Foreclosure Propaganda Continues

Last evening while browsing the internet, I came upon an article that was written addressing the foreclosure situation, and listed the top ten states with the highest foreclosure rates for February.

This article was written by a site know as "24/7 Wall Street" which took a few positions that seemed rather self-serving to Wall Street, to say the least.

It represented that "nine of the top 11 states with the highest foreclosures" were judicial foreclosures states, because of the amount of time it takes for the banks to foreclosure with the complexities involved.

Contrary to most of the reports in the mainstream media listing the states with the highest foreclosure rates thus far after this five year federal and state taking of American's properties, which lists Nevada, California, Arizona, Georgia, Utah and Florida as highest (the majority of which are non-judicial foreclosure states), 24/7 Wall Street's list was as follows:

Florida
New Jersey
Illinois
Nevada
New York

Why the discrepancy, and spins on judicial vs. non-judicial foreclosures?

I can only assume 24/7 Wall Street has an agenda, that is certain.

It is no surprise that Nevada is on both lists. The loss of jobs in the gaming industry, particularly, has resulted in many Americans living in that state to lose their homes when they were unable to keep making those payments.

Vegas is hurting, since in a bad economy few people have much money for entertainment or gaming. And the glitz of Vegas is somewhat off putting to many Americans to begin with.

Florida either.

Since many of the retirees have seen their Social Security payments cut or those cost of living increases delayed. And with many also in the tourism industry, another hard hit during this recession, high foreclosures would only stand to reason.

But it is rather doubtful that the new figures have anything to do with judicial foreclosures states having higher rates.

Simply that those states are now catching up due to the still joblessness of many Americans, high cost of housing there, and fact that since there is a longer foreclosure process and time between serving notice and the banks taking of the home, five years later those states would be catching up to the non-judicial foreclosure states, such as Arizona, Nevada, California and Georgia, that for the past five years have led the lists.

At least with a judicial foreclosure, an American homeowner would have the fundamental right to request a jury determination under our Constitution, if he has any investment or equity in that home whatsoever.

And place his case before his fellow Americans.

Not so in those unconstitutional non-judicial foreclosure states.

And guess who will be the largest beneficiary of the recent settlement Mr. Obama announced over the mortgage mess and foreclosure abuse which has transpired the past five years?

The states.

That's right.

It was the states that actually "settled" with those banks - of course, after being fully aware, I'm sure, of the illegal lending practices which were going on in their states for literally decades.

Of course, mortgages backed or underwritten by Fannie Mae and Freddie Mac are not included in this "settlement."

The feds have indemnified themselves it appears, since Fannie Mae and Freddie Mac were, after all, created by Congress.

What corruption.

And definitely appears the American people aren't buying.

Either this latest settlement, and that piddly $2,000 the states also negotiated for their now homeless citizens.

The market isn't rallying in any fundamental way.

Unless those states plan to sell those homes to all the foreigners and immigrants they continue to request under those state resolutions to take also those "jobs Americans don't want."

You know, all those Canadians buying winter homes in the Sunbelt states at bargain basement prices, or East Indians, Mexicans or South Americans under those free trade agreements and visa waivers...

Adding Insult to Injury: Obama Settles With The Bankers

As one who was affected by the mortgage banking crisis (and other unconstitutional property "laws") in my home state of Arizona way back in 2006, I was amazed to hear this afternoon that Barack Obama held a rather large news conference in order to announce that the federal government has come to a "settlement" with many of the major banking concerns (primarily located in the West) whose practices led to the loss of untold thousands of American's homes these last five to six years.

First of all, I'm scratching my head wondering just where in the Constitution it affords a president to act as a lawyer on behalf of the American people in this "class action?" It does seem rather odd to me, and don't remember a time in our history when a President has exercised such "authority."

Prosecuting and putting some of those individuals sitting on those Boards of Directors or CEOs and CFOs in jail for a very long while on charges of fraudulent lending practices, or other clearly criminal charges, yes.

But engineering a settlement outside Congressional authority even?

Just where is that duty of office in our Constitution?

It was bad enough when during the honeymoon phase of Mr. Obama's presidency he appointed the former CEO of Countrywide in charge of negotiating refinances for homeowners who were still in danger of losing their homes back in 2009.

Part of the terms of this deal is the payment of a few billion in fines, which apparently is going to be earmarked to offer to homeowners who were foreclosed on "inappropriately" $2,000 as repayment for the loss of their home.

More money also will be set aside for refinancing.

