Foreclosures: ‘Worst Three Months of All Time’

October 16th, 2009
Via: [LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link. :

FRAUD
We've gone over this a few times....
Banks & Gov't committing/allowing accounting FRAUD...
and not posting REALITY on their books. They ARE indeed insolvent. Bankrupt.
Bank equity stocks posting record GAINS of 200% - 400% is an absolute fiction....
meant for Katie Couric to chirp about.
It ain't real folks.... most of us know it INSTINCTIVELY.

EXTEND AND PRETEND
This extend and pretend complicit fraud....will EXTEND our recession/depression cycle....
for YEARS, perhaps decades.
Until..... ultimately... the REAL market...will have it's way.
Americans will have to clean up the mess....
paying off the debt as indentured servants, in a bankrupted Country.

A BIG ASSUMPTION
That would assume we would still retain our Sovereignty as a Nation....
though as debt slaves to those holding absolute power over our day to day economic fate.
They would and will hold the "kill switch" (as China does now).

I doubt our Sovereignty.... is what they have in mind.

NOW OR NEVER
We either stop this now,

• bring our troops home, stop HELPING them subdue Sovereign Nations by military force and bribes (I don't care WHAT John Kerry "assures" Pakistan)
  
• and FORCE (I mean FORCE) the government to stop spending and monetizing debt
  
• and let REALITY in the FRONT DOOR.....

or we step into and STAY in a Twilight Zone of bizarre and unimaginable consequences.....
as livestock within a Global ranch....
where the "Cowboys" wear black helmets
and the owners "allow" some to graze (the prime herd),
and MANY to slaughter.... for the "good" of the ranch of course.

Live Free or Die.

__________________
“Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”
►Tea Party Candidates Post 981 ►War Post 991 ►912/GB Post 989 ►Non Intervention FP Post 1433

You think the equity markets, GoldmanSachs "profits"
and FED fronted "fencing operations" pumping and swapping confetti
with each other can counteract this?



A 10,000 DOW or triple digit returns to the Fraud banks BLATANTLY demonstrates
how Government pumped (via the FED fronts) the Equities market
has become. (exactly the same as the Housing market... artificial price fixing)
They think we're idiots.
It no more represents the "health" of the economy,
than your current driving speed can tell you how much fuel is left in your tank.

"I can't run out of gas. LOOK how FAST I'm going!!"

The complete disconnect between the REAL economy
and what they are trying to "sell" us using Wall street is a "parlor trick".....
is SO completely obvious, so vulgar in its audacity,
that it is ALL the proof one needs to support the logical and unavoidable
conclusion:

Our government is conspiring with it's ONLY tool; that of currency creation,
and market pumping, to create an illusion, a lie, a fiction.

Why the fiction? Why not the Truth?
►US
It is VITAL that we participate in this fiction.... all of it.
The consumerism, the debt, the Foreign policy, the fear, the War, the partisan ping-pong....
the taxation all of it..... that's what WE can do to help them....

They just need a little more time.....
of misdirection .... at Reid or Pelosi, the Taliban, Islamo Fascism, Healthcare, the DOW,
the Domestic "threat" level, nuclear Iran... whatever... as long as our eye is OFF the ball....
to completely dilute, plunder and offshore our Treasury and National wealth.

Are you doing your PART?
They MAY not be able to pull this off for much longer without your help.

__________________
“Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”
►Tea Party Candidates Post 981 ►War Post 991 ►912/GB Post 989 ►Non Intervention FP Post 1433

I'm encouraged.
More and more people are seeing how much the Federal gov't; the "general" gov't
has usurped the States power, not to mention OUR power as individuals.

[LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.
If we are EVER going to take back Washington it is vital to know the enemy....
►Do you know your history of this battle?
It goes all the way back to Hamilton and Madison v. Jefferson.

The philosophic battle started BEFORE our Constitution was ever written,
during the DRAFTING of the document, During the Constitutional Convention, from May to September 1787.

(1). Delegates from the colonies were to gather together in Philadelphia for the express purpose
of amending the Articles of Confederation to form a "more perfect union" (NOT a completely different union!)
and were under direct and limited orders from their states
to preserve the federation and State rights.

