SHOCK?: Biden Congratulates Palin On Knowing When To Pull Out
Posted on July 4, 2009
Filed Under News commentary, Uncategorized | 0 Comments
An Economy Bigger than Russia, Brazil, Canada, India or Spain Is About to Default
Posted on July 3, 2009
Filed Under Uncategorized | 0 Comments
Washington’s Blog
July 2, 2009
An economy bigger than Russia, Brazil, Canada, India or Spain is in imminent risk of defaulting on its debts.
Which nation am I talking about?
Not a country . . . but the state of California.
California’s GDP was around $1.812 trillion in 2007.
According to the International Monetary Fund, that is bigger than the 2008 GDP of every country in the world except the US, Japan, China, Germany, France, UK and Italy.
Given that California has more people than any other state in the US, and some of the largest agricultural, manufacturing, high-tech and defense sectors in the nation, you would think that helping California would be important.
And yet – instead of helping California – the federal government is giving aid to Goldman Sachs, JP Morgan and the other financial giants who helped to cause the financial crisis, and to Israel and other foreign countries.
Does that make any sense?
Note: Depending on which source is cited (CIA World Factbook, World Bank, or IMF), California ranks somewhere between 7th and 10th in world GDP.
Technically, California’s economic measure is not GDP, as that is a national measure. The correct term is “Gross State Product”.
Obama Publicly Supports Iranian Protests, Yet Leads A Nation Who Considers Public Protesting “Low-Level Terrorism”
Posted on June 20, 2009
Filed Under Uncategorized, politics | 0 Comments
This afternoon President Obama spoke out in support for the protesters in Iran. The following comments were heard around the world:
“If the Iranian government seeks the respect of the international community, it must respect the dignity of its own people and govern through consent, not coercion,” the president said.
“Martin Luther King once said — ‘The arc of the moral universe is long, but it bends toward justice.’ I believe that. The international community believes that. And right now, we are bearing witness to the Iranian peoples’ belief in that truth, and we will continue to bear witness,” the president said.
“The Iranian government must understand that the world is watching,” the president’s statement said. “The universal rights to assembly and free speech must be respected, and the United States stands with all who seek to exercise those rights.”
President Obama should also consider defending the constitutional rights of his own people of the United States by condemning the US Government’s position (via the Department of Defense) considering public protests as “low-level terrorism” As the ACLU letter below illustrates and as loyal readers of PeterSantilli.com are aware, this recent revelation that the U.S. government via the DoD, is seeking to commingle dissent and terrorism to their civilian employees is just the latest example of the government exhibiting hostility towards “We the People”. If Obama dares to claim that he isn’t aware of the tyrannical practices of various government agencies, he doesn’t deserve to be the commander in chief of the United States.
“For the DoD to instruct its employees that lawful protest activities should be treated as “low-level terrorism” is deeply disturbing in and of itself. It is an even more egregious insult to constitutional values, however, when viewed in the context of a long-term pattern of domestic security initiatives that have attempted to equate lawful dissent with terrorism.”
DoD Level 1 AntiTerrorism Awareness Training Letter
ACLU
So far 2009 has seen the leaked fusion center M.I.A.C. report, as well as the litany of D.H.S. reports:
Cfr Militant Extremists in-The Usa
Dhs National Planning Scenarios 2006-2
Proud To Be American? You Should Be Ashamed
Posted on June 20, 2009
Filed Under Uncategorized | 0 Comments
by sakerfa on June 15, 2009
We have seen the largest looting operation in history perpetrated against The American People. Over $5 trillion dollars in junk securities were marketed and sold. They had a real value of about $2 trillion dollars; the other $3 trillion, roughly, was pure fiction.
The banks created and sold these throughout the world, with the full knowledge and support of Congress, The Fed, and the banks themselves.
It was pure fraud.
