Health Ranger: “California to throw adults in JAIL if they refuse government-mandated vaccines”


California to throw adults in JAIL if they refuse government-mandated vaccines

SB792
 (NaturalNews) In case you haven’t noticed, there’s an incremental push right now by the controlling elite to force vaccinations on all Americans, both young and old. And this agenda is gaining considerable traction in California, where legislators are now moving forward with plans to force childhood vaccines on all adults who work in daycare centers, both private and public.

Senate Bill 792, also known as the “Day care facilities: immunizations: exemptions” act, was presented quietly alongside SB 277, which eliminates personal, philosophical and religious vaccine exemptions for children who attend both private and public schools in the Golden State. The bill, as recently heard by the California Assembly Human Services Committee, reads as follows:

This bill, commencing September 1, 2016, would prohibit a day care center or a family day care home from employing any person who has not been immunized against influenza, pertussis, and measles.

If passed, SB 792 would represent the first adult vaccine mandate in the U.S. that disallows exemptions for personal reasons, and that threatens criminal penalties for those who fail or refuse to comply. Here’s how Vaccine Impact describes SB 792:

SB 792, would eliminate an adult’s right to exempt themselves from one, some, or all vaccines, a risk-laden medical procedure.


This bill would make California the first state to require mandated vaccinations for all childcare workers, including all private and public school early childhood education programs (Headstart, Private preK and preschools), family daycares, and daycare centers.

SB 792 represents medical violence against adults

An affront to both medical and religious liberty, SB 792 appears to be the wave of the future in New America, where the perceived health of the “herd” is now more important than the health of the individual. Never before in the history of the United States have legislators pushed this hard to literally force vaccine injections on the public under duress.

But why do they feel the need to do this if vaccines really work and are truly safe as claimed? The answer is that vaccines aren’t safe and effective, and more people than ever are acknowledging this truth and opting out of the “requirements” of the system through vaccine exemptions, hence the rush to eliminate these exemptions as quickly as possible, starting with California.

“This bill eliminates medical autonomy, crushes religious freedom, undermines personal freedom, and burdens quality providers with a non-optional series of medical interventions in the form of mandated vaccines that are not even 100% effective,” adds Vaccine Impact.

Contact California legislators and say NO to SB 792

As of this writing, SB 792 awaits a hearing by California’s Committee on Appropriations, having recently passed through the Assembly Human Services Committee with a 6-1 vote. The official vote tally reveals that the following members of this committee voted in FAVOR of passing SB 792:

Ian C. Calderon
Kansen Chu
Patty Lopez
Brian Maienschein
Mark Stone
Tony Thurmond

You can contact the above individuals here and let them know how you feel about their betrayal of medical freedom in California.

You can also contact the individual members of the Committee on Appropriations and tell them to vote AGAINST SB 792 by visiting: pro.assembly.ca.gov

If Americans sit idly by while corrupt legislators pass incremental bills like SB 277 and SB 792, it will only be a matter of time before even stricter bills come along mandating vaccinations for additional groups of people, until eventually everyone is forced into being vaccinated by the state for the benefit of “public health.”

“Laws like these are forging a burden of responsibility that is collectively shared by everyone,” writes Joshua Krause for GlobalResearch.ca.

“It won’t be long before they try to force vaccines on every adult and child in California. And if they pull it off there, legislators in other states will try to see if they can use the sheepish tyranny of majority rule to force vaccines on their citizens as well.”

Sources:

experimentalvaccines.org

vaccineimpact.com

globalresearch.ca

leginfo.legislature.ca.gov

apro.assembly.ca.gov

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From Living Lies Weblog, By Neil Garfield: FDIC Employee Quits and Goes Public With Complaint Against Chase, WAMU, Citi and two law firms


FDIC Employee Quits and Goes Public With Complaint Against Chase, WAMU, Citi and two law firms
Posted on March 25, 2015 by Neil Garfield
https://livinglies.wordpress.com/2015/03/25/fdic-employee-quits-and-goes-public-with-complaint-against-chase-wamu-citi-and-two-law-firms/
 
For further information and assistance please call 954-495-9867 or 520-405-1688
=======================

See Eric Mains Federal Complaint
https://livinglies.wordpress.com/2015/03/25/fdic-employee-quits-and-goes-public-with-complaint-against-chase-wamu-citi-and-two-law-firms/eric-mains-federal-complaint/

See Mains – Table of Contents.petition 2 transfer
https://livinglies.wordpress.com/2015/03/25/fdic-employee-quits-and-goes-public-with-complaint-against-chase-wamu-citi-and-two-law-firms/mains-table-of-contents-petition-2-transfer/

On Monday Eric Mains resigned from his employment with the FDIC. He had just filed a lawsuit against Chase, Citi, WAMU-HE2 Trust, Cynthia Riley, LPS, WAMU, and two law firms. Since he felt he had a conflict of interest, he believed the best course of action was to resign effective immediately.
His lawsuit, told from the prospective of a true insider, reveals in astonishing detail the worst of the practices that have resulted in millions of illegal foreclosures. Some of his allegations cast a dark shadow over claims of Chase Bank on its balance sheet, as reported to the public and the SEC and the reporting of both Chase and Citi as to their potential liability for wrongful foreclosures. If he is right, and he proves these allegations, much of what Chase has reported as its financial condition will vanish from its financial statements and the liability side of the balance sheets of both Citi (as Trustee) and Chase (as servicer and “owner’) will increase exponentially. This may well have the effect of bringing both giants into the position of insufficient reserve capital and force the government to take action against both entities. Elizabeth Warren might have been right when she said that Citi should have been broken into pieces. And the same logic might apply to Chase.