(2.) Yet, during that private and secret convention,
there were men who proposed that a national system be established
in place of their current federal system, destroying State sovereignty
in direct contradiction to their orders.

The public was not aware of this fact until years after the ratification of the Constitution,
when the notes taken in the convention were printed and released to the public.

(3.) Those delegates who proposed a national system of government
(e.g., Alexander Hamilton, John Dickinson and James Madison) were doing it by "stealth"...
their intentions and philosophies UNKNOWN to those that sent them...
they remained concealed until the convention, lest they completely ruin the ratification process.
They submitted their "proposals" which were REJECTED....
yet these same "proposals" form the basis for what we have today.

(4.) Their most notable proposal reveals the underlying foundation for all national
principles: that is,

that the national government would possess superior sovereignty
to force the states to submit to the laws made by the national government
and to negate any State law it deems repugnant to the articles of union.

Hamilton, and his like, would have loved it had this national principle of supreme sovereignty
been accepted by the other delegates.
Thankfully, it was not accepted.
In fact, as the convention progressed, what became apparent to those
who advocated for this national form of government
was that their ideas would never be accepted and ratified.

(5.) History documents with absolute certainty that a national government
and its assuming principles were rejected,
not only by the framers of the US Constitution,
but also by those who sent delegates to the Federal Convention.

►So, how is it that while the people of the states expressly forbade the
federal government from interfering with the internal affairs of the states
that the federal government can now control nearly every facet of life within the
states and the states supposedly can do absolutely nothing about it?

THE LIVING CONSTITUTION
(1.) Most attorneys who think they know so much about America's history and the US
Constitution would say, "The United States Supreme Court is given the power
to say what the Constitution means.

(2.) Our sad history demonstrates that the "living Constitution" idea was only used
when it promoted a constitutional "construction" that expands and empowers the federal
government and neuters the State governments.

(3.) The "living Constitution" idea
(advanced by the British Parliament) in fact is the very notion that caused
America's War for Independence. (Claude Halstead Van Tyne, The Causes of the
War of Independence, Volume 1, [Boston, MA: Houghton Mifflin Company, 1922],
235, 237)

ABSURD AND PREPOSTEROUS

►If the meaning of the Constitution can change over time,
why did the Constitution's framers spend nearly five months debating
which words should be placed in the Constitution?

►why would the framers
be so emotionally, mentally, intellectually and intensely involved in the
question of what form of government we will have: national or federal?

►How can it be that the judiciary branch of the federal government has the sole and complete power
to say that the states have no power to interpret as they deem constitutional,
when that same power was expressly rejected to the national government during the convention?

THE FEDERALIST PAPERS
(1.) Hamilton and Madison both admit throughout the federalist papers
that the states have complete and absolute sovereignty
regarding the powers retained by them and granted to them by the people of each State,
just as any foreign nation would.

(2.) Both Hamilton and Madison admit that the only check on power
is another independent power and thus,
the only real power that could check federal power
was State power.

(3.) So CLEAR was their understanding, that they even expected
that the states would use their sovereign and independent power, if necessary,
to implement a common defense AGAINST the federal government.
They even refer to the states' right of self-defense in this regard to resist federal tyranny.

BAIT AND SWITCH
(1.) How can the states possess the absolute
sovereign power to check federal tyranny when they are bound to submit to
the federal government's interpretation of the Constitution?
The two positions are necessarily incompatible with each other.

►To say that you have power, so long as I say you have power
is to deny your power altogether.

(2.) Over the years, a political idea contrary to our original federal system
was adopted--not through open discussion and consent, but by fraud and force.

►This position postures that whatever the federal judiciary rules
equates to the "supreme law of the land" and the states must comply.

(3.) What the nationalists were unable to obtain
through honest and open debate during the conventions
they have obtained through the horrific and antithetical twisting
of the "supremacy" clause of the Constitution.

(4.) America has been duped into accepting a national government,
not by interpolation of original intent,
but by deceptive "construction."

(5.) In no place does the Constitution grant to the federal government (or any branch)
superior sovereignty over the states.

(6.) The Constitution requires ALL parties to it (State and federal) to comply with the Constitution.
ALL parties monitor one another to ensure each is complying with the compact.

