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thinkahol *

Massachusetts County Claims 75% Of Mortgages Assignments Are Invalid And Ineligible For... - 0 views

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    The Register of Deeds of South Essex County, Mass. is waging war on the banks over predatory lending and mortgage fraud (via Total Mortgage). John O'Brien's case hinges on the fact that the MERS system set up to expedite the bundling of mortgage backed securities skirted numerous local transaction fees. O'Brien figures his town lost as much as $22 million in revenue since 1998. To get some of it back he commissioned an audit of 2010 mortgage assignments. 16% of the assignments were valid, 75% were invalid, and 9% were deemed questionable. Of those that are invalid, 27% were fraudulent, 35% showed evidence of robo-signing, and 10% violated the Massachusetts Mortgage Fraud Statute. The proper owner of the mortgages could only be determined 60% of the time. In a release by his office O'Brien said: "This evidence has made it clear to me that the only way we can ever determine the total economic loss and the amount damage done to the taxpayers is by conducting a full forensic audit of all registry of deeds in Massachusetts. I suspect that at the end of the day we are going to find that the taxpayers have been bilked in this state alone of over 400 million dollars not including the accrued interest plus costs and penalties. The Audit makes the finding that this was not only a MERS problem, but a scheme also perpetuated by MERS shareholder banks such Bank of America, Wells Fargo, JP Morgan and others. I am stunned and appalled by the fact that America's biggest banks have played fast and loose with people's biggest asset - their homes.  This is disgusting, and this is criminal."
Joe La Fleur

Department of Justice Assigns 5 Prosecutors to Retrial of Roger Clemens but None for Bl... - 0 views

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    RACIAL FAVORITISM FROM A CLEARLY RACIST ADMINISTRAITION
thinkahol *

Big government? In the Gulf, it's too small and too weak - Joe Conason - Salon.com - 0 views

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    Federal inspectors assigned to inspect oil platforms in the Gulf are poorly trained, over-stretched and powerless.
Joe La Fleur

Breitbart's Coroner Found Dead; Was He A Loose End? - 0 views

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    For those of you out there who believe that the Obama Administraition had nothing to do with Andrew Breitbarts death, check this out!
Skeptical Debunker

Delivering Health, Wealth and Water, Drip by Drip - 0 views

  • Solar-powered drip irrigation enhances food security in the Sudano–Sahel documents a field research project which found that: "solar-powered drip irrigation significantly augments both household income and nutritional intake, particularly during the dry season, and is cost effective compared to alternative technologies" Over the decades, irrigation has been shown to greatly increase agricultural productivity. Drip irrigation is spreading rapidly in Africa, with significant benefits. "Drip irrigation delivers water (and fertilizer) directly to the roots of plants, thereby improving soil moisture conditions; in some studies, this has resulted in yield gains of up to 100%, water savings of up to 40–80%, and associated fertilizer, pesticide, and labor savings over conventional irrigation systems" The solar-powered systems, however, look to offer the potential for even better results. From the study on impacts of PVDI systems it was reported: "The women’s agricultural group members utilizing the PVDI systems became strong net producers in vegetables with extra income earned from sales, significantly increasing their purchases of staples, pulses, and protein during the dry season, and oil during the rainy season. Finally, survey respondents were asked how frequently they were unable to meet their household food needs. Based on the frequency and most recent incident, households were assigned a food insecurity score ranging from zero (no problems during the previous year) to one (perpetually unable to meet food needs). This score changed significantly for project beneficiaries, as they were 17% less likely to feel chronically food-insecure. In short, the PVDI systems had a remarkable effect on both year-round and seasonal food access."
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    Several weeks ago, a group of researchers published an article in the Proceedings of the National Academy of Sciences documenting how relatively low-powered solar systems offer the potential to increase food supplies in impoverished arid regions while reducing demands for fertilizers and other costly (in fiscal and other terms) additives.
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