He has also penned the phrase “wild goose Chase” referring to discovery of the true creditors and processing of applications for modification of loans. And he has opened the door for RICO actions against the banks and individuals who did the bidding of the banks as well as the individuals who directed those actions.


His Indiana lawsuit is filed in federal court. He alleges that
1. WAMU was not the actual lender in his own loan
2. That the loan was part of an illegal scheme from the start
3. That his loan was subject to claims of securitization but that those claims were false
4. That the REMIC Trust was never funded and therefore never had the capacity to originate or buy loans
5. That the intermediaries never followed the law or the documents for securitization of his loan
6. That the REMIC Trust never did purchase his loan
7. That Citi was therefore “trustee” for an unfunded trust
8. That Chase never purchased the loans from WAMU
9. That Chase could not have been the legal servicer over the loan because the loan was not in the trust
10. That Chase has filed conflicting claims as to ownership of the loans
11. That the affidavit of Robert Schoppe, whom Mains worked for, as to ownership of the loans was false when it states that Chase owned the loans
12. That the use of WAMU’s name on the loan documents was a false representation
13. That his loan may have been pledged several times by various parties
14. That multiple payments from multiple parties were likely received by Chase and others on account of the Mains “loan” but were never accounted for to the investors whose money was being used as though it was the Banks themselves who were funding originations and a acquisitions of loans
15. That the industry practice was to reap multiple payments on the same loan — and the foreclose as though there was balance due when in fact the balance claimed was entirely incorrect
16. That the investors were defrauded and that foreclosure was part of the fraudulent scheme
17. That Mains name and identity was used without his consent to justify numerous illegal transactions in which the banks repeated huge profits
18. That neither WAMU nor Chase had any rights to collect money from Mains
19. That Citi had no right to enforce a loan it did not own and had no authority to represent the owner(s) of the loan
20. That the modification procedures adopted by the Banks were used intentionally to force the borrower into the illusions a default
21. That Sheila Bair, Chairman of the FDIC, said that Chase and other banks used HAMP modifications as “a kind of predatory lending program.”
22. That Mains stopped making payments when he discovered that there was no known or identified creditor.
23. The despite stopping payments, his loan balance went down, according to statements sent to him.
24. That Chase has routinely violated the terms of consent judgments and settlements with respect to the processing of payments and the filing of foreclosures.
25. That the affidavits filed by persons purportedly representing Chase were neither true nor based upon personal knowledge
26. That the note and mortgage are void from the start.
27. That Mains has found “incontrovertible evidence of fraud, forgery and possibly backdating as well.” (referring to Chase)
28. That the law firms suborned perjury and intentionally made misrepresentations to the Court
29. That Cynthia Riley “is one overwhelmingly productive and multi-talented bank officer. Apparently she was even capable of endorsing hundreds of loan documents a day, and in Mains’ case, even after she was no longer employed by Washington Mutual Bank. [Mains cites to deposition of Riley in JPM Morgan Chase v Orazco Case no 29997 CA, 11th Judicial Circuit, Florida.
30 That Cynthia Riley was laid off in November 2006 and never again employed as a note review examiner by WAMU nor at JP Morgan Chase.
30. That LPS (now Black Knight) owns and operates LPS Desktop Software, which was used to create false documents to be executed by LPS employees for recording in the Offices of the Indiana County recorder.
31. That the false documents in the mains case were created by LPS employee Jodi Sobotta and signed by her with no authority to do so.
32. Neither the notary nor the LPS employee had any real documents nor knowledge when they signed and notarized the documents used against Mains.
33. Chase and its lawyer pursued the foreclosure with full knowledge that the assignment was fraudulent and forged.
34. That LPS was established as an intermediary to provide “plausible deniability” to Chase and others who used LPS.
35. That the law firms also represented LPS in a blatant conflict of interest and with knowledge of LPS fraud and forgery.

Some Quotes form the Complaint:
“Mains perspective on this case is a rather unique one, as Main is an employee of the FDIC (hereinafter, FDIC) who worked in the Dallas field office of the FDIC in the Division of Resolutions and Receiverships (hereinafter DRR), said division which was the one responsible for closing WAMU and acting as its receiver. Mains worked with one Robert Schoppe in his division, whom the defendant Chase Bank often cites to when pulling out an affidavit Robert signed. This affidavit states that Chase Bank had purchased “certain assets and liabilities” of WAMU in the purchase transaction from the FDIC as receiver for WAMU in 2008. Chase Bank uses this affidavit ad museum to convince the court system in foreclosure cases that this affidavit somehow proves that Chase Bank purchased “every conceivable asset” of WAMU, so it must have standing in all cases involving homeowner loans originated through WAMU, or to put it simply that this proves Chase became a holder with rights to enforce or a holder in due course of the loan as defined by the Uniform Commercial Code. Antithetically, when it wants to sue the FDIC for a billion dollars… due to mounting expenses from the WAMU purchase transaction, it complains that the purchase agreement it signed didn’t really entail the purchase of “every asset and liability” of WAMU… Chase Bank claims this when it is to their advantage in a lawsuit to do so.