Granting someone a “mortgage” based only on whether they can fog a mirror is proof positive of malfeasance, unless you disclose this fact to the buyers of these securities – a fact that was not disclosed until after the securities blew up.
Lenders, builders and others pressured appraisers to “hit the numbers” to support these fraudulent deals. Proof of that is found in the nearly-10-year-old Appraisers Petition bearing thousands of appraiser signatures.
That ratings were a “mistake”, either real or intentional, is a matter of now-known historical fact.
Americans have sat on their butts through all of this, allowed their 401ks and IRAs to be trashed, their supposed “home values” to be pumped and then destroyed, and their hopes, dreams, employment and house have all vanished into the ether of fraud.
When this came to light the banks went to Congress, and supported by The Fed’s intentional draining of liquidity to create an immediate “crisis”, they got a $700 billion bailout bill passed – one that you, your children and grandchildren, will have to pay for.
The government then passed another near-trillion-dollar “stimulus” bill claimed to hold unemployment to 8%. It did not, because it was yet another “papering over” of the fraud, but that bill your children and grandchildren, along with you, will also pay.
Your savings accounts and CDs now yield an effective zero.
Your credit card interest rates have gone from 11% to 29%, all so that the banks can keep granting ill-advised credit to people who can’t pay. Those who can pay – the rest of you – are being jacked for 30% a year in interest.
We have seen a few “tea parties” in which a few people showed up and which were immediately panned by “those in power” as “astroturf.”
Contrast with this.
A few days ago, Iran held an election. It is alleged that there was massive fraud. The current President claimed victory under less-than-clear circumstances.
The people said “hell no!” in this sort of demonstration:
That’s about 2 million people, out of 70 million population (roughly), or one in thirty-five Iranians in the entire nation who took to the streets to demand justice in a simple vote.
More strikingly, Tehran has a population of roughly 12 million; this means that one in six citizens of the city are standing in that crowd.
This, despite the fact that the government there has been shooting people, has arrested the opposition party and issued an order to burn the ballots so there can be no recount.
This, despite the fact that the Iranian population does not enjoy a Second Amendment, and thus is forced to fight a rogue government with makeshift molotov cocktails, rocks and clubs, should that rogue government choose to shoot.
And this was about an election. A President. One man.
In our nation we have literally had 1/3rd of our GDP – that is, 1/3rd of everything you worked for last year – stolen by a bunch of fraudsters with the explicit cooperation and assistance of the government.
We should be seeing 10 million Americans literally closing Washington DC with peaceful protest in the streets – making the entirety of the downtown inaccessible to vehicles and the normal conduct of business impossible, were Americans to display the same sort of anger over an insult vastly more serious than that served upon the Iranian people.
If one in six Americans had enough in America’s big cities, there would be one million people in the Streets of Chicago – enough to fill Chicago’s Loop from Lake Michigan to I-90/94 and from The Chicago River to beyond Soldier Field, rendering the city core impassable. (Roughly double the crowd that shows up for the 4th of July Fireworks, to put it in perspective. “Greater Chicagoland” has a population of ~7 million)
The same in NY City would result in a crowd of 3.3 million people.
Where are you America?
In America, if the government turns into a goon squad, you have the constitutionally-protected ability to shoot back. In Iran you have no such ability as the Iranian government has never recognized the unalienable rights as set forth in our Declaration.
So in Iran the population risks mass death to protest.
In America the population risks loss of some income since you’d have to cut work.
The Iranians take to the streets; we take to our couches and have another beer.
Grow a pair of balls America.
The people of Iran are putting us to shame.
PS: Those threats appear not to have been idle either.
DRAMATIC VIDEO: Iranian Protester Beaten By Government Goons…and dies(?)
Posted on June 14, 2009
Filed Under Uncategorized | 0 Comments
Editorial Comment: This is the reason why innocent citizens around the world should purchase guns and ammunition; for personal protection against tyrannical “goons”.
