Aug 15th, 2017 By Dave Hodges www.The CommonSenseShow.com
I have no doubt that when I look at banking actions over the past three years, they are clearly posturing to take every financial asset you own, but not everyone agrees as evidenced by this email.
Hodges just shut up!!!! You are an _____. The economy is just fine. If it was as bad as you say we would already be eating out of garbage cans. Shut your piehold and get a real job you ____ _____!
Is this emailer correct, or are the recent actions of the banks and the courts telling us something. It is my contention that we are not just going to have a series of false flag event in America. We are going to get his with everything the globalists have to throw at us because America must be taken down in order to usher in the New World World Order.
The 800 lb Gorilla In the Room
In the past, I have written about the credit swap derivatives exposure and the topic got very little traction. So long as people are driving to work and have some food on the table, and there is no looming crisis, most Americans will have a case of tunnel vision due to the fact that most of only live for Friday and cannot see into the future. Many of us in the independent media and even knowledgeable and respected economists such as John Williams and Joseph Meyer are all saying that we are on the verge of a complete economic collapse. And it will almost assuredly begin with a collapse of the banks. How do I know, read on, the banks, themselves, have already told you as much.
AS A NATION, WE OWE $2.5 QUADRILLION IN CREDIT SWAP DERIVATIVES DEBT WHEN THE ENTIRE GNP OF THE PLANET IS $70 TRILLION
Do you remember when Wells Fargo fired 5,300 employees for opening millions of fake accounts? As John Cruz, former Senior V.P. of HSBC Bank would point out, that in all of these cases there is money laundering from drug trafficking and illegal gun-running.
I have interviewed John Cruz on three occasions, former whistle blower from HSBC Bank where he was a Senior VP. Cruz pointed out the following:
The 2017 Economic Crisis Is Worse Than 2008
The very same banks that created the last economic crisis have now created a 278 TRILLION dollar derivatives nuclear time bomb that could tear down the American economy in single and unannounced moment.
Much of this article deals with the blatant corruption of Wells Fargo, however, they are just the tip of the icebeg.
Interestingly and tragically, Wells Fargo appears to be a sound manager of its debt compared to the other banks.
From the John Cruz interview as well as the Economic Collapse Blog:
Total Assets: $2,573,126,000,000 (about 2.6 trillion dollars)
Total Exposure To Derivatives: $63,600,246,000,000 (more than 63 trillion dollars)
Total Assets: $1,842,530,000,000 (more than 1.8 trillion dollars)
Total Exposure To Derivatives: $59,951,603,000,000 (more than 59 trillion dollars)
Total Assets: $856,301,000,000 (less than a trillion dollars)
Total Exposure To Derivatives: $57,312,558,000,000 (more than 57 trillion dollars)
Bank Of America
Total Assets: $2,106,796,000,000 (a little bit more than 2.1 trillion dollars)
Total Exposure To Derivatives: $54,224,084,000,000 (more than 54 trillion dollars)
Total Assets: $801,382,000,000 (less than a trillion dollars)
Total Exposure To Derivatives: $38,546,879,000,000 (more than 38 trillion dollars)
Total Assets: $1,687,155,000,000 (about 1.7 trillion dollars)
Total Exposure To Derivatives: $5,302,422,000,000 (more than 5 trillion dollars)
Compared to the rest of them, Wells Fargo looks extremely prudent and rational.”
Fifteen months ago, America did not want to listen. Can you hear me now?
Another Wells Fargo Scandal Designed to Rip Off Homeowners
Another day, another Wells Fargo scandal. Wells Fargo is a criminal enterprise that flaunts our financial laws out in the open. Now, they are, again, putting homeowners at risk.
The Courts Laid The Groundwork for Massive Bank Theft Three Years Ago
Do you remember MERS in which your bank, Wells Fargo being the most notorious, could produce a phony note on your home, sell it, and you would eventually lose your home because you did not pay the phony note. Well that problem was ended, right? Not exactly.
