Tuesday, February 12, 2013

SUBPRIME MORTGAGE ARMAGEDDON!

                                >>>EXPOSE BARACK OBAMA*<<<
                  *Obama had a very significant role in causing the Financial Crisis

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* 25% of THE profits of SKULLDUGGERY book sales go to Wounded Warriors



SUBPRIME MORTGAGE ARMAGEDDON! 

3 Proverbial Pictures Worth 1,000 Words!




#1 The new and amazing book just to the right
#2 The very revealing, tell-all chart just below
#3 The blockbuster book: Skullduggery! TRUE Causes of the Financial Crisis, toward the bottom.



#1- It's no coincidence that *AEI Sr Fellow and Scholar Peter J. Wallison's new book depicts Barack, Chris and Barney on the cover with the prophetic words: "Bad History, Worse Policy / How a False Narrative about the Financial Crisis Led to the Dodd-Frank Act"

*American Enterprise Institute www.aei.org (Go there, search "Peter J. Wallison" and read his substantial, decades long writings about the true causes of the Financial Crisis.


#2 - The chart / graph just below WILL MAKE YOU ASK: "What the hell happened in 2008!?"

#3 - The front of my book: Skullduggery! True Causes of the Financial Crisis (at the bottom) leaves zero doubt that sinister forces were at work in D.C., causing the Financial Crisis.


If you take a few minutes to read / study this post, polls show you will then know more than 93% of people know about the true origins of, the ideologies of and the people who orchestrated The Financial Crisis!  (There is more on Peter J. Wallison's new book toward the bottom of this post!) 

It's time we change the false narrative that: "Fat Cat Bankers, Greedy Wall Streeters & the Failed Policies of the Previous Administration" caused the Financial Crisis.  It may be an 'inconvenient truth' for the real guilty parties but it's a blatant lie.  Scholars and Sr Fellows like >Peter J. Wallison< (more on him below) and historians are hard at work to set the record straight and make certain that the guilty parties get their due "credit" for the history books.  (It is NOT a coincidence that Peter J. Wallison placed Barack, Chris and Barney on his book cover!)

Yes... it's all a very big lie first uttered in 2008 by presidential candidate *Barack Obama to divert attention away from his very significant role in causing the worst recession since The Great Depression.  (He had help but Obama makes the Top 3 list and the other two economic pinheads in the Top 3 are also on the cover of the new book just above!)

* At the link just below is the story about the 1995 landmark lawsuit Barack Obama was part of (he was on a team of Chicago lawyers) that set the wheels in motion that forced banks to make what we know now as "subprime loans", falsely labeled as AAA securities, that accrued over a 10 year period on the balance sheets of banks, mortgage banks, investment banks and other investment accounts around the world.  Of course these loans predictably started defaulting, eventually causing 40% or more of all home mortgages to default (2% defaults were the norm since 1940) and the world's economies came crashing down like so many dominoes.  Thank you Barry, Barney and Chris.

http://dailycaller.com/2012/09/03/with-landmark-lawsuit-barack-obama-pushed-banks-to-give-subprime-loans-to-chicagos-african-americans/

YOU MUST READ THE STORY AT THAT LINK!  In the end analysis, over 50% of minorities, the very people Obama professed to be helping, lost their homes to foreclosure between 2009 and 2012.  Oh the irony that befell an overzealous political ideologue!  It brings to mind the cliche:  'With friends like that, who needs enemies?'


>>*SUPPORT WOUNDED WARRIORS*<<
* 25% of THE profits of SKULLDUGGERY! book sales go to Wounded Warriors


Skullduggery! True Causes of the Financial Crisis
This groundbreaking book became a best seller in January 2013, causing great angst in liberal political circles.  It's now a groundswell and ruffling a lot of feathers inside & outside the beltway!



#2 - Here is the 2nd picture worth 1,000 words:
(Ready for some details that virtually no one outside Wall Street, the mortgage banking industry or certain Senate and House Banking and Finance committees know?  Here it comes!)


QUESTION #1 - Why did the price of homes in the U.S. average a 3.5% annual increase from 1890 to 2008 and then suddenly and overtly spike 90% in price from 1997 through 2006?
ANSWER:  In large part because of a 1995 lawsuit by Barack Obama, Bill Clinton's passage in 1998 of Gramm-Leach-Bliley and because liberals on the Senate Banking Committee in 2002 BURIED the results of Harvard Professor Howell Jackson's findings on over 3,000 mortgages - this study proved home buyers were being egregiously ripped off by the banks with APR's as high 114%!  If that Senate Banking Committee had acted on the findings of Professor Jackson's multi-year study, the Financial Crisis most likely would have been averted!!!  For your consideration, here is a short list of some notables that were on that January 2002 Senate Banking Committee that are still in the news today:

Chris Dodd // Chuck Schumer // Phil Gramm // John Kerry // Chuck Hagel

Does anyone else see a pattern here...  Think about this - some of the most ardent liberals in Congress and staunch supporters of subprime mortgages, BURIED the incontrovertible conclusions that banks were ripping people off with subprime mortgages, hidden fees, pre-payment penalties, negative amortization loans (the balance actually increased with each payment), margins on ARM's (adjustable rate mortgages) that GUARANTEED the interest rate would go up even if overall interest rates were declining, and more!

