The absurdity of illegal activity, criminal conduct, rampant fraud has reached a point where the nation much declare “No More.” We must begin the process of identifying criminal actors — and prosecuting them.
This is about fundamental property rights and the Rule of Law in the United States — nothing less.
Last week's dismal jobs figures tell us exactly what the President Obama's stimulus did: It temporarily saved jobs in state and local government -- thereby slowing our recovery.
The United States surely did experience a number of financial crises - 1873, 1884, 1893, and 1907 - prior to the Fed's charter. But Selgin writes that "by almost any measure, the major financial crises of the Federal Reserve era - those of 1920-21, 1929-33, 1937-38, 1980-82, and 2007-2009 most recently - have been more rather than less severe than those experienced between the Civil War and World War I." If greater financial stability had been the main purpose of creating the Fed, then it has failed on that score.
Now that all fifty states have launched a joint investigation into fauxclosuregate, it’s probably time to soberly address the fact that nearly everyone who has been ‘victimized’ by robo-signers and foreclosure mills is in default on their home loans.
One of the reasons I believe the US economy is such a mess right now is because we’ve attempted to create a marketplace where no one ever loses. It’s a ponzi approach to economics. It doesn’t work.
It is a legal impossibility for someone without a mortgage to be foreclosed upon. It is a legal impossibility for the wrong house to be foreclosed upon, It is a legal impossibility for the wrong bank to sue for foreclosure.
And yet, all of those things have occurred. The only way these errors could have occurred is if several people involved in the process committed criminal fraud. This is not a case of “Well, something slipped through the cracks.” In order for the process to fail, many people along the chain must commit fraud.
That it is being done for expediency and to save a few dollars on the process is why the full criminal prosecution must occur.
The time may finally be at hand when the imbalances created by Bretton Woods 2 now tear the system asunder. The collapse is coming via an unexpected channel; rather than originating from abroad, the shock that sets it in motion comes from the inside, a blast of stimulus from the US Federal Reserve.
What’s really important is Brian and Ilsa: What’s really important is that law-abiding middle-class citizens are deciding that playing by the rules is nothing but a sucker’s game.
It's been three months now since his recess appointment, and still no word from the new CMS director, Donal Berwick. In fact, Berwick hasn't granted any interviews, refuses to testify before Congress, and doesn't take any questions at public events.
To put this in perspective, Donald Berwick oversees the healthcare spending for one-in-three Americans and, as the New York Times put it, "has a budget bigger than the Pentagon's."
Route 112 in Bath had been closed after a mudslide, but reopened, Van Dongen said. Up north, part of Route 3 was closed in Columbia and part of Route 302 was closed in Bethlehem.
Officials were keeping a close watch on three rivers - the Ammonoosuc at Bethlehem, the Pemigewasset at Woodstock and Plymouth and Baker River at Rumney. Van Dongen said they are expected to crest this afternoon.
Of course TED doesn't look like a regular Ivy League college. It doesn't have any buildings; it doesn't grant degrees. It doesn't have singing groups or secret societies, and as far as I know it hasn't inspired any strange drinking games.
Still, if you were starting a top university today, what would it look like?
Under a uniform 28 m/s easterly wind forcing in the reconstructed model basin, the ocean model produces an area of exposed mud flats where the river mouth opens into the lake. This land bridge is 3–4 km long and 5 km wide, and it remains open for 4 hours. Model results indicate that navigation in shallow-water harbors can be significantly curtailed by wind setdown when strong winds blow offshore.
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