completing the mission
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
It is actually quite simple to fix our nations banking system.
Defund it.
That is what politicians do when they don't like a law.
They simply ignore it and take away it's funding.
If the nations citizens do the same thing with the current banking system the new banking system will take shape.
It is as simple as taking your funds out of all the larger banking institutions and putting the funds into local banks and credit unions.
And if the larger institutions once again try and take over all the local banks then credit unions is the only answer to place funds.
That is the begining.
Then Fannie Mae and Freddie Mac must be disassembled.
All of Fannie and Freddie mortgage securities must be reviewed,new trustees assigned and new servicers assigned to local savings banks and credit unions.
As I previously outlined that many mortgages are void.
and also many mortgages should now be considered non secured debt.
Either way the charades of Fannie ,Freddie and their trustees and servicers must be stopped.
The issuing of currency must be taken away from the Federal Reserve.
Our currency at one time was backed by gold and silver.
It should once again be backed by something of value.
Natural resources at hand such as gold,silver and also a new entity created dedicated to the exploitation of energy resources on federal land and in the oceans.
That exploitation must be done to create equity and jobs.
The new entity will have stock issued and some of it sold and some of it used to back our currency.
This will not replace our current treasury notes.
It will compliment them.
The end result will be very good for our country.
It will fund mortgages at the local level.
Granted we have had inflated housing prices and that will get under control.
Many persons homes will not be the high returning investments like the previous generation had.
You must realize you bought into an inflated housing market designed for wealth redistribution.
And the prices were inflated based on the money generated by the inflation and the false economy inflated by the false inflated equity.
It was nothing more than a balloon of lies filled with much hot air that naturally accompanies lies.
Once house prices have become realistic then they will have appreciative values.
If we do not replace the current banking system then expect the present banking system to continue their stealing and crimes to worsen.
They are trying to spur change and will keep jabbing at you until you obey them , bleed to death or throw them off your back and stomp them.
We can and we will change the corrupt banking system.
We can and we will change the world thru leadership by example.
Lead the way "old salt" and the others will follow in your success.
Happy sailing!
Look at the Bertholds other stock scam PHMB.
I'd say that it was not just a simple box scheme but could be considered a highjacked shell because ABV Gold was dissolved years before the shell was given to the Bertholds.
Why would anybody in their right mind choose to do business with stock scam artists like the Bertholds?I remember a poster thinking that Gary could process DNA orders for court cases.Could you imagine having such a lowlife be given such a responsibility?
Don't you think the failed RS and the lack of more fluffy BS pr's are the result of Gary being called on the carpet by FINRA and the SEC with a private warning of you better cut the crap swabby.
"Earlier in the day, the measure cleared the Democratic-controlled Senate and the Republican-controlled House of Representatives by unanimous consent, a procedural move allowing the measure to pass even though most members of Congress were already home home for the holidays."
That's the same way income taxes came about.
It seems to me you understand very well.
I however would always like to add how the entire act was illegal and designed to defraud the entire world of their investment capital.You know it is quite easy to steal from a fund when the security is being shorted at the same time as the fund managers are causing the pps to go up.And well,reality eventually has it's way.What it is is money laundering.If you have ever researched the REMIC's that were created for the sole purpose of the massive fraud,you would find that very important information is missing.Such as the original 100 investors required by IRS to make the trust tax exempt.Question is,Did the 100 persons ever exist?Or was it just another way to launder even more illegal money?I'll stick with the proven,it's all money laundering!
And the new name of America seems to be the United Socialist Corporate States of The North American Union.
http://forextrading.about.com/od/forexhistory/a/amero_conspiracy.htm
That reality really messes things up,doesn't it?
BRYN may be poised for another P+D,but more than likely it will go trip 0's also.
Seeing as the properties were illegally foreclosed on and cannot legally be sold,then they might as well extract more profit for the perps of the original crimes.Seeing as nobody has stopped them so far.Do you think the public as a whole understands that the criminals laundered their money thru service fees just like the ones they will get to the manage rentals and then get a split from Fannie and Freddie if they can sell later?Mark my words that the sales later on will be direct financed by Fannie and Freddie but will have subcontractors to originate the loans instead of the way the last fraud was perpetrated.But still the REMIC's are unforeclosable.Legally that is!
