Entries by DailyBail (6219)
Feb 22, 2011 at 11:25 PM
Florida's Curse Of Negative Equity: 43% Of Mortgages Underwater, 11% Of Homes In Foreclosure
CNN Video - Retired judges in Florida run a temporary foreclosure court, a rocket docket. Bubble states are in a standstill. More inside.
Matt Taibbi's Latest For Rolling Stone: Florida's Foreclosure Rocket Docket Expedites MASSIVE Bank Fraud
Illustration by Victor Juhasz
Originally published in November of 2010.
By Matt Taibbi
Excerpt
The foreclosure lawyers down in Jacksonville had warned me, but I was skeptical. They told me the state of Florida had created a special super-high-speed housing court with a specific mandate to rubber-stamp the legally dicey foreclosures by corporate mortgage pushers like Deutsche Bank and JP Morgan Chase. This "rocket docket," as it is called in town, is presided over by retired judges who seem to have no clue about the insanely complex financial instruments they are ruling on — securitized mortgages and labyrinthine derivative deals of a type that didn't even exist when most of them were active members of the bench.
Their stated mission isn't to decide right and wrong, but to clear cases and blast human beings out of their homes with ultimate velocity.
Gaddafi: "I Am Still In Libya; I Will Stay To Fight The Dogs"
Video - Libyan leader Muammar Gaddafi makes a brief statement on Libyan State TV, announcing he will "stay to fight the dogs."
WARNING - GRAPHIC VIDEO - Protestor is shot in the head by Libyan police.
"People Say You're On A Witch Hunt Congressman, I Say More Power To You": Countrywide VIP Subpoenas
Where are the Wall Street handcuffs.
Video - Ratigan with Darrell Issa, Chairman of House Oversight, discussing his first committee subpoena: Countrywide's VIP loan program for friends of CEO Angelo Mozilo - Feb. 17, 2011
Full story from the Washington Post inside. According to Issa, besides Senators Chris Dodd, Kent Conrad and likely others still unnamed, more than 150 fannie, freddie employees got sweetheart loans.
Iceland President Blocks $5 Billion Icesave Bailout: "The People Should Decide"
Photo - Hundreds of people gather to submit a petition outside the home of Iceland's President Olafur Ragnar Grimsson in Reykjavik.
The Humor Of President Kennedy - His Final Speech Nov. 21, 1963 (JFK Video Collection)
JFK's final speech...
---
The JFK Show...this is by far the best clip for pure comedy...a compilation video of his funniest one-liners from various speeches and press conferences.
Farmageddon: The Unseen War On American Family Farms
Documentary film trailer - Get more detail at the...
---
While Food Inspection Suffers, USDA Awards $60 Million For Study Of Climate Change On Farmers
The Federal government will borrow 45 cents of every dollar it spends this year. This story is another example of the obvious frugality that accompanies each and every important budgeting decision reached in Washington. They steal trillions from future generations, and think nothing of spending their stolen loot on pet research projects with the appropriate political backing.
Thou shalt not fight the ethanol lobby.
