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« Banking Scandal Lurking For Obama In 2011? Broadway Bank, Alexi Giannoulias & Friends In High Places | Main | The Federal Reserve Vs. Bristol Palin »
Tuesday
Nov232010

Alan Grayson: "Banks Are Foreclosure Fraud Factories"

Video - Alan Grayson on the foreclosure fraud games that banks play...

This clip was recorded about 6 weeks ago, and was circulated widely at the time, though it has never been posted here.  He presents a compelling case.

Of course, anytime we discuss Grayson, we must mention this video, our most popular and in many ways the most important video we've ever posted. 

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Reader Comments (11)

WASHINGTON—A state-owned telecommunications company in China diverted massive amounts of sensitive United States government e-mail traffic in April. With that data, state actors could obtain important information and learn better ways of “social engineering” fake, virus-laden e-mails to further infiltrate U.S. government computer networks, according to a recent press briefing by the United States-China Economic and Security Review Commission (USCC).

http://www.theepochtimes.com/n2/content/view/46084/

let's hope that our national defense team of hackers is doing the same to china...
Nov 18, 2010 at 3:18 AM | Registered CommenterDailyBail
I disagree with Grayson on some issues (he is, after all, a Dem and I am a libertarian), and his enemies often cite as unclean hands, his pre-Congress background of suing the government (and profiting greatly); however, when it comes to the Fed, the bailouts, the banksters, etc., he is usually dead on, as he is in this video. Due process of law has gone out the window and stealing runs rampant. These banks and their forclosure mill agents do not have standing in these cases and until they can affirmatively prove, without fraudulent documents, that standing is met, ALL these cases must be dismissed...

This is only the messy beginning...and it will get worse...
Nov 18, 2010 at 2:09 PM | Unregistered Commenterjosie
i agree with you essentially word for word josie.....well said...
Nov 18, 2010 at 2:45 PM | Registered CommenterDailyBail
So what are we and what are they doing about it. It is one thing to point out that there is rampant fraud going on and it is quite something else to take action to stop it.
Nov 18, 2010 at 8:04 PM | Unregistered CommenterRichard Wismeunn
So what are we and what are they doing about it. It is one thing to point out that there is rampant fraud going on and it is quite something else to take action to stop it.

Its a little to late, and printed money short, at this point. I've said it many times, and most will burn me at the stake for it, but its to late to change much.

Were now on the Out Side, Lokkin In.................! All we can do is take the few Scraps they throw to us. Lets face it, they have painted us into that corner, with no way out.

"BUT" Dont give up hope. Its not over, till they put everyone of us down. We still have Gompers-&-Jake, pullin for us here...................! But think about it.................take yr gun and go to washington, who ya gona Shoot-At......? Nobody.

With everything "Imploading" on them, they should start killing one an other, when the money runs out were giving them each April 15th........the sooner we Quit, the better.....!
Nov 18, 2010 at 10:08 PM | Unregistered CommenterTexas Dar
@richard...

help create awareness...that is the key...
Nov 19, 2010 at 1:02 AM | Registered CommenterDailyBail
help create awareness...that is the key... @ DB

Yes DB, We must do that in a Very Big Way. BUT, with 80% awaerness, could the People ban togeather and start impeachment, starting with our own people we sent to Washington.

They either Fire the big shots, the Rinos, bankers, or be kicked out of office. Then we go to the Rinos. We put them there, we should with 80% be able to do something. If not, we wont be needing that Awhereness.

Were all Pissed, and know whats wrong. But can we do anything about it. Im just little ol nobody at the bottom. Dont know shit about how it realy works at the top. Do we the people evan have a voice in what happens next................?

Obama has said he is more than willing to work with all the new people we just sent to Washington, if they do as he says. That means Not-a-Thing is going to change.

That should for the first time in histroy, get us the 80% awhereness we need to start the pross, right.? Its to late for Supper Man, Bat Man & Robbin, & Wonder Woman..?

Just a thought, what would we do with all them "SOB's" after we kicked them all out.....!
Nov 19, 2010 at 3:10 PM | Unregistered CommenterTexas Dar
Request for Congressional Foreclosure Panel to Examine Foreclosure Lawyers
http://www.change.org/petitions/view/request_for_congressional_foreclosure_panel_to_examine_foreclosure_lawyers#

"Although increasing numbers of courts are continuing to reject improper and fraudulent foreclosures, the Congressional Foreclosure Panel examination of mortgage services and foreclosure practices did not include foreclosure lawyers.

Lawyers are officers of the court; knowledge of applicable laws and civil procedure is not required from mortgage lenders. In states that require judicial foreclosures, lawyers are the ones who file lawsuits to seize and sell property; and lawyers are responsible for filing and recording foreclosure property deeds.

An investigation could prove helpful to sorting out whether improper and illegal foreclosure proceedings are linked to any self-dealing conduct disadvantaging lenders, investors, homeowners, and city governments. . .”

SIGN PETITION:
http://www.change.org/petitions/view/request_for_congressional_foreclosure_panel_to_examine_foreclosure_lawyers#
Nov 29, 2010 at 7:57 PM | Unregistered CommenterBarbara Ann Jackson
Vote Grayson. NOT A MEWLER. HEY GRAYSON, HELP US GET SOMETHING GOING TO INSPECT THE DEEPWATER HORIZON SITE AND 10 MILES" CIRCUMFERENCE QUICK!! PLEASE!!
Dec 19, 2010 at 4:09 PM | Unregistered CommenterHoward T. Lewis III
Vote Grayson. NOT A MEWLER. HEY HON. REP. GRAYSON. HELP US GET SOMETHING GOING TO INSPECT THE DEEPWATER HORIZON BLOW-OUT SITE AND 10 MILE RADIUS WITH OUT BEING MOLESTED BY BP AND PRES. OBAMA"S BP CONTROL. See BKLim and Dr. T. Termotto. at Flrida Oil Spill Law and Phoenix Rising From the Gulf. Thank you. Howard T. Lewis III
Dec 19, 2010 at 4:18 PM | Unregistered CommenterHoward T. Lewis III
INSPECT THE DEEPWATER HORIZON BLOW-OUT SITE AND 10 MILE RADIUS

Yes, there is still 80% of all the oil just laying on the bottom today. The real damage is just begining to show up.
Dec 19, 2010 at 5:44 PM | Unregistered CommenterTexas Dar

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