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Poofness, Dinar & White Hat Nesara Report # 3 July 14/11 Print E-mail
Thursday, 14 July 2011 10:39

Poofness, Dinar & White Hat Nesara Report # 2 July 14/11

BANKS REFUSING A "HAIRCUT" BEHIND EU FINANCIAL CRISIS
Tom Ferguson: Austerity demanded so banks get paid, even though it deepens crisis
http://premiere.whatcounts.com/t?ctl=1690DD9:7F56F7BEB287E46BAFA42D2ED348CE64EDC3615173C7E546&

CONTAGION FEVER RAISES TEMPERATURE IN EURO DEBT CRISIS
EuroNews: Fears that the euro-zone debt crisis is spreading have put the brakes on any stock market recovery.
http://premiere.whatcounts.com/t?ctl=1690DDA:7F56F7BEB287E46BAFA42D2ED348CE64EDC3615173C7E546&

The Revolution has begun check out videos here

This is their site and if you understand the language you see this is UN/NWO http://www.whatis-theplan.org/t1-what-is-the-plan

Economic Collapse a Mathematical Certainty - Top 5 Places Where Not To Be = 13 min 09 seconds

http://youtu.be/b3-vwYJiD8g Nesara Announcement will prevent mayhem

THOUSANDS OF EGYPTIANS DEMAND ECONOMIC JUSTICE
Lina Attalah: Military government budget delivers austerity measures, no taxes for the rich
http://premiere.whatcounts.com/t?ctl=1690C10:7F56F7BEB287E46B8AC4E2B9595D004CEDC3615173C7E546&

OBAMA SELLS POLITICS OF AUSTERITY
Tom Ferguson: 69% of Americans aren't wrong opposing more debt, there are other choices
http://premiere.whatcounts.com/t?ctl=1690C11:7F56F7BEB287E46B8AC4E2B9595D004CEDC3615173C7E546&

Greetings and Salutations;

The moment has remained a secret and I would never tell it even if I knew, but someone likes to stuff words in my mouth regardless. So when you see words floating out here, that I called it, understand it's crap. Poof said, poof said...I thought I was crazy...make up your mind, why would you want to quote a crazy person? Unless there's another agenda...like making people crazy, or to destroy hope, as the less than nice guys have been doing for years. How many years have you heard, 'they' were planning to wipe out the middle class and have only the rich and poor be around? What do you see going on in DC right now? What do they mean the poor need to share some of this burden, Orin Hatch, what do think has been going on for years now? Your august position does not insulate you from insane statements. You sir, are a plutocrat. One of these days the media will pick that up and use it in broadcasts, unless they are chickens.

 


Money has been green in this country, not red and blue. The big fear they have is finally the people are waking up, as the japanese gentleman spoke a few years ago, 'beware of the american giant' and he made it clear, he wasn't talking about the us military. He was talking about the people when they understood what their government was up to. Even GHWB made the remark, 'they'll hang us from the nearest lamp post if they ever figure out what we've done...words, I'm sure are coming back to haunt him now. Any idiot knows you can't starve the people....where do they think they are going with those trillions they've had in their back pockets? God doesn't need their money so, there's no bribing thru the pearly gates, as they say.

Word has come to me, from way above the dragons, time has run out. This must be done NOW. People who I like to call the 3 musketeers, have come out of the holes they have been hidden in and signed off. The earth is about to go thru a change unheard off in history, and many of the folks who believed they were running things, will be shocked at the sudden loss of power and prestige. This is a 'no down no return' situation, it requires retooling of how one thinks and what one believes is true. The most powerful media giant Rupert Murdoch is getting one of those lessons right now, money will no longer buy safety from come uppance. The tide has truly turned and it isn't in the favor of the rich and powerful. The greedy who never wanted to share. Suicides will rise as folks decide to off themselves rather than face the fruits of their positions. Something this way comes, pay attention. The plan of the ages, can not fail. Btw, you know who the real whites hats are? It's those military guys who were working on collecting all this stolen money years ago. Most retired now but in the back ground none the less.

