The Economy

General Motors: the unacceptable face of corporatism – Telegraph – Delingpole

Have a look at this video and make sure you have a sick bucket handy. It shows Dan Akerson, CEO of General Motors, fawning, grovelling and abasing himself before the Climate Inquisition – and coming perilously close to endorsing the slander of a perfectly blameless free market think tank.

The Climate Inquisition, in this instance, is represented by an environmental campaign organisation called Climate One. GM is one of its sponsors and, in the course of his public interrogation, Akerson is asked his views on GM’s funding of “a group that has tried to push misinformation about climate science into our public schools”, the Heartland Institute.

Wind farms: even worse than we thought… Telegraph – Delingpole

The Global Warming Policy Foundation has produced yet another devastating report: this time on the economics of wind farms. Turns out they’re even worse than we thought.

Not only do the Bat Chomping Eco-Crucifixes (TM) ruin views, kill birds, cause bats to implode, destroy the British film industry, frighten horses, enrich rent-seeking toffs like David Cameron’s father-in-law Sir Reginald Sheffield Bt, drive up electricity bills, kill jobs, create fuel poverty, cause old people to die of hypothermia, wipe out property values, drive people mad with strobing and noise pollution and enable smug liberal idiots to spout rubbish like “Oh, I don’t mind them. Actually I think they’re rather beautiful”, but also by 2020 they’re set to drive up consumer bills in the UK alone by £120 billion.

While California persecutes raw milk farmers, France unveils raw milk vending machines for happy, healthy consumers


20 Economic Statistics To Use To Wake Sheeple Up From Their Entertainment-Induced Comas

Just like during the Great Depression, Wall Street is having one of the greatest bull runs in history at the expense of the masses and here are the statistics to prove it.

Adding Insult To Injury, Greek Gas Prices Are Now The Highest In Europe

Just because being officially the first broke Eurozone country, having 50%+ youth unemployment, and a collapsing economy is not enough, adding absolutely insult to injury is the following chart from Reuters, which shows that compared to other European economies, Greece now has the highest gas price in the old continent. And indicatively while America complains over what is now the highest gas prices in 2012 per AAA, at $3.80 average for a gallon of regular, 30 cents higher than a month ago, and 35 cents higher compared to a year earlier, gas in Greece now sells for over $9.00/gallon.

Evolving Global Financial Crisis. Selling “Foreclosed Homes”

The government is preparing to package and sell foreclosed homes. We do not know what discount to the current market there will be but you can guess it will be 20% or more. This event will cause home prices to trend lower dependent on whether the houses are put up for sale or rented. These homes will only be available to big buyers such as hedge funds and others with enormous amounts of capital. It is expected that the homes will be sold in lots of 5,000 to 10,000 and the minimum bid would be $1 billion. This is corporatist fascists busy at work. You could call it the largest transfer of wealth from the private to the public sector in history. Fannie Mae and Freddie Mac could be sellers of 250,000 or more homes with more in the wings, perhaps another 250,000.

Home ownership is about to become a thing of the past in this country.

6 Historical Events That Are Way More Modern Than You Think

Guillotines were still in use until 1981. So there should be a few stashed away in some storage units to use on the Wall Street mortgage-backed securities fraudsters, right?

BP’s Influence Peddling In Congress Bears Fruit Two Years After Gulf Spill

As millions of barrels of oil began pouring into the Gulf of Mexico in April 2010, Democratic lawmakers began asking the question: what was the proper amount of money that the company responsible for the spill should have to pay?

The bill was dubbed the “Big Oil Bailout Prevention Unlimited Liability Act.” Introduced during the peak of anger over the spill and amid legitimate fears over how long the oil would continue to flow unabated, it seemed as though there was a fairly reasonable chance it would pass. When President Barack Obama not only endorsed the measure but also argued for eliminating a cap altogether, its prospects improved further.

The US Congress, in the 21st century, is simply an assemblage of individuals acquired by large corporations, so that those corporations only have to take minimal responsibility when their actions have created maximum damage to the American people.

Old Landsbanki to sue PriceWaterhouseCoopers for ‘deliberate’ auditing errors

The resolution committee of the failed Icelandic bank Old Landsbanki has subpoenaed the international auditing firm PriceWaterhouseCoopers, accusing the company of creating wrong annual accounts which misled the markets. The committee’s damages claim runs to hundreds of millions of krónur.

Attention Academy of Motion Picture Arts & Sciences! I think we just found out how “Avatar” got screwed for best picture! :)

Hundreds of thousands of Spaniards have taken to the streets to protest a labor law reform


Silver is the most Important Metal in the World, Less above ground than Gold – The uses of it.

There are many that try and get the information out about Silver being rarer than gold. The reason is there is less above ground silver in the world than there is gold. That is why they manipulate it so much too. But at some point the reality of a silver shortage will hit.

Some of the uses for silver listed and what silver can do for you in purifying water.

One Out Of Every Ten Wall Street Employees Is A Psychopath, Say Researchers

One out of every 10 Wall Street employees is likely a clinical psychopath, writes journalist Sherree DeCovny in an upcoming issue of the trade publication CFA Magazine (subscription required). In the general population the rate is closer to one percent.

