Under the guise of "stimulating the economy," the terms of the Making Homes Affordable Act is beginning to bear scrutiny.  Just whose economy is the focus of this stimulus?

Due to many recent reports in the mainstream media with respect to Obama's foreclosure rescue and remedy under this "solution" which was passed by Congress after the bank "bailouts," with now lawsuits being filed, and inordinate delays with many, many additional homeowners losing their homes right and left, I began again doing some research on the holdups and complaints.  And the provisions of the program.

There were another 300,000 homeowners made homeless last month according to RealtyTrac.  Over 77% of the homes that are being foreclosed upon are homes in the states of California, Nevada, Arizona, Florida and Michigan.  Michigan is no surprise due to the fact that unemployment there is off the charts due to the difficulties which have been reported in the outsourcing of jobs which has occured in the auto industry. 

It is also, coincidentally, the home state of IndyMac Bank which was one of the primary lenders of some of those creative loans backed by Freddie Mac and Fannie Mae.  And a state with an inordinate amount of properties that are "governed" by another layer of government given the power of foreclosure for nonpayment of added property taxes in the form of homeowner's associations.

The other states listed in the top five are all Sunbelt states, having an inordinate amount of retirees and those on fixed incomes, and "retirement communities" also with this added layer of government and extra property taxes in the form of homeowners associations. 

And California just so happens also to be the home of a great many also of those lenders for homes financed in those states, with IndyMac, Countrywide and Bank of America holding a great many of those subprime and creative adjustables that were marketed heavily during the boom, and then rebundled and resold on the stock exchange also mostly to global investors.

It appears what has been occurring is that while all these homeowners at risk of losing their homes are in processing for renegotiated loans due to now the lower valuations of their properties, those interest and late fees are continuing to pile up and are being collected at a rather high rate under those original loan terms.  Also, for most of he counseling or interventionary actions by these service providers, there are fees also involved for their services which are being mostly picked up by the taxpayers, but also in nominal fees to these homeowners in some cases.

Bank of America has reported it only has renegotiated less than 4% of its loans at risk.  And was one of those rebundlers and is based out of Los Angeles (although now owned by Merrill Lynch under the terms of the behind closed doors bank bailout).

In the end, most of these homeowners after continuing to pay what they can which is being credited first to the late fees and interest, of course, are in the end losing their homes anway.

Not to be reading any deviousness on the part of these banks and lenders, or Washington (although at this point the evidence now points to the fact that Washington and the bankers are clearly bedfellows in this manipulated crisis), could it possibly be that this entire "Act" was simply another "stimulus" for Wall Street and the financial sector for the U.S. banks at the expense of both the American people, and some of those foreign investors?

Could some of these banks, as "agents" of the federal government now since those notes were unlawfully allowed to be resold on the global market outside our Constitution's provisions with respect to "globalizing" our economy to begin with,  be merely negotiating down the balances due to those foreigner investors, with the banks then foreclosing anyway and getting a bang up steal in reassuming those properties in the process for their own real estate portfolios? 

Banks only do make money when homes "turn over," not when they are paid off.  And so do the corporate foreclosure lawyers, realtors and any number of other industries that are tied to banking such as title companies, appraisers and the like.

A great many of the Bosnians refugees who were taken in during the Clinton era received new automobiles for themselves and their children who were driving age, from reports of parents who have had children in U.S. schools with many of the Bosnia refugees.

The homes in which the prices are being most depressed are high illegal immigrant states also, and there has been word that another attempt to legalize these individuals is going to be another of Mr. Obama and this Congress's major focuses.

I wonder if a new home in the West or Southwest or reduced rate American taxpayer backed loan is going to be part of that package?

At the news that continues to come off the Hill, such a move wouldn't surprise me in the slightest at this point.

After all, bankers profit and Wall Street's survival, no matter what the cost to any and all native or naturalized existing American Joe the Plumbers or the American middle class in this nation, appears to be the major focus here. 

For Any And All Constitutional Conserve-atives:

Another story beaten to death by the mainstream media and the Obama Administration came to a conclusion Thursday at the White House with Mr. Obama, Mr. Biden, Dr. Gates and the Cambridge police officer who "arrested" Dr. Gates purportedly due to a "crime in progress" call he received at the Gates residence having a cold one for all the news cameras.