(7.) All the framers agreed that federal government and federal law
did not equal the "supreme law of the land."

HOW CAN THIS BE?
If our framers, with clear, recorded intent, bequeathed to us a federal system,
whereby the states were co-equal with the federal government in sovereignty and power regarding their powers, then:

►Where comes the notion that we now have a national system,
whereby the states are mere corporate branches of the federal government?

►Where were the constitutional debates on that subject?

►Where was the surrendering of sovereignty by the states,
which can only be done through expressed and voluntary consent?

►Do we just accept the fact that our form of government can change over time
without express and legal action being taken to effect that change?

►How could the founders have suggested that the US Constitution
was a "more perfect union" as a nationalist system, when the nationalist system itself
was the very system they seceded from and rejected?

If We, the people of the States,
do not once again reject this national form of government
and assert and defend the principles of federalism....
then this constitutional "de-construction"
will in fact be Freedom's destruction.

__________________
“Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”
►Tea Party Candidates Post 981 ►War Post 991 ►912/GB Post 989 ►Non Intervention FP Post 1433

This BS REALLY gets my dander up..."The Constitution", the "supreme LAW" is a "contract" FOR REpresentatives to abide by.
It is an "inert document", there-by CANNOT be "living".

Quote:

Most attorneys who think

This is an oxy-moron. NO ONE who "thinks" would even attempt to debate "living" in reference to an INERT object!

__________________
__________________________
No people will tamely surrender their Liberties, nor can any be easily subdued, when knowledge is diffused and Virtue is preserved. On the Contrary, when People are universally ignorant, and debauched in their Manners, they will sink under their own weight without the Aid of foreign Invaders.

Samuel Adams, letter to James Warren, November 4, 1775

No different from the unindicted / uninvestigated insider trading in the days before 9/11.

• No outrage.
• No Congressional investigation.
• No follow-up.

The "peoples" watchdog SEC continues to cover up and wink at insider trading.
Matt Taibbi uncovers the case of those involved in the down fall of Bear Stearns.
Obviously common knowledge on Wall St that the companies involved were

• Goldman Sachs
• Morgan Stanley
• JP Morgan Chase.

[LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.

Cronyism, Crime, Corruption with each successive Administration colluding with and covering up for the previous.

--------------------------------------------------


Goldman Exec Named First COO of SEC Enforcement

October 17th, 2009
Via: [LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link. :

I feel safer just KNOWING people like this are being hired.
How bout you?

__________________
“Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”
►Tea Party Candidates Post 981 ►War Post 991 ►912/GB Post 989 ►Non Intervention FP Post 1433

Enjoy some Dylan Ratigan with your coffee this morning.
(I keep wondering how long he will last at MSNBC)

[LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.


[LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.


[LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.


[LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.

__________________
“Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”
►Tea Party Candidates Post 981 ►War Post 991 ►912/GB Post 989 ►Non Intervention FP Post 1433

Peter on Freedom Watch this week.

[LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.

__________________
“Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”
►Tea Party Candidates Post 981 ►War Post 991 ►912/GB Post 989 ►Non Intervention FP Post 1433

Celente comments on the $250 Senior pre-election bribe:

[LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.

Celente on Goldseek.com

Part 1

[LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.


Part 2

[LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.


Part 3

[LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.

__________________
“Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”
►Tea Party Candidates Post 981 ►War Post 991 ►912/GB Post 989 ►Non Intervention FP Post 1433

You know..... it's really pretty simple.
If you want to know where the CORE is....
where the corruption, the bribes, and the plunder focus...
like "flies" constantly circling a carcass... then simply

Look at what BOTH parties agree on.
What they BOTH are lobbied to protect.
What they BOTH are "silent" or seemingly "impotent" on.
What they BOTH consider too big to fail.
and what the FED subsidizes with vast printed sums.
Follow the money.

(1.) The Bankers.
(2.) The Wars.
(3.) Homeland Security (our incarceration)

►Just take a look inside just [LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link. of awarded Defense contracts.
Eisenhower warned us, didn't he?

-----------------------------------------------------------------

Here is Part 1 of the new PBS Frontline series:
[LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.


