Protest | FORECLOSURE FRAUD | by DinSFLA

Tag Archive | "protest"

Keep Wall Street Occupied, Get Creative

Keep Wall Street Occupied, Get Creative


A fast, easy, free, and non-violent way to drive the big banks out of their greedy little minds is sitting in your mailbox right now. You just don’t know it yet.

Funny, I personally was told about this a few months ago. This woman was getting 2-3 of these mailers from the same institution each week. She told me she did this! Brilliant!

 

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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NYC Transit Union Joins Occupy Wall Street

NYC Transit Union Joins Occupy Wall Street


Now will you look at this, Soon Wall Street will begin to see the impact the college students are making at their door steps. Don’t under estimate the power of the people! They are spreading like a fierce wild fire.

I can tell you from experience it’s not easy spreading the word, “trying” to stop corruption and greed, it takes a team of bloggers, sacrifice, determination, long long hours, organization and most importantly… we count on YOU to continue to spread our blogs like …wild fire.

We did this together.

HuffPO-

New York City labor unions are preparing to back the unwieldy grassroots band occupying a park in Lower Manhattan, in a move that could mark a significant shift in the tenor of the anti-corporate Occupy Wall Street protests and send thousands more people into the streets.

The Transit Workers Union Local 100’s executive committee, which oversees the organization of subway and bus workers, voted unanimously Wednesday night to support the protesters. The union claims 38,000 members. A union-backed organizing coalition, which orchestrated a large May 12 march on Wall Street before the protests, is planning a rally on Oct. 5 in explicit support. And SEIU 32BJ, which represents doormen, security guards and maintenance workers, is using its Oct. 12 rally to express solidarity with the Zuccotti Park protesters.

[HUFFINGTON POST]

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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Matt Taibbi on the evolution of the #OccupyWallStreet protest

Matt Taibbi on the evolution of the #OccupyWallStreet protest


Via: Current

Keith and “Countdown” contributor and Rolling Stone contributing editor Matt Taibbi discuss how the current Occupy Wall Street protest could sprout a much larger movement for reform. Taibbi also compares the media coverage of this protest to the coverage of the tea party.

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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Photos: Airline Pilots Protest on Wall Street Tuesday, September 27, 2011

Photos: Airline Pilots Protest on Wall Street Tuesday, September 27, 2011


Simply Amazing! Now if we can only get these Pilots & USPS to team up with #OCCUPYWALLSTREET and … create beautiful music…

Denver Post-

Over 700 hundred Continental and United pilots, joined by additional pilots from other Air Line Pilots Association (ALPA) carriers, demonstrate in front of Wall Street on September 27, 2011 in New York City.

[DENVER POST]

(Photo by Spencer Platt/Getty Images)

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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Michael Moore on Wall Street protests: “It’s going to spread across the country”

Michael Moore on Wall Street protests: “It’s going to spread across the country”


Some eventually will wake up too late.

Filmmaker and author Michael Moore was a guest on “Piers Morgan Tonight” this evening, and he talked about the “Occupy Wall Street” protest, 2012 politics and more. “I do well,” Moore told Piers Morgan. But: “We reward people for making money off money, and moving money around and dividing up mortgages a thousand times over, selling it to China…and it becomes this shell game.”

Of the current state of the America: “None of the major religions, in fact they all, say it’s one of the worst sins you could commit, is to take such a large piece of the pie while others suffer.” And of the Wall Street protests: “It’s starting. It’s down there right now on Wall Street. It starts with the young people…it’s going to spread across the country.”

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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LIVE STREAM: OCCUPY WALL STREET

LIVE STREAM: OCCUPY WALL STREET


Occupy Wall Street: Protests Continued Below…for live stream

 

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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Ask Goldman Sachs to Give it Back! RALLY AT THE TREASURY 6/7/2010! HUFFINGTON POST

Ask Goldman Sachs to Give it Back! RALLY AT THE TREASURY 6/7/2010! HUFFINGTON POST


WE WANT A REFUND!

Cenk UygurHost of The Young Turks
Posted: May 24, 2010 06:44 AM

Sometimes when you explain to people that some of the most complicated financial transactions in the country were just side bets, they don’t really believe you. They think it’s an oversimplification. We couldn’t have wrecked the global economy because some people made side bets. These are sophisticated bankers with sophisticated financial instruments, so it must be more complicated than that. It isn’t. They bet one another, whoever lost got paid by the American taxpayer.

To be fair, sometimes they had the money to pay off one another without government bailouts, but not often. That’s because they were largely betting with money they never had. AIG is the perfect example. Their executives made hundreds of millions of dollars in bonuses from the early wins in these bets, but then stuck the taxpayers with a $182 billion bill when they lost.

A credit default swap is when you bet that a certain asset is going to default. If you’re wrong, then you have to pay a little bit. If you’re right, you get paid a ton. So, AIG collected a lot of little winnings when they bet that mortgage backed securities would not go into default. But then when they did go into default, they lost big.

So, what does all of this have to do with us? Well, Hank Paulson, Tim Geithner and Ben Bernanke in their infinite wisdom decided that we should pay AIG’s bets for them. Did they go back and take the money the AIG executives got for their earlier so-called winnings? No, of course not. Did they even inquire into whether these bets were on actual assets that the other parties were on the hook for? Apparently not.

Let me explain that more. If you bought a package of mortgage backed securities and wanted to insure it in case anything went wrong, that’s a fairly normal derivative. That basically works as insurance for your security. So, if we paid off people who actually owned those securities, it still wouldn’t be right in my opinion but it would be a lot more understandable. The argument would be that it would destabilize the economy too much if all of the people holding the mortgages all of sudden lost most of their value.

