Big Banks To Pay $8.5 Billion To Settle Foreclosure Fraud

Happy Hawaiian Holidays from Dear Leader.

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Comments

[DailyBail]

North Korea's New Master Plan

http://www.testosteronepit.com/home/2013/1/4/north-koreas-new-master-plan.html

[SKINFLINT]

Here is some stuff. It would be ironic if you had to force, at the point of a gun, a bank to take your money. Just kidding there people. http://cnsnews.com/blog/gregory-gwyn-williams-jr/bank-america-freezes-gun-manufacturers-account-company-owner-claims

[LadyLiberty]

Skinflint that was confirmed

OUTRAGE! BofA Freezes Licensed Gun Manufacturer’s Deposits “We Believe You Should Not Be Selling Guns On The Internet” Update: ASA’s Owner Confirms

http://www.ironicsurrealism.com/2013/01/04/outrage-bank-of-america-holds-licensed-american-gun-manufacturers-deposits-we-believe-you-should-not-be-selling-guns-on-the-internet/

25% Of New York Newspaper’s Gun Map Is Not Accurate, County Clerk Pleaded With Editorial Board Who Published It Anyway Despite Knowing Data Was Incorrect…

http://weaselzippers.us/2013/01/07/25-of-new-york-newspapers-gun-map-is-not-accurate-county-clerk-pleaded-with-editorial-board-who-published-it-anyway-despite-knowing-data-was-incorrect/

More on the Monopoly Money Coin

John Boehner Not Entirely Convinced by "Platinum $ Trillion Dollar Coin" Solution

http://www.slate.com/blogs/weigel/2013/01/04/john_boehner_not_entirely_convinced_by_platinum_coin_solution.html

Constitutional Or Not, Better Poll That $1 Trillion Coin

http://www.forbes.com/sites/jamespoulos/2013/01/04/constitutional-or-not-better-poll-that-1-trillion-coin/


GOP lawmaker proposes ban on trillion dollar coin

http://www.cbsnews.com/8301-34222_162-57562559-10391739/gop-lawmaker-proposes-ban-on-trillion-dollar-coin/

Moonbat Actor Danny Glover And MoveOn Petition Obama To to Nominate Paul Krugman For Treasury Secretary…

http://weaselzippers.us/2013/01/06/moonbat-actor-danny-glover-and-moveon-petition-obama-to-to-nominate-paul-krugman-for-treasury-secretary/

Krugman: Let's Just Print Funny Money

http://www.economicpolicyjournal.com/2013/01/krugman-lets-just-print-funny-money.html

[john]

Christ almighty DB... and I thought today was bad enough with the sellout bank settlements. The IOLTA scam (LA times article linked above) just added fuel to the fire in my book. WTF is it going to take...

"In Occupy Wall Street terms, IOLTA operates for the benefit of the 1%, not the 99%.

Individual clients may collect nothing, but the aggregate amount of IOLTA interest reached a staggering $263 million nationwide during the peak pre-recession year of 2008. And that meant a lot of unsuspecting clients funding things they may or may not have believed in because not all of the money goes to helping indigent people fight eviction or get restraining orders against abusive boyfriends.

Listed among the 100 or so beneficiaries of the California State Bar's IOLTA largesse are the California Women's Law Center, which takes credit for having "helped defeat" two recent ballot measures, Propositions 73 and 85, that would have required parental notification before teen abortions; the National Immigration Law Center, which promotes amnesty and the Dream Act for illegal immigrants; and the Center for Human Rights and Constitutional Law, which has filed a class-action suit on behalf of a lesbian couple challenging the constitutionality of the federal Defense of Marriage Act.

Even the bread-and-butter legal aid offices that California's IOLTA program supports have wandered into areas far afield from providing no-cost lawyering to the destitute. The Legal Aid Foundation Los Angeles, for example, represented a coalition that included Physicians for Social Responsibility Los Angeles in a recently settled lawsuit challenging the construction of an NFL stadium downtown. Why physicians need free attorneys is beyond me."

[SKINFLINT]

When you are tired of gnashing your teeth, you can watch this. AJ lays into Mr. Morgan with not so much as a by your leave. Morgan clearly does not like this at all. Great stuff. http://www.youtube.com/watch?v=Tf-i3Y5iRYo There are two parts to this. This is part two. You could probably watch either one. What fun.

[SKINFLINT]

This is just nuts.http://www.bloomberg.com/news/2013-01-08/u-s-set-for-biggest-state-local-jobs-boost-since-2007.html And here at home. http://www.carrollcountytimes.com/news/local/school-superintendent-to-release-preliminary-fiscal-year-budget-wednesday/article_dc00b513-979a-58cc-8c27-153edae37275.html I guess if Bloomberg prints news, it's factually true.

[Josie]

From the you can't make this sh!t up file:

http://finance.yahoo.com/news/aig-may-join-bailout-suit-131741407.html

[S. Gompers]

I bet they are glad to have it behind them, now off to the next scheme and chalk this payout up to just being part of the cost of doing business.

[SKINFLINT]

This is a good explanation.http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=9471

[DailyBail]

John -- I share your outrage on the IOLTA story.

Josie - The AIG story is madness. If the board goes ahead and joins Greenberg's suit, we will see pitchforks. What is interesting about that story is AIG is saying what we've been saying for 4 years - "the Fed ripped us off by paying our counterparties 100 cents on the dollar."

[LadyLiberty]

Skinflint just another reason to despise obama and BOA

Flashback: Obama To Seek Support For Gun Control From Big Business...

http://www.washingtonpost.com/politics/white-house-weighs-broad-gun-control-agenda-in-wake-of-newtown-shootings/2013/01/05/d281efe0-5682-11e2-bf3e-76c0a789346f_print.html

Jack Lew MUST NOT Be Treasury Secretary


Bet you didn't know what's hidden in The Gun Control Act of 1968.

The Treasury Secretary is vested with the right to ban importation of any firearm he finds "does not have a sporting purpose."

more

http://market-ticker.org/akcs-www?post=215794

Ungrateful pigs

Saved by taxpayers, AIG mulls suing taxpayers over bailout..

http://dealbook.nytimes.com/2013/01/07/rescued-by-a-bailout-a-i-g-may-sue-its-savior/?partner=MYWAY&ei=5065

$8.5 Billion Foreclosure Fraud Settlement: Yet Another Loss for Homeowners Touted as a Victory

Read more at http://www.nakedcapitalism.com/2013/01/8-5-billion-foreclosure-fraud-settlement-yet-another-loss-for-homeowners-touted-as-a-victory.html#sb3E7epfJRkSiwYs.99

[Josie]

@DB

"Madness!" ...straight from the River Kwai...

And please, somebody feel free to chime in to explain how AIG "paid us back," as they claim in their commercials...

[Texas Dar]

john-SF, and the Bailers. This is just more proof the Police State is here and doing well. MG, were gona see the fall in our life time.......its got to be right around the corner.Im sure God is amused, but not happy. Them Dumb Fuckers went and did it again. 6th time the empire destroyed its self, and they had "Bama-Phones"....to..? How many times do they need to fuck them others to get ahead. They only Fuck Them Self's, in the end and it all comes falling down......Im just glad we will get to see how it ends. My bet is on God, waitting till the very end. Just to see how many fuckking 1%'rs got any of the fuckking Pie. I bet the people won, with Not a Fuckking Thing Left, to Surive On, so they too died..........im going to bed..!