With all the spin that has been occurring in the mainstream media, much of which since 9/11 has left much to be desired in the way of factual journalism and which act more as media reps for "their" politicians due to Big Business corporate ownership and who merely play off each other with respect to political news on the Hill, even the details of this supposed "crime" have been questionable.

Starting with the fact that it has now been reported it was a "senior citizen" who made the call. I'll let that one go for now, since it appears now the seniors are going to be brought into this political circus perhaps for poor eyesight in not recognizing Dr. Gates in the middle of the afternoon, mind you.

The spins on this "story" have been just too incredible to believe at this point.

And appears at least in my educated opinion watching how this has progressed now for almost a week and a half, this was a staged event being used for political purposes most of all. Especially now that even Colin Powell was on Larry King putting in his two cents with respect to supposedly a dereliction of protocol in that an "adult supervisor" (or SWAT negotiator?) hadn't been called in to mediate.

Mr. Obama has been losing points fast with the American public, especially in light of his "solutions" which have not been solutions at all per his campaign rhetoric but simply continuations of the same agendas and even upping the civil rights violations now on the American people of the Bush Administration.

Other than calling for closing Guantanamo he is really 0-3 on his promises to end the war, look out for Joe the Plumber and the middle class (tell that one to the laid off GM workers in Detroit, I dare you), and solving the mortgage mess and crisis.

There was just something a little strange about the "convenience" of this entire incident, and the amount of press it received for my liking. And it appears a good many other Americans also. Good way to shift the pressure and heat off the Hill for the next tax scam on the American people, the L. Ron Hubbard/George Orwell "Science Based" Universal Health Care Plan.

And also keep the racial thing alive as a diversionary tactic and method to use to facilitate civil unrest since civil unrest means the government can use it also as an excuse for much of its extra-Constitutional now security measures against Americans so long as they can keep the fear factor alive.

Inciting civil unrest actually is how many communist leaders and governments came to be. And just why aren't our own borders secured, or some of these foreign individuals from Middle Eastern countries with active terrorist cells not simply deported at this point?

Or, in fact, since America is still at war (although never called Constitutionally or "legally" declared under Bush or that Congress) then why aren't all non-green card holders deported at this point until we have ended this "conflict" or "engagement" or whatever the heck it is since it appears those on the Hill have about as much clue as the American people why we are STILL now eight years later over there? 

And all foreign entry visas denied until it is? 

After all, I'm sure Mr. Powell is aware of this.  After any attack on any military installation in this country is it not SOP that the "base" is locked down until any additional threats are addressed, and all passes then denied to any and all entering or leaving the base until the crime is solved and perpetrators brought to justice?  The military bases in this country actually have far greater "common defense" provisions than our entire country - especially for those living in the border states most of all due to the criminal activity, theft and violent crimes that can be directly tied to it. 

Many Americans could sure use those jobs.

I know, the finale for "So You Think You Can Dance" is next week and Nigel and that other British MC just might have to miss it and the shows producers and network would then have to get an American replacement that might result in a point or two drop in the ratings.

That health care "solution" in appointing a Health Care "God" using actuarial tables for treatment plans is looking more and more like the "science based" Cap & Trade scam which was propagandized to the hilt, and quite obviously meant to feed the Wall Street bankers for that carbon credit market that will be initiated on the backs of the American public in higher utility bills that wipe out that little crumb of a tax rebate and credit thrown out at election time.

Especially now when those inflationary taxes and utility bills start soaring off the charts, in addition to the continued loss of jobs and homes that is still escalating.

I wonder how many members of Congress are heavily invested in energy development and utility companies. Or for that matter Wall Street itself. Maybe 100%?

And then the "spins" on the Beer Summit being a "teachable moment" for America and America's children.
 Please.

Does Mr. Obama and those serving now in our federal government in all three branches truly think that they are examples that America's children should use for role models? A Commander in Chief that speaks of transparency, while hiring three law firms to prevent disclosure of his birth or academic records in order to even verify that he meets the minimum qualifications of the Office of the Presidency? 