A Copy Of My Letter To “Shameful” Congressman Jerry Lewis Regarding HR 1207
Posted on June 12, 2009
Filed Under Banksters, Community Action, Twittizenism, economy, politics | 0 Comments
URGENT NOTE: If you’re on Facebook or Twitter, you can also do your part to bring awareness to this issue by asking everyone in your sphere of influence to read and forward this important blog post. Please specifically ask your followers and friends to send this blog post to all of their followers and friends. I’m not too proud to beg for support —- I honestly believe this issue is one of the most important in our time, and we need to show our elected officials that the “will of the people” is much stronger and more powerful than they could have ever imagined. Participation is free, but the lack of our participation and unity has consequences for generations to come. PLEASE ALSO SUBSCRIBE TO MY BLOG TO RECEIVE IMPORTANT UPDATES VIA EMAIL IN THE COMING DAYS AS THIS LEGISLATION MAKES IT’S WAY THROUGH CONGRESS AND THE SENATE. (I promise not to abuse the privilege & honor of having your email address as a subscriber)
Yesterday I did my part by sending the following letter to my Congressman Jerry Lewis requesting support for Ron Paul’s bill to audit the Federal Reserve. Please go to the link below to see a list of Congressional sponsors, and if your Congressman is currently not on the confirmed roster, please copy the sample letter and send it to your Representative as soon as possible.
Ask yourself this question: If the Federal Reserve sent every US Citizen a disclosure letter that said, “Dear American, we just wanted to let you know that we have every intention of making everyone in America poor, therefore, we will continue to feed trillions of dollars to offshore banks and corporations…..” would you stand idly by? Of course not. Then, why would any Congressman allow the Federal Reserve to operate in total secrecy by not supporting this bill, thereby opposing full disclosure and accountability of the Federal Reserve to the taxpayers? More importantly, why would Americans not demand support from their Congressman.
American citizens can demand full accountability from the Federal Reserve by supporting HR 1207 which calls for the Federal Reserve to be audited. An audit will require them to disclose where the trillions of our taxpayer dollars are being distributed; exposing the system of siphoning wealth of hard working Americans and giving trillions to undeserving offshore corporations and banks.
In my opinion, this is one of the most revolutionary pieces of legislation that has been brought before our legislature in many generations. It represents the most peaceful form of revolt that American citizens can participate in. Please do your part; take the time to send your Congressman a letter requesting support for the bill, and be sure to keep abreast of the bill’s progress. Visit RonPaul.com to stay informed.
If you’ve never participated in the political process, now is the most important time to start. The future of our country depends on it, don’t you agree?
GET A COPY OF THE ROSTER AND SAMPLE LETTER HERE
JFK Speech On Secret Societies
Posted on June 7, 2009
Filed Under Uncategorized | 0 Comments
If JFK was on Twitter, he’d probably be called a “conspiracy theorist“. Listen to this speech; it makes you think about the coincidental death of a President who was fearless to expose what he discovered to be evil and true. Listen closely; he mentions that the Press is the only industry protected by our constitution. We need to preserve freedom of the press. Our survival depends on it.
Doing Business With a Handshake
Posted on June 6, 2009
Filed Under Uncategorized | 0 Comments
Kevin O’Keefe recently wrote about his efforts to reconnect with his clients by visiting them one at a time. When he mentioned that the United Airlines “Speech” commercial (about having a face-to-face chat with every customer) aired 20 years ago, I was sure he was wrong because that commercial remains fresh in my mind. I looked around online and Kevin was right.
Despite the truth of the message conveyed in that commercial, United no longer does business “with a handshake, face-to-face.” Instead, United pushes all its customers to purchase tickets online. And, if you want to purchase tickets from a reservation sales agent, “the total price will include a $25 call center fee per ticket.” Once on board, United has also slashed its meal service so that if you want food, you either have to bring it yourself or purchase it from United. For the airline, that may save money and reduce wasted food; however, this approach also reduces the amount of service provided to customers and the opportunity for leaving a memorable experience. The net result is that all airlines provide an indistinguishable experience, except for JetBlue.
