractional reserve, high tax economy is it has caused money  jobs, production, services etc. to flow out of the country and the foreign interests which backed and still back our debt  now have a large influence on our economy and politics.  The FED/IRS was implemented in a rush on the eve of WWI to create funds for an upcoming war we were official neutral in and in response to economic volatility due to an uncertain economy. The FED/IRS feeds a huge central government, central banking run by private concerns, and permits the government to spend huge amounts of money now and pay later. This system supports a rush to government bailouts and subsidies of all sorts from farming to business failures, wars, corporations and banks using citizens money as their own. The FED/IRS allows the government, Businesses and financial services industries to borrow our way out of every problem from poverty, to banks looting our assets where if we had a savings based economy we would have to make safer, saner more rational long term decisions and actually resolve issues rather than just plain placing band-aid on them with a huge infusion of borrowed cash we must all pay interest on. Adding direct democracy to fractional reserve debt based money is like storing dynamite in your pickup bed over the gas tank and going four wheeling. Now you have a general public that can respond to any media induced panic and the banks and government will be more than glad to create any amount of interest bearing debt to buy our way out of any problem in existence. Have a child with poor grades just have the government buy him a gold plated textbook, the banks looted our assets and took our homes just have the taxpayer fund public housing and food programs and let the bank get rich from funding the deficit.

I thought the American dream was for a poor immigrant to come here with nothing and achieve any level of success their talents, and ambition allowed them to. Limiting and redistributing wealth and success creates a loophole for the elites and well connected to exploit and stifles productivity, growth and innovation.

Since debt is money the incentive is to create more debt and short term profits and encourages crime so the problem is not money it's debt. The Fed creates money out of debt and should be public enemy number one and replaced with sound money and leveling the playing field not by amount of income or profits but by protecting property rights, enforcing contractual law, investigations and convictions  criminal lending activities.

People confuse crime and business and associate wealth and profits with crime and greed due to the debt based economy but in a savings and production based economy the more the corporations, companies, lenders, investors etc. served the consumers and clients need the more they would make.

We could put away class division and political polarization in a savings based economy because the profits would be tied to providing goods and services and consumers would have a checkbook dictatorship.

Quote 0 0
4 justice now
IFR: Just for the record I think the actual quote should be: "The love of money is the root of all evil".

Either way, I agree with both Your and Greg's comments was said in the above posts and appreciate your efforts in attempting to enlighten others. They are very important facts that have been ignored much too long by the public in general. Thank-You for posting! 


Quote 0 0
Thanks 4j that's what I was trying to say in a long winded way.
It's the love of money that's evil, a large part of the bible is devoted to good stewardship and making wise decisions so you and your family won't wind up unable to take care of yourself and family.

Quote 0 0

It's not money that is the root of all evil. 1 Timothy 6:9, 10 However, those who are determined to be rich fall into temptation and a snare and many senseless and hurtful desires, which plunge men into destruction and ruin. For the LOVE OF MONEY is a root of all sorts of injurious things and by reaching out for this love some have been led astray from the faith and have stabbed themselves all over with many pains.

Quote 0 0
4 justice now

You're very welcome! I'm just glad that I was finally able to assist you in some way.


Quote 0 0
Write a reply...