Much to the chagrin of those who would have it other wise, there won't be a nazi 4th reich to lead the world into the future. They won't turn this earth into a prison planet, it is not theirs' to do as they see fit. The dark doesn't have the power it projects out here. As Bob Marley once said in a song, 'only ourselves can free our minds', remember that when people tell you, we will never over come or be rid of the illuminati. Defeatists' attitudes never get anything done, they sit in corners and tremble. We do need those people with good hearts to help fix this planet and behind them is the real power that makes life worth living. My job was to get you to this door way, pass thru it and begin anew. Take your plans and engage them. They just needed to get the goons out of your way because they knew if people were given the chance, they would do the right thing, they would treat their neighbors as they themselves wanted to be treated. Novel concept, eh? Well just think about your self, what would you do if given the chance, waste your time sitting around thinking about revenge? Or going out and reversing situations in this world, there are millions like you across this planet, you have lot more power than you've been told or believe you have. YOU are who you've been waiting for! Go forth and change something, have confidence and courage, you will be supported. The tech is already here and coming off the shelf daily, ready to be engaged across the planet. Still around for consults till I get that knock on the door.

Love and Kisses,

Poofness    2goforth@safe-mail.net

 

Progress Update:   The Cabal’s World Is Falling Apart; Obama and Geithner Breach of Duty on the Global Settlements;  Bush, Sr., Clintons & Bush, Jr. Secret Closed Files Under Heavy Review.

We are finding that being the lead in any effort is difficult but if you are truthful, fair and balanced in your reporting then over time, people listen, investigate, evaluate and respond.  This has been a long drawn out journey for the White Hats but thankfully what we have been stating for months has intertwined with other domestic and international news and activities.  Being in the lead position also creates opportunity to push the agendas, reopen closed, long forgotten files and to welcome new members to the White Hats community ... yes, we have grown into a community. Our people, from the lowest level to the highest level, both domestic and international, have discovered that what we have stated from the beginning is absolutely true.  Some knew we were correct in our thinking, others not so sure, but what they all know now is that we have a common cause and fight.

We know about the Bush family, the Clintons and now Obama trying to usher in and implement the New World Order (NWO). Many say this is not news and others are thankful that we are facing it head on. But why hasn’t the public at large heard about it?  The answer is simple; total, complete and unimpeded control of the media.  It has been their unequivocal arrogance and their unrelenting harassment of what they perceive as “the little people”.  People they thought did not have the ability to do anything to curtail their plans ... people they never thought in their wildest dreams would have ever had the ability to disseminate a concept and speak to the issues with such exacting measure that other of the world leaders have committed their beliefs and resources to taking down this administration and all it stands for which includes the finest Puppet Master ever known to man – George Bush, Sr.   As we have learned from our past mistakes, history does repeat itself; it is sad to admit that most of us were sleeping at the wheel and were taken on the proverbial ride on this one.  When the ride stopped, we never thought we’d find the villains in America under American leadership.

Now, the tide is turning in America and along with the support of the International Community, the heat is being turned up on these individuals.  From our standpoint it is easy to say that we are closing them down but we still have prominent individuals  ... like current Presidential Candidate Mitt Romney and Texas Lt. Governor David Dewhurst ... that have participated in the theft of large amounts of investor monies and the cover-up that surround it.   We also have Presidential Appointees that hope they will never be exposed for their past actions regardless if it was due to political pressure or other reason ... to us it doesn’t matter.  If they weren’t strong enough to stand up to the pressure in the past, then they are not strong enough to stand up to the pressure in the present.  If they were dirty in the past, then they will be prone to corruption in the future.  It’s difficult to believe these people have been elected to office to represent the people. They have failed us, they have lied to us, they have tried to circumvent us and they have held the American citizens, “We The People”, hostage to their own empire building schemes, bribery and corruption rackets.