Cheers,
G.

__________________
“Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”
►Tea Party Candidates Post 981 ►War Post 991 ►912/GB Post 989 ►Non Intervention FP Post 1433

Foreclosures are Down!
Don't bother celebrating.

Real Estate Collapse Entering New Phase:

Banks Refusing to Repossess Abandoned Homes, or Even File Foreclosures

No bids.
The accumulation of property taxes means that some properties
have negative valuations, like a derivative trade that’s gone bad.

October 19th, 2009
Via: [LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link. :

A researcher with Policy Matters Ohio, summarized the way they occur like this:

• The lender files a foreclosure, gets the foreclosure judgment in court, takes the property to sheriff’s auction but doesn’t bid on it if no one else does.
• The lender files as above, gets the judgment, sets the sheriff’s auction, then cancels the sale at the last minute.
• The lender files as above but then never requests a sheriff’s auction.
• The lender doesn’t even bother to file foreclosure.

All of these actions leave the foreclosed property in the hands of the original owner who,
in many cases, has moved out and is unaware the lender hasn’t taken it.

►The cost to the bank for taking responsibility for those properties is going to far outstrip anything
they could hope to get out of selling the homes.

The sheriff’s sale cancellations in those neighborhoods are unlikely
to be a result of mortgage negotiations between the owner and lender.

“It’s going to be the fact that the bank didn’t want the property any more.”

In some instances, lenders don’t even bother to file a foreclosure.
Figures by RealtyTrac released this week show foreclosure filings in the greater Dayton area
are down almost 21 percent.

►For every 100 houses that the city orders boarded up, he said, 40 to 50 have a mortgage but no foreclosure filed.
When he contacts the banks, they sometimes tell him they have no plans to foreclose.
(Cities with dwindling revenues are taking responsibility.... how long till THEY can't or won't keep up? )

“That makes it look like the foreclosure numbers are going down, but in actuality the banks are not even starting foreclosure,”
“So there’s no number to track now.”

-----------------------------------------------

no numbers....
as we talked about.... that's the point.
Banks don't WANT the numbers on their BOOKS..... Gov't doesn't want TRUE numbers EITHER.
This is EPIC FAILURE folks....
AND it's more than just housing....
our entire economic system is NO LONGER BASED on the pillars of capitalism.

Banks are SO FAR DOWN THE PATH to insolvency..... that they MUST keep the STIMULUS money in their reserves.
They aren't lending to "restart" our economy.
They are SPECULATING with it.... acting more like a hedge fund than a bank.
Because they have the safety net of being "too big to fail"... they have the added assurance that they "can't lose".

The FED is printing it, loaning it (at ZERO) to keep them propped up,
they then are buying treasuries with it (loaning it BACK to us).... it has become a CARRY TRADE.
►Investment into businesses (employment) is COMPLETELY left out of the loop.
They can't lose (until we have utter collapse... coming soon) AND WE CAN'T WIN.

This is systemic failure folks.
Why? and How?
Government intervention.
Government intervention.
Government intervention.

Whether it's in the MARKETS or in FOREIGN AFFAIRS...
the founders WARNED US!

Do YOU get it?
Do YOU understand the Founder's wisdom?
I hope so.

By the way.....
►Did you know there's going to be an organized PROTEST in Chicago at the end of the month?
An economic POLICY protest?
Not by teenagers with cardboard signs. Oh no.
by ECONOMISTS and the TRADING community.... a white collar protest. Whoa.
They SEE this epic fail coming fast.

Read it [LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link. or [LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link. .

And finally....
(keeping NOTHING from you... no HIDING truth to insulate your cognizance)
this thread is named "An American Coup".... this unfolding collapse has architecture; structure...
and has from the very beginning.... the dismantling of our Country and Economy has a point; a purpose.
You; your family; your children... do NOT matter to these people.
NEITHER do your sons and daughters fighting the "Wars".
They are actively baiting and intimidating yet another Sovereign nation into fighting one.

GET PISSED!
(and stop supporting them).

Cheers.
G.

__________________
“Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”
►Tea Party Candidates Post 981 ►War Post 991 ►912/GB Post 989 ►Non Intervention FP Post 1433