Thursday, August 26, 2010

An American Sees & Speaks

BackDoor Obama at it Again! (Amnesty for all?)

Date: 2010-08-26, 10:28AM PDT
Reply to: [Errors when replying to ads?]


WTF America?

Break the law to get here yada yada yada,,,,,,,,,,

Who is this guy? Growing up in America sure has a lot to do with understanding America.

Does this mean I can start ignoring the laws too? I mean, they broke the law to get here.
Now we reward them? How the fuck will this work out? Christ on a Trike!

I guess I started to notice things were going to hell when fast food jobs in california became career choices
for the mexicans. I never see any teenagers working in them any more and have not gone to any for a couple of years now
to eat. Why is everybody getting bent over the barstool for these people anyway? Seems today if your not needy or dependent
this government don't like you.

Sweet dreams America, sorry we fucked it up.



Date: 2010-08-26, 3:29PM PDT
Reply to: [Errors when replying to ads?]


The Global corporations ( which now completely control our government) know that even if people have no jobs they will simply borrow to buy the products they need. They will sell everything they own including their souls. They will steal to get money to buy. The corporations also figure they can sell to countries that have not destroyed their economies. If they lose money, they can file bankruptcy and get the tax payer to reimburse them for their loss. Then simply reopen under a new name. They have it all planned out. They get everything, we lose everything,

Face it, Global Big business, the Global banks, and the Insurance Companies now completely control our government. They want to increase inflation and government spending. This means more interest on the national debt which means the banks own more and more of America and everything we own will soon become theirs one way or another.

Congress and the rest of our corrupt government love it when the national debt climbs. Not only do they get bribes and kickbacks from the Fed (which is not a government agency but part of a global banking system) but since it causes inflation to rise, they have an excuse to vote themselves some more huge pay raises while millions lose their jobs and slip into poverty and even become homeless.

This why the only answer is a total revolt to remove the infection of the Global Banks and Corps.
All members of our government must atleast be imprisoned and possibly put to death for selling us out.





Published on The Nation (
They Go or Obama Goes
Robert Scheer | August 25, 2010
This story originally appeared at Truthdig [1].

Barack Obama and the Democrats he led to a stunning victory two years ago are going down hard in the face of an economic crisis that he did nothing to create but which he has failed to solve. That is somewhat unfair because the basic blame belongs to his predecessors, Bill Clinton and George W. Bush, who let the bulls of Wall Street run wild in the streets where ordinary folks lived. And there was universal Republican support in Congress for the radical deregulation of the financial industry that produced this debacle.
The core issue for the economy is the continued cost of a housing bubble made possible only after what Clinton Treasury Secretary Lawrence Summers back then trumpeted as necessary "legal certainty" was provided to derivative packages made up of suspect Alt-A and subprime mortgages. It was the Commodity Futures Modernization Act, which Senate Republican Phil Gramm drafted and which Clinton signed into law, that made legal the trafficking in packages of dubious home mortgages. In any decent society the creation of such untenable mortgages and the securitization of risk irrationally associated with it would have been judged a criminal scam. But no such judgment was possible because thanks to Wall Street's sway under Clinton and Bush the bankers got to rewrite the laws to sanction their treachery.
It is Obama's continued deference to the sensibilities of the financiers and his relative indifference to the suffering of ordinary people that threaten his legacy, not to mention the nation's economic well-being. There have been more than 300,000 foreclosure filings every single month that Obama has been president, and as the New York Times editorialized, "Unfortunately, there is no evidence that the Obama administration's efforts to address the foreclosure problem will make an appreciable dent." The Times noted that the administration's main program has been a bust, with only $321 million of the $30 billion allocated to the program having been spent to help folks stay in their homes.
The ugly reality that only 398,198 mortgages have been modified to make the payments more reasonable can be traced to the program being based on the hope that the banks would do the right thing. While Obama continued the Bush practice of showering the banks with bailout money, he did not demand a moratorium on foreclosures or call for increasing the power of bankruptcy courts to force the banks, which created the problem, to now help distressed homeowners.
The subject of housing foreclosures is inherently boring unless you happen to own a home being foreclosed, in which case your family's life has just been turned disastrously upside down. But few of the well-paid pundits on television are in such a position, and as a result the tragedy that has hit 4 million families in the past two years has received scant notice.
But even that highly privileged group of commentators must now be aware that those foreclosures are behind Tuesday's news that US home sales reached their lowest point in fifteen years and that there is unlikely to be an economic recovery without a dramatic turnabout in the housing market. The stock market tanked Tuesday on reports that US home sales had dropped 25.5 percent below the year-ago level.
When homes are foreclosed in a neighborhood the equity of those in the area who have faithfully paid their mortgages is slashed. And when the banks dump those foreclosed properties back on the market, prices drop even lower. Yet the administration has offered the most tepid of responses to stanch the fierce bleeding of home equity worth. A paltry $4.1 billion has been committed to efforts by the states to help the unemployed and other distressed borrowers stay in their homes. Compare that with the trillions spent on making the financial industry super-profitable once again.
There is no way that Obama can begin to seriously reverse this course without shedding the economic team led by the Clinton-era "experts" like Summers and Treasury Secretary Timothy Geithner who got us into this mess in the first place. They are spooked by one overwhelmingly crippling idea—don't rattle the financial titans whom we must rely on for investment. But when it comes to keeping people in their homes, it is precisely the big banks that must be rattled into doing the right thing.
Obama gained credibility through sacking General Stanley McChrystal for making untoward remarks. Why not sack Summers and Geithner for untoward policies that have inflicted such misery on the general public?
Robert Scheer is the author of The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street [2] (Nation Books).