But there is an awakening, a light beaming into the dark closets of the past and present.  As we speak, the past is catching up to the Bush family and both Clintons. Many files that have been “officially closed” are now being “officially opened” to be reviewed one more time. Files like the Vince Foster death, the Ron Brown death, the Noriega files ... even the Prescott Bush files ... everything is being opened up to look for the patterns and the depth of the intended NWO takeover.

Why all of the sudden is the world interested in these files?  Well, as you move through your daily existence it is difficult to see someone else’s short term goals and ultimate long term goals as they are developing.  After a long string of events, especially over 50 years of political actions, it is easy to see how a plan takes shape.  In the same ilk, now that we are here with the past seemingly forgotten, the shame is starting to come upon us ... as a people.  Embarrassingly, we have left our guard down and we have forgotten.

There are many issues that for the sake of our country will not be disclosed but are currently under review by the people on the inside, some things are better left unsaid, but for all of us in the inner circle worldwide the patterns of activities need to be reviewed ... we, as professionals, have been purposely led astray and lied to in our duties to serve and protect.  Now, we are doing the clean up and will not quit until justice prevails.  As the saying goes “The Jig is Up!”.  Now, all of our former leaders are the targets of the investigations.  They should be feeling the heat of the fire as we speak ... the empire is burning and will never have the opportunity to reconstruct  itself ... so help us God!

GERMANY REACTS – BILDERBERG’S MOVE TO PROTECT THEIR OWN.

In that light, in Germany, Saturday, July 1st at 1am est, the strongest public indictment of the Cabal has been issued. This includes our current Administration, the Bushes, the Clintons, Greenspan, Geithner, Goldman Sachs, Josef Ackermann, and all of the minions including those currently controlling and sitting as members of the Bilderbergs and other elitist families and groups.  This release has already grown long legs and is getting quite the force of speed behind it in the international community.  But did anyone notice our very own media outlets, and the international media oultets after initially reporting, they were forced to drop it. Why?   The Answer: The Bilderberg Society has come to the aid of the group.  This information is very explosive and control from the group to containerize it was required before it got out of control. Expect much more on this.

BUSH’S POWER-BASE CRUMBLING

With their power base crumbling around them, the following additional activities have occurred and are currently under continuing investigation.  It’s no wonder why Geithner is so damn desperate to leave.  Here’s why!

A)    Despite the US Treasury assuring multiple Global Trust Paymasters of their long overdue payments last week, the payments again failed to materialize. Bush Sr, again ordered, his boys, Obama and Geithner to block any and all payments.

B)    Although Bush, Sr. and Obama were able to prevent the release of the payments, a tremendous amount of progress has been made to further expose, prevent and halt their activities.

On June 24th, Geithner made an illegal play to divert part of the Global Settlement funds to Josef Ackerman, Chairman of Deutsche Bank, with the plan of working the funds through the middle of July.   Fortunately, the evening of June 24th a plane left the US travelling directly to visit Ackerman, with special enforcement personal from the group responsible for getting the Global Settlements completed.   Ackerman's Plan was stopped.   Upon their return from Germany, Geithner was visited by the same enforcement personal and, will again, if he continues to be a problem.

By June 29th, it became public that Geithner is planning on resigning.

On July 1st, Geithner was also contacted about the 700 Million Dollars he moved from his personal account in The Vatican Bank to other accounts, at many banks around the globe. Did Geithner actually think we wouldn’t know his movements with the cash?  Does he really think we will allow him to keep that money and the other funds he has participated in stealing?  This is not a reality.

It has been determined that Congress does not have the guts to investigate all of the claims that have been put forth to them.  We know in several instances that certain of the names on the list of Vatican Bank account holders and presumed pay-off recipients are the reason.  Every one of the Congressional Leaders including Issa has the knowledge in front of them.  Hemming and hawwing ... claiming to not want to rock the very delicate boat the United States is in at this time.  We say bullshit ... the problem we are in is solely due to the garbage that is happening behind the scenes and not one of our senior leaders has the fortitude to confront the monsters that are dealing with head on.

