If you or anyone you know have been affected by foreclosure fraud, we want you to share your thoughts on the settlement with us. Unlike some who laid ground cover for this carnage by hailing Schneiderman a hero but remain silent today, we will not allow this deal — and what it means to the victims of foreclosure fraud — to be buried under a mountain of pro-settlement propaganda.

SIGTARP isn’t happy about the failure of the Treasury to enforce its regulations on home mortgage servicers. Treasury has no response, and just whines. Anonymously.

They completely missed a catastrophic bubble that had disastrous consequences for the nation. Banks and lenders were making money so they preferred not to see the problems that lie ahead. By 2006 the bubble already showed signs of popping, and still Fed policymakers were tragically ignorant.

I have to chuckle at Ron Klain’s story about the subtle genius of the Obama Administration with respect to the payroll tax cut. Klain credits Timothy Geithner (and Gene Sperling, then an advisor to Geithner) with coming up with a strategy that turned a one-year payroll tax cut into what looks to be a two-year one. But remedy for using Making Work Pay to get more money to workers quicker is to double Making Work Pay. It was a $400 benefit; just make it an $800 benefit. If you like, raise the cap.

Tim Geithner hopped a flight to Europe, hoping to ensure that the crisis in the Eurozone resolves itself without too much trouble for anyone – I mean, if you leave out the citizens of the affected countries, that is. You will find Geithner and other US officials holding the strings of many of the policies Germany and France have tried to impose on Europe.

If the banks weren’t able to robo-sign, they wouldn’t be able to foreclose on anyone, because without fraudulent means they cannot prove ownership. That’s the implication of the slowdown in Nevada, that’s the implication of the ongoing criminal activity. So a settlement then takes the role of really changing the law, and not just any law, but the laws of land ownership, which undergirds the entire system of capitalism, according to economist Hernando de Soto. What you’re doing when you change the law of private property rights to benefit one class is to bend capitalism into oligarchy or feudalism.

Tim Geithner went on CNBC today and said that the Administration is getting right on the whole “prosecuting the people who defrauded the economy” thing.

British newspapers are often sensational and sometimes wrong on big issues, so take this with a grain of salt. But the Telegraph reports that European leaders are constructing a “multi-trillion” euro plan to deal with the banking crisis that has gripped the continent. I very pointedly say “banking crisis” because we should wean ourselves off calling this a sovereign debt crisis. The sovereigns are the pass-throughs to European banks which made bad bets and still never resolved them from the financial crisis of 2008. That’s the problem being solved here:

Treasury Secretary Timothy Geithner forcefully denied the claim in a book by Ron Suskind that he ignored a request from the President to work up a plan to dissolve Citigroup. He further added that the entire theme of the book, about infighting in the White House over economic policy issues, bears “no resemblance to reality.”

Tom Miller’s feewings are huwt. He doesn’t like how he’s being portrayed by those who have actually taken a look at how he’s been handling the 50-state “investigation” on foreclosure fraud. And he’s having his top deputy defend him to major media.