Selloff - Dow Down 150, Fannie Short Sale Nightmare, Putin Takes Shot At Bernanke, Bush Employees STILL Getting Taxpayer Credit Cards, 93 Days In Jail For A Vegetable Garden, Sunny Sheu Update, China Stocks Are Junk (LINKS)

Links from around the web this morning.

U.S. Stocks In Selloff - Dow Down 150 points

EU calls emergency meeting as crisis stalks Italy

MERS and Fannie Mae Sue Short Sale Seller and Buyer AFTER Transaction Complete

UPDATE - U.S. National Debt Clock

U.S. deficit streak hits record 33rd straight month

The Second Declaration of Independence - Debt Declaration Against Banks

Lagarde (IMF) issues stark warning on US debt default - Fear Mongering

Bachmann’s Aide Hides $10 Million Reagan Secret

Russia's Putin brands Bernanke et al as 'hooligans' for printing money

The Great U.S. Economic Reset - Charles Hugh Smith

China’s U.S. listed stocks are mostly junk - Marketwatch

Double mortgage nightmare: Spanish defaulters lose home and stuck with debt

Geithner says 'hard times to continue for a long while'

Up to 15 years needed to fix Greece: German president

UPDATE - Sunny Sheu's Death -- Ongoing Coverup?

Former Bush federal employees still receiving taxpayer credit cards

The Sovereign Debt Crisis Won't End Until We Have A Global Financial Collapse

FLASHBACK - Bernanke Vote Update: Durbin 'Yes'; McCain 'No'

Newport Beach cops get $5,600 EXTRA to wash their motorcycles

Woman Faces 93 Days In Jail For Planting A Vegetable Garden

How To I.D. Genetically Modified Food at the Supermarket

Obama wants to leave 10,000 troops in Iraq past year's end, officials say

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Comments

[DailyBail]

In Minnesota, little urgency to end shutdown

http://www.kansascity.com/2011/07/09/3003668/in-minnesota-little-urgency-to.html

[DailyBail]

Insurance cheaters call their luxury cars farm vehicles

Improper application of the farm-use discount results in about $150 million of unpaid premiums a year, says an executive at a firm that checks policyholder data for auto insurers.

http://www.latimes.com/business/la-fi-autos-farm-vehicles-20110709,0,5434996.story

[DailyBail]

Kirkland 6-year-old patted down by TSA agents

http://www.king5.com/video/featured-videos/Kirkland-family-says--125274814.html

[chunga]

Regarding the story "MERS and Fannie Mae sue Short Sale Seller and Buyer":

Folks, if you have paid off your mortgage make SURE you have your original "Satisfaction of Mortgage" document!

If you have a mortgage send your alleged lender a Qualified Written Request. There are plenty of them that can be downloaded for free and it's your right pursuant to RESPA to do so. (You'll mostly be told to shove off just the same)

These Wall Street magicians have sold these obligations multiple times! Whether you know it or not the bill will be stuffed to your children and grandchildren via the bailout frenzy.

According to NAR now is the time to BUY!

All you need is:

-Twenty percent down

-Two or three jobs

-Perfect credit to show your lender who is most likely insolvent, the subject of numerous investigations, and involved in thousands of lawsuits

-Add to that the cost of defending yourself in a lawsuit because the instrument backing the purchase has been sold more than once!

Awesome!

[DailyBail]

Great comment chunga...thanks for the mid-day laugh...

[DailyBail]

Geithner: "[For A Lot of People] It's Going to Feel Very Hard, Harder than Anything They've Experienced in Their Lifetime Now, For a Long Time to Come"

http://www.washingtonsblog.com/2011/07/geithner-for-lot-of-people-its-going-to.html

[DailyBail]

Top Retail Analyst: "I Think What’s Going On ... Is That We Are In A Depression For 80 Percent Of Americans"

http://www.washingtonsblog.com/2011/07/top-retail-analyst-i-think-whats-going.html

[john]

Fannie Mae to retroactively charge mortgage servicers for foreclosure delays

http://www.housingwire.com/2011/06/28/fannie-mae-to-retroactively-charge-mortgage-servicers-for-foreclosure-delays?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+housingwire%2FuOVI+%28HousingWire%29