Of course, if the terms of those loans remain the same as the ones which led to this travesty I just wonder how this is going to help most of those homeowners who are still receiving those foreclosure notices.

If non-judicial foreclosures remain the rule of law in many states throughout the nation, just what power does the average homeowner in default due to the continuing joblessness and piss poor economy have against the banking industry still, and their lawyers?

Let me get this straight.

The Federal Reserve who owns all of these banks (created by Congress) poured billions of dollars into these banks during the bank bailouts in 2008-9, which was to be used to ease up credit (which never really happened, but simply afforded the big box banks to buy out the smaller banks) - and now Obama has orchestrated the return of SOME of those monies in order to pay to fund more refinances, and payment of $2,000 to those for which it is "too late" and lost their homes this past five years.

Don't get me wrong. Mr. Romney's "solution" of letting the foreclosures hit bottom so that investors or corporate limited partnerships can scam some of those hot properties for rentals was far, far worse.

Talk about socialism and shifting the wealth around to the politically fortunate.

But I guess it played well for those in the Beltway in the room when he made this much publicized announcement.

But seems to me the current market conditions and all those still empty homes across America are demonstrating a vote of "no confidence" on Main Street.

Banks Issue Flurry Of Default Notices to Homeowners in August

It was reported in the mainstream media that the banks have begun issuing a flurry of default notices to homeowners in August.

So much for the pleas by the President to arrange to work out refinances or better lending terms with the literally thousands of homeowners still who are facing foreclosure, especially in the Southwest, West and Florida, after the latest Washington manipulated boom and bust cycle in which many homeowners were forced into refinances under those "teaser" loans, or even British banking rate terms such as the LIBOR London interest rates.

I guess the time for understanding, or even compassion or integrity has passed.

Gee, I wonder if this has anything to do with Obama's proposal to turn bankers into landlords, and let them "lease out" those properties they are ready to foreclose on to the homeowner who has been scammed out of his property by this boom and bust wave, and the increasing costs of ownership which have also rise far above the cost of living, including in those states with all those property taxes.I wonder just why those banks would be now moving more quickly to initiate those foreclosure actions - to threaten those homeowners into those "lease" agreements, whatever THEIR terms might be?

This should really stimulate the home buying market for those few still in the market to buy into these "New Age progressive" loans and loan terms...

The Obama Solution: Lenders As Landlords

This past week there was a news report released by the mainstream media that Barack Obama has arrived at a solution to "solve" the mortgage crisis and foreclosure mess, especially in the hardest hit states of Arizona and Florida, by turning Freddie Mac and Fannie Mae, the mortgagee on a great many of those properties, into landlords.

It was also reported that input into this proposal by the public would be accepted until September.

Instead of actually addressing the true problems and just why the housing market isn't rebounding with the public expressing their free market dissatisfaction with the manner in which most of those properties are sold, with overly restrictive terms and conditions on those loans, and at usurous rates at that, the Obama Administration's agenda appears to be to corner the market on private land and home ownership in this country.

Or shift those properties over to all those investment groups so that all land is eventually "corporately" owned, and "managed".




The greed of the banks and the foreclosure industry at this point is truly incredible.

And make no mistake about it, in both Arizona and Florida the foreclosure industry is very big business, and both states have a very long and illustrous history of land and real estate fraud.

Just imagine all those LLCs and limited partnerships of doctors, lawyers and other high income individuals who will eventually purchase those bargain basement mortgages on entire developments if this "suggestion" becomes law.

Gone will be all private land ownership in this country eventually, as has been the agenda it appears with the progressive agendas of placing management companies and lawyers in charge already of large developments under those covenants already sold with homes in which "homeowners associations" throughout the nation have become the norm. Where the freedom to even paint your home the color you wish, or make improvements now involves a "corporate" or "committee" decision of your neighbors, or the non-owner management companies.

I wonder, just why are Americans turned off at this point with purchasing a property only to find out they truly have no "ownership" rights to speak of in any manner whatsoever.

And just why was this "announcement" buried by most news readers and reporters, when it has such monumental impact with respect to its "legality?"

And all appearances to the contrary, the Democratic Party is clearly as "corporately" focused as Mr. Romney's definition of "people," only this time fundamental private property rights and ownership rights are the targets to this Administration.

Placing them now under banker's control as the "landlords."

So THIS is where all that stimulus money will eventually be spent? Purchasing all the land and homes of Americans also now affected by failed governmental policies who have lost their jobs, and will now be losing their homes to the banker landlords?

When many of those banks who offered those Freddie Mac and Fannie Mae loans are controlled by foreigners through their stock ownership?

