Bad Loans, Mortgage Notes, Foreclosures all part of possibly the biggest Scam in U.S. History

A mortgage Note is the document that proves who holds the mortgage on the home that’s being bought.  There’s more and more evidence that the big banks can’t find those notes.  That includes Notes on homes that have already been foreclosed.  Another problem is that, in states that require court involvement, the judges never […] Continue Reading…

Food Crisis: Drought, Floods, now Locust in Australia

Australia is struggling to keep it’s lucrative agriculture industry booming.  Some areas of Australia are dealing with the worst drought on record.  Other areas are dealing with floods, and now Locust.

Parkes, Australia, dealing with drought.
Wangaratta, Australia, dealing with floods.

This is a major threat to Australia’s economy.  Their economy is based mainly on service […] Continue Reading…

Senate Passes Retirement Reforms People say Strikes will Continue

The French Senate passed the controversial bill to increase the retirement age, as well as other rules.  At last count there were 250 amendments to the bill.  President Sarkozy issued a directive which allowed the Senate to vote without further deliberation.

Most university students, and union members, voted to continue strikes.

Part of the reforms include […] Continue Reading…

French Government Cracks Down, Because they want to go on Holiday

On the day the French Senate is to vote on a controversial retirement plan, French police have been ordered to crack down on protesters.  The first plan of attack for the police; get the oil refineries running again.

The French government issued a ‘requisition’ order, which means they believe the strikes threaten public order.  […] Continue Reading…

Here we go again, Toyota recalls Millions of Vehicles

Today, Toyota announced that they are recalling 1.5 million cars and sport utility vehicles, in Japan and the United States, for faulty power brake systems and faulty fuel pumps.

The US recall includes 2005 and 2006 Avalon, 2004 to 2006 non-hybrid Highlander and Lexus RX330, and 2006 Lexus GS300, IS250, and IS350.

The brake master cylinder […] Continue Reading…

Britain Enacts Huge Budget Cuts, Will the British People Rise Up Like the French?

I was watching a debate on the French strikes, and a British commentator said that what was going on in France would never happen in Britain, because there are laws against such demonstrations.  I wounder, after the British government will start the deepest cuts in 60 years?

By 2015, the cuts would amount to about […] Continue Reading…

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