MESSAGE TO GEITHNER

Mr. Secretary, you have proven to be incompetent and a total failure, but Obama needs you as an expendable scapegoat ... you know the language, “to protect the Office of the President of the United States at all costs”.  You don’t think they will let you resign do you?  When you left the Treasury building on Friday and you shook everyone’s hands telling them you are gone {for good}, did you think the holiday weekend would be easy?  You got hammered by the Administration begging you to stay by subtleties of the persuasion.   It’s a very difficult spot.  Putting you squarely in the hot seat.

Mr. Secretary, you have been well paid to strategically perform these criminal actions and to ruthlessly take all the heat, in the beginning, fronting for Alan Greenspan at the Federal Reserve Bank of New York, and then the US Treasury.  You have been a good soldier but even you are not important enough to protect as a valuable asset, i.e. any of the Bush family members.

Mr. Secretary, the pressure is mounting and you can watch for yourself.   In the last week, some old files are re-emerging on the international stage, i.e. the Vince Foster and Ron Brown cases. Both were in high level positions, but at some point they apparently needed to be dealt with. Why?  At that point in time the issue was simple ... a man, his oral fixation, a cigar, an intern and a dress.

In a significant move, court documents have been unsealed by a Special Division of the United States Court of Appeals, which will prove the FBI and OIC covered-up in the Independent Counsel's probe into the Death of Deputy White House Counsel Vincent W. Foster, and it further exposes the criminal activities of past and present White House Administrations.  If it can happen to them, it can easily happen to you.  This time there is far more at stake, and do you really think they will allow you to just walk away when you know all the secrets?

You know that you have stolen for your Masters, from multiple nations to vast amounts of Investor funds, which have all been recorded.   Are you really thinking you can escape justice and America will let you spend one dollar of the funds you were paid to perform these illegal activities?  Your only option to lesson your punishment will be if you make a deal immediately, which we encourage you to do.

FALCONE’S LEGAL PROCESS STARTING;  THE BEGINNING OF THE END.

On June 22nd, a Writ was delivered to Phillip Rivett, Senior Statutory Auditor of Price Waterhouse Coopers LLP, London, who was officially put on notice as Auditors for Barclays Bank of illegal trade activity utilizing Mr. Falcone's investment funds on buy/sell programs that created billions of dollars for certain government officials, including key officials of Deutsche Bank and for special accounts held by the CIA at Barclays Bank.  This litigation will materially impact Price Waterhouse Coopers LLP, Barclays Bank and Deutsch Bank.  The lead attorney firm on record for Mr. Falcone is Fuerst Ittleman of Miami, Florida.

In addition, the litigation has already created panic with KPMG, the lead international accounting firm. We know that between the two firms each has expended significant amounts of time, energy and resources in the attempt to get their hands around the problem and the culprits. The culprits answer to the accounting firms is “We’ll take care of it”.  Maybe in the past that would be a solid assurance but not currently.  The world is falling apart and we are just waiting for either of these firms to believe that this is going away.  You, Mr. Secretary, are the titular head of all of this ... you have the keys to the NWO’s Pandora’s Box.

This criminal audit trail, from Josef Ackermann to the Bushes, Biden, Herzog, Clinton, Romney and Geithner, is in the hands of a number of Law Firms, proceeding through Global Regulatory Legal actions including criminal investigations.   Records have been filed with trustworthy Global Enforcement   Agencies such as the FSA (Financial Service Association).   China and the EU countries are all working together and have the full sordid unsavoury details of these betrayals. Bank Accounts from the Caribbean to the EU are all traced and records are on file for the courts. More Bank Officers are ready to attest when subpoenaed.

