Archive for January, 2012

As reported by Reuters on 01-23-12,

According to past reports of the settlement talks, the banks — Bank of America (BAC.N), Wells Fargo & Co (WFC.N), JPMorgan Chase & Co (JPM.N), Citigroup (C.N) and Ally Financial Inc (GKM.N) — would provide $20 billion to $25 billion of relief to homeowners in exchange for being allowed to put behind them potential government lawsuits about improper foreclosures and abuses in originating and servicing mortgage loans.

The Federal Government, in typical corrupt fashion, refuses to prosecute major players in the U.S. mortgage meltdown and instead decided to take their cut in the deal by handing out wrist slaps and fines.

“Instead of criminal prosecutions, we are talking about not much more than a slap on the wrist,” Senator Sherrod Brown of Ohio said. “In many ways, Wall Street isn’t just too big to fail, it’s also too big to jail.”

Of course, this favorable Federal Government action has prompted other mortgage fraudsters to come out to accept the deal.

In another sign negotiators were close to a deal, three regional banks signaled they had begun talks to also enter the settlement.

Two of the regional banks, PNC (PNC.N) and US Bancorp (USB.N), reported a total of $370 million in mortgage-related expenses, and a third, SunTrust (STI.N), said the discussions were at a preliminary stage and it could not yet estimate any financial impact.

All of this brings me the point I’d like to make regarding the system put in place by our Federal Government bureaucrats to plunder tax dollars in the name of justice. Unfortunately, it’s not criminal justice.

————————————————

Ok, my house is worth less that what I paid for it. Underwater, if you will. Will my county government reduce the assessment value to show the true value of the home, therefore reducing my property taxes to a representative amount of the house’s worth? No. Is this my fault? No. Is the deflated worth of my house a result of the mortgage-related fraud designed by corporate-sponsored legislative action? Yes. Is the government primarily responsible for the mortgage meltdown? Yes. Will individual politicians or bureaucrats within our Federal Government ever be criminally charged for the U.S. mortgage meltdown? No. Will any major banking, finance, or mortgage-related “for profit” entity ever be held criminally liable for the mortgage meltdown? No.

Every bit player in this mortgage fraud has the ability to lay blame with government because there is very little, if any, personal responsibility taken for any fraud, corruption, or incompetence within the U.S. Federal Government. When laws are corporate-sponsored and elected officials are corporate sponsored, do you expect the Federal Government to pursue criminal charges against those “for-profit” corporations running our Federal Government? No.
Read the rest of this entry

The attack reporting that AP initited immediately prior to the polls opening in the South Carolina Primary election Saturday morning is exactly why the media cannot be trusted to tell the truth. It also shows their extreme bias towards a non-establishment candidate. That”s another reason voters should seriously consider voting for Dr. Ron Paul. He’s against everything wrong with America and the elite media is wrong for America also.

I wouldn’t have even bothered writing this, but the blantant misrepresentation of Ron Paul, today, by the elistist media pushed me to speak my peace. Here’s the big headline that AP has sent to all it’s member affiliates to run.

“RON PAUL LOOKS PAST SOUTH CAROLINA”

Say what? Apparently since Ron Paul went back to Congress to do his job and vote on serious legislation, he dismisses South Carolina voters?

First, he cast a vote against the “for profit” corporation-authored bill SOPA/PIPA, that would have the Federal Government provide and pay for the police enforcement on behalf of “for-profit corporations. It’s called growing government and I can’t imagine any voter being opposed to that.

Second, he introduced legislation to strip the “indefinite detention of American citizens” out of the NDAA bill. I can’t imagine any voter being oppsed to that.

If Ron Paul wasn’t active in the state, why did he manage to make four stop in four separate cities on Friday, including my city of Greenville, SC. See here! Thanks for caring about the folks here in SC Dr. Paul.

If you don’t believe the media running this story before the vote wasn’t intended to upset SC primary voters, why is this story running on nearly every AP affiliated site on the Internet this morning.  I stopped counting after (30). Just go to Google News and type in “Ron Paul Looks Past SC”. Don’t buy the propaganda and go support Ron Paul.

 

 

 

 

 

 

 

 

"Big Stick" Rick Wants An ISP Beat-down

As a resident of Upstate South Carolina, being from Charleston, I took personal offense to Obama’s big government thugs putting the beat-down on South Carolinians and Boeing. If you liked this kind overreaching government action, then you should love Rick Santorum.

This new overreach from the SOPA legislation, sponsored by Congressman Lamar Smith, hit a big nerve that should really bother Americans. Most people seem to overlook this crucial fact:

THE TAXPAYERS ARE NOT RESPONSIBLE FOR THE EFFORT OR COST OF BECOMING THE POLICE FORCE OF “CORPORATE AMERICA”.

That’s exactly one of the major problems in America. Our country is run by and on behalf of Corporations. And yes, America is an Oligarchy.

Rick Santorum, in the following video, displays the biggest reason he not qualified to even politically represent any constituent. “Big Stick” Rick approves the government beat-down on ISP’s if the entertainment industry insists. You and I get to pick up the tab. I guess Mr. “Big Stick” Rick could join in on the beat-downs.