In Rep. Dan Tancredo’s district there have been more than 10,000 mortgages owned by illegals that went into foreclosure. It’s only part of the border to border crime wave perpetrated by illegals from Mexico.
Time to fight AMNESTY and OPEN BORDERS?
E-Verify for Mortgage Applications (fraudulent claims from illegal immigrant)

Rep. Kenny Marchant Proposes Bill to use E-Verify for Mortgage Applications
Tuesday, February 9, 2010, 9:56 AM EST - posted on NumbersUSA

Rep. Kenny Marchant
Rep. Kenny Marchant (R-Texas) has offered the Mortgage E-Verify Act that would require a mortgagor to be verified through E-Verify when applying for a modification of a home loan owned by Fannie Mae or Freddie Mac.

"As a member of the House Financial Services Committee, I am happy to introduce my bill, the Mortgage E-Verify Act, which would require, as a condition for modification of a home mortgage loan held by Fannie Mae or Freddie Mac or insured by the Federal Housing Administration (FHA), that the mortgagor be verified under the E-Verify program," Rep. Marchant said in a press release. "My bill will potentially save millions by cutting down on fraudulent claims from illegal immigrants and protect taxpayers from subsidizing the restructuring or renegotiation mortgages of illegal immigrants."

Rep. Marchant's bill is a result of a major case in Nevada where a loan officer submitted false income and employment documentation to help illegal aliens secure FHA loans. The scam totaled $6.2 million in loans with many going into default, costing HUD nearly $2 million. The loan officer was found guilty on 32 counts of submitting false information.

"E-Verify is a fantastic program which I have supported making permanent for employers," Rep. Marchant said. "Mandating its use as a condition for home mortgage loan modifications would help eliminate waste, fraud, and abuse in the system and bring integrity to the process. In fact, the Treasury Department's Financial Crimes Enforcement division (FinCEN) estimates that mortgage fraud increased 1,411 percent from 1997 to 2005. Furthermore, two-thirds of fraud reports in the last decade are due to falsified statements on loan documents. My bill would curb these abuses and protect the taxpayers."
Lou Dobbs Tonight
Monday, November 12, 2007

Mortgage giants Wells Fargo and Countrywide Financial are accused of slapping dubious fees on homeowners struggling to save their homes. With fewer new mortgages being written, these
companies appear to be leaning on these lucrative fees to stay profitable—with devastating consequences for homeowners. We’ll have that report.
States that border Mexico caused the meltdown (simply loans to ILLEGALS)
September 25, 2008

It’s also no accident that the vast majority of the mortgages already defaulted on or about to default come from states where illegal immigration is the most rampant. According to the New York Times: California, Arizona, Texas and Florida. It was time to scam America internally and externally.