Another industry that has followed this approach is the banking industry. I don’t know if any banks still continue the practice of charging teller fees, but talk about completing dehumanizing your customer service experience. The funny thing is that a few months ago, I started receiving a lot of calls from banks asking me to open new accounts. Yes, these were banks that had accepted TARP money. But, who’s going to discuss their financial situation with some unverified person on the other end, even if you are sure it’s not a phishing attempt. The best bet for the banks would be for the teller to recommend some new financial products for the customer. But, if you push every one off to use ATMs, then you may need to do business with a handshake again, face-to-face.
Former Countrywide CEO Angelo Mozilo Charged With Fraud
Posted on June 5, 2009
Filed Under Banksters, economy, housing | 0 Comments
The Securities and Exchange Commission announced on Thursday it is filing civil-fraud charges against former Countrywide Financial CEO Angelo Mozilo in what would be the highest-profile government legal action against a chief executive that has arisen so far from the financial crisis.
Mozilo was charged with “deliberately misleading investors about the significant credit risks being taken in efforts to build and maintain the company’s market share,” as well as with insider trading, according to the SEC.
Former Chief Operating Officer and President David Sambol and former Chief Financial Officer Eric Sieracki were also named by the SEC, which alleges that they “misled the market by falsely assuring investors that Countrywide was primarily a prime-quality mortgage lender that had avoided the excesses of its competitors.”
Mozilo was widely criticized for selling some Countrywide stock in the first half of 2007 for $140 million in profits as the mortgage market topped out under a so-called executive sales plan, which was legal under federal securities rules. He had sold $60 million in the year-earlier period.
But Mozilo had modified the executive sales plan in late 2006 to accelerate his stock sales. Critics say he sped up them up because he was aware of problems at Countrywide.
Mozilo’s lawyer, David Siegel, could not be reached for comment Thursday, but Siegel has told The Wall Street Journal that there is no “fair basis” for any charges against Mozilo. Siegel has maintained that all sales were proper.
Walter Brown, an attorney for David Sambol, said the SEC “has no case” against his client. “This baseless complaint against Dave Sambol is the result of the tremendous political pressure the SEC is facing given its well-publicized enforcement failures,” Brown said. Brown is a partner at Orrick, Herrington & Sutcliffe, LLP.
Nicolas Morgan, an attorney for Eric Sieracki, said “the lawsuit that the SEC filed today against Mr. Sieracki is completely without merit. Mr. Sieracki did not violate any securities laws and committed no fraud on anyone.”
Morgan continued, “Mr. Sieracki lost money just like all other investors in Countrywide stock when the credit markets seized up and real estate values declined. He did not sell his Countrywide stock, rather he purchased Countrywide stock during the time when the SEC wrongly alleges Mr. Sieracki believed that Countrywide was withholding information from the market… We reject the allegations of the Complaint against Mr. Sieracki and we will defend the case vigorously.”
The SEC reportedly sent Mozilo a so-called Wells notice — a precursor to a civil lawsuit in an SEC investigation — several weeks ago. The Wells notice outlines to an individual or company what charges might be filed and gives a target a chance to respond. It must be approved by SEC commissioners.
Bank of America (BAC: 11.8, 0.55, 4.89%) purchased Countrywide for $2.5 billion in January 2008.
16118724 SEC Complaint Against Former Country Wide CEO Angelo Mozilo 1
Excerpts of E-Mails From Angelo Mozilo
Sept. 26, 2006 – following up a meeting with Sambol the previous day about the Pay-
Option ARM loan portfolio:We have no way, with any reasonable certainty, to assess the real risk of holding these loans on our balance sheet. The only history we can look to is that of World Savings however their portfolio was fundamentally different than ours in that their focus was equity and our focus is fico. In my judgement [sic], as a long time lender, I would always trade off fico for equity. The bottom line is that we are flying blind on how these loans will perform in a stressed environment of higher unemployment, reduced values and slowing home sales.