Outrageous.


If you agree that this is outside the intent for private property ownership, with banks not as lenders but as landlords, contact the Federal Housing Financial Administration at FHFAinfo@FHFA.gov.

Goldman Sachs Passion Play Misses The True Crime

While the entire even minimally politically aware citizenry of the United States is on overdrive due to the far-reaching events of this past week with respect to the war zone conditions that are more than apparent in the border states and particularly Arizona over the illegal immigration situation, with those on the East Coast per a Saturday Night Live News segment slamming the state, while being totally ignorant of what actually led to the actions taken by the state government to begin with, there has been more afoot on the Eastern Seaboard.

Such is the insulation in this country, and lack of a national identity at this point that those not directly affected by the porous southern borders and drug cartels doing business cross borders almost unimpeded for the past thirty years, have once again attempted to minimize the impact on those victims, rather than putting pressure on the federal government to actually do their jobs and get our southern borders secured FOR ALL.

This week, however, another drama is being played out in the media which also majorly impacted those living mostly in the West and Southwest and Sunbelt states (the states with the continuing foreclosures, which are increasing by the month) and that is the hearings being conducted over the Goldman Sachs securities fraud.

Little connection, however, or reporting has been forthcoming insofar as just who were the actual true victims in the Goldman Sachs fiasco.

And it was not primarily the investors of those CDOs which were pawned off on them by Goldman Sachs knowing full well that those collateralized loans were junk, and that one of their major clients was hedging their bets though derivatives in the process.

After all, Goldman Sachs is the Cadillac of investment houses and most of their clients are not neophytes but savy investors, or at least minimally aware of risk when making some of those investments.

I mean, these investors were playing the market, after all.

In fact, there are quite a number of Goldman Sachs investors who, I'm sure, invest for the tax writeoffs they receive for losses on some of those investments.

Although mere disclosures also of the risks for most of these investments is clearly inadequate for many, due to the legalese with which most prospectuses and other investment documents are written to begin with.

And selling your investors down the river for a favored investment client firm is not good business practice, nor is it legal in the sense the founders intended irrespective as to whether or not there are codified laws allowing mere disclosure as a protection for these huge Wall Street banking firms in order to mitigated their potential losses since Wall Street is pretty much left alone by the SEC and Congress more and more while the investment grades and risks are becoming greater and greater, for the average American individual investor, that is.

In fact, I would simply state that Goldman Sachs had a huge ethical problem, and conflict of interest actually, in order to win favor with one client at the cost of so many others and can not understand for the life of me just how that would not have been in violation of at least several SEC or United States Code provisions.

But the true victims actually are the American homeowners mostly in the West and Southwest who were sold most of those bad loans which Goldman Sachs has admitted full well knew were bad while they were unloading them.

People who were first time homebuyers, or who were forced into refinances in those states due to the rising costs of ownership during that very short boom cycle, many of whom also were owners of homes during a similar scenario involving Charles Keating in the 1980's - who was selling risky investments to elderly retirees in also the West and Southwest and who ended up losing their homes and everything they had when Lincoln Savings & Loan went bust.

Many of these risky and bad CDO's were also guaranteed by Freddie Mac and Fannie Mae.

We all know what happened then since it is and has been the American people who are also bailing out those two entities, all for Goldman Sachs' investors, since the homeowners whose loans were involved and their interests are far down the list and in which at this point for many actually have no underlying debt, as it were, since they were resold.

AND the American people were billed for cash advanced literally in the millions directly to Goldman Sachs (a part owner of our own Federal Reserve actually, according to several reports), so actually it appears Goldman Sachs was using Congress to write themselves their own checks, while billing then those costs to the American public at large on their investors behalf.

And yet it is and was the American homeowners who are still being threatened by these banks and lenders in bed with thsoe Wall Street wheeler dealers and Washington, and few have been able to refinance under more favorable terms since Congress has yet to address the actual terms of those bogus contracts to begin with.

In fact, most of Congress and Obama's attentions have been in attempting to hawk refinances instead to get more and more Americans, it appears, into some of those bogus loans in order to use to pay back some of these investors, apparently.

Or for those "new" jobs created in the mortgage industry of now "mortgage counselors" to settle those debts with those investors by renegotiating the terms of those loans as the middle man with those homeowners, weighing the cost/benefit against foreclosing on the property and reselling it as to which would get those investors and those banks affiliated with Freddie Mac and Fannie Mae more.