Mr. Secretary, do you think they care about the NWO?  Not the smart ones.  If you are worried about whether you are going to make it through all of this, you need to stop, talk to your attorneys, cut a deal and remove yourself from your post.

The Department of Treasury will survive without you, the Country will survive without you and the international community will survive without you.  Obama and the others will be concerned but they will appoint someone else to be their puppet.  If you want to lessen the damage to yourself and your family, you might consider turning into a White Hat and reverse all of the damage you have participated in and have knowledge of.  It won’t be easy, but it will be easier for you.  You will need to turn on your former employers.  Yes, they have had their moment of power but right now, we are powerful as well.  What side of the world do you wish to play on?  Do you want to play on the side of the people, like where you started, or do you wish to be one of the extinguished one thousand points of light?  They are not in control any longer.  Their very foundation is deteriorating with all of the problems they’ve created and cannot stay in control of any longer.  We know that much has been kept from you, you’re just another pawn in the big game and your whole side is experiencing checkmate.  Just come clean before we take more actions like the ones that have hit your doorstep and the ones that you have personal knowledge of that are about to hit your doorstep.  You know how to reach out to us. We promise to be there.

You might want to make up your mind soon as you are fast becoming a liability to your Masters.  You are expendable and not in a position of trust, but you already know this.  You know they will do anything to stay alive ... like a rat backed into a corner.  So, realistically, we might be the best chance for survival, either literal or political or figuratively.  Just think about it. Make the call.

WHERE ARE OUR TESTED AND PROVEN LEADERS?

What we want to know is what the two lone wild cards will do?

General Petraeus, are you willing to go along with this duplicitous conspiracy once appointed to the CIA or will you stand up and make the people that believed in your moral fiber so strongly that they gave you the support you needed to make the Academy?  They and the world need you now ... not later.

General Colin Powell (Ret.), we ask of you the same.  We need your specific leadership.  In a meeting, you once stated that you would never allow your name to be placed in the presidential hat, “If the Trust is still in control.”  Sir, this is the time we need you, your strength and your faith in America. We know your idealism has been challenged, your duty to your Country has been lessened by others and we know that you are mad as hell.  Help us take control ... don’t hide in a fox hole while these men you were formerly employed by attempt to take control of the world.  Help us take the ground back that is America instead of what the elitists are attempting to do.

Regardless of the trajectory of the political planets we need strength to lead us through the difficult times ahead of us in the short term and the long term.  The world will need strong men of valor, not conniving snakes that will grasp on to the opportunities that will benefit them alone.  You are highly respected men that led fellow Americans into war ... you have the strength to lead the world through the coming tough times.  Our current leaders do not have the ability, nor have they shown they can accept the responsibility of their positions. It’s time to step forward and be counted before it’s too late.  For God and Country ... and now, the people of the World.

http://tdarkcabal.blogspot.com/2011/07/july-5-2011-white-hats-report-22.html

7-12-2011 Guru Okie_Oil_Man SEVERAL INDICATORS OF IRS/UST AND BANK STORIES AND LOWER DENOMS ALL LEAD US TO BE HOPEFUL FOR {RV} THIS WEEK BEFORE THE 15TH WHEN IRAQ STARTS THEIR TAXATION PROCESS

7-12-2011 Guru Mailman WE KNOW WHATS IN PARLIMENTS HANDS....WE KNOW THIS PART OF LEGISTLATION IS PRIORITY...BOTH THE ERBIL AND THE RV...THEY KNOW WE KNOW YET THEY STILL WILL TRY TO HIDE IT... THE FACT THAT ALL THE GROUPS HAVE MET AND ALREADY UNOFFICIALLY SIGNED OFF IS RIGHT WHERE WE WANT TO BE...THEY WOULD NEVER HAVE STATED WHAT THEY DID FOR THE LAST MONTH IF THIS WASNT READY...DONT LOOK AT WHAT IRAQ HAS SAID SO MUCH AS WHAT THE IMF, UN AND THE WORLD BANK HAS SAID..

