The Daily Bail

@DailyBail

Okay, much better posts. Please keep your blog moving in this "useful" direction.

Good old southern California. Where the whole bubble started in Orange county or Irvine. The crooks that started New Century mortgage, then World Savings, and of course Mozilo of the criminal organization of Countryfucked.

@ Sell Short

I have some orange jumpsuits with Angelo Mozilo, Herb and Marion Sandler, and Brad Morrice's names on them. These, or a date with the guillotine.

A buddy of mine worked as a loan officer at New Century and is still in denial they wrote bad loans. He insisted he and his coworkers only originated good sub-prime, Alt-A and Option ARM loans, even after the bankruptcy. He was equally in denial when I told him to dust of his résumé "just in case". LOL. F***ing delusional. A family member shorted NEWC into the ground while at two different hedge funds in both Chicago and San Fran. He repeatedly told me everyone new their clothes were shit-stained. I laughed and piped back - NEWC and anyone else stupid enough to approve a $500K Ninja loan (No Income/No Job/No Assets) to a homeless crack addict deserved to go bankrupt, which meant just about everyone. Even if they could sell off most of the toxic MBS to some sucker Pension fund in Finland, whatever toxic shit remained on their books would still kill them. Turns out the taxpayer was the greater fool will be eating mouthfuls of shit indefinitely.

@ spideydouble ,

Very smart to have shorted New Century. Those loan brokers that worked for New Century are bunch of idiots and they should all be investigated for originating fraudulant loans, creating fraudulant loan documents. I know many many loan brokers that this was their entire business. To create phony pay stubs, bank statements, ect.. however, like you said some of these banks didnt even care for any documentation. Amazing times we have gone through...

My Fellow Americans

Do you get it now or not?

We the working class (So called Middle Class) Have been scammed by biggest MORTGAGE PONZI SCAM by Federal Reserve Banker Thugs /Walls Street Shills

Also Corporate Crooks have looted our Pensions with Zero Cost Back Dated stock option crimes and shipped our Industrial base & Jobs to Asia.

Federal Reserve Banker Thugs/Wall Street Shills/Corprate Crooks = HOME GROWN FINANCIAL AL QAEDA

Washington= DEMON_RATS & REPO-CONS =Politicians in Washington DC have worked for the HOME GROWN FINANCIAL AL QAEDA .

or this way to understand:

The Washington Criminal Blood Sucking Pests (SENATE & CONGRESS)+PRESIDENTS starting with BILL CLINTON/BUSHES/Now CHICAGO MOB SHILL(OBAMA) have sided with the HOME GROWN FINANCIAL AL QAEDA

My fellow Americans: remember it is our Blood Sweat TAX Dollar Credit card the HOME GROWN FINANCIAL AL Qaeda is using at Zero Percent Interest Rate handed by WASHINGTON CRIMINAL SENATORS * CONGRESS*

And do ya get it now or not?

It is our TAx Blood Sweat dollars and we are being banged and scammed by same criminal crooks with higher Credit card/ fees and Interest rates and thrown out of homes.

And no Criminal got punished but got rewarded by OBAMA(CHICAGO MOB SHILL) + DEMON RATS/REPO-CONS


BIGGEST PONZI SCAM CRIME EVER IN HUMAN HISTORY AND WE USA BAMBOOZLED FUCKS DON't GET IT?

My Fellow Americans;

WASHINGTON CRIMINAL CROOKS ARE CRIMINAL RULERS AND NOT OUR REPRESENTATIVES ANY MORE......................

HARSH REALITY: We are now broke and reeling under debt and are perma working slaves of this HOME GROWN FINANCIAL AL QAEDA

Now we must decide:

Do we want to be Working slaves of this Home Grown Financial Al Qaeda who busted and is rewarded for the crimes?

or

We must revolt now to free our selves from this enforced DEBT Slavery on us by these Criminals?

My Fellow Americans:

I give you my conviction, we must revolt and I provide you all with a NON VIOLENT WEAPON that we must unitedly use now

WEAPON: Dump all Mutual Funds and stocks and buy short term treasury bonds

Stop making all payments to Banker Thugs

this weapon will CRASH THE PONZI SCAM WALL STREET CASINO(EPICENTER OF THE HOME GROWN FINANIAL AL AQEDA)

And Shut the Federal Reserve down.......

LAUNCH NEW PARTY UNDER LEADERSHIP OF DR. RON PAUL and defeat both party criminal blood sucking pests.........

We refuse to honor Nation Debt enforced on us by these criminal Al Qaeda...................

A NEW NATION WILL BE BORN AGAIN ACCORDING TO WISHES OF OUR FOUNDING FATHERS........................

WE ALL WILL BE DEBT FREE................

MY FELLOW AMERICANS:LET US UNLEASH THE REVOLUTION NOW


The Great American Bank Robbery



(From UCLA's Hammer Forum) -- William K. Black, the former litigation director of the Federal Home Loan Bank Board who investigated the Savings and Loan disaster of the 1980s, discusses the latest scandal in which a single bank, IndyMac, lost more money than was lost during the entire Savings and Loan crisis. He will examine the political failure behind this economic disaster, in which not only massive fraud has taken place, but a vast transfer of wealth from the poor and middle class continues as the federal government bails out the seemingly reckless, if not the criminal. Black teaches economics and law at the University of Missouri, Kansas City and is the author of The Best Way to Rob a Bank Is to Own One. (Run Time: 1 hour, 38 min.)

http://neweconomicperspectives.blogspot.com/2009/08/great-american-bank-robbery.html