Posts Tagged ‘New Financial Collapse’
Hank Paulson And The Big Lie We Were All Told in 2008…And How Much Bigger The Lie Became
Author: Matthew D. Weidner, Esq.
This is a MUST SEE VIDEO just watch this video and listen to all the lies that we’ve all been sold…compare what was said back then to where we are now….
NUCLEAR BOMBSHELL- THE IRS Enters The Fraudclosure Fight
Author: Matthew D. Weidner, Esq.
Ignore everything else we think might happen in fraudclosuregate….the three letters that send a cold shiver up any thinking person’s spine are….
I.R.S.
INTERNAL REVENUE SERVICE
The issue is simple. The mortgage backed trusts flagrantly violated the IRS’s REMIC regulations. The banksters got favored treatment under the REMIC pass-through rules. These rules required the banksters to transfer the mortgages into the trusts within 120 days of closing. They ignored this, and many other important REMIC rules. And if they ignore the rules, they blow their REMIC tax-favored status and owe the IRS BAAAAAAHHHHJILLIONS of dollars……
We’ve all know for a long time that if the IRS ever dug into this issue ….. all bets are off …..
WOW….JUST WOW…
The IRS confirmed to Reuters that the review comes in response to mounting evidence that banks violated tax requirements by mishandling the transfer of mortgages to REMICs, short for Real Estate Mortgage Conduits.
Should the IRS find reason to take tough action, the financial impact could be enormous. REMIC investments are held by pension funds, in individual retirement plans such as 401(k)s and by state and local government entities.
As of the end of 2010, investments in REMICs totaled more than $3 trillion, according to data supplied by the Securities Industry and Financial Markets Association.
In a brief statement in response to questions from Reuters, the agency said: “The IRS is aware of questions in the market regarding REMICs and proper ownership of the underlying mortgages as set out in federal tax law, and is actively reviewing certain aspects of this issue.”
Posse Comitatus, Kim Kardashian, Crushing Dissent and the Militarization of Local Law Enforcement
Author: Matthew D. Weidner, Esq.
After the Civil War, forward thinking legislators, primarily in southern states were concerned about federal powers seeping in and supplanting the authority and power of local law enforcement and governments.
In response, Congress Passed the Posse Comitatus Act which generally limited the use of federal forces on Americans. In short, the guns of the United States military could not be trained against citizens.
That of course has all been changed in recent years, both through legislation (most directly through the passage of the Insurrection Act) and through issuance of dozens of Presidential/Executive Orders.
If you still buy into any delusions of limits on government power in this alleged Constitutional Republic, just have a read through all the Executive Orders and review all the other Orders and Legislation that have been enacted over the last several years.
Make no mistake, every level of American government stands ready to convert to a crushing totalitarian regime with the flip of a switch….
It’s a bizarre, Alice and Wonderland and quite terrifying world we live in today. On one side of the curtain, millions of Americans remain obsessed and preoccupied with pop culture and absurd distractions…on the other side, the world economy is collapsing at an alarming rate.
Millions of Americans can accurately quote the win/loss ratios of professional sports teams, but what fraction of a percentage point of everyday Americans understand the reserve/capital ratios of the banks they think are safeguarding their paychecks and personal wealth? (Hint, the money ain’t there folks.)
Which brings us to the story of today….LA’s mayor takes a photo op with Kim Kardashian while at the same time ordering peaceful protesters removed from a public park. (here)
The real fear for all Americans and for elected “leaders” is what’s going to happen when things really do spin out of control. One of the major differences between the United States and all other countries where protesters have taken to the streets is the proliferation of weapons in the hands of citizens in the United States…the FBI estimates there are 60 million gun owners and 200 million privately owned guns in the US…..
Think about that for a moment……
LA Mayor Parties With The Kardashians
Hallliburton, Accused of Selling Nuclear Secrets To Iran, And Profiteering On War
Author: Matthew D. Weidner, Esq.
This will really disgust you. Are you not disgusted yet? Please watch this video…the whole thing…
Europe on The Brink of Collapse And The Corruption of Big Money Politics
Author: Matthew D. Weidner, Esq.
Wall Street caused the collapse in 2008. They paid no price and in fact profited from the collapse. Since 2008, they have doubled down on the risky debts that caused the collapse and in fact the very same players have dramatically exacerbated the problems in Europe, especially Goldman Sachs who in fact have helped to hide the underlying problems with Greek debt in particular…..
WAKE UP! THIS IS WHY PEOPLE ARE PROTESTING…(AT LEAST ONE REASON)
Author: Matthew D. Weidner, Esq.
