Executive privilege is alive and thriving under Obama.

Who’s going to fix this problem? The Banks? The MOTUs? The Courts or Congress? How is the consumer or voter going to benefit this time? What’s the deal we, the voters, should offer?

AG Holder and Prop 19

Explanation of Fed and Treasury actions

Stuff needing remembering

HR 3808 is a Bankers Bailout of massive proportions by pardoning and legitimizing their fraudulent actions.

This Class Action Suit is brought in Kentucky and details the greed, collusion and rampant fraud that banks continue to perpetrate in the mortgage business.

By: Inoljt, http://mypolitikal.com/

Iceland is a small country in big trouble.

During the heady times of economic growth, its banks expanded operations far beyond what the country could possibly support. When the global financial crisis came, all three collapsed. Millions of depositors in Britain and the Netherlands would have lost their savings.

When banks collapse nowadays, fortunately, governments intervene. The governments of both Britain and the Netherlands guaranteed the accounts of their citizens. In total, this cost said countries approximately 3.9 euros (or 5.3 billion dollars).

Understandably, said countries were also angered at picking up the tab of Iceland’s failed banks. The root of Iceland’s current troubles lies in their demands that Iceland repay the €3.9 billion. To force Iceland’s hand, Britain – in a rather mean gesture – used anti-terrorism laws to freeze Iceland’s financial assets. This helped crush the country’s economy.

Now, there are two problems with the demands of Britain and the Netherlands.

TARP might have kept the banks alive, but was it our only choice?

these presidents detested a “private” central Bank