Bottom-line: If the entertainment industry wants to prevent or prosecute piracy, that’s fine. There are many legal remedies to address that issue, so they should seek them. Just keep your hands out of my pocket and finance your own folly. “Big Stick Rick thinks American Taxpayers should foot the bill.

There is plenty of research material available on Mitt Romney regarding his political positions. Some of the GOP Presidential nominees, political pundits, and the GOP establishment decry the use of this research if it comes from objectionable sources. That’s a straw man argument originated to squelch any criticism based on DNC’s or Democrat political groups’ findings. I’ve heard Newt Gingrich try to use the same argument against Ron Paul and accused him of being associated with George Soros. Newsflash -Ron Paul is not a Soros tool and some of the most damning research on politicians is conducted by their opposition. So, according to the establishment, any damning factual evidence that’s non-GOP based and used against a GOP presidential candidate is totally false and irrelevant. Besides that, it gets you labeled an enemy of the GOP. That argument doesn’t hold up to scrutiny and any of the Presidential candidates that demonize presenters of negative truths are afraid to run on their record.

Below are four opposition papers, including McCain’s 200-page research paper, on Mitt Romney, from a variety of sources. As is the case with any research, always scrutinize for accuracy. The bottom-line here is that there should be no bounds in researching a political candidate as long as the research revealed is based on facts. Sorry Mitt.

The Romney Book

RomneyDeception

FINAL-Romney-White-Paper

DNC 2007 Romney report

Americans don’t heed warnings of a failing America because political leaders in America don’t lead, much less tell the truth or represent constituents. I want someone who knows history, the constitution, and true economics. Oh, and someone who is not afraid to tell it like it is. This is exactly what Congressman Ron Paul did ten years ago on the House floor. It’s ashamed that so many people demonize those who warn against failed government’s endless spending and freedom-killing legislation. Enjoy the video of Ron Paul’s predictions 10 years, that have all come to fruition.

Rather than duplicating the research well carried out by concerned Americans, I found a kind of “best of the dirt on Rick Santorum” from Nolan Chart. They deserve kudos for their thorough vetting of this big government, Washington-insider, influence-peddling, legislate-your-bedroom”, Tea Party-bashing candidate. I will highlight Nolan Chart’s main points here, but encourage you to read the entire article and then go verify for yourself.

The Real Dirt on Slick Rick Santorum

  • lawyer-turned-politician-turned-lobbyist
  • involved in a scandal later known as the “K Street Project”.  Lobbying firms were pressured to hire high ranking Republican lawmakers and to grant GOP lobbyists with access to influential decision makers.  Led by Congressman Tom Delay, now a convicted felon, the Project had associations with lobbyists including Jack Abramoff.  Santorum played the role of Senate liaison to the K Street Project.
  • voted to spend taxpayer money to help underprivileged children in third world countries, to pay off debts owed to the US by other nations and to combat political instability in Sudan.  He voted to increase welfare programs such as Healthy Start.
  •  a Santorum-created charitable foundation, Operation Good Neighbor Foundation, had actually raised over a million dollars while half million dollars was paid out to as salaries and consulting fees to lobbyists and fundraisers connected to Santorum’s campaign.  Only 36% of the money raised by the foundation actually made it to those it was designed to help.
  • political action committee formed by Santorum.  It was supposed to be raising money to help fellow Republican candidates.  However, only 18% of the funds went to those candidates.  Much of the remaining money was used to enhance Santorum’s lifestyle.
  • voted five times to raise the debt ceiling
  • strongly supported the large hike in welfare entitlement spending with Medicaid Part D.
  • retail giant Wal-Mart lined Santorum’s pockets with campaign cash, in return, Wal-Mart received votes in-kind from Santorum on issues relating to overtime, minimum wages, tort reform, charitable giving credits, etc.
  • strongly supported legislation that doubled the size of the Dept. of Education including the introduction of Ted Kennedy’s infamous “No Child Left Behind”.
  • in 2002, Santorum wrote in a Washington Times article, “intelligent design is a legitimate scientific theory that should be taught in science classes.”  However, in 2005 Santorum said on National Public Radio, “I’m not comfortable with intelligent design being taught in the science classroom.”
  • Santorum is on record many times explaining that what happens in an individual’s bedroom is the business of the entire community and that private, consensual sex should be a matter of government regulation. His position is that no such right exists under the Constitution.   He said, “…this right to privacy doesn’t exist in my opinion in the United States Constitution.”
  • supports the prohibition of contraception
  • strong supporter of the neoconservative “War on Terror.”  He proposed sanctions for Syria.  In 2005, Santorum sponsored a bill aimed at overthrowing the government of Iran, called the Iran Freedom and Support Act
  • announced that weapons of mass destruction had been found in Iraq
  • a quarter of a million dollars in money was  raised for him by the executives of Outback Steakhouse.  Oddly enough, Santorum strongly agreed with Outback execs that the federal minimum wage should not be increased.  The Senator returned home on a Wal-Mart corporate jet.
  • endorse his liberal Republican colleague, Arlen Specter, over social and fiscal conservative Congressman Pat Toomey in a senate race
  • joined a Washington DC “think tank”, earning a quarter of a million dollars

One has to question whether Santorum was ever a serious candidate? I contend he’s playing guard for Team RNC to block for Romney until we get to the winner-take-all primary states. I don’t think this guy can make it past SC. It all depends how many fall for his misleading rhetoric.