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Reggie Middleton and Karl Deninger Discuss Foreclosure Fraud and Banks on the Market Ticker’s Blogtalk Radio
Here’s a little cross pollination to attract bears from all over. Karl Deninger, the editor of the Market Ticker,
invited me over for a half hour chat on his Blog Talk Radio show to
discuss things such as foreclosure fraud, banks, derivative risk and the
markets. You can access the original airing podcast on Karl’s site.
I have taken the liberty to append some graphics to the background to
add some information to the discussion (see below). Enjoy!
Part One (the impatient may want to skip ahead about 1:32 to get the actual start of the discussion. I highly recommend you choose the 720p HD setting and expand to full screen in order to read the graphics in full fidelity.
Part one
Part two
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Good back and forth discussion Reggie. I learn things I didn't know and things I thought I did become more clear when listening to you.
contradicting my thesis are ya? my thesis (and this is a very important word because God forbid if the same problem can be approached and even solved in more than one way,right?) is that "we never even had a recession." This is what idle minds do. They imagine "alternative story-lines and see what fits." In any case if you're MMM stock "you never had a recession." That CEO used to work for GE. Then he turned Boeing around even though the whole "plane thing" is a fiasco. (How does that guy do that?) The point of differing historical lineages is to ask "what was the crisis that Rahm did not want to waste"? As you say so well "it was an economic one." But not to him, was it? Insofar as he was concerned "there was no recession" right?
To hear him talk and actually see him act was to see a man who understood with perfect clarity "ain't no recession for us in DC, mo fo." And "I'll see ya' back in Chicago, Prez!" Still yapping ain't he? Gotta admit I love the Presidential "hand-folding" as Rahm said is "sweet goodbyes." Someone apparently was looking for "things to get done" in town! Am I a supporter of King Dollar? You betcha. 100%. So SHOW ME THE MONEY Mr. Treasury Secretary. Show me that our problems are not based in far away lands with weird names and funny ways of pronouncing things but right here in our own back yard with our own worthless money printers. Show my that you yourself are willing to take responsibility for this. Show me "here are alternative solutions to the singular problem of debt at the government level throughout the entire country."
The domino theory is about to become relevant again; look for a bank holiday after the elections.
what do you suppose would happen with the present mortgage mess/fraud if every single homeowner asked to see the note all at once?
we are refi-ing and have asked to see the note
over a month...no note yet and no promise to bring it at close...wells fargo btw
none of this matters. The gubmint will pay for everything. It's all good.