World-News

Ellen Brown, Truthout: ''An electronic database called MERS (Mortgage Electronic Registration Systems) has created defects in the chain of title to over half the homes in America. Counties have been cheated out of millions of dollars in recording fees, and their title records are in hopeless disarray. Meanwhile, foreclosed and abandoned homes are blighting neighborhoods. Straightening out the records and restoring the homes to occupancy is clearly in the public interest?. But how? New legal developments are presenting some innovative alternatives.''

http://www.truth-out.org/occupy-neighborhood/1326472096



Bill Moyers: Occupy a Cause

Bill Moyers, Moyers & Co.: ''What?s the common cause behind Occupy protesters? The Moyers & Company team visited the Occupy Wall Street site several times between October and December in 2011, visits that reveal real faces, real people, and a true common cause. In this premiere Bill Moyers Essay, Bill talks about their anger, not at the concept of wealth itself, but at the crony capitalists who resort to tricks, loopholes, and hard, cold cash for politicians to make sure insiders prosper.''

http://www.truth-out.org/bill-moyers-occupy-cause/1326562917



Protesters Demand Tougher Robo-Signing Settlement for Banks Making Record Executive Payouts

Mike Ludwig, Truthout: ''Federal officials this week are moving to finalize a settlement with banks over the 'robo-signing' scandal, and activists say several banks accused of processing fraudulent foreclosure documents in recent years made a record $144 billion in payouts to employees in 2011.''

http://www.truth-out.org/protesters-demand-tougher-robo-signing-settlement-banks/1327350914



Why All the Robo-Signing? Shining a Light on the Shadow Banking System

Ellen Brown, Truthout: ''The Wall Street Journal reported ... that the Obama administration was pushing heavily to get the 50 state attorneys general to agree to a settlement with five major banks in the 'robo-signing' scandal. The scandal involves employees signing names not their own, under titles they did not really have, attesting to the veracity of documents they had not really reviewed. Investigation is revealing that it did not just happen occasionally, but was an industry-wide practice ... and that it may have clouded the titles of millions of homes.''

http://www.truth-out.org/why-all-robo-signing-shining-light-shadow-banking-system/1327502824

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Home Seizures May Jump 25% This Year as U.S. Foreclosures

Resume: The number of home repossessions is likely to rise about 25 percent from the more than 804,000 properties seized last year as lenders resume foreclosure actions

http://buswk.co/z0DlkG


From Information Clearing House

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Crony Capitalism
http://www.commondreams.org/video/2012/01/21



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Obama
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=crony+capitalis
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=wealthy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=foreclos
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=shadow+banking
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=robo-signing
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=executive+payout
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Wall+Street
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=OWS
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Occupy+Movement
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Ellen+Brown
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Moyers
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Mike+Ludwig
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