But what if they didn’t hold the mortgages, they just bet on them? That’s like the difference between bailing out the Dallas Cowboys to help the local Dallas economy versus bailing out bookies who bet too much on the last Cowboys game. The latter is what we did with AIG. We paid off people’s bets for almost no reason.

I explain all of this because it’s very important that you understand that when we paid $62 billion to AIG “counterparties,” we weren’t saving the economy, we were paying off the bookies. The money we gave them didn’t go toward saving one house or one mortgage or even a package of mortgages or even investors who bought the packages of mortgages. It went to paying off people who made side bets on the mortgages (and even sometimes put down bets on a made up collection of mortgages that didn’t even exist in the real world called “synthetic” collateralized debt obligations).

This is insanity. When you understand what really happened, you have one natural reaction – I want my money back. It’s like we paid Donald Trump for a bet he made against Steve Wynn. Why did we do that? I don’t give a damn if The Mirage or Caesar’s Casino won. Why did you pay them with my money?

So, we’re now starting a campaign to get our money back. I’d love to get the whole $62 billion paid out to the AIG counterparties (let alone the whole $182 billion we’ve sunk into AIG all together). But, we’re going to start out nice and modest. We’d like to have Goldman Sachs pay us our $12.9 billion back that they got from AIG.

That’s all taxpayer money. All of it went to Goldman for some silly bet they made with a buffoonish company that never had the money in the first place. As “sophisticated investors” they should have realized that AIG never really had the cash to pay them.

It’s like making a million dollar bet with your deadbeat friend. Do you really expect to get paid when he doesn’t have ten bucks to his name? How sophisticated can you be if you don’t even realize that your counterparties are broke? So, sad day for you, you made a bet with the wrong guy. That’s capitalism, baby. Go home, lick your wounds.

Except as we all know, that’s not how it worked out. Instead the former CEO of Goldman Sachs, Hank Paulson decided to give them the money anyway, from the United States Treasury. Paulson had made $700 million dollars earlier when he made the same kind of deals as the head of Goldman before he became our Treasury Secretary. Not much bias there, right?

So, other than this enormous conflict of interest, why target just Goldman Sachs? Many reasons. They were one of the largest beneficiaries of this “backdoor bailout” from AIG. They were the ones who set up many of the securities in the first place. In fact, they sold $23 billion worth of this junk to AIG (they’re lucky we’re not asking for all of that back).They set them to blow and then bet against them. And they said they didn’t need the money away. Great, then we’ll take it back please.

Yes, they actually said they didn’t need the taxpayers to pay them. They said many times on the record that they were “properly hedged” and that they could have gotten paid off by other companies and didn’t need AIG to pay them. Fantastic! Out with it. We’re going to be generous and not charge much interest, so we’ll take a check for $13 billion made to the United States Treasury.

I’m not kidding. We are going to start applying pressure to both Goldman and the Treasury Department to return that money to its rightful owners, the American taxpayer. Of course, we need your help. We want everyone across the political spectrum to put pressure on the Treasury Department to ask for that money back and for Goldman to give it back.

I invite conservatives, libertarians and tea party activists to join us as well. Don’t you want your money back? Weren’t you angry about the bailouts? Don’t you have a sense that the people in Washington and Wall Street are screwing you? Well, this is how they’re doing it. Time to stand up and fight. Tell Goldman not to tread on you.

To show you how nonpartisan this is, the first protest will be aimed at one of the one guys most responsible for this atrocious decision – Tim Geithner. He is our Treasury Secretary and should be fighting for us and not for the bankers. He can fix his original mistake (he was at the New York Fed when they decided to give these backdoor bailouts at a hundred cents on the dollar when no one thought they were worth anywhere near that much) and get our money back from Goldman.

I have a question for the tea party participants, have you ever wondered why you’ve never protested the one guy in the Obama administration most responsible for the bailouts and the economy? That’s the Treasury Secretary. And the reason you’ve never protested him is because the corporate front groups who organize your protests love Geithner and want to look out for him. Isn’t it time you corrected your mistake, too?

Come join us. Let’s do a real protest of the people who caused this mess in the first place. And let’s get our damn money back.

Join us on Monday, June 7th at noon in front of the Treasury building to demand our $13 billion back from Goldman Sachs. First job is to get Geithner to recognize that he should have never given that particular money to that particular bank for that particular transaction. Or to come out and justify his actions. Let him step out, greet us and tell us why it was such a smart idea to pay off AIG’s side bets with Goldman. I’ll be looking forward to that.

And I’ll be looking forward to seeing you at the protest, no matter what your politics are. You can RSVP by going to the Facebook page for this event. See you there.

Join the Protest Here

UPDATE: Progressive Change Campaign Committee has joined our effort now and we are doing a joint petition to get our money back. Please sign the petition here so your voice can be heard on this even if you can’t make it out to the DC protest.

Everyone in the country should be able to agree to this. I was just on the Dylan Ratigan program on MSNBC and even the conservative on the panel agreed. Sign the petition and help get our money back.

Follow Cenk Uygur on Twitter: www.twitter.com/TheYoungTurks

Posted in cdo, concealment, conspiracy, corruption, FED FRAUD, federal reserve board, foreclosure fraud, goldman sachs, RON PAUL, securitizationComments (0)

*CHILLING ENDING* Keith Sadler Foreclosure Resistance LIVE 05/07/10 03:28AM

*CHILLING ENDING* Keith Sadler Foreclosure Resistance LIVE 05/07/10 03:28AM


WELCOME TO THE NEW USA

Please come together and help this family out if you are in the area. They did not deserve this nor does anyone else.

They called this home for 20 years.

[youtube=http://www.youtube.com/watch?v=qIyfnGxS29A]

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