Saturday, 16 October 2010

Friday, October 15, 2010

IMPORTANT US MUSLIM CLERIC CALLS FOR ANNIHILATION OF JEWS AND AMERICA ON TV

Epic Film Glamorizes Terrorism

Big Banks, Bailed Out by US Taxpayers, Rejected Partial Payments Aimed at Preventing Foreclosures




Investor alert.

Some U.S. banks, already under fire for questionable lending and legal practices relative to the interconnected housing and foreclosure crises, are about to come under even more pressure for refusing to accept partial payments from hard-pressed homeowners struggling to remain in their residences.

Lawyers and consumer groups fighting preventible foreclosures--and appointed and elected officials demanding a national foreclosure freeze--are certain to be all over the revelations that the banks in many cases rejected reasonable payment plan offers in order to push people from their homes.

New York State Attorney General Andrew Cuomo, for example, who is running for Governor of the state on the Democratic ticket, and has called for a statewide foreclosure freeze in order to examine flawed paperwork, is believed by analysts to be investigating the entire foreclosure process, including predatory lending, the steamrolling of so-called short sales of homes, and alleged refusals by banks and their lawyers to consider and negotiate in good faith partial payment plans.

U.S. President Barack Obama has thus far resisted calls for a nationwide moratorium on foreclosures. But he is likely to change his position as more and more and more foreclosure and real estate-related dirt is exposed in the coming weeks.

The bottom line: U.S. bank stocks and property firms--and the overall U.S. economy--have not hit bottom. Far from it.

Thursday, October 14, 2010

Appeasement of Iran, Hezbollah, Hamas and Taliban Recalls Chamberlain Appeasement of Nazi Germany



Appeasement failed to preserve the peace in Europe in the years leading up to the Second World War; instead, appeasement of Hitler made war inevitable--on Hitler's terms.

A totalitarian nation that is committed to an imperialist foreign policy--meaning, a policy aimed at overthrowing the status quo, or power relationships among nations--cannot be appeased.