The mortgages, with an average size of about $450,000, were Alt-A loans — the kind often referred to as liar loans, because lenders made them without the usual documentation to verify borrowers’ incomes or savings. Some of the loans came only via an on-line application with no appearance of the person getting the loan was needed. Nearly 60 percent of the loans were made in California, Florida and Arizona, where home prices rose — and subsequently fell — faster than almost anywhere else in the country.

But there’s so much more, according to blogger and journalist Michelle Malkin:

Regional reports across the country have decried the subprime meltdown’s impact on illegal immigrant “victims.” A July report showed that in seven of the 10 metro areas with the highest foreclosure rates, Hispanics represented at least one-third of the population; in two of those areas – Merced and Salinas-Monterey, Calif. – Hispanics comprised half the population. The amnesty-promoting National Council of La Raza and its Development Fund have received millions in federal funds to “counsel” their constituents on obtaining mortgages with little to no money down; the group almost succeeded in attaching a $10 million earmark for itself in one of the housing bills past this spring. ( Proving corruption in high levels of our government) our SENATORS are opperating in a Clandestine manner.

(A clandestine operation is an intelligence or military operation carried out in such a way that the operation goes unnoticed).

Come on people it is 1776 all over again. Some of the owners of the Federal Reserve live in England and Germany. The largest shareholder in the illegal stock of the Federal Reserve lives in England, by the way, this is why England's money is worth the most on earth. Gold prices are set in London each morning. The Euro is the second strongest currency followed by the USA.....we are mere puppets for paying the piper to make these people rich beyond imagination.

So, once again, U. S. citizens will pay for the lawlessness of our leaders and their friends on Wall Street. It is a very bad time for our country!


“Wells Fargo said last month that first-quarter profit jumped 53 percent from a year earlier as borrowers rushed to refinance mortgages amid record-low interest rates.”
Lou Dobbs Tonight
Monday, November 12, 2007

Mortgage giants Wells Fargo and Countrywide Financial are accused of slapping dubious fees on homeowners struggling to save their homes. With fewer new mortgages being written, these
companies appear to be leaning on these lucrative fees to stay profitable—with devastating consequences for homeowners. We’ll have that report.

Los Angeles Times

Mortgage delinquencies remain high at 1 in 10 loans

August 26, 2010
One in 10 American households with a home loan was behind on payments by at least one month this summer, the Associated Press reported.
The wire service quoted a Mortgage Bankers Assn. report on second-quarter delinquencies as saying that 9.9% of borrowers fell into that category as of June 30.
In a worrisome sign, the number of homeowners starting to have problems paying their home loans rose after trending downward last year. But the number of homes in the actual foreclosure process fell slightly, the first drop in four years, according to the Mortgage Bankers Assn. quarterly report.
The report arrived amid fears that a sagging economy could result in another round of declining home prices and rising defaults.
Earlier reports this week showed weaker than expected home sales in July following the expiration this spring of federal tax credit for home buyers. Sales of new homes were at their lowest point since the government began keeping records in 1963.
-- E. Scott Reckard


BUT THE PROBLEM IS… criminal banksters like LA RAZA DONORS WELLS FARGO are servicing the MEXICAN DRUG CARTEL as fast as they illegally open bank accounts for illegals!

“Officials said stemming the flow of this cash is essential if Mexico and the United States hope to disrupt powerful transnational criminal organizations that are using their wealth to corrupt, terrorize and kill.”


Wells Fargo, which owns Wachovia, immediately entered into a deferred prosecution agreement and paid the federal government $160 million in fines.

Several other U.S. banks have also been discovered flouting money-laundering laws.