“A financial psychopath can present as a perfect well-rounded job candidate, CEO, manager, co-worker, and team member because their destructive characteristics are practically invisible,” writes DeCovny, who pulls together research from several psychologists for her story, which helpfully suggests that financial firms carefully screen out extreme psychopaths in hiring.

I know, big shock, right?

Scams Targeting Older Adults Are On The Rise

Scam artists are targeting older Americans more than ever. Over the last decade, both complaints and financial losses among baby boomers have skyrocketed, and the trend is expected to accelerate as they age, according to a recent report by the Center for Retirement Research at Boston College.

The Federal Trade Commission (FTC) received more than 1.5 million complaints about financial and other fraud -– up 62 percent in just three years, the report noted. But fraud may be even more pervasive, because researchers say that it often goes unreported.

$15 TRILLION is equivalent to the the federal debt of the U.S. Treasury Department. Lord James of Blackheath has spoken in the House of Lords holding evidence of three transactions of 5 Trillion each and a transaction of 750,000 metric tonnes of gold and has called for an investigation.

My Lords, it starts in April and May of 2009, with the alleged transfer to the United Kingdom, to HSBC of a sum of 5 trillion dollars and seven days later, in comes another 5 trillion dollars to HSBC, and then 3 weeks later another 5 trillion. 5 trillion in each case.

The $15 TRILLION Money-Laundering Mystery

Where did it come from? Where did it go? These are the two principal questions being framed today, after Lord James of Blackheath (a member of the UK House of Lords) unveiled documentation (and accusations) concerning a mounting of illegitimate cash: $15 trillion USD.

What I think is happening with this mysterious $15 trillion, the billions in bonds seized in 2009, and the more recent seizure of another $6 trillion in Italy, is that the United State is covertly transferring bullion and bearer bonds payable in gold into Europe so that can be put on the balance sheets of Europe’s banks without a corresponding debt obligation, to keep the European banks solvent to prevent triggering the trillions of dollars in Credit Default Swaps against the European debt sold by Wall Street banks. Once again the American people are being looted to pay for Wall Street’s crimes. More detailed analysis tomorrow.

Intel Exclusive: Trillion Dollar Terror Exposed

Bush, Fed, Europe Banks in $15 Trillion Fraud, All Documented

By Gordon Duff, Senior Editor

Below is one of the strangest stories in financial history, one involving the US government lying about hundreds of thousands of tons of imaginary gold, illegal wire transfers and loans totalling $15 trillion. The video, from the House of Lords, is amazing in itself.

What it doesn’t express is where the money came from though Lord James of Blackheath proves conclusively that an effort was made to say it came from a gold reserve in Brunei that, in fact, never existed.

Why Were The Trillions In Fake Bonds Held In Chicago Fed Crates?

While there is precious little in terms of detail coming out of the latest and literally greatest “fake” bond story in history, the BBC has been kind enough to release the pictures of the boxes that the supposedly fake bonds were contained in. While we reserve judgment on the authenticity of the bonds, what we wonder is whether the boxes were also fake. Because while we can understand why someone would counterfeit the Treasury paper itself, what we don’t get is why someone would go the extra effort to also create a “fake” compartment in which to store it.

Borrower’s Insurance scam: Mortgage Movies explains how Lamar Gunn was a victim of wrongful foreclosure…. he never missed a payment; the underlying loan was satisfied.

How does a financial planner who pays his mortgage on time become a victim of foreclosure fraud? Well it goes like this. US Bank sent him a letter as he was being evicted on 31 January, the Court ordered possession on 1 Feb. and Ruled against Mr. Gunn’s Quiet Title and Temporary Injunction so he had 6,000 square feet to pack up in about a day or two. Come to find out that the underlying loan had been paid off, the lending institution conspired with the servicer as the underlying trust had certificates paid off and the trust was dissolved back in 2005…… three (3) years before they commenced action on him. He got the CUSIP number and tracked everything. These guys are so busted.

That monthly payment you make on your home is not enough to save the banks from collapse after the mortgage-backed securities fraud. The banks need the entire worth of your home on their balance sheet to stay solvent. Hence the firestorm of foreclosures across America, with the government turning a blind eye to the crimes being committed by the bankers against the American people.

This is wealth confiscation, just like Roosevelt did with gold in 1933, again to save the banks, only this time it is your homes they are taking, and they are doing it in a way to trick you into thinking it is all your own fault.


AN “ARMY of eco-warriors” is being hired by wind farm lobbyists to fight for onshore farms in one of the most beautiful parts of Britain, writes Kirsty Buchanan.

Conservative MP Chris Heaton- Harris said: “It is ironic companies like Centrica now have to recruit an army of ‘Swampies’,” a reference to the Newbury bypass protester.

Greece is ‘likely to need third bail-out’

A third bail-out for Greece cannot be ruled out, a senior European Central Bank (ECB) official said, as the country’s troika of lenders prepared to rubber-stamp its €130bn (£109bn) second financial rescue.………


Lamar Gunn update: Lawyers abandon ship as notary Nikole Shelton surrenders license.

The only problem is she probably earned enough money working with these dirtbag lawyers to buy her home and pay off a BMW and a 35-foot Sea Ray. Well she can laugh all the way to the bank, whatever I just want Justice for Lamar Gunn dammit. The entire packet is below the fold, short video posting by 5:30p EST. Search LaMar Gunn on Mortgage Movies journal to read more.

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