Professor Jackson pointed all this out to this January 2002 Senate Banking Committee and they BURIED IT!  If instead they had acted on this information and stopped the madness, there would not have been a meltdown of the economy!!!  Are you mad as hell yet?

http://www.gpo.gov/fdsys/pkg/CHRG-107shrg84933/html/CHRG-107shrg84933.htm

   and here

   http://www.banking.senate.gov/02_01hrg/010802/jackson.htm

(There is data / proof in this 2nd link much earlier in the document that shows the egregious abuse of homebuyers... 85%-90% of all loans had hidden fees that amounted to as much as 75% of the overall costs of the loan. Think about that! 75% of the fees a home buyer paid were unknown to them and this occurred on 85%-90% of all home loans!  And the 2002 Senate Banking Committee knew this and buried it!!!)


QUESTION #2 - What the hell happened in 2008 to cause such a spurt in home prices?
ANSWER: The culmination of events, mostly from 1998 to 2005, set in motion what became known as the Subprime Mortgage Boom (tsunami is more like it).

QUESTION #3 - Who were the primary architects of the Housing Boom = Housing Bust = The Great Recession of 2007-2013 and counting?
ANSWER: *Barack Obama, Bill Clinton, *Chris Dodd, *Barney Frank, Maxine Waters, Chuck Schumer, Robert Rubin, Chuck Schumer, Sandy Weil, Henry Paulson, Andrew Cuomo, Franklin Raines, Jamie Gorelick and these are only the MAJOR players, tax cheaters and curmudgeons!

* Note again these 3 career and corrupt politicians adorn the cover of Peter J. Wallison's new book! 

QUESTION #4 - Was this done on purpose?
ANSWER: An argument can be made that it was indeed done on purpose and in Skullduggery!, I lay out information and some facts that support that premise.



LEARN THE COMPLETE ANSWERS TO THOSE QUESTIONS AND MANY MORE.

>>>>>>>>EXPOSE BARACK OBAMA<<<<<<<<


#3 - Here is the 3rd picture worth 1,000 words:
Skullduggery! True Causes of the Financial Crisis by Ted Krager, a Wall Street and Mortgage banking Executive, is blowing the whistle / pulling back the curtain on  the MAJOR role that Barack Obama had in destroying not only the U.S. economy, but in causing the global contagion  caused by subprime mortgages.

<> The link just below is a 1 minute 13 sec video on this best-selling book.<>

http://www.youtube.com/watch?v=WRGKbgmU94A 
                                                               


http://www.skullduggerybook.com/

OR

of course at Amazon:


SUPPORT WOUNDED WARRIORS*
* 25% of THE profits of SKULLDUGGERY book sales go to Wounded Warriors






http://www.amazon.com/s/ref=nb_sb_ss_i_0_24?url=search-alias%3Dstripbooks&field-keywords=skullduggery+true+causes+of+financial+crisis&sprefix=skullduggery+true+causes%2Cstripbooks%2C281

(Available in hardback, paperback, Kindle or Nook.)


Back to Peter J Wallison's new book - Bad History, Worse Policy ...he gave me permission to use a great deal of his Wall Street Journal and American Enterprise Institute writings in Skullduggery!

His book comes out on February 19th, 2013.  It further documents excellently and completely the roles that not only Barack Obama played in causing The Financial Crisis, but a host of other Congressional liberals and their supporters who played god with the housing market and in the process took down the global economy.
  • Learn more about the book here:
*  http://www.aei.org/book/economics/financial-services/bad-history-worse-policy-how-a-false-narrative-about-the-financial-crisis-led-to-the-dodd-frank-act/

  • I was given a pre-release copy 2 weeks ahead of the release date and I have read the book.  It leaves ZERO doubt about who the ARCHITECTS OF THE FINANCIAL CRISIS are. It names them, their actions, the dates of those actions, their intentions and the ongoing repercussions the global economy will continue to suffer for a lot of years.

READ THIS MAN's BIOGRAPHY at the link below!  HE IS ONE OF THE MOST KNOWLEDGEABLE SCHOLARS IN THE WORLD ON THE HOUSING INDUSTRY, FANNIE MAE, FREDDIE MAC, THE FRAUD PERPETRATED ON THE PUBLIC AND THE TRUE CAUSES OF THE FINANCIAL CRISIS!

**  http://en.wikipedia.org/wiki/Peter_J._Wallison

You will appreciate this man's life work.  He has worked for several Governors, vice-Presidents, Presidents and presidential candidates.


>>*SUPPORT WOUNDED WARRIORS*<<
* 25% of the profits of SKULLDUGGERY! book sales go to Wounded Warriors