Monday, January 17, 2011

11-01-17 US and State Judges Likely among Swiss Bank Accounts Holders // EE.UU. y el Estado Jueces probable entre los titulares de cuentas de banco suizo // 美国联邦及州法官可能在瑞士银行帐户持有人

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1) 2009 UBS-AG whistleblower Bradley Birkenfeld
2) 2011 WikiLeaks Assange receiving the Swiss banking data

US and State Judges Likely among Swiss Bank Accounts Holders

Los Angeles, January 17 - in view of the pending WikiLeaks release of Swiss banking data, [[i]] Human Rights Alert (NGO) and Joseph Zernik, PhD, suggest that significant number of US and state judges are likely to be among US citizens holding numbered bank accounts in Switzerland.

Review of numerous cases in the US and state courts shows a tight alliance between judges and large financial institutions, in disregard of the judges' oaths of office, through the conduct of alleged Fraud on the Courts in litigations involving financial institutions. [[ii],[iii]] Such conduct undermines the stated US government efforts to establish honest and effectual banking regulation.

Growing body of evidence suggests that both US and state judges have accepted financial benefits from large financial institutions:

  •   In 2008 Dr Zernik filed requests with California Judge Terry Friedman (Los Angeles Superior Court), US Judge Virginia Phillips, and US Magistrate Carla Woehrle (US District Court, Central District of California) for statements on the record regarding financial benefits to them or family members residing with them from such institutions (pursuant to the California Code of Judicial Ethics).  All three refused to provide such statements.
  • In 2009 whistle-blower Bradley Birkenfeld led to the discovery that an estimated 40,000 US wealthy citizens were holding Swiss numbered accounts with UBS-AG.  Birkenfeld was swiftly sentenced by a US court to years in federal prison. [[iv]]  He was never able to collect rewards provided by the False Claims Act and stated US policies, which could have amounted to billions of US dollars.  The criminal prosecution of the culprits - banking executives - was never materialized, and the US government negotiated an agreement with the Swiss government, according to which the names of the vast majority of the offenders were never released by UBS-AG.
  • Regardless of mounting credible evidence of racketeering by Bank of America and its senior executives, including Brian Moynihan, US banking regulation agencies refuse to take action. [[v],[vi],[vii]]  It is claimed that conduct of such agencies is caused, at least in part, from the realization that under conditions that prevail today in the US courts, there is no way to prosecute banking executives.
Human Rights Alert suggests that US officials in general, and state and US judges, in particular, are likely to be among the Swiss accounts holders. Moreover, a Swiss law, which would prohibit deposits by US government officers while in office in Swiss bank accounts, is likely to materially affect restoration of US government and US financial markets integrity and stability. 

Through the pending release of both US and Swiss banking records WikiLeaks is therefore likely to support effective banking regulation in the United States, where US agencies and the US courts are acting in disregard of the law.     

[i] 11-01-17 Swiss Whistle Blower Hands Bank Data to WikiLeaks
[ii] Zernik, Joseph: Securities and Exchange Commission v Bank of America Corporation - Pretense Litigation and Pretense Banking Regulation in the United States
[iii] 11-01-10 Request for investigation/impeachment proceedings, in re: US Judge JED RAKOFF and Clerk RUBY KRAJICK, US District Court, Southern District of New York, Conduct of Securities and Exchange Committee v Bank of America Corporation (1:09-cv-06829) s
[iv] 09-08-25 UBS AG Whistle Blower Birkenfeld Imprisoned
[v] 10-05-05 Countrywide, Bank of America (NYSE:BAC), and its President Brian Moynihan - Compilation of Records - Evidence of Racketeering
[vi] 10-06-11 Complaints Filed with Office of Comptroller of the Currency and SEC against Countrywide, Bank of America (NYSE:BAC), and Brian Moynihan - alleging fraud on shareholders, on banking regulators, and on the US taxpayer
[vii] 10-05-05 Chairs of US Congress Committees of the Judiciary and Banking Are Requested to Join Senator Feinstein's Inquiries on Comptroller of the Currency and US Dept of Justice Inspector General
Human Rights Alert - NGO
Human Rights Alert is dedicated to discovering, archiving, and disseminating evidence of Human Rights violations by the justice systems of the State of California and the United States in Los Angeles County, California, and beyond. Human Rights Alert focuses on the unique role of computerized case management systems in the precipitous deterioration of the integrity of the justice system in the United States.
Locations of visitors to this page  
"On July 26, 2010, Laurence Tribe, Senior Counsel for the United States Department of Justice, Access to Justice Initiative, delivered an important speech to the Conference of Chief Justices, challenging them to halt the disintegration of our state justice systems before they become indistinguishable from courts of third world nations."
Prof Laurence Tribe, Harvard Law School (2010), per National Defender Leadership Institute
"Innocent people remain in prison"
*     "...the LA Superior Court and the DA office, the two other parts of the justice system that the Blue Panel Report recommends must be investigated relative to the integrity of the system, have not produced any response that we know of..."
LAPD Blue Ribbon Review Panel Report (2006)
"...judges tried and sentenced a staggering number of people for crimes they did not commit."
Prof David Burcham, Dean, Loyola Law School, LA (2001)
"This is conduct associated with the most repressive dictators and police states... and judges must share responsibility when innocent people are convicted."    
Prof Erwin Chemerinsky, Dean, Irvine Law School (2001)
"...corruption of the courts and the legal profession and discrimination by law enforcement in California."