7-12-2011 Guru Med NEWS FROM D.C....IT IS NOT IRAQ AT ALL WHO IS HOLDING UP THE RAISING OF THE ZERO’S IT IS THE US TREASURY THAT IS HOLDING IT UP AND THAT THEY HAVE BEEN HOLDING IT UP FOR THE LAST 3 WKS. IF NOT DONE BY I THINK AUGUST 2ND OR CLOSE TO THAT DATE WE WILL GO INTO DEFAULT THE FIRST TIME IN OUR HISTORY.  I AM TOLD THAT THE US TREASURY USING THE IRS WANT TO SET UP EXCHANGE PLACES FOR DINAR HOLDERS THEY WILL THEN TAKE YOUR TAX OUT RIGHT THEN AND...GUARANTEE NO AUDIT....THE GOVT NEEDS THE TAX MONEY LIKE RIGHT NOW.  THEY ARE HOPING THAT INVESTORS WILL USE THEM INSTEAD OF BANKS...ALSO...THEY WANT IT IN PLACE BEFORE THE DEADLINE ON THE DEFAULT.  HE SAID THEY ALSO HAVE NOT SETTLED ON A RATE OF EXCHANGE I AM TOLD THE U.S. IS PUSHING FOR A HIGHER ONE...NOW COULD IT BE SOME SMOKE LEAKED OUT.....YES

7-12-2011 Guru Okie_Oil_Man IRAQ WILL START RECEIVIING IMPORT AND SALES TAX ON THE 15TH...TAX COLLECTIONS ARE USED TO FILL THE COFFERS OF THE TREASURY AND ALSO INDICATES THAT TAXATION WILL BE OF VALUE MONETARILY WISE--IN OTHER WORDS...THEIR MONEY IS GOING TO HAVE TO BE WORTH MORE THAN 1170 DINARS TO THE DOLLAR

7-12-2011 Guru Bluwolf my bank has inform(ed) me that we are still waiting on a communication from the UST in order to start cashin procedures...you must ask firmly for the CBI rate if you are cashin in in banks...you must fight for your CBI rate...once the UST gets the word they will contact all US banks and we are a go...we are very close...tier 3 (us) is waiting on the fence

7-12-2011 Guru TonyTnT I don't believe Ebril, HCL, Security ministers or anything over there is holding up the RV...All these things have been settled...These have nothing to do with it...other LITTLE things were the [holding up ] factors,,,

7-12-2011 Guru Checkmate Things are looking up based on what came out on Sunday...things that were standing in our way are clearing..I'm NOT saying its going to RV week [though]

7-12-2011 Guru Blaino some political figures...relate...they...under an informal Gag, they are informally watching Thursday, this week (the 14th) which I think is a lil strange considering the new banking regs fly on the 15th. The rate seems to be climbing with every time the date gets pushed, almost as if "they" feel they "owe us" something when we have sharp intel that later cannot cut the cheese!...believable... let me get back to you on that!

7-12-2011 Guru 8ball Allawi now has 101 seats + 50 Kurdish seats + 52 seats of the Alliance = Maliki is toast...Allawi is effectively breaking the deadlock...should be an exciting week…!!!

7-12-2011  Guru Delta we may see this RV in next 48 hours or less…the whole Iraq tax issue begins on the 15th...the 14th -17th they will have off  for holiday and the weekend... Thursday is a national holiday in Iraq - THEREFORE it looks good for them to RV before they implement those taxes, so the next 48 hours is a great window… we will be ready to cash out on Monday- if this takes place

7-12-2011 Guru Frank26 the IMF received the letter from the GOI – the LOI (letter of intent) – they sent it back to the IMF and it stated...the books of state owned Banks...were cleared – then the CBI ... cleared their books... the... LOI said once these two banks and CBI are done then they have to RV their remaining currencies...so... now they have to RV their currency….They are on track for this RV to happen any time!!!  Shabibi  stated we were going to introduce the rate by the end of June 30th.  ALL BANKS are done and waiting ... now there is NO MISSING LINKS to this RV – RI taking place