Mains worked as team leader in the DRR Dallas field office
[The] violation of REMIC trust rules occurred because the entities involved, for reasons of control, speed of transaction, and to hide what they were actually doing with the investors money


Unfortunately for the investors, many of the banks involved in the securitization process (like Wahoo) failed to perform the securitizations properly, hence as mentioned above, the securitizations were botched and ineffective as to passing ownership of the notes or underlying collateral. The loans purchased were not purchased THROUGH the REMIC. … The REMIC trust entity must be the one actually purchasing the mortgages directly.
This violation of REMIC trust rules occurred because the entities involved, for reasons of control, speed of transaction, and to hide what they were actually doing with the investors funds once received, held the investor funds in the “lender” banks owned subsidiary accounts, instead of funding the REMIC trusts with the money so that the trust could then purchase the loan from the “lender”, making it an actual buy and sell transaction.”

US Ignores Possibility of BioChem Attacks on US City!


Freemason Warns of BioChem Attack on US City

Saturday, August 23, 2014 14:44
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(Before It’s News)

maxresdefault.jpg
(left, Bauman Nassiri, 61, tries to get his message out)

Normally, I avoid fear mongering. But
I do post credible warnings in hope of acting as a deterrent.  Nassiri Bahman is an Iranian
monarchist & filmmaker who claims to have received insider knowledge of 9-11, Bin Laden’s death, and now, a lethal attack on a US city. So far he has been ignored by US authorities and the “conspiracy” media. He believes the Iranian leadership belong to the Illuminati. By putting Muslim extremists in power, the Illuminati are deliberately fomenting a world war.   In other words, the Zionist-Islam conflict is just as phony as the US-Soviet Cold War.

“I have now received information from the same source, that the next big attack on U.S. soil will be chemical and biological, to be carried out soon.” 

Dear Mr. Makow,

I was introduced to your blog by a bright 13 yr. old boy called Scott, who has told me that you have savvy readers and followers.

I am an Iranian exile turned into an Iranian-American film maker, and I am also a 32nd degree Scottish Rite Freemason, but I can assure you that if there are Political Lodges in the U.S. , I have not been involved with them.

I released a feature film on 1/1/11 called  “The Golden Veil” which shows the conspiracy behind the Iranian revolution and the U.S. hostage crisis, foreshadowing what is happening today in the Middle East.

My latest interview with Rick Wiles of Trunews ( begins at 18.25 min) serves to expose The Illuminati as we call it, or “The Eagles” as they call themselves. By releasing such information I may have risked my life, but I have no fear, because the 30th degree taught me not to be afraid of death.

I urge your savvy readers to watch my Trunews interview first, and then read the following:

I have a reliable source of information. The identity of the source I shall never release, but my records and predictions speak for themselves.

IF ENOUGH AMERICANS KNOW THE TRUTH, IT MAY SERVE TO PREVENT HUNDREDS OF THOUSANDS OF DEATHS.

Few months before the 9/11 attack, I received reliable information that gave advanced warning of it.  I gave the information to the FBI in Palm Springs, CA., but they ignored it.  My lawyer based in Palm Desert holds a copy of my handwritten and dated letter to the FBI.

lightbox_cover1.jpg(left, This 2013 “Person of the Year” TIME Cover is the Illuminati’s way of saying very bad things are in store for Americans. See, Grim Obama TIME Cover a Warning?)

Few years later I received information from the same source, that Osama Bin Laden was sick, receiving medical treatment in a secret location in Iran.  I gave the information to the FBI and they told me that the Anti-Terrorism department in Los Angeles would be in touch with me,  but no one got in touch with me and I was ignored once again.

Soon after that, I received information that Bin Laden was dead and buried in a secret location along the Iran/Afghan border. This time I did not bother reporting it.

I have now received information from the same source, that the next big attack on U.S. soil will be chemical and biological, to be carried out soon.  I have reported the information to Deputy Chief Michael Downing, Counter Terrorism and Special Operations Bureau in the form of emails, but as of today he seems to be ignoring me for the third time – WHY ?  – I have even offered to drive for 3 hours to see him in Los Angeles and go through the details with him,  but there is no response.  I would like to ask your readers to save this writing for future reference, should such disaster occur.
WHY do important officials in charge ignore people such as me who want to help ?

My only answer to this question is :

These men are the Architects of Chaos,  these are the men who want such horrific events to take place.  They do not wish to prevent them.
A chemical or biological terrorist attack on U.S. soil, “provoked” by an attack on Syria,  would certainly provide the excuse to begin a large scale war against the Middle East with the ultimate goal of a complete invasion and massacring millions of inhabitants.

It is about time the American people realized that there are invisible hands within The United States who engineer these acts, to serve their agendas.   These men (The Eagles) meet once a month in a secret temple in Washington D.C., they have rituals very similar to Freemasons,  they are no more than a few hundred, and they rule our lives.

The Eagles are the world’s most powerful Bankers, Arms Manufacturers and Oil Barons, mainly controlled by the Brits.  Everything you have seen happening in the Middle East since 1979 has been planned and executed by these powerful men, and their Master Plan is what I have explained in my Trunews Interview – http://youtu.be/Izz8cISo5Ts  i.e. polarization and invasion.

Perhaps, if this statement is published on your blog, and I send them the link, it may serve to force them to talk to me and analyze the information I have received,  unless they wish for the attack to take place. If enough Americans become aware of this, hopefully it may prevent the biggest terrorist disaster in America’s history.

Only Christ can save us now.

Regards,  Bahman Nassiri
——————————————-
Bahman sent me this info on Freemasonry:

The way the Masonic order is designed, is absolutely BRILLIANT.
They initiate you and make you believe that you are a holy man doing charities and helping your Brethren.
They make you believe that the order is not political whatsoever.
They make you believe there are 33 degrees (all philosophical) , and nothing more.