…
… pay options are currently mispriced in the secondary market, and that spread could disappear quickly if there is an foreseen [sic] headline event such as another lender getting into deep trouble with this product or
because of negative investor occurance [sic].
…
“timing is right” … to … “sell all newly originated pay options and beginrolling off the bank balance sheet, in an orderly manner, pay optionscurrently in their port[folio].”
April 17, 2006 – to Sambol concerning Countrywide’s subprime 80/20 loans:In all my years in the business I have never seen a more toxic prduct [sic].
It’s not only subordinated to the first, but the first is subprime. Inaddition, the FICOs are below 600, below 500 and some below 400[.]
With real estate values coming down…the product will becomeincreasingly worse. There has [sic] to be major changes in this program,including substantial increases in the minimum FICO. … Whether you consider the business milk or not, I am prepared to go without milk irrespective of the consequences to our production.
April 13, 2006 – to Sambol, Sieracki, and others to address issues relating to the 100
percent subprime second business in light of the losses associated with the HSBC
buyback:Loans had been originated … “through our channels with disregard for process[and] compliance with guidelines.”
…
He “personally observed a serious lack of compliance within our origination system as it relates to documentation and generally a deterioration in the quality of loans originated versus the pricing of those loan [sic].”
…
“[i]n my conversations with Sambol he calls the 100% sub prime seconds as the ‘milk’ of the business. Frankly, I consider that product line to be the poison of ours.”
On March 28, 2006 – to Sambol and others:Directed them to implement a series of corrective measures to “avoid the errors of both judgment and protocol that have led to the issues that we face today caused by the buybacks mandated by HSBC.” …
… The 100% loan-to-value subprime product is “the most dangerous product in existence and there can be nothing more toxic and therefore requires that no deviation from guidelines be permitted irrespective of the
circumstances.”
Obama Admits US Involvement in Iran Coup in 1953, But Doesn’t Admit American Involvement in False Flags
Posted on June 5, 2009
Filed Under New World Order | 0 Comments
June 4, 2009
Obama has admitted that the U.S. was involved in the Iranian coup in 1953.
I applaud the president for admitting this fact.
When will the U.S. admit that the U.S. was not only “involved”, but – as documented by the New York Times – Iranians working for the C.I.A. in the 1950’s posed as Communists and staged bombings in Iran in order to turn the country against its democratically-elected president (see also this essay)?
And when will America admit that – as confirmed by a former Italian Prime Minister, an Italian judge, and the former head of Italian counterintelligence – that NATO, with the help of the Pentagon and CIA, carried out terror bombings in Italy and blamed the communists, in order to rally people’s support for their governments in Europe in their fight against communism. As one participant in this formerly-secret program stated: “You had to attack civilians, people, women, children, innocent people, unknown people far removed from any political game. The reason was quite simple. They were supposed to force these people, the Italian public, to turn to the state to ask for greater security.”
And when will we admit that – as confirmed by recently declassified documents – in the 1960’s, the American Joint Chiefs of Staff signed off on a plan to blow up AMERICAN airplanes (using an elaborate plan involving the switching of airplanes), and also to commit terrorist acts on American soil, and then to blame it on the Cubans in order to justify an invasion of Cuba. If you view no other links in this article, please read the following ABC news report; the official documents; and watch this interview with the former Washington Investigative Producer for ABC’s World News Tonight with Peter Jennings?
Because the important admission is not that the U.S. helped with a coup, but that America and virtually all other powerful nations throughout history have used “false flag terror” as means to political ends.
-
About Peter Santilli
The People's Advocate, News Junkie, Revolutionary
Subscribe To My Blog By Email (or click the orange RSS button in the upper right corner)
-
Admin
Stumble it!
Technorati Profile