7-12-2011 Guru TonyTNT Before...the lowest denom was 100 but today the rest were issued. Got that from 3 sources.  If all of the lower denoms were out today, something has to happen. Can’t walk around with a bunch of useless money.  People contacted us today and we are waiting for the photos of the lower denoms. Looking good. Everything good. Think we are closer everyday.

7-11-2011 Guru Okie_Oil_Man IT HAS STOPPED PINGING...YESTERDAY... AND IS LOCKED IN AT THE BANKS DOWN TO THE LOWER LEVEL BANKS THE RATE IS UN-BELIEVEABLE (GOOD)

7-11-2011 Guru Blaino I had several strong indicators for today - tomorrow which came to me last night ...however...there was no way on a Sunday evening to get ANY kind of confirmation.  I also got several different sources who are equally as adament about Thursday coming & "Sure that this is the date 'Certain' for the revaluation!"...have been able to get a handful of people that "ought to know" to offer grudging confirmations on that date, with a rate that is beyond Blaino's belief (way high, IMO)...It is substantially ABOVE the 5.25 GBP we have heard...about for the last 2 months or so...at pennies off the $10 mark. As I said, I have NO IDEA how "they" get this number..

7-11-2011 Guru Okie_Oil_Man THE ( UN) OPERATIONAL RATES USUALLY POSTED ON THE 1ST AND 15TH CAN BE CHANGED TO ANY OTHER DAY. THOSE DATES ARE ONLY PREVALENT UNDER ORDINARY CIRCUMSTANCES--WOULDN'T YOU THINK THAT 182 COUNTRIES R/V ING THEIR CURRENCY WOULD FALL OUTSIDE THOSE PARAMATERS?? THEY CAN UPDATE DAILY IF NECESSARY.

7-11-2011 Guru Kaperoni were close…this rv must happen soon...Shabibi is walking a fine line...he knows, the rv will kick start everything Iraq is trying to do economically.  I keep going back to the IMF docs and they frequently reference the signnificants of expiding the reforms...if they dont expidite these reforms, violence will rise, so IMO, the RV is very very soon

7-11-2011 Guru Okie_Oil_Man REMEMBER ABOUT 10 DAY'S AGO WHEN I STATED THE IRS/UST OFFICE INFO?--WELL NOW IT SEEM'S EVERYONE HAS FINALLY PROVEN THAT FACT.  HERES A NEW FACT...STARTING TOMMOROW IN IRAQ ITSELF (IN COUNTRY) THE U.S. TREASURY IS ALSO GOING TO BE SETTING UP REDEMPTION OFFICES FOR TAXATION PURPOSES FOR AMERICAN INDIVIDUALS AS WELL AS AMERICAN COMPANY'S. SECURITY MINISTER SELECTED AND SEATED AND ALSO ANOTHER FACT JUST ROSE TODAY----MALIKI AND ALLAWAI... APPARENTLY JOINED FORCES TODAY IN A SPIRIT OF CO-OPERATION THAT WILL CERTAINLY HELP TO UNIFY THE COUNTRY

7-11-2011 Guru Med I GOT SOME VERY GOOD NEWS YESTERDAY FROM A FRIEND WHO IS INVOLVED WITH A VP AT CHASE AND HE GAVE A HEADS UP THAT THEY ARE ANTICIPATING THE DINAR GOING TRADEABLE AND HE EXPLAINED THE PROCESS FROM CHASE TO HER...THE IMF WANTS THE IQD AND THE USD CLOSE THEY HAVE EXPLAINED THAT THEY WANT THE 3 ZERO’S REMOVED OR RAISED AND THAT IRAQ NEEDS TO IMPROVE THEIR STANDING IN THE IMF AND START CONTRIBUTING SO FAR THEY HAVE DONE NOTHING BUT TAKE