Many of those loans, of course, were sold through California lenders which were not even based on the U.S. currency, but on the British LIBOR rates.

In the banking industry, the connections between New York and Wall Street and California and those mortgage bankers is strong.

After this week's bust and play acting by the Senate with respect to any true financial sector/Wall Street reform, I'm wondering when those in Washington will get around to addressing the fallout to the true victims of this passion play.

The American people, and mostly those American homeowners in the West and Southwest which New York and its brash comedians maligned in a roundabout way once again last Saturday night.

Watch Washington give Goldman Sachs a lengthy tongue lashing, as what occurred today by selected Senators needing some face time with the media for the upcoming elections, and then purportedly levy a heavy fine.

While the true victims continue to lose their homes, jobs and even lives in the West and Southwest due to Washington's continued political maneuvering protecting the bankers and appeasing the foreigners while raping the citizenry.

Washington Facilitating Foreign Leveraged Buy-Out Of American Assets?

For Any And All Conserve-ative Americans (not Global Socialists):

Due to many recent events, and some independent research I have done on my own rather recently as a now political refugee in stateless exile from the State of Arizona due to the ramifications which have progressively occurred to many long term residents and former natives in the loss of their homes, jobs and very state to an invasion now that is occurring from Mexico with the federal government's explicit support (hence, twice attempting to provide a "pathway to citizenship" and also amnesty for Mexican nationals in this country presently), and other rather recent legislation that was foreigner friendly at the cost of Americans, it is long overdue in asking some fundamental questions.

Is Washington purposely facilitating a leveraged buyout of American assets, in corporate speak.

After the truth of the bogus "foreclosure rescue" scams have now come to light more and more as throwing money at the Federal Reserve bank branches that were primarily responsible for writing some of those overly restrictive, and high cost "low interest" or "interest only" loans (when many were loaded with junk fees and costs also on the front end) as being nothing more than using those banks to "buy down" those investor's debts in order to then flip those properties for more banker revenue, the MO in Washington is becoming clearer.

Those homes now are being depressed to the point that if Mr. Obama (as Mr. Bush) again pushes for an amnesty, some of those properties taken from the existing Americans who were raped of much of their assets, and now with credit reports precluding any new home purchase for at least a decade, that it will be those "new" Americans that will be seeking some of them.

Who, of course, won't speak very fluent English and thus prime patsies for the next economic manipulation and depression in the next 20 years under those now 40 year loans. That has been the case since this is the third such manipulation in the Southwest in 30 years. First in the 70's, then during the savings and loan Keating disaster, and presently.

Right now, foreign investors own a great deal of stock in some of America's foremost industries, some outright now such as China and the Hummer Division. And even a great many of the American public utility companies, believe it or not, when Washington and the state governments afforded those "public" corporations then to privatize.

Even our nuclear power plants at this point, since Palo Verde in Arizona was privatized after the ratepayers were promised the moon in reduction of utility costs in order to "go green" and go nuclear.

After which, rates skyrocketed then to provide for those foreign investor profits, since their currency also was then higher than our own due to Federal Reserve manipulation.

Which is, after all, owned by the European and British banking cartels.

Interesting enough also, while then homeless yet also concerned for the somewhat declining health of my elderly parents who live outside New Orleans and were evacuated for both Katrina and Gustav recently, and as a now struggling artist and photographer I visited the French Quarter while I was there for an extended period of time during which time my mother suffered two heart surgeries for blockages in her arteries by a South American heart surgeon.

As having both a public and private supplemental plan provided by AARP, the corporate practice to which he belonged failed to check for a blockage when her blood pressure was off the charts and did relatively nothing insofar as testing basically until she eventually did suffer the inevitable.

At that time I also had a chance to visit the still recovering New Orleans greater metropolitan area.

And made a visit to the French Quarter, which I had visited on former trips with my family since my extended family has lived there over 30 years.

The area is still struggling and rebuilding. Mostly with federal contractors hiring illegal immigrant labor for much of the construction, and has it own now Hispanic Chamber of Commerce in order to promote their agendas and welfare.

And the homes which were built on the only really habitable land there in the French Quarter which was surveyed by those original settlers and chosen for their settlement as a port on the highest ground available, are still standing and suffered relatively little damage due to the degree of construction used by those original inhabitants. And of course also built on the highest ground near the Mississippi.

Many are now listed for sale mostly by a British real estate firm, Sotheby's of London, and being marketed to mostly British and Candian citizens.

In fact, I ran in to several of them while walking through the Garden District taking some photographs.

