Free Talk Live

Collier County, Florida -- Have you heard the one about a homeowner foreclosing on a bank?

Well, it has happened in Florida and involves a North Carolina based bank.

Instead of Bank of America foreclosing on some Florida homeowner, the homeowners had sheriff's deputies foreclose on the bank.

This means that the investment bank's European derivatives exposure is now backstopped by U.S. taxpayers. Bank of America didn't get regulatory approval to do this, they just did it at the request of frightened counterparties. Now the Fed and the FDIC are fighting as to whether this was sound. The Fed wants to "give relief" to the bank holding company, which is under heavy pressure.

Whatever Bank of America says must be true, right? Which is rough news for one man who just found out he's been dead since 2009, according to the bank. They also reported the sad news to the three major credit rating agencies, and that really put a kink in his request for a bank loan for his new home.

“If I wanted America to fail” logged over 120,000 hits in less than 36 hours; and then the Twitter page for Free Market America, the group behind the video, was suspended midway through Earth Day.

This illustrates the value of alternatives to outlets like Twitter, Google, and Facebook.

The World Bank has clued in to the fact that many Eastern Europeans prefer to work in the "shadow economy" — that is, off the books and out of sight of tax men, inspectors and other assorted bureaucrats. This has the World Bank very concerned, for a variety of reasons — some convincing, and others, not so much. By the way, World Bank Employees are exempt from income taxes.

when the Sowers earned over $10,000 in February, and learned they’d have to fill out paperwork at the bank for such large deposits, they simply rolled the deposits over to keep them below that amount, rather than waste time on bureaucratic red tape.
Structuring explains Overlawyered.com, is the federal criminal offense of splitting up bank deposits so as to keep them under a threshold such as $10,000 above which banks have to report transactions to the government.

Slavery still exists, unseen, in modern day America. Thanks to student loans and mortgages, many people are hounded by creditors, losing their livelihood and finding it impossible to save for the future. Forced to work within the system, trading labor for bank notes, sending those bank notes back into the pockets of our lifelong lenders, Americans are slaves to their debt.

HAVE YOU BEEN DEFRAUDED

BY YOUR BANK???

The only way to know if YOU have been scammed is to analyze

your “Mortgage” or “Loan Documents” YOURSELF!

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After German blog "All is Smoke and Mirrors" floated an idea of an organized bank run (something attempted previously in the US without much success) in France in response to French austerity protests (which have resulted in no gains), the effort has since expanded to a pan-European organized bank run day on December 7, 2010, and has metastasized to Italy, Germany, the Netherlands, the UK and Greece.