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Documents are largely from what is referenced by interesting films, Prison Planet/Infowars and the Corbett Report. This database is a quick reference and for your analysis, more independent from others' interpretations. The database includes almost all source documents and articles from these films: Loose Change (Final Cut & 2nd Edition), Fabled Enemies, The Obama Deception, End Game, Martial Law 9/11, American Dictators, Matrix of Evil, Zeitgeist: Addendum, Who Killed The Electric Car?, The World According To Monsanto, Mind The Gap, and 7/7 Ripple Effect.
The Top Twelve Reasons Why You Should Hate the Mortgage Settlement As readers may know by now, 49 of 50 states have agreed to join the so-called mortgage settlement, with Oklahoma the lone refusenik. Although the fine points are still being hammered out, various news outlets (New York Times, Financial Times, Wall Street Journal) have details, with Dave Dayen’s overview at Firedoglake the best thus far.
The Wall Street Journal is also reporting that the SEC is about to launch some securities litigation against major banks. Since the statue of limitations has already run out on securities filings more than five years old, this means they’ll clip the banks for some of the very last (and dreckiest) deals they shoved out the door before the subprime market gave up the ghost.
The various news services are touting this pact at the biggest multi-state settlement since the tobacco deal in 1998. While narrowly accurate, this deal is bush league by comparison even though the underlying abuses in both cases have had devastating consequences.
The tobacco agreement was pegged as being worth nearly $250 billion over the first 25 years. Adjust that for inflation, and the disparity is even bigger. That shows you the difference in outcomes between a case where the prosecutors have solid evidence backing their charges, versus one where everyone know a lot of bad stuff happened, but no one has come close to marshaling the evidence. (Naked Capitalism)
49-State Foreclosure Fraud Settlement Will Be Finalized Thursday Forty-nine states, every one but Oklahoma, as well as federal regulators will participate in a foreclosure fraud settlement that will release the five biggest banks (Wells Fargo, Citi, Ally/GMAC, JPMorgan Chase and Bank of America) and their mortgage servicing units from liability for robo-signing and other forms of servicer abuse, in exchange for $25 billion in funding for legal aid, refinancing, short sales, restitution for wrongful foreclosures and principal reduction for underwater borrowers. The announcement will be made on Thursday.
This settlement arises from multiple abuses found in the servicing of loans and the foreclosure process over the past several years. At the height of the housing bubble, banks sliced and diced mortgages and traded them with little regard for the rules following land recording or securitization to such a sloppy extent that they lost track of the true owner on potentially millions of homes. To cover up for this massive failure, banks and their servicing units have been found to have routinely forged, back-dated and fabricated documents at county recorder offices and state courts across the country. Furthermore, they employed “robo-signers,” who signed hundreds of thousands (if not millions) of documents and affidavits without any knowledge of the underlying mortgages. In addition, investigations uncovered massive servicing abuses, including illegal fees charged to borrowers, putting borrowers into foreclosure at the same time as they were working out loan modifications, failing to honor previous settlements where promises were made on modifications, and countless other errors that maximized servicer profits and gouged homeowners. There are also cases of wrongful foreclosures where homeowners have been turned out of their homes without just cause, and servicer-driven foreclosures, where servicers illegally added late fees and applied payments inaccurately, pushing the homeowner into foreclosure. This is but a smattering of the examples of foreclosure fraud and servicer abuse found in a series of interlocking investigations, court depositions, reviews of documents in registers of deeds offices, and homeowner testimonials. (Fire Dog Lake)
The shocking truth about the crackdown on Occupy: The violent police assaults across the US are no coincidence. Occupy has touched the third rail of our political class's venality US citizens of all political persuasions are still reeling from images of unparallelled police brutality in a coordinated crackdown against peaceful OWS protesters in cities across the nation this past week. An elderly woman was pepper-sprayed in the face; the scene of unresisting, supine students at UC Davis being pepper-sprayed by phalanxes of riot police went viral online; images proliferated of young women – targeted seemingly for their gender – screaming, dragged by the hair by police in riot gear; and the pictures of a young man, stunned and bleeding profusely from the head, emerged in the record of the middle-of-the-night clearing of Zuccotti Park.
But just when Americans thought we had the picture – was this crazy police and mayoral overkill, on a municipal level, in many different cities? – the picture darkened. The National Union of Journalists issued a Freedom of Information Act request to investigate possible federal involvement with law enforcement practices that appeared to target journalists. The New York Times reported that "New York cops have arrested, punched, whacked, shoved to the ground and tossed a barrier at reporters and photographers" covering protests. Reporters were asked by NYPD to raise their hands to prove they had credentials: when many dutifully did so, they were taken, upon threat of arrest, away from the story they were covering, and penned far from the site in which the news was unfolding. Other reporters wearing press passes were arrested and roughed up by cops, after being – falsely – informed by police that "It is illegal to take pictures on the sidewalk." (London Guardian)
National drug survey shows big drop in methamphetamine use Drug use among college-age adults is increasing, driven largely by an increase marijuana use, a national drug-use survey has found.
