Real Estate Bank Owned Distressed Properties,
Short Sales and more
Florida Foreclosures
California
Foreclosures
Nevada Foreclosures
New York Foreclosures
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The Democrat majority in
Congress is the most political corrupt group ever voted into office. They're
now working on a plan to buy bad mortgage related debt from financial
institutions, indirectly costing taxpayers about $700 Billion. Vote out the
Democrat majority in November (Pelosi, Reid, Frank, Dodd, Rangel, Schumer and
others.) Vote out any Republicans that vote for their corrupt policies, such
as no drilling. Your vote is the most critical since the great depression.
Democrat Senator Christopher John Dodd, the chairman of
the Senate Committee on Banking, Housing and Urban Affairs Received the Most
Lobbyist Money from Freddie Mac and Fannie Mae. Democrat Senator Barack Hussein Obama was
the second largest beneficiary of what now we know was "slush hush" money.
The legislative branch usurped powers denied to it by the Constitution.
The executive branch conspired with the legislative branch to pull it off.
All presidents, starting with Franklin D. Roosevelt, have perjured
themselves when they swore to uphold the U.S. Constitution, and then turned
around and signed bills into law to keep raising the limit on government
debt payable in irredeemable currency, i.e., monetized government debt. The
judiciary branch of the government, rather than exposing the conspiracy, has
joined it, on the basis of the spurious doctrine that the Constitution “is a
living document” which does not say what it says, but what the judiciary say
it says. In other words, you have to kill the Constitution to make it a
“living” document.
News Source
FINANCIAL
CRISIS NEWS -
Update 9-23-2008 They're now working on a plan to buy bad mortgage
related debt from financial institutions, indirectly costing taxpayers over
$700 Billion.
The original proposal gives the Treasury Secretary total power and no
oversight over the bailout, the government will buy and hold (to maturity)
bad bank assets.
Update 9-21-2008 The federal government is attempting to provide a solution
to the financial crisis. They are the same ones asleep at the wheel while
the massive government sponsored enterprises of Fannie Mae and Freddie Mac
recklessly expanded their lending practices to the point of eventual
failure.
Private investment banks and lending institutions failed along with them.
The American people were assured this would never happen to Fannie Mae and
Freddie Mac. Because of all the bailout activity, the federal government
will be the primary backer for the biggest share of residential mortgages
into the future.
Government Corruption on Wall Street causes a real
estate crisis through Fannie Mae and Freddie Mac. It snowballed into the
rest of the U.S. stock market. 158-year-old Wall Street firm Lehman Brothers
was forced into bankruptcy. Japan's Nomura Holdings paid TWO DOLLARS for the
European and Middle Eastern equities and investment banking operations of
collapsed Lehman Brothers Holdings. Wall Street giant Merrill Lynch bought by Bank
of America. American International Group (AIG) the nation's largest
insurance company lost more than $18 billion in the past nine months and The Fed agreed to
loan them up to $85 Billion and gave the government an 80% stake in the
company and a 11%-plus interest rate on the loan, the taxpayer is getting no
tangible return for a $700 billion "investment", as currently constructed.
Major U.S. investment banks, Goldman Sachs and Morgan Stanley have sought
refuge in the lap of the U.S. Federal Reserve and transformed themselves
into bank holding companies to survive the financial storm.
Government Corruption
Fannie and Freddie Spent $180 Million to
Lobby Their Friends in Congress
Mortgage Fraud
Democrat Charles Rangel, Chairman of the Committee for Writing Tax Policy
Did not Pay Taxes on His Resort Property
Do Democrats Tax The Rich?
WARRIORS NEWS ARCHIVES
Frank and Dodd accused Bush of "racism" unless he approves lowering loan
requirements from minorities with bad credit scores Banking Crisis Sub Prime Loans
9/2007 Archives - U.S. Stock
Market set for a big plunge. Foreign investors hold over
$7 trillion of mostly U.S. Treasuries while the Dollar is at all time low
Predictions and Stock Market Manipulations Stock
Market Since 1994 Gold Prices Manipulated
Current Quotes Stock Market
Research Gold
Prices Silver Spot
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