7-11-2011 Guru Nighthk11 I believe we will see the RV this month but not until after the 15th of the month Reason is the Todd-Frank Bill being activated on 15 Jul which will allow the gov’t to tax more on currency exchanges... IMO the final issue of Erbil is activation of Allawi’s council-and some 19 points signed and promised by Maliki which did not happen... The base rate of the dinar is $3.00- expect more than that upon RV...From my perspective- the door on RV is closing very fast- I expect this to be done before 02 Aug...Parliament must vote the last item on Erbil which is the Allawi council- it’s inception to become active must be ratified by the parliament..

7-11-2011 Guru Phoenix3333 Have you ever heard of The National Infrastructure Bank, probably not, even the smartest finance people have never heard of it, it is already legally set up to fund massive infrastructure-new highways, bullet trains, etc. to put people to work.  It is just sitting there with no money, we are in a giant recession, where is the money going to come from? The Obama administration briefly said...from millionaires...what millionaires...presently only about 1% of our population are millionaires...something to think about!!!  IMO the funding is right at the doorstep - Bottom line.

Housing Forclosure Fraud Battles July 14/11

Wells Fargo to Pay $125 Million to Settle Mortgage-Backed Securities Case

www.HomeForeclosureRemedies.com

JOIN THE PARTY!!!

IT’S YOUR TURN!!!

Q

By Karen Gullo - Jul 7, 2011 4:09 PM ET

  • July 7 (Bloomberg) -- Jeffrey Davis, chief investment officer at Lee Munder Capital Group, talks about the outlook for the U.S. housing market and economy. Davis, speaking with Lisa Murphy and Dominic Chu on Bloomberg Television's "In the Loop with Betty Liu," also discusses the outlook for stocks. (Source: Bloomberg)

Wells Fargo & Co. (WFC) agreed to pay $125 million to settle accusations by investors that the bank misled them about the risks of mortgage-backed securities it sold.

The plaintiffs in the consolidated group case, or class action, include the General Retirement System of Detroit, New Orleans Employees’ Retirement System and other public pensions, according to the proposed settlement filed yesterday in federal court in San Jose, California.

Wells Fargo, the largest U.S. home lender, and several investment banks that underwrote the securities were sued in 2009 over alleged violations of securities laws in connection with sales of $36 billion in mortgage pass-through certificates in 2005 and 2006.

The securities were backed by pools of mortgage loans that Wells Fargo or its affiliates originated or purchased. In 28 offerings, the bank misrepresented the quality of the loans, failing to disclose that it hadn’t followed appropriate underwriting standards and loans were made based on inflated appraisals, investors said in a complaint.

The bank and the underwriters deny wrongdoing, according to the proposed accord, which is subject to a judge’s approval.

“The proposed settlement agreement is a negotiated resolution as to all named defendants and is intended to avoid the distraction and expense of litigation,” Ancel Martinez, a Wells Fargo spokesman, said in a telephone interview.

State Court Claims

The bank still faces claims in state courts in California, Illinois and Indiana filed by individual investors and federal home loan banks seeking to rescind billions of dollars of mortgage-backed securities purchases

“It’s a very favorable outcome and will be significant for investors,” David Stickney, a lawyer for the plaintiffs, said in a phone interview.

Bank of America Corp. (BAC) agreed on June 29 to pay $8.5 billion to resolve investor claims over sales of bonds backed by home loans by Countrywide Financial Corp., which it had acquired in 2008. The settlement covers 530 mortgage trusts with an original loan balance of $424 billion, the bank said.

The case is In Re Wells Fargo Mortgage-Backed Certificates Litigation, 09-1376, U.S. District Court, Northern District of California (San Jose).

 

 

Last Updated on Thursday, 14 July 2011 12:59