""Massachusetts Sen. Scott Brown is calling for a criminal investigation of former senior executives at mortgage giants Fannie Mae and Freddie Mac, including one-time Boston Fed chief Richard Syron.
"The recently announced civil lawsuit against a few of the former senior executives of housing giants Fannie Mae and Freddie Mac does not go nearly far enough to achieve justice and accountability for the American people," Brown wrote today in a letter to Attorney General Eric Holder and Securities and Exchange Commissioner Mary Schapiro.""
http://news.bostonherald.com/business/general/view/20111222brown_calls_for_criminal_investigation_of_freddie_fannie/srvc=home&position=6
"I urge the Department of Justice to work with the Securities and Exchange Commission to immediately re-open a criminal investigation into Fannie Mae and Freddie Mac. If the investigation uncovers illegal actions, criminal prosecution should be pursued and people should go to jail."
The number 1 foreclosure myth.
Myth:Underlying mortgages in Freddie Mac REMICS are foreclosable.
Truth:REMIC securities are not foreclosable because only a real party in interest may foreclose on real estate.The IRS requires there to be 100 persons invested to create a REMIC.The REMIC is a vehicle to escape paying taxes.That would make the 100 persons the real parties in interest with a 1% holding each.But then the securities were sold over and over again and the real parties in interest disappeared because the securities collapsed and bond insurance paid investors and the mortgages were written off as a loss to avoid paying taxes.Many mortgages are not even legally collectable let alone foreclosable.Debt collectors buy the distressed mortgages for pennies on the dollar.And the mortgages that were not in distress at the time of the trust collapse and bond insurance pay off could be simply stated that the banks are stealing all that money.But don't worry,they may issue a fraudulant mortgage release after you pay them the money they have no right to.
NEWS FLASH:Registry of deeds all over the country will in the future require back filing of all the assignments of mortgage that did not occur and homeowners will then be left with clouded titles and the evidence to show that their mortgage servicer was merely a pretender lender.
Freddie and Fannie are going to help with the reparations.
http://www.merriam-webster.com/dictionary/reparation
"Reparations (transitional justice), measures taken by the state to redress gross and systematic violations of human rights law or humanitarian law"
Just correct that to systematic violations of civil rights of the 5th admendment
"nor be deprived of life, liberty, or property, without due process of law"
We are paving the road.
Step right up for your reparations folks.
You asked for them and now you can get them.
That is not even the half of it.
How about the fact that all REMIC's created for Fannie and Freddie are not legally foreclosable.
Yes,all of them!
How's them trillions of apples for Robin Hood?
Why don't you just buy one for cash from Fannie or Freddie or even HUD?I did.Why have a mortgage at all?Fannie and Freddie has inventory they can sell for pennies on the dollar.Auctions can be found for some of them starting at $100.Just buy what you can afford for in cash.Then you will see how they try and steal from you at closing.Maybe!
Gary makes 100% with his share sells all the time.
Did he give you some .00005's?Because the next group will need .000025's to keep the cycle going.Maybe you are making some coins still,but Gary always seeks to steal your dollars.And he really needs you to entice others.BUYER BEWARE company and it's stock is controlled by crooks.
It is up to investors to seek civil penalties thru punitive dameges.And Fannie and Freddie to sue the trust sponsors and depositors of the REMICS that were set up illegally.Which by the way were also the big banks ,their merger targets and their subsidiaries.Which by the way are also the big banks that are servicing and fraudulantly collecting and foreclosing on the underlying mortgages that became legally unenforceable due to the actions of those who set them up.Sure lawyers can bring fraud to the courts and have foreclosed on many millions of properties illegally.But then it is the next round of fraud that the agents of Fannie and Freddie continue with in the resale of the illegally foreclosed property.I have been thru that senario also.And I can tell you first hand(as I did with Ed Demarco)that the whole process is a crime right from the methods employed by Fannie and Freddie and ending with their agents(real estate agents and attorneys).What do I know?I am just the Anonymous one who is getting the ball rolling.I will not remain Anonymous.They do not forgive and do not forget.
So they gonna throw us a bone.