The real truth is, Brethren reach the 33rd or 32nd degrees and have no clue what it’s all about.
The truth is, there’s a higher level.
The invisible eyes watching the brethren pick some whom they can trust, who are extremely wealthy, powerful and important, and are useful to them, and initiate them into the higher level, THAT IS THE ILLUMINATI , or to be more correct, THE EAGLES.

======

Golden Veil Compared to Argo
Mark Dankof Review Golden Veil
Mark Dankof Interview with Nassiri

Iran run by Illuminati?

 

 

 

 

http://www.henrymakow.com/young_iranian.html

From Jim Perloff –

Henry, here are a couple of related links:
One is this article on FEMA and other agencies preparing for a U.S. event: http://www.thesleuthjournal.com/fema-preparing-major-event-region-iii/
Another is this article: http://thecommonsenseshow.com/2013/08/26/syrias-reichstag-moment/  (first addresses Syria, then the possibility of an attack at home)
I hope that the information and predictions are inaccurate. However, one thing is certain–the US is beating the drums loudly for war against Syria. This when the dust isn’t even settled yet in Libya and Egypt, we’ve been at war in Afghanistan for 12 years, and fought a war in Iraq for nearly as long over weapons of mass destruction that did not even exist. Of course, I don’t know if the attack on the US is really coming or not.  However, it might not be a bad idea for concerned citizens, according to their own judgement, to send prudent email inquiries about it to legislators, law enforcement agencies and/or mainstream news reporters. It might make it harder to carry off the “false flag”–it would be hard for law enforcement personnel to claim that they knew nothing about the event, if records would show they had received numerous inquiries about it in advance.

Source: http://henrymakow.com/2014/08/Freemason Warns of BioChem Attack on US City .html

Remember 2013 JP Morgan Settlement


Department of Justice
Office of Public Affairs
FOR IMMEDIATE RELEASE
Tuesday, November 19, 2013
Justice Department, Federal and State Partners Secure Record $13 Billion Global Settlement with JPMorgan for Misleading Investors About Securities Containing Toxic Mortgages
 

*CORRECTION: The release below previously stated that New York is receiving $613.8 million in this settlement, however, the number is $613.0 million. This correction notice was posted on Nov. 20, 2013.*

The Justice Department, along with federal and state partners, today announced a $13 billion settlement with JPMorgan – the largest settlement with a single entity in American history – to resolve federal and state civil claims arising out of the packaging, marketing, sale and issuance of residential mortgage-backed securities (RMBS) by JPMorgan, Bear Stearns and Washington Mutual prior to Jan. 1, 2009.  As part of the settlement, JPMorgan acknowledged it made serious misrepresentations to the public – including the investing public – about numerous RMBS transactions.  The resolution also requires JPMorgan to provide much needed relief to underwater homeowners and potential homebuyers, including those in distressed areas of the country.  The settlement does not absolve JPMorgan or its employees from facing any possible criminal charges.

This settlement is part of the ongoing efforts of President Obama’s Financial Fraud Enforcement Task Force’s RMBS Working Group. 

“Without a doubt, the conduct uncovered in this investigation helped sow the seeds of the mortgage meltdown,” said Attorney General Eric Holder.  “JPMorgan was not the only financial institution during this period to knowingly bundle toxic loans and sell them to unsuspecting investors, but that is no excuse for the firm’s behavior.  The size and scope of this resolution should send a clear signal that the Justice Department’s financial fraud investigations are far from over.  No firm, no matter how profitable, is above the law, and the passage of time is no shield from accountability.  I want to personally thank the RMBS Working Group for its tireless work not only in this case, but also in the investigations that remain ongoing.”

The settlement includes a statement of facts, in which JPMorgan acknowledges that it regularly represented to RMBS investors that the mortgage loans in various securities complied with underwriting guidelines.  Contrary to those representations, as the statement of facts explains, on a number of different occasions, JPMorgan employees knew that the loans in question did not comply with those guidelines and were not otherwise appropriate for securitization, but they allowed the loans to be securitized – and those securities to be sold – without disclosing this information to investors.  This conduct, along with similar conduct by other banks that bundled toxic loans into securities and misled investors who purchased those securities, contributed to the financial crisis.
                                    
“Through this $13 billion resolution, we are demanding accountability and requiring remediation from those who helped create a financial storm that devastated millions of Americans,” said Associate Attorney General Tony West.  “The conduct JPMorgan has acknowledged – packaging risky home loans into securities, then selling them without disclosing their low quality to investors – contributed to the wreckage of the financial crisis.  By requiring JPMorgan both to pay the largest FIRREA penalty in history and provide needed consumer relief to areas hardest hit by the financial crisis, we rectify some of that harm today.”

Of the record-breaking $13 billion resolution, $9 billion will be paid to settle federal and state civil claims by various entities related to RMBS.  Of that $9 billion, JPMorgan will pay $2 billion as a civil penalty to settle the Justice Department claims under the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA), $1.4 billion to settle federal and state securities claims by the National Credit Union Administration (NCUA), $515.4 million to settle federal and state securities claims by the Federal Deposit Insurance Corporation (FDIC), $4 billion to settle federal and state claims by the Federal Housing Finance Agency (FHFA), $298.9 million to settle claims by the State of California, $19.7 million to settle claims by the State of Delaware, $100 million to settle claims by the State of Illinois, $34.4 million to settle claims by the Commonwealth of Massachusetts, and $613 million to settle claims by the State of New York. 