Nearly one in 10 Americans report regularly using illegal drugs, including marijuana, cocaine, heroin, hallucinogens, inhalants or prescription drugs used recreationally, according to the National Survey on Drug Use and Health made public today. The survey, sponsored by the federal Substance Abuse and Mental Health Services Administration (SAMHSA), collects the data from interviews with 67,500 randomly selected people 12 years or older.
Marijuana, with 17.4 million regular users, is by far the most commonly used drug. Its popularity is growing: 6.9% of the population reported using marijuana regularly, up from 5.8% in 2007. Among 12- to 17-year-olds, 7.4% reported having used marijuana in the past month, about the same as last year.
Drug use among young adults 18 to 25 has inched up steadily from 19.6% in 2008 to 21.5% in 2010. Marijuana use in that group rose from 16.5% in 2008 to 18.5% in 2010.
Gil Kerlikowske, director of the Office of National Drug Control Policy, attributed the uptick in marijuana use to the increase in the number of states that have approved it for medical use. Delaware in May became the 16th state to approve medical marijuana.
Drug use climbs (USA Today)
Vermont Becomes Eighth Medical Marijuana Dispensary State Vermont is now set to become the eighth medical marijuana dispensary set. Gov. Peter Shumlin (D) Thursday signed into law a bill that will create a system of up to four explicitly authorized and state regulated dispensaries for medical marijuana patients. (Drug War Chronicle)
SPECIAL REPORT. Obama and Emanuel: members of same gay bath house club in Chicago President Obama and his chief of staff Rahm Emanuel are
lifetime members of the same gay bath house in uptown Chicago,
according to informed sources in Chicago's gay community,
as well as veteran political sources in the city.
The bath house, Man's Country, caters to older white men
and it has been in business for some 30 years and is known as
one of uptown Chicago's "grand old bathhouses." WMR was told by
sources who are familiar with the bath house that it provides
lifetime memberships to paying customers and that the club's
computerized files, and pre-computer paper files, include
membership information for both Obama and Emanuel. However,
sources close to "Man's Country" believe the U.S. Secret Service
has purged the computer and filing cabinet files of the membership
data on Obama and Emanuel.
Members of Man's Country are also issued club identification cards.
WMR learned that Obama and Emanuel possessed the ID cards, which
were required for entry.
Obama began frequenting Man's Country in the mid-1990s, during the
time he transitioned from a lecturer at the University of Chicago
Law School to his election as an Illinois State Senator in 1996.
Emanuel, reportedly joined Man's Country after he left the Clinton
White House and moved back to Chicago in 1998, joining the
investment firm of Wasserstein Perella and maintaining his
membership during his 2002 campaign for the U.S. 5th District
House seat vacated by Rod Blagojevich, who was elected governor. (Wayne Madsen)
A New Dawn: Barack Obama Is President One hundred and forty-three years after the abolition of slavery, America today acclaimed its first black president
Conservative leader David Cameron claimed Mr Obama was the first of a new generation of world leaders. (Daily Express)
Faith, Certainty and the Presidency of George W. Bush Bruce Bartlett, a domestic policy adviser to Ronald Reagan and a treasury official for the first President Bush, told me recently that ''if Bush wins, there will be a civil war in the Republican Party starting on Nov. 3.'' The nature of that conflict, as Bartlett sees it? Essentially, the same as the one raging across much of the world: a battle between modernists and fundamentalists, pragmatists and true believers, reason and religion.
''Just in the past few months,'' Bartlett said, ''I think a light has gone off for people who've spent time up close to Bush: that this instinct he's always talking about is this sort of weird, Messianic idea of what he thinks God has told him to do.'' Bartlett, a 53-year-old columnist and self-described libertarian Republican who has lately been a champion for traditional Republicans concerned about Bush's governance, went on to say: ''This is why George W. Bush is so clear-eyed about Al Qaeda and the Islamic fundamentalist enemy. He believes you have to kill them all. They can't be persuaded, that they're extremists, driven by a dark vision. He understands them, because he's just like them. . . .
''This is why he dispenses with people who confront him with inconvenient facts,'' Bartlett went on to say. ''He truly believes he's on a mission from God. Absolute faith like that overwhelms a need for analysis. The whole thing about faith is to believe things for which there is no empirical evidence.'' Bartlett paused, then said, ''But you can't run the world on faith.''
Forty democratic senators were gathered for a lunch in March just off the Senate floor. I was there as a guest speaker. Joe Biden was telling a story, a story about the president. ''I was in the Oval Office a few months after we swept into Baghdad,'' he began, ''and I was telling the president of my many concerns'' -- concerns about growing problems winning the peace, the explosive mix of Shiite and Sunni, the disbanding of the Iraqi Army and problems securing the oil fields. Bush, Biden recalled, just looked at him, unflappably sure that the United States was on the right course and that all was well. '''Mr. President,' I finally said, 'How can you be so sure when you know you don't know the facts?''' (New York Times)
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