Here's a hint - MERS assigns to Wells Fargo.
Same day, same person, same notary assigns from Wells Fargo to Fannie Mae.
Full explanation inside including evidence of mortgage fraud time travel.
Outstanding segment from 60 Minutes that has not been posted previously.
Transcript is inside.
Stories from around the web.
CNBC's Jim Cramer is a stock-picking buffoon, this is no secret to anyone beyond his call-in sycophants, who willingly scream 'booyah' for any chance to be on-air with their majesty, lord of all stupidity. However, when Cramer gets bearish and tells readers to short financials, as he did today, even going so far as to recommend using the double and triple short financial etfs, well then it's newsworthy, to a certain degree, if only for the uncomprising laughter at the late-to-the-party clown.
Yes, Jim we are laughing at you, not with you.
Video - Obama's Jobs Speech Before Congress - Sep. 8, 2011
Guess what? It's not going to pass, and it wouldn't help, even if it did, despite genuflection from Geithner. Repeat after me - we are in a depression created by easy money and a 30-year debt bubble that grossly distorted housing prices versus median incomes, and until housing falls back to historical norms, and bank and household debt deleveraging run their course (5 more years if we're lucky), the economy will not recover, Keynesian delusionsaries Krugman, Delong, Romer, Reich, Galbraith, Stiglitz, Koo, Bernanke and Obama be damned.
The full speech is inside for anyone who can tolerate it.
Short clip from last week - Runs 2 minutes.
A couple of new stories from the Financial Times this morning based on an interview with JP Morgan CEO Jamie Dimon that are notable for tone and substance, though we've heard these complaints before from Dimon, specifically in his infamous public rebuke of Bernanke caught on tape earlier this Summer:
Excellent short clip.
Given Sir Alan's debt and deficit testimony Tuesday before Congress, we decided to take a short look back at several exchanges between the former Fed Chairman and his dollar-protective nemesis. Within the first 30 seconds of the above clip, the ever-prescient Dr. Paul recommends that Greenspan retire early and escape the coming monetary storm. Greenspan did not heed his advice, at least until 2005, though he did escape before the bubble burst and left the majority of the blame to Bernanke.
We disagree with virtually everything you are about to hear and read, but it's important to know what the neo-con troglodytes are saying.
Sep 13, 2011 at 2:21 AM