JPMorgan will pay out the remaining $4 billion in the form of relief to aid consumers harmed by the unlawful conduct of JPMorgan, Bear Stearns and Washington Mutual.  That relief will take various forms, including principal forgiveness, loan modification, targeted originations and efforts to reduce blight.  An independent monitor will be appointed to determine whether JPMorgan is satisfying its obligations.  If JPMorgan fails to live up to its agreement by Dec. 31, 2017, it must pay liquidated damages in the amount of the shortfall to NeighborWorks America, a non-profit organization and leader in providing affordable housing and facilitating community development. 

The U.S. Attorney’s Offices for the Eastern District of California and Eastern District of Pennsylvania and the Justice Department’s Civil Division, along with the U.S. Attorney’s Office for the Northern District of Texas, conducted investigations into JPMorgan’s, Washington Mutual’s and Bear Stearns’ practices related to the sale and issuance of RMBS between 2005 and 2008.

“Today’s global settlement underscores the power of FIRREA and other civil enforcement tools for combatting financial fraud,” said Assistant Attorney General for the Civil Division Stuart F. Delery, co-chair of the RMBS Working Group.  “The Civil Division, working with the U.S. Attorney’s Offices and our state and agency partners, will continue to use every available resource to aggressively pursue those responsible for the financial crisis.”

“Abuses in the mortgage-backed securities industry helped turn a crisis in the housing market into an international financial crisis,” said U.S. Attorney for the Eastern District of California Benjamin Wagner.  “The impacts were staggering.  JPMorgan sold securities knowing that many of the loans backing those certificates were toxic.  Credit unions, banks and other investor victims across the country, including many in the Eastern District of California, continue to struggle with losses they suffered as a result.  In the Eastern District of California, we have worked hard to prosecute fraud in the mortgage industry.  We are equally committed to holding accountable those in the securities industry who profited through the sale of defective mortgages.”
                                
“Today’s settlement represents another significant step towards holding accountable those banks which exploited the residential mortgage-backed securities market and harmed numerous individuals and entities in the process,” said U.S. Attorney for the Eastern District of Pennsylvania Zane David Memeger.  “These banks packaged and sold toxic mortgage-backed securities, which violated the law and contributed to the financial crisis.  It is particularly important that JPMorgan, after assuming the significant assets of Washington Mutual Bank, is now also held responsible for the unscrupulous and deceptive conduct of Washington Mutual, one of the biggest players in the mortgage-backed securities market.”

This settlement resolves only civil claims arising out of the RMBS packaged, marketed, sold and issued by JPMorgan, Bear Stearns and Washington Mutual.  The agreement does not release individuals from civil charges, nor does it release JPMorgan or any individuals from potential criminal prosecution. In addition, as part of the settlement, JPMorgan has pledged to fully cooperate in investigations related to the conduct covered by the agreement.

To keep JPMorgan from seeking reimbursement from the federal government for any money it pays pursuant to this resolution, the Justice Department required language in the settlement agreement which prohibits JPMorgan from demanding indemnification from the FDIC, both in its capacity as a corporate entity and as the receiver for Washington Mutual.   

“The settlement announced today will provide a significant recovery for six FDIC receiverships.  It also fully protects the FDIC from indemnification claims out of this settlement,” said FDIC Chairman Martin J. Gruenberg.  “The FDIC will continue to pursue litigation where necessary in order to recover as much as possible for FDIC receiverships, money that is ultimately returned to the Deposit Insurance Fund, uninsured depositors and creditors of failed banks.”

“NCUA’s Board extends our thanks and appreciation to our attorneys and to the Department of Justice, who have worked closely together for more than three years to bring this matter to a successful resolution,” said NCUA Board Chairman Debbie Matz.  “The faulty mortgage-backed securities created and packaged by JPMorgan and other institutions created a crisis in the credit union industry, and we’re pleased a measure of accountability has been reached.”

“JPMorgan and the banks it bought securitized billions of dollars of defective mortgages,” said Acting FHFA Inspector General Michael P. Stephens.  “Investors, including Fannie Mae and Freddie Mac, suffered enormous losses by purchasing RMBS from JPMorgan, Washington Mutual and Bear Stearns not knowing about those defects.  Today’s settlement is a significant, but by no means final step by FHFA-OIG and its law enforcement partners to hold accountable those who committed  acts of fraud and deceit.  We are proud to have worked with the Department of Justice, the U.S. attorneys in Sacramento and Philadelphia and the New York and California state attorneys general; they have been great partners and we look forward to our continued work together.”

The attorneys general of New York, California, Delaware, Illinois and Massachusetts also conducted related investigations that were critical to bringing about this settlement.

“Since my first day in office, I have insisted that there must be accountability for the misconduct that led to the crash of the housing market and the collapse of the American economy,” said New York Attorney General Eric Schneiderman, Co-Chair of the RMBS Working Group.  “This historic deal, which will bring long overdue relief to homeowners around the country and across New York, is exactly what our working group was created to do.  We refused to allow systemic frauds that harmed so many New York homeowners and investors to simply be forgotten, and as a result we’ve won a major victory today in the fight to hold those who caused the financial crisis accountable.”

“JP Morgan Chase profited by giving California’s pension funds incomplete information about mortgage investments,” California Attorney General Kamala D. Harris said. “This settlement returns the money to California’s pension funds that JP Morgan wrongfully took from them.”

“Our financial system only works when everyone plays by the rules,” said Delaware Attorney General Beau Biden.  “Today, as a result of our coordinated investigations, we are holding accountable one of the financial institutions that, by breaking those rules, helped cause the economic crisis that brought our nation to its knees.  Even as the American people recover from this crisis, we will continue to seek accountability on their behalf.”