No wonder former Mexican president Vicente Fox, a conservative businessman, is
urging his country to legalize the production, sale and distribution of drugs
"as a strategy to weaken and break the economic system that allows cartels to earn
huge profits."

Calderon's military surge was backed by more than $1.2 billion in drug war aid from former President Bush, and by several hundred million more from the Obama administration.

Read more:

Stepped-up efforts by U.S., Mexico fail to stem flow of drug money south
By William Booth and Nick Miroff
Washington Post Staff Writers
Wednesday, August 25, 2010; 7:12 PM
LAREDO, TEX. - Stashing cash in spare tires, engine transmissions and truckloads of baby diapers, couriers for Mexican drug cartels are moving tens of billions of dollars in profits south across the border each year, a river of dirty money that has overwhelmed U.S. and Mexican customs agents.
Officials said stemming the flow of this cash is essential if Mexico and the United States hope to disrupt powerful transnational criminal organizations that are using their wealth to corrupt, terrorize and kill.
Despite unprecedented efforts to thwart the traffickers, U.S. and Mexican authorities are seizing no more than 1 percent of the cash, according to an analysis by The Washington Post based on figures provided by the two governments.
The major Mexican drug organizations write that off as the cost of doing business - losing a percentage far smaller than the fees for an ordinary wire transfer or ATM withdrawal, Mexican and U.S. law enforcement officials said.
The Obama administration recently proposed a $600 million surge in spending and personnel, including additional gamma-ray scanners and money-sniffing dogs, as part of an intensifying effort to capture the dollars going from U.S. drug consumers to Mexican mafias.
The drug traffickers and their Colombian suppliers smuggle $20 billion to $25 billion in U.S. bank notes across the southwest border annually as they seek to circumvent banking regulations and the suspicions aroused by large cash deposits, studies by federal officials, regulators and academics show.
"If we fail to curtail these money flows, the confrontation with organized crime will generate more violence and more corruption," Carlos Pascual, the U.S. ambassador to Mexico, said at a border conference in El Paso this month.
Most of the money is smuggled in plastic-wrapped bricks of $20 bills. Often the bank notes retain the sticky residue or fine powder generated by the marijuana, cocaine and methamphetamine sold to the most voracious consumers in the world.
"Cash is the ultimate challenge for us," John Arvanitis, chief of financial operations for the Drug Enforcement Administration, said in an interview. "It moves so rapidly, so fluidly. It crosses borders. It moves in bulk. It is stored in warehouses. It is moved into business. They have multiple, multiple options. They can hide a million dollars in a tractor-trailer, or they can carry it across the border in a handbag."
Since the two countries pledged to bolster joint operations in March 2009 and began searching more vehicles heading south, customs agents have seized record amounts of cash - not only in vehicles but also hidden in children's toys, loaves of bread and body cavities.
But authorities are barely making a dent in the cartel profits. U.S. agents captured $85 million in illicit cash along the southwest border last year, according to the Department of Homeland Security. Mexican inspectors have seized $31 million in suspicious cash at all ports of entry into the country over the past three years, according to figures provided by the Mexican customs agency. In two years of undercover operations targeting Mexican cartels in the United States, the DEA seized $216 million, although it is unclear how much of that would have been smuggled south.
"We see mostly small seizures, in small denominations. It doesn't mean that much to them," said a senior Mexican official who investigates financial crimes, speaking on the condition of anonymity because of security protocols. "To really hurt the criminal organizations, we would have to be confiscating much, much more."
Asked how much more, the official said, "a billion dollars."
T.J. Bonner, president of the union representing Border Patrol agents, said seizing cash in southbound traffic is extremely difficult.
"Throw a backpack of cash over the fence into Mexico, and what are we going to do?" he said. "Charge someone with littering in a foreign country?"