MERSCORP Holdings, Inc. is well known for being an organized criminal enterprise. Their assets should have been seized and its corporate officers along with the minion robo signers should all be in prison. However, Americans are increasingly living in a country with no rules for it was announced yesterday that the U.S. Court of Appeals for the Eighth Circuit affirmed the ruling by the District Court of Minnesota that there is no mandatory recording requirement under Minnesota law and this led to the the dismissal of the complaint by 87 Minnesota counties against MERS for failing to legally file titles upon resale or transfer.
On several occasions, I have interviewed Dave Krieger, the author of Clouded Titles. He asserts that MERS must present a chain of custody pertaining to the title of home which follows every sale your title. The popular phrase which surfaced five years ago “Show me the note” was reflective of the belief that before a bank, or a title company could legally repossess your home, the bank/title company must show a complete chain of custody of the note in a court of law. Krieger has provided “inservices” for various District Attorneys around the country on these points of law.
In the case of The County of Ramsey and the County of Hennepin, v. MERCORP Holdings, Inc., Mortgage Electronic Registration Systems., et al., the two counties, on behalf of eighty-seven Minnesota counties, filed a class-action suit alleging that the Lenders’ use of MERS System deprived the Counties of recording fees for mortgage assignments by allowing parties to bypass recordation with the Counties causing the loss of statutory recording fees and creating gaps in chains of title. The counties assert that they are being denied revenue from the failure to file each and every home mortgage following a sale. More importantly, this practice leaves homeowners, who may be current on their mortgage payments or may have totally paid off their home mortgage, to being vulnerable to having their home seized because they might be paying the “wrong” mortgage company. In other words, America, when you write out your mortgage check, you cannot be sure that the company that you are writing the check to really holds the note to your home.
Ray Charles could see that this practice is wholly illegal and fraudulent. EVERY SINGLE HOMEOWNER IN AMERICA IS NOW VULNERABLE TO THIS HEINOUS PRACTICE!
The Eighth Circuit also declined to certify a question to the Minnesota Supreme Court as requested by the Counties of Minnesota. The Circuit Court erroneously ruled that, “ … because we believe Minnesota case law establishes that Minnesota law imposes no duty to record a mortgage or a mortgage assignment with the county recorder…”
This is where the ruling gets interesting and casts the court in the light of being a criminal accomplice after the fact. The Circuit Court amazingly cited a number of Minnesota Court cases interpreting the Recording Act that find that recording is permissive. (See e.g., Jackson v. MERS). The Court proclaimed that the district court held that the wording “shall be recorded” in the Recording Act does not require recordation of land transfers, but instead informs parties where they should record their instrument if they desire the benefits of recording the security instrument, namely providing notice of the lien and its priority. In other words, it is now legal to steal and to commit conspiracy in hiding the fact that the bank/title company is engaged in theft.
To add insult to injury, the Eighth Circuit held that a county did not and cannot state a claim for unjust enrichment or public nuisance against MERS “when there is no duty under state law to record mortgages or subsequent assignments.” In other words, it is legal for MERS and their related criminal enterprise organization are permitted to reap benefits from this criminal racketeering system.
Understandably MERS was thrilled with the ruling; “We did not believe the claims behind this case had merit,” said MERSCORP Holdings Vice President for Corporate Communications, Janis Smith. “The appellate court’s ruling, once again, confirms the legality of MERS and its business.” Legal to steal? Thank you Ms. Smith, you are setting a fine example for your friends and children with your twisted view of ethics, morality and justice.
WHY DO YOU STILL HAVE THE BULK OF YOUR MONEY IN THE BANK?
Peter is a Real Estate Broker at Professional Brokers Group (License No. 023000), covering the greater Short Sale area of Colorado.
Please fill out the contact form below if you wish for Peter to contact you.
[contact-form-7 404 "Not Found"]
Helping Short Sale Realtor home owners avoid foreclosure with a short sale.
Peter Janisch specializes in short sales in Short Sale Realtor. I am your Short Sale Realtor Short Sale Specialist Realtor and Short Sale Realtor loan modification and distressed property expert. This article and content is for general informational purposes and may not be accurate. This should not be taken as legal advice, technical or tax advice under any circumstance. Seek legal advise and representation in all legal matters.