“We are still cleaning up the mess that Wall Street made with its reckless investment schemes and fraudulent conduct,” said Illinois Attorney General Lisa Madigan.  “Today’s settlement with JPMorgan will assist Illinois in recovering its losses from the dangerous and deceptive securities that put our economy on the path to destruction.”

“This is a historic settlement that will help us to hold accountable those investment banks that played a role in creating and exacerbating the housing crisis,” said Massachusetts Attorney General Martha Coakley.  “We appreciate the work of the Department of Justice and the other enforcement agencies in bringing about this resolution and look forward to continuing to work together in other securitization cases.”

The RMBS Working Group is a federal and state law enforcement effort focused on investigating fraud and abuse in the RMBS market that helped lead to the 2008 financial crisis.  The RMBS Working Group brings together more than 200 attorneys, investigators, analysts and staff from dozens of state and federal agencies including the Department of Justice, 10 U.S. attorney’s offices, the FBI, the Securities and Exchange Commission (SEC), the Department of Housing and Urban Development (HUD), HUD’s Office of Inspector General, the FHFA-OIG, the Office of the Special Inspector General for the Troubled Asset Relief Program, the Federal Reserve Board’s Office of Inspector General, the Recovery Accountability and Transparency Board, the Financial Crimes Enforcement Network, and more than 10 state attorneys general offices around the country.

The RMBS Working Group is led by five co-chairs: Assistant Attorney General for the Civil Division Stuart Delery, Acting Assistant Attorney General for the Criminal Division Mythili Raman, Co-Director of the SEC’s Division of Enforcement George Canellos, U.S. Attorney for the District of Colorado John Walsh and New York Attorney General Eric Schneiderman.

Learn more about the RMBS Working Group and the Financial Fraud Enforcement Task Force at: http://www.stopfraud.gov. 

Related Material:


Department of Justice

http://www.justice.gov/opa/pr/2014/July/14-ag-733.html

Office of Public Affairs

FOR IMMEDIATE RELEASE

Monday, July 14, 2014

Justice Department, Federal and State Partners Secure Record $7 Billion Global Settlement with Citigroup for Misleading Investors About Securities Containing Toxic Mortgages

Citigroup to Pay the Largest Penalty of Its Kind – $4 Billion

The Justice Department, along with federal and state partners, today announced a $7 billion settlement with Citigroup Inc. to resolve federal and state civil claims related to Citigroup’s conduct in the packaging, securitization, marketing, sale and issuance of residential mortgage-backed securities (RMBS) prior to Jan. 1, 2009.  The resolution includes a $4 billion civil penalty – the largest penalty to date under the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA).  As part of the settlement, Citigroup acknowledged it made serious misrepresentations to the public – including the investing public – about the mortgage loans it securitized in RMBS.  The resolution also requires Citigroup to provide relief to underwater homeowners, distressed borrowers and affected communities through a variety of means including financing affordable rental housing developments for low-income families in high-cost areas.  The settlement does not absolve Citigroup or its employees from facing any possible criminal charges.

This settlement is part of the ongoing efforts of President Obama’s Financial Fraud Enforcement Task Force’s RMBS Working Group, which has recovered $20 billion to date for American consumers and investors.  

“This historic penalty is appropriate given the strength of the evidence of the wrongdoing committed by Citi,” said Attorney General Eric Holder.  “The bank’s activities contributed mightily to the financial crisis that devastated our economy in 2008.  Taken together, we believe the size and scope of this resolution goes beyond what could be considered the mere cost of doing business.  Citi is not the first financial institution to be held accountable by this Justice Department, and it will certainly not be the last.”

 The settlement includes an agreed upon statement of facts that describes how Citigroup made representations to RMBS investors about the quality of the mortgage loans it securitized and sold to investors.  Contrary to those representations, Citigroup securitized and sold RMBS with underlying mortgage loans that it knew had material defects.  As the statement of facts explains, on a number of occasions, Citigroup employees learned that significant percentages of the mortgage loans reviewed in due diligence had material defects.  In one instance, a Citigroup trader stated in an internal email that he “went through the Diligence Reports and think[s] [they] should start praying . . . [he] would not be surprised if half of these loans went down. . . It’s amazing that some of these loans were closed at all.”  Citigroup nevertheless securitized the loan pools containing defective loans and sold the resulting RMBS to investors for billions of dollars.  This conduct, along with similar conduct by other banks that bundled defective and toxic loans into securities and misled investors who purchased those securities, contributed to the financial crisis.                                  

“Today, we hold Citi accountable for its contributing role in creating the financial crisis, not only by demanding the largest civil penalty in history, but also by requiring innovative consumer relief that will help rectify the harm caused by Citi’s conduct,” said Associate Attorney General Tony West.  “In addition to the principal reductions and loan modifications we’ve built into previous resolutions, this consumer relief menu includes new measures such as $200 million in typically hard-to-obtain financing that will facilitate the construction of affordable rental housing, bringing relief to families pushed into the rental market in the wake of the financial crisis.”

Of the $7 billion resolution, $4.5 billion will be paid to settle federal and state civil claims by various entities related to RMBS: Citigroup will pay $4 billion as a civil penalty to settle the Justice Department claims under FIRREA, $208.25 million to settle federal and state securities claims by the Federal Deposit Insurance Corporation (FDIC), $102.7 million to settle claims by the state of California, $92 million to settle claims by the state of New York, $44 million to settle claims by the state of Illinois, $45.7  million to settle claims by the Commonwealth of Massachusetts, and $7.35 to settle claims by the state of Delaware.