Due to the differences in accents, it didn't take a formal statement of country of origin. Some of the licenses and identifying personalized stickers on their vehicles also were in plain view.

And the most famous "new" American who now owns a good deal of our media and internet news sources is also a former Brit from Australia, Rupert Murdoch.

And bringing his British style of reporting and political agendas with him in the process as not really also assimilating to this country, but attemping to make it more like his own.

So for all you foreigners wishing to leave yours in the belief that America still stands as that beacon of freedom and liberty, and land of opportunity in order enjoy the fruits of your labor, and lower taxation I have news for you.

The British won the war, apparently, without most of the American public being aware, and without firing a shot.

They simply bought our bank. And have progressively also been buying up most of our valuable real estate.

Including those homes now being lost that you hear about on your news in the Southwestern United States for the Mexican nationals, and Canadian retirees.

Who, of course, will be the next victims in this global pyramid scheme.

Obama's Foreclosure Rescue Plan Merely Sophisticated Global Pyramid Scheme?

In light of all the news recently carried in the mainstream media reports of all the homeowners that are now being stalled, waylaid and denied sums under Obama's much ballyhooed "foreclosure rescue" and with all the monies thrown at these banking institutions and "new jobs" for those greedy realtors and ex-mortgage banking officials now restructuring or counseling some of those victims, it appears to be time to take a step back and probe a little deeper into the hows and whys of this situation.

Is there another agenda here that is the true goal in these continuing outrageously escalating actions coming off the Hill?

While many of these homeowners are awaiting word and the processing of their applications, the banks are continuing to collect those outrageous sums that were in some of those loans marketed which were at sub-prime and interest only flex rates and that are the subject of the bulk of the type of offered in the last ten years primarily, and under terms most of those homes have been or are in foreclosure.

Tacked onto most of those loans were significant late fees for late payment, processing fees, reappraisals, junk fees which are once again now being collected against those homeowners in these restructurings while they are "pending.".

Of course,literally hundreds of thousands have and had already lost theirs when this downturn and tsunami began back in 2006 for real.

Another 300,000 in July according to RealtyTrac also saw their homes go on the auction block, and Bank of America, based out of California (one of those who received a massive amount of those bailout sums) reported it has only renegotiated 4% of its existing loans that were "at risk."

The head of Countrywide Loans, also based out of California and "assumed" by Bank of America under the terms of bailout (with Bank of America then being "assumed" by Merrill Lynch, a Wall Street investment house), was placed in charge of renegotiating those loans, and would assume that he is the official reporting on the Bank of America stats.

Interestingly though, Merrill Lynch's name has been kept for the most part out of this process.

Most of those subprime offerings were rebundled and resold over the stock exchange, many to foreign investors. Washington, of course, afforded Wall Street to "globalize" the U.S. economy with that of other nations progressively, so much so that now when an earthquake strikes in the Far East, the economic impact is felt now in Middle America.

Compromising in so doing the U.S. economy and American citizens economies also progressively in the process.

All of these "economic forecasts" with respect to the economy that the Fed releases, and those economists on Wall Street on the mainstream media networks that have been reporting recently that economic indicators are looking more "hopeful" are evaluating those economic indicators with respect to the global economy and not the U.S. economy at all.

So when they predict that this economy will "rebound," they are speaking of the world's economy - not the United States or average Americans.

In fact, it is the average Americans now in the loss of their homes and jobs that are being asked to sacrifice now in the name of "global socialism" of this economy for the Wall Street bankers most of all and global stock exchange, not simply Wall Street and the NYSE.

And, of course, also by our own Federal Reserve which is owned by several prominent European banking houses since these debts are being added and "billed" to the U.S. and America in order to "stablize" the global economy. Americans now eating the debt for foreign investment bankers across the globe.

At this point a fundamental question thus must be asked: Could this be simply a rather sophisticated Federal Reserve/Washington pyramid scheme along the lines of Bernie Madoff?

These renegotiated loans and loan terms which even are being executed from all reports are similar to the old ones. Not fixed, low interest loans. But flex adjustable or "interest only" ones, along the same lines as the old ones. Some still are being based on the European markets LIBR rates and not that much ballyhooed "zero interest" Federal Reserve "prime" rate at all you keep hearing about in order to pump up the Fed's image with Americans.

It is also clear another fundamental question needs to be asked in light of all these reports now on the "stalls" after pouring literally billions into those Fed branch banks in order to assist American homeowners "at risk."