The dogs are still gonna hunt and hunt they will.
The subprime issue is only a small peice of what went down.
Check out my man O'Brien.
http://www.salemdeeds.com/accomplishments_NewsStories.asp
http://www.salemdeeds.com/pdf/PressRelease7-29-11.pdf
"Southern Essex Registry of Deeds audit reveals that 75% of Assignments of Mortgage are invalid; O'Brien says banks responsible for an epidemic of fraud, once again urges Attorney's General to stop bank settlement talks"
http://www.salemdeeds.com/pdf/Audit.pdf
"Question 1: Transparency – how discoverable is the true, current owner of a given mortgage?
Findings:
A. Using our forensic tools and methods (typically unavailable to the general public and registry staff),
we were able to trace ownership to only 287 of 473 mortgages (60%).
B. 46% and 47% of mortgages were either MERS registered or owned by the Government Sponsored
Enterprises (i.e., Fannie Mae, Freddie Mac, Ginnie Mae), respectively. Typically ownership of these
mortgages is highly obscure.
C. 37% of mortgages were securitized into public trusts (as opposed to private trusts), which are
typically more discoverable through use of forensic tools and high cost, subscription-based databases.
Question 2: Chain of Title Integrity – how valid (legal) are the assignments of mortgage (instruments that
transfer ownership of mortgage and thus legal interest in property)?
Findings:
D. Only 16% of all assignments examined are valid.
E. 75% of all assignments examined are invalid and an additional 8.7% are questionable (require more
data.)
F. 27% of the invalid assignments are fraudulent, 35% are “robo-signed” and 10% violate the
Massachusetts Mortgage Fraud Statute.
G. 683 assignments are missing, translating to approximately $180,000 in lost recording fees per 1,000
mortgages"
“Exhibit D” is a Securitization Flow Chart which illustrates the typical structure and chain of
title that should exist (but never does) in a securitized transaction. On this point I can attest to the
fact that of the 176 assignments of mortgage I examined where the mortgage was allegedly being
conveyed into a securitized trust, or to the trustee thereof, not even one of them is valid; all of them
are invalid and violate the terms of the Pooling and Servicing Agreements that govern the trust, New
York State trust and other laws, and the requirements of the I.R.S. for obtaining favored tax status
under the REMIC rules."
A creation from the original Willy Wonka movie.
If gary has it then he probably stole it like investors money.
"The STAR program evaluates servicers' capabilities and results and holds them accountable for preventing foreclosures and protecting the interests of American taxpayers,"
What a farse.Convincing homeowners to refinance or abandon their property is more like an honest evaluation.A 5th admendment violation encumbering homeowners properties with clouded titles and committing fraud with illegal mortgage releases and foreclosures.All of the REMICS used to create Fannie securities were created with illegal servicer duties including having the servicers initiate foreclosures that by federal law is an illegal act.A contract cannot be enforcable if it has a party do something illegal.Which equates to the banks that setup the REMICS to be responsible for all investor losses not Fannies.The 1% has to reimburse the 99% when the 99% finds out.I'm gonna show them how to do it.Along with a 100% IRS penalty for not properly transferring the mortgage deeds into the REMIC trusts which they had full control of.I will not remain ANONYMOUS.HAHAHAHAHAHAHA-------!!!!!!!HAHAHAHAHAHAHA-------!!!!!!!HAHAHAHAHAHAHA-------!!!!!!!
They do not forgive and they do not forget.
I already have my fraud research expert with 24 years experience and 73 page testimony.My expert advises attorney generals,courts and other government agencies.It's like shooting partridges in a barrel.Would you like light or dark meat for your christmas dinner?
Scumbags like the Bertholds act as though forward looking statements are to make a claim that something has or is going to happen that is not anything more than a fraudulant statement of material fact.Something the DOJ claims they prosecute.
You would probably need 2 lawyers.A litigator and a securities lawyer or an expert in securities that would supply an affidavit that would assist.I have a case begining that may make use of several lawyers and an expert,I am shooting for supreme court descision.SCOTUS likes to deal with subjects that affect large numbers of citizens.Penny stock scams is one such type of fraud that affects millions of citizens.