Citigroup will pay out the remaining $2.5 billion in the form of relief to aid consumers harmed by the unlawful conduct of Citigroup.  That relief will take various forms, including loan modification for underwater homeowners, refinancing for distressed borrowers, down payment and closing cost assistance to homebuyers, donations to organizations assisting communities in redevelopment and affordable rental housing for low-income families in high-cost areas.  An independent monitor will be appointed to determine whether Citigroup is satisfying its obligations.  If Citigroup fails to live up to its agreement by the end of 2018,  it must pay liquidated damages in the amount of the shortfall to NeighborWorks America, a non-profit organization and leader in providing affordable housing and facilitating community development.  

The U.S. Attorney’s Offices for the Eastern District of New York and the District of Colorado conducted investigations into Citigroup’s practices related to the sale and issuance of RMBS between 2006 and 2007.

“The strength of our financial markets depends on the truth of the representations that banks provide to investors and the public every day,” said U.S. Attorney John Walsh for the District of Colorado, Co-Chair of the RMBS Working Group.  “Today’s $7 billion settlement is a major step toward restoring public confidence in those markets.  Due to the tireless work by the Department of Justice, Citigroup is being forced to take responsibility for its home mortgage securitization misconduct in the years leading up to the financial crisis.  As important a step as this settlement is, however, the work of the RMBS working group is far from done, we will continue to pursue our investigations and cases vigorously because many other banks have not yet taken responsibility for their misconduct in packaging and selling RMBS securities.”

“After nearly 50 subpoenas to Citigroup, Trustees, Servicers, Due Diligence providers and their employees, and after collecting nearly 25 million documents relating to every residential mortgage backed security issued or underwritten by Citigroup in 2006 and 2007, our teams found that the misconduct in Citigroup’s deals devastated the nation and the world’s economies, touching everyone,” said U.S. Attorney of the Eastern District of New York Loretta Lynch.  “The investors in Citigroup RMBS included federally-insured financial institutions, as well as a host of states, cities, public and union pension and benefit funds, universities, religious charities, and hospitals, among others.  These are our neighbors in Colorado, New York and around the country, hard-working people who saved and put away for retirement, only to see their savings decimated.”

This settlement resolves civil claims against Citigroup arising out of certain securities packaged, securitized, structured, marketed, and sold by Citigroup.  The agreement does not release individuals from civil charges, nor does it release Citigroup or any individuals from potential criminal prosecution. In addition, as part of the settlement, Citigroup has pledged to fully cooperate in investigations related to the conduct covered by the agreement.

 Michael Stephens, Acting Inspector General for the Federal Housing Finance Agency said, “Citigroup securitized billions of dollars of defective mortgages, after which investors suffered enormous losses by purchasing RMBS from Citi not knowing about those defects. Today’s settlement is another significant step by FHFA-OIG and its law enforcement partners to hold accountable those who committed acts of fraud and deceit in the lead up to the financial crisis, and is a necessary step toward reviving a sound RMBS market that is crucial to the housing industry and the American economy.  We are proud to have worked with the Department of Justice, the U.S. Attorneys’ Offices in the Eastern District of New York and the District of Colorado. They have been great partners and we look forward to our continued work together.”

The underlying investigation was led by Assistant U.S. Attorneys Richard K. Hayes, Kevin Traskos, Lila Bateman, John Vagelatos, J. Chris Larson and Edward K. Newman, with the support of agents from the Office of the Inspector General for the Federal Housing Finance Agency, in conjunction with the President’s Financial Fraud Enforcement Task Force’s RMBS Working Group.

The RMBS Working Group is a federal and state law enforcement effort focused on investigating fraud and abuse in the RMBS market that helped lead to the 2008 financial crisis.  The RMBS Working Group brings together more than 200 attorneys, investigators, analysts and staff from dozens of state and federal agencies including the Department of Justice, 10 U.S. Attorneys’ Offices, the FBI, the Securities and Exchange Commission (SEC), the Department of Housing and Urban Development (HUD), HUD’s Office of Inspector General, the FHFA-OIG, the Office of the Special Inspector General for the Troubled Asset Relief Program, the Federal Reserve Board’s Office of Inspector General, the Recovery Accountability and Transparency Board, the Financial Crimes Enforcement Network, and more than 10 state Attorneys General offices around the country.

The RMBS Working Group is led by its Director Geoffrey Graber and its five co-chairs: Assistant Attorney General for the Civil Division Stuart Delery, Assistant Attorney General for the Criminal Division Leslie Caldwell, Director of the SEC’s Division of Enforcement Andrew Ceresney, U.S. Attorney for the District of Colorado John Walsh and New York Attorney General Eric Schneiderman.

Learn more about the RMBS Working Group and the Financial Fraud Enforcement Task Force at: http://www.stopfraud.gov .

Are You Ready For the Latest News? If Fukushima Don’t Get Ya WIPP Will!


