Cynthia Kouril

The robo-signing is the smoking gun that is the key to proving every other part of this criminal conspiracy, which is why the banks had to have robo-singing immunized.

So, homeowners are screwed.

The NY Times is reporting that NY and California have agreed to sign on the 50 state deal and that is will immunize robo-signing. If that is true, it’s over folks. The housing market is not going to recover any time soon and the court system will be permanently corrupted by forged and perjurious documents.

This settlement is an incredible breach of the social contract between the government and the governed.

Friday is usually a day for releasing news you don’t want anyone to notice. The Friday before the Super Bowl should be for news that you really want to be overlooked. So, it’s curious to me that both Illinois Attorney General Lisa Madigan and New York Attorney General Eric Schneiderman should both announce long awaited robosigning cases on that day.

Any deal that immunizes robosigning sabotages everything because the robosigning is the smoking gun. No one resorts to creating fabricated documents unless they are desperate and know they have no other hope of winning. It’s the illegal strategy equivalent of a Hail Mary Pass after time has run out. Had the robosigning never been exposed, they might have gotten away with winning through perjury, so the idea of immunizing it is preposterous.

It seems Covington & Burling, the powerhouse law firm that used to employ, and could be expected to re-employ, Attorney general Eric Holder and Assistant Attorney General in charge of the Criminal Division Lanny Breuer is also the same firm that issued the opinion letter that said that MERS was a valid way to transfer mortgages.

In 2010, the Law Offices of David J. Stern spun off the robo signing document mill part of his business into a separate, publicly traded company. Now the investors are suiing Stern, based on company document and evidence that show pervasive foreclosure fraud by the original company.

The Backbone Campaign, longtime source of witty direct action protests, partnered up with the Other 98%, the Seattle Labor Chorus and the Washington Community Action Network to produce a Christmas caroling event at Bank of America and at Wells Fargo. Donned in their Santa hats and other gay apparel, including a Ghost of Christmas Present, the 99% Choir serenaded the staff and customers at branches in Seattle area.

If the money had been flowing in the other direction, we might be calling it a bribe or at least wondering about money laundering. Imagine if a businessman or banker knew that a government official had an opportunity to loan money out at 5% and made a no interest loan to said government official of $1 million, would we not be VERY SUSPICIOUS of that $50K profit made by the government official?

It kicks off this morning at 7AM with a street theatre event, The Wall Street Carnival Block Party. They plan to overwhelm the Stock Exchange’s Opening Bell, with The People’s Bell. Instead of trading shares of stock, they’re going to trade the stories of the 99%. How cool is that? The stories traded will highlight the need for jobs, infrastructure repair, the unfairness of the current tax system, and the unfairness of austerity cuts that harm the most vulnerable among us.

This book is a fast and easy read so you will absorb a ton of well-researched factual knowledge without losing your horse, crawling through the desert, or emptying your canteen. It’s a fun, easy way to learn and understand a whole lot of important information that banksters would prefer you never know and delivered in a way that exposes the hypocrisy of many of the proposed “cures” for our current economic woes. It really is a terrific learning tool and delivers information in a form that even Members of Congress should be able to understand.