The Fed Defends The Banksters

"........the Fed wants to change the law to force a borrower to pay off his mortgage even if the mortgage bank doesn't hold a legitimate interest in the house. This is sheer insanity. It should be clear from this that the Fed not only knows about the vast extent of the mortgage fraud, but is seeking to further victimize the victims of it. And it is no longer even pretending to be interested in the fate of the homeowning American public anymore."

Praise The Lord And Pass The Ammunition......It's Starting

Global Guerrillas

Josh Rosner, a well respected banking analyst (via Naked Capitalism). He maintains: What if nearly all of the mortgages that were securitized (mortgage loans that were bundled and sold as securities) over the last decade are actually unsecured or worthless paper? A couple court cases forced by actions like this, could set off the stampede.