News by Region:

http://enenews.com/

Latest Headlines:

Radiation spikes at WIPP nuclear facility — Hits highest levels since initial hours of radioactive release in February — Document link removed from official website — Gov’t analyzing samples for “potential impact on human health”

Newspaper: Increasing worry on West Coast over Fukushima radiation; “Really concerned” about affect on wildlife and most importantly our health; ‘Big black hole’ where data should be — Professor: “We do not know full extent… we’re just watching the West Coast unfold” — Official: Important we sample for plume — Fish oil being tested

TV: New concerns at Fukushima; Radioactive material “spilling into ocean” from layer 80 feet deep, officials suspect — Jiji: Record high radiation levels at 18 locations between reactors and Pacific; Crisis far from under control (VIDEO)

Emergency research underway in Japan after birds found with perplexing deformities — “Something unusual occurring inside their bodies” — Never reported in 500,000 exams done before 3/11 — Now observed at every site across country, some over 1,000 km from Fukushima (PHOTO)

Birth defect deaths in West Coast state hit record levels during 2011 — Spiked 60% statewide, then returned to normal in 2012 — New gov’t document lists ‘Fukushima release along west coast of US’ as possible factor in birth defect cluster

WIPP Expert: “Very likely” multiple nuclear waste drums exploded, risk of more occurring; It was clearly something major… signs of fire at container holding over 500 billion Bq of Plutonium and Americium — Nuclear Engineer: “This is a huge dirty bomb” (VIDEO)

TV: 8 times more babies than usual born without brain near U.S. nuclear site; Much higher rate than anywhere else in country — “It’s scary the cause is such a mystery” — CNN: Experts speak out over failure of officials to conduct proper investigation — “The lamest excuse I’ve ever heard” (VIDEO)

NHK: Fukushima responsible for “largest-ever” amount of radioactive pollution… “We did something terrible” — Scientist: Nuclear fuel “still melting down… there’s melting happening in the cores” (VIDEO)

Farmers: Fukushima radiation causing mystery disease — Many animals have developed spots all over their bodies — What if this starts to afffect people? It must be examined — Gov’t can’t identify problem (PHOTO)

Nuclear Consultant: Fukushima reactors released about 3 times more radioactivity than Chernobyl — Japan crisis is unprecedented in size, complexity, and consequences — Yet disaster is not over and can become much worse — Very far from being stabilized

New model shows West Coast covered in Fukushima fallout a week after 3/11 — Asahi: Public is “anything but” safe outside of evacuation zone during a Fukushima-class disaster, radiation dose over 50 millisieverts in 7 days for people living ~100 miles away is possible (VIDEO)

“Hemisphere facing generations of radiologic contamination” from Fukushima — TV: It’s a major humanitarian crisis — NYT: “Nobody really knows” if 100s of tons of plutonium & uranium fuel resolidified — Experts: It’s certain reactor cores ‘moved around’; “Flowed to different part of buildings”? (VIDEO)

Fukushima Guide: “Lots of people suddenly started having nose bleeds, cats and dogs too, it lasted for some time” after 3/11 — Article: Many who volunteered in Fukushima have died, including 2 students from group of 15 helping to decontaminate

Nuclear Expert: Hydrogen explosion suspected as cause of WIPP plutonium release — Meeting: Are more lids going to blow? Seeing how top of drum blew off has me concerned it isn’t ‘low level’ — Former DOE Expert: US will inevitably shift to storing radioactive waste on surface after this (VIDEO)

TV: Trouble reported with inner ‘ice wall’ at Fukushima; Highly radioactive water underground won’t freeze — Tepco: “We can’t make temperature low enough” after trying for months; Fluctuating water levels beneath Unit 2 blamed — Expert: Ground can liquify around reactors, form sinkholes (VIDEO)

S. California fishermen ‘skunked… haven’t seen a squid’, usually 10,000+ lbs/day — ‘Complete crashes’ at oyster hatcheries — Sardines, mackerel missing in areas — Pelican sites alarmingly deserted — Record # of sick sea lions — Ultra-rare whales appear after decades — Mammals, birds, fish in odd places

4 quakes above M5.0 jolt Japan’s east coast — Officials say “no immediate risk” to Fukushima plant — Intensity level reached 4 out of 7 in Fukushima — Study: ‘Megaquakes’ frequent in Japan history; Evidence of monstrous tsunami several times higher than 3/11 wave (VIDEO)

Navy sailor suing over Fukushima exposure dies from rare cancer near heart — TV: Navy lieutenant retires, says he’s unable to use leg muscles due to Fukushima radiation and confined to wheelchair — Both in mid-30s (VIDEOS)

TV: “The largest disease outbreak that we know of ever in the oceans” now hitting West Coast — Potential for “global extinction” — “Affects over 20 species… causing catastrophic mortality” — Expert: One of history’s largest wildlife die-offs… signal in ecosystem that something’s not right (VIDEO)

Japan Paper: “Horses became weak and died, one by one, from an unknown cause” at farm in Fukushima — Farmer: “There is something seriously wrong going on… This country is going mad, I‘m sure something grave is going to happen” — 14 out of 15 newborn horses died last year (PHOTOS)

Officials: Leakage seen on “many” nuclear waste drums in WIPP underground — We think the seals have degraded — Public “should be concerned” about another explosion — 1,000s of radioactive drums now seen as too risky to move (VIDEO)

Official’s 3/11 Notebook: Concern half of Japan to be “covered in nuclear waste!… Those 60 and older should be prepared to die” at Fukushima plant — “Fire out of control” at Reactor No. 4

I Was Depressed, But Am Much Better Now…


After I read some posts on others’ blogs, I really do feel much better. Wanna know which ones I read? Here they are:

“NO ENDORSEMENT, NO NEGOTIATION–NO NEGOTIATION, NO SECURITIZATION” On Liberty Road Media: http://libertyroadmedia.wordpress.com/2014/06/20/no-endorsement-no-negotiation-no-negotiation-no-securitization/

and I read this and it helped too!:

Ineptocracy from here:
http://tomfernandez28.com/2014/06/20/ineptocracy-3/

Of course this Helped a lot!:

http://www.newser.com/story/188674/miss-usa-doesnt-know-her-state-capital.html
but I actually read that here:
https://wordpress.com/