Olly olly oxen free !
http://en.wikipedia.org/wiki/Olly_olly_oxen_free
Gary,Gary oh Gary,How about you cancel your golden parachute and all will be forgotten?
Heading back towards reality.
Is FNMA book value still -$94.PPS?
Freddie Mac is a true pinkie.
The best news is old news.
http://www.fhfa.gov/webfiles/22599/PLSLitigation_final_090211.pdf
"As conservator of Fannie Mae and Freddie Mac, FHFA is charged with preserving and conserving these companies’ assets and does so on behalf of taxpayers. The complaints filed today reflect FHFA’s conclusion that some portion of the losses that Fannie Mae and Freddie Mac incurred on private-label mortgage-backed securities (PLS) are attributable to misrepresentations and other improper actions by the firms and individuals named in these filings. Based on our review, FHFA alleges that the loans had different and more risky characteristics than the descriptions contained in the marketing and sales materials provided to the Enterprises for those securities.
FHFA filed the complaints under the broad authority granted to it by the Housing and Economic Recovery Act of 2008. The U.S. legal system provides for addressing such alleged misrepresentations through the nation’s securities laws and traditional common law. FHFA is following those legal remedies in filing these complaints and seeks to recover on losses to the Enterprises that are the legal responsibilities of others."
The POS should still be gutted.
And I see you did not complain about the personal attacks against me.
Some of us stated such things before.
Seems like you are doing your homework pretty well,including the asset search for punitive damages.I have a suit that will probably go forward next spring for a total of 277+ million.One thing about those crooks,they sure have the cash stash.
What on earth does the post you are responding to have to do with politics?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69647558
Its about Fannie and Freddie and the shorting of their stocks by an insider.Much of which had been done.And is a good topic of discussion here.
"This is a board for discussing a publicly traded company."
I am discussing the publically traded companies and all that surround them including my first hand knowledge.
"It doesn't do any good to P&D Freddie, so if someone wants to do it, them let them do it."
This forum is not here to allow P+D's
"If someone wants to object, let them object."
I object
"But keep the personal comments out of the posts. "
So now you are looking to redefine what personal comments are?
My personal comments are allowed here just as you just stated that people who object should be heard as long as it is not me.
And you are wasting my limited responses here,why?
What am I exposing that you are afraid of ?
There has been alot of politically oriented posts from the left in the past at Fannie and Freddie and you did not object to that.
I guess it is just time for FACISM to try and stifle free speech that spreads the truth of the corrupt.
I also have a legal case and am going to stuff it down the throats of those corrupt ones.
Eventually the Bertholds had to admitt they were doing everything wrong.But the golden parachute still exists with no good reasons for others to fill INOL assets cup back up.Looks like a new ramp up for share selling scheme.BUYER BEWARE!
If you bought below that then sell and run far and fast.Many have already done that for sure.Thats really not what you were insinuating though was it?You were insinuating market manipulation EHHH!
If you bought below that then sell and run far and fast.Many have already done that for sure.Thats really not what you were insinuating though was it?You were insinuating market manipulation EHHH!
"Unbeknownst"
To an ostrich all things are "Unbeknownst" to them for their head is in the sand.For Fannie and Freddie it is because they abandoned auditing the MBS's when rampant fraud was discovered by auditors.And covered up by Freddie.Actually Fredddies auditors were the same as Enron's.Go figure.Fannie is in the same boat as to not doing their job in Due Diligence to ensure such frauds are not occurring.After all they are a publically traded company and must comply with such things as GAAP.Which clearly states they should disclose the financial facts that adversely effect their assets.
The Bertholds have no intention and now no ability to make INOL a viable investment.INOL is bloated with debentures for no good reason.And Gary's golden parachute seals the deal to take all money from selling shell.With INOL it is all risk except for the reward of sticking someone else with misfortune.If you enjoy screwing others then INOL is the company for you.
The life you post of is about the pps manipulation that has occured.What else am I to think?
I will wait then and see.Good luck ,though the TA angle seems no less a proper party than the mm's.I have my own court cases to deal with.
Cut it out.
Gary could not even process the single order he took in and had to refund the money.And he seems to not have convinced FINRA to allow the rinse and repeat efffect of an RS.