Mexican officials say a greater percentage of drug profits remain in the United States than U.S. officials acknowledge. Former attorney general Eduardo Medina Mora said that, based on the U.S. notes Mexican banks return to the United States, about $10 billion "does not have an explanation and could be attributed to the flow of drug trafficking money."
That figure does not include the billions never deposited in Mexican banks but quickly smuggled farther south - to Central America, to pay transport costs, and to Colombia, Peru and Bolivia, to purchase more cocaine.
'No paper trail'
Cash smuggled across the border is a leading source of foreign currency in Mexico, surpassed only by petroleum sales and about equal to the dollars earned from tourism and official remittances from Mexicans working in the United States.
"There's no paper trail when you smuggle $400,000 or $500,000 over the border in a hidden compartment on one car," said David Gaddis, deputy chief of operations for the DEA.
U.S. bank notes are easily spent in Mexico, where 67 percent of commercial transactions are made with cash - often dollars - as opposed to 21 percent in the United States.
Since late 2006, when President Felipe Caldern launched his U.S.-backed military-led offensive against the traffickers, police and soldiers have confiscated $411 million in U.S. currency but only $23 million in Mexican pesos, according to Mexico's intelligence service.
In the United States, cash from the wholesale distribution of heroin, cocaine, methamphetamine and marijuana is consolidated in several key cities, including New York, Atlanta, Chicago, Los Angeles and the Raleigh-Durham, N.C., area, before it moves south.
"What we are seeing is the professionalization of the movement of bulk cash," said an agent with U.S. Immigration and Customs Enforcement who spoke on the condition of anonymity because of security protocols. "We are seeing specialists in money movement. That's all they do. They prefer to lose drugs versus money because drugs are so much easier to replace."
ICE agents said cartels pay couriers about 2 or 3 percent to smuggle cash, far more than they lose to law enforcement.
At the crossing
At the busy border crossing in Laredo, U.S. customs agents search hundreds of southbound vehicles a day. Pickups and vans filled with household goods bought in the United States slow to a stop as agents ask the occupants whether they are carrying weapons, ammunition or more than $10,000 in cash. Almost everyone says no.
Many cars are just waved through. Others are briskly inspected. The officers tap on the vehicle panels with rubber mallets, searching for hidden compartments; open trunks and glove boxes; use mirrors to examine the undercarriage; hold a density meter next to the gas tank; and pop open the hood and inspect the running engine.
"We've seen hidden compartments in oil pans, with cars running on two quarts of oil instead of five," said Gene Garza, director of the Port of Laredo for U.S. Customs and Border Protection.
If agents detect anything suspicious - if a car with Arizona plates has no bugs on its windshield or a woman who claims to be the driver's wife looks nervous - the vehicle is inspected a second time, with cash-sniffing dogs. The vehicle might then be scanned by X-ray machines and disassembled.
In a typical seizure here last month, 50 bundles containing $607,629 were found in a spare tire of a Ford pickup. A few days earlier, $506,057 was discovered in a false compartment of a car's front bumper. The drivers face charges of cash smuggling, with a typical prison sentence of a year or two if convicted.
At the Laredo port alone, 22,000 cars cross into Mexico every day, plus 12,000 pedestrians and 6,000 tractor-trailers. They all can't be searched, officials say, and $1 million in $100 bank notes could almost fit in a shoe box.
Once the couriers cross, the risk of being caught is even slimmer, even as Mexico tries to overhaul its customs agency with help from the $1.6 billion in U.S. aid in the anti-narcotics Merida Initiative. Mexico has fired more than 1,000 customs agents and hired 2,300 since 2007, doubling their base salaries in an effort to ward off corruption. Inspectors are subjected to lie-detector tests, job rotations and monitoring by surveillance cameras.
But former agents say drug cartels continue to corrupt and intimidate inspectors. In Ciudad Juarez, across the river from El Paso, more than 30 agents have resigned in recent months after several co-workers were killed.
In Nuevo Laredo, a Mexican customs official said his inspectors have seized "maybe a million dollars" in the past year.
"It's not enough," said the senior officer, who spoke on the condition of anonymity because of security concerns. "They keep telling us to find more and more, but it's very hard."