Are those banks really actively attempting to save these American homeowners from losing those properties, or merely acting as "agents" for Wall Street and Washington in renegotiating or "buying down" some of the foreign investors who bought some of those securities, while continuing to collect those outrageous sums and fees from American homeowners while, for all intents and purposes, those banks ultimate aims are to simply score a piece of real estate for the bank then future profit and gains in the turnover or flipping of them?

And in satisfying some of those foreign investors who invested in these rebundled "risky" investments in the first place, are these banks under that bailout bill which was sped through Congress so quickly last September offering "shares" of these American banking interests in satisfaction for their investment, thus the aim truly is further amalgamating our economy with that of the world in shares of now even U.S. banks owned by foreign interests with Washington's complicit and express consent outside Constitutional authority and thus treason of it?

It is clear that the founders in fighting a war to break free from foreign dominion and control in that War of '76 established a "union" of soveign states and our economy was never intended to be merged with the global one to begin with in any manner whatsoever as a sovereign nation established for just such purpose -sovereignty over foreign dominion and control

In effect it appears clearly that Washington is using those banks which they continue to claim are "private" banks although publicly owned and branches of our governmentally created Federal Reserve in order to secure America's position in Earth, Inc. and also in what appears to be the ultimate aim of a totally merged global economy and in effect then world government in the process?

What is also interesting now to take note of also due to news coming off the Hill is where 77% of those foreclosure actions are located, and which banks were involved in marketing in those states. The top five states on the list just so happen to also be border or Sunbelt states whose primary industries are tourism, both domestic and global.

All have also had significant increases in local taxes and insurance rates which have skyrocketed due to the massive costs of the illegal immigrants who also live within those states and for which those states citizens have been subsidizing since the last Reagan amnesty in the 1980's.

Due to the focus on tourism as a state industry, that industry is one of the primary employers of those illegal immigrants for those resorts, restaurants, casinos and developers who prefer hiring this cheap labor in order to skirt around the added costs that are involved in hiring Americans due to withholding taxes which are mandated to be withheld for Social Security, unemploment compensation and the like.
And a host of other regulatory provisions on the workplace and license standards that are required for those in the construction industry, another major industry which hires and prefers this cheaper labor.

Is it the intention of Washington to then, after force feeding another illegal immigrant amnesty as appears is now also another of Obama's plans even after the American people had spoken loud and clear in 2006 under the Bush Administration with respect to this issue, in manipulating this crisis and forcing prices of homes in those states down now for over three years the purpose to then have available a great deal of housing in order to resell by those banks or "flip" at such time and after those banks raped lawful Americans during this "foreclosure rescue scam" for those over 12 million illegal immigrants?

Foisting then off those foreclosured upon properties and subsidized with also taxpayer monies involved (including the tax monies of those foreclosed upon owners) in those still ursurous loans that will then be sold to many non-English speaking newcomers with the legalese and fine print involved that many Ameicans were duped into signing by those banks and realtors for their profits most of all, in order to then set up these "new" Americans for the next wave manipulated by the Fed and Wall Street?

Many of those loan terms are being extended to 40 YEARS for those mostly poorly constructed stucco and chicken wire homes so that in another 10-15 years this cycle will be repeated, as this cycle is no mimmicking that of the 70's recession (although far worse) in their market and currency manipulations for the "global" marketplace playing roulette with people lives and homes in the process for their own amusement and gain?

Bankers make profit when homes turn over, not when citizens actually pay them off. And the greater the turnover rate, the greater the profit.

The Bosnian refugees were given automobiles by the Clinton administration for those mostly scientists who were the bulk of those immigrants taken in at that tiime. Many American children can report on the brand new cars their fellow Bosnian students were driving courtesy of the American taxpayers and Uncle Sam.

It was also reported that over 20,000 deemed "vulnerable" Iraqis have also been taken in during this war. Many of them middle class. And due to the border "drug war" (in name only since our southern borders still remain unsecured eight years after 9/11), many middle class Mexicans have bought a great many of the houses in the San Diego area recently that were part of the original wave three years ago.

Nevada (a high tourism and casino state, and thus a high illegal immigrant employment state) had the highest foreclosures last month and topped the list.

Is this how truly low those in Washington have sunk in order to desecrate the very government the founders fought and died for merely 200 years ago, while waving the flag and claiming how much they "love" America?

Which America are they speaking of - the America of Ben Franklin, Thomas Jefferson, James Madison and John Adams?

Or this new one under a world government more similar to that of Hitler, Stalin and Lenin?

With the people merely the worker bees for the "greater good" of world socialism, and their homes and properties theirs for the taking?