The only explosive attitude you have seen was a manipulated stock.With that said,it is obvious who is up for that.
I'd say people are just trying to sell shares of this garbage and Gary isn't gonna help no more.The Bertholds got their money up front and will get all the money for selling the shell as per the employment agreement.Which employment agreement is a funny way of stating a contractor agreement.Seeing as Gary and Sharon took their money as contractors.Tractors must be another new term for shareholders.
Some real good reading going on this morning.
http://www.fhfa.gov/webfiles/22596/Final%20Countrywide%20Complaint%20-%20Filing%20Copy.pdf
""Page 11
5. The Registration Statements contained statements about the characteristics and
credit quality of the mortgage loans underlying the Securitizations, the creditworthiness of the
borrowers of those underlying mortgage loans, ""and the origination and underwriting practices
used to make and approve the loans."" Such statements were material to a reasonable investor’s
decision to invest in mortgage-backed securities by purchasing the Certificates. Unbeknownst to
page 12
""Fannie Mae and Freddie Mac, these statements were materially false, as significant percentages
of the underlying mortgage loans were not originated in accordance with the represented
underwriting standards and origination practices"" and had materially poorer credit quality than
what was represented in the Registration Statements.""
"Really confused about why you're even on ihub talking about fnf at all. This is a site for traders/investors, not social activists."
I thought this was a site to discuss publically trade companies and all that surrounds them.
The mortgage discussion is a discussion about the very assets that Freddie and Fannie claim as theirs.It is not my fault you do not know how to perform DD on REMIC's.I guess you should just stick with pumping the common stock and leave the real stuff to those who know.Paulson knew!
http://www.johnpaulson.net/how-to-short-stocks-as-a-portfolio-hedge/
"Alternately maligned and praised, short-sellers often rise to prominence at the height of economic and financial crises—when the bubble bursts and stocks pull back dramatically. In the most recent crisis, the portfolios run by John Paulson’s massive Paulson & Company hedge fund reaped an estimated $15 billion in profits, in part by shorting suspect mortgage-backed securities and shares of the now-absorbed Wachovia and Washington Mutual."
Freddie,the trustees and their servicers are not happy enough to have stolen all the mortgage deed
filing fees,insurances on the mortgage trusts and the money the US government gave them to modify
loans.Now they think they are entitled to forclose on houses that have had Anonymous mortgages paid
in full more than once and they do not even own the right to do so even if Freddie put back the
illegal mortgages on them.Maybe you to have a mortgage that was abandoned by Anonymous and has
already been paid in full.I challenge you this.Check out the mortgage deed registered against yor
home and see the name of mortgagee.
Then go to Freddie mortgage lookup at Freddie website.
https://ww3.freddiemac.com/corporate/
Then you can contact Freddie and ask the name of the trust that holds the mortgage in question.
Then you can look up the trust thru the SEC.
And see if the names even jive.
If your mortgage deed does not have the trustee named along with the trust name then they don't jive
and that is your first glance at the fraud.
"No family should have to ""give up"" their home during this holiday season,"
Funny how the term ""give up"" is used.
That is because Fannie or their crooked servicers have no legal right to foreclose.So they are attempting at getting people to ""give up"".I recognize that spirit,don't you?
The spirit of antithanksgiving and antichristmas so to say.
Fannie,the trustees and their servicers are not happy enough to have stolen all the mortgage deed filing fees,insurances on the mortgage trusts and the money the US government gave them to modify loans.Now they think they are entitled to forclose on houses that have had Anonymous mortgages paid in full more than once and they do not even own the right to do so even if Fannie put back the illegal mortgages on them.Maybe you to have a mortgage that was abandoned by Anonymous and has already been paid in full.I challenge you this.Check out the mortgage deed registered against yor home and see the name of mortgagee.
Then go to Fannie mortgage lookup at Fannie website.
http://www.fanniemae.com/loanlookup/
Then you can contact Fannie and ask the name of the trust that holds the mortgage in question.
Then you can look up the trust thru the SEC.
And see if the names even jive.
If your mortgage deed does not have the trustee named along with the trust name then they don't jive and that is your first glance at the fraud.