A Supreme Court that has gotten increasing more and more political and sovereign favoring in its rulings with respect to Americans Bill of Rights protection, and has refused over six legal challenges to Obama's citizenship status? 

And A Congress that just engaged in a "sleight of hand" in order to also circumvent all those challeges in using a bogus "Resolution" congratulating Hawaii on its 50th anniversary as a state by including a cute little sentence introducting this Resolution with respect to Mr. Obama's birth again without any clear evidence or documentation, in order to also deny the people their right to review the evidence that Obama meets those absolutely minimal requirements (although clear that his status, from the founders "intent" with respect to that provision would clearly make him a foreigner and not "natural born" or "naturalized" American at all, due to reasons behind that provision itself, and their intent in so providing).

Forget the next Beer Summit. Our taxpayer dollars would be better spent in group therapy for those holding federal office, and would assist in at least minimally reducing that federal deficit and taxpayer bite that already has left more Americans homeless and jobless than at any time since the Depression.

Do I hear "Cheers" out there in the South, West and Midwest?

In America yesterday hundreds of thousands of Americans  banded together in order to stage mass protest "tea parties" throughout the nation in response to the recent bank bail-outs, stimulus, high taxes and lack of regulation over the Federal Reserve, a private banking institution which regulates and controls this nation's currency.

Prior to these organized events, a memo was issued from the Department of Homeland Security which now is targeting dissident Americans who do not hold with the federal government's continuing violations upon America's Constitution, including returning Iraq and Afghanistan war veterans, as "extreme right wing" terrorists.

This memorandum was distributed to state and local law enforcement agencies throughout the nation.

The memorandum in part, had this to say with respect to it's definition of "right wing extremism:"

"Rightwing extremism," the report said in a footnote on Page 2, goes beyond religious and racial hate groups and extends to "those that are mainly anti-government, rejecting federal authority in favor of state or local authority, or rejecting government authority entirely."

"It may include groups and individuals that are dedicated to a single issue, such as opposition to abortion or immigration," said the report, which also listed gun owners and veterans of the Iraq and Afghanistan wars as potential risks."

Several members of Congress are now confronting the Department's Secretary in an effort to gain an explanation for the broad-based and open ended language contained in the memo, which actually targets any and all who may disagree with governmental policy - although in America such dissident protests and positions are protected under the American Bill of Rights affording the right to "free association and assembly" and "freedom of speech."

In fact, these are fundamental rights and freedoms given to all natural or naturalized Americans, which restrictions in England actually were the basis of America's Revolutionary War in 1776.

Interesting enough, however, mention by these same Congressmen has not been made that in late 2007 over 400 members of Congress passed an Act, "The Violent Radicalization and Homegrown Terorist Act of 2007" in which such broad based language was included which actually is responsible for Ms. Napolitano's issuance of such an illegal and unlawful memorandum.

This Bill passed overwhelmingly in the House, although it is unclear whether or not it has yet been addressed or passed by the Senate.

This Act makes not simply acts of violent terrorism by foreigners against the country or American people a crime, but the mere political disagreement or political ideology which differs with elected or appointed governmental officials by Americans a crime in and of itself.

In short, governmental tyranny at it's core, and a fundamental violation of the basis upon which this entire nation was founded.  The founders of this country were "radical" in their beliefs themselves.

In fact, the Department of Homeland Security, according to a YouTube video, is using this Act in order to now rewrite American history, teaching local and state government officials that the founding fathers of this nation were actually the first terrorists.

Global socialism now is not only destroying this nation's economy, but it's very essence, by those now in Washington who have abandoned the very principles and foundations upon which those founders fought - freedom over governmental tyranny.

Actually, it appears this Act and memo have made the government itself a "hate group" of the majority of a significant number of the American people, by last polls, that do not agreement with the onging War in Iraq, stimulus provisions, Federal Reserves arbitrary monetary policies.  It appears that instead of the government being representative of the people, it is now it's own hate group targeting the people.

You can read the provisions of the Senate version (S-1959) of this bill at:

http://www.govtrack.us/congress/billtext.xpd?bill=s110-1959

http://www.backupamerica.org