11-01-17 Swiss whistleblower hands bank data to WikiLeaks // Suiza manos informante datos bancarios a WikiLeaks // 瑞士银行的数据举报人手中维基解密

Swiss whistleblower hands bank data to WikiLeaks

WikiLeaks Assange receiving the Swiss banking data
(Reuters) - A former Swiss private banker handed over data on hundreds of offshore bank account holders to WikiLeaks founder Julian Assange on Monday, saying he wanted to draw attention to financial abuses.
Rudolf Elmer, 55, headed the office of Julius Baer in the Cayman Islands until he was fired by the bank in 2002. He is scheduled to go on trial in Switzerland on Wednesday for breaching bank secrecy.
Swiss national Elmer handed Assange the data at a news conference at a media club in London. The two yellow and blue discs contain information on around 2,000 banking clients, both individuals and companies, he said, declining to reveal further details on the data.
"Working in the Cayman Islands I realized that something was wrong... I want to let our society know what I do know because it's damaging our society in a way that money is moved away by financial institutions, multinational conglomerates and high-net-worth individuals, money is hidden in offshore ventures," Elmer told a room packed with reporters.
Julius Baer has accused Elmer of embarking on a vendetta against the company. Its shares fell more than 3 percent on Monday and traders cited the WikiLeaks link as a potential factor.
WikiLeaks will take at least "a couple of weeks" to vet the data before publishing it, Assange said. Vetting will be done by themselves, media organizations and other partners to protect sources.
"We have a four-year publishing history. We have never been wrong ... so far as we are aware in relation to anything we have published," said Assange, who is on bail in Britain and fighting extradition to Sweden where he faces questioning over alleged sex crimes. WikiLeaks may also hand over some of the material to Britain's Serious Fraud Office, he added.
In 2007 Elmer became one of the first whistleblowers to use WikiLeaks, which angered U.S. authorities last year by publishing hundreds of secret diplomatic cables it had obtained.
Assange said the data Elmer had provided previously about the Cayman Islands revealed "corrupt practices" and "clear asset-hiding." He said he expected similar revelations from the new data.
Julius Baer denounced Elmer for waging a campaign to discredit the bank and its customers.
"After his demands (including financial compensation) in connection with the dismissal could not be satisfied, Mr Elmer embarked in 2004 on a personal intimidation campaign and vendetta against Julius Baer," the bank said in a statement.
"The aim of his activities was and is to discredit Julius Baer as well as clients in the eyes of the public."
(Editing by Noah Barkin)

11-01-17 US Dollar as International Currency - "Product of the Past" // EE.UU. dólar como moneda internacional - "producto del pasado" // 美元作为国际货币 -“对过去的产品“

Regardless of financial recklessness by the US government, the Chinese government is doing its best to affect soft landing, rather than a crash of the US economy and the US Dollar.
Of note, the  report, copied below, which featured prominently in international media, was difficult to find or absent from US media. The same is true of the reports of the signing in December 2010 of an agreement by China and Russia, not to denominate any international trades in US Dollar any longer, but by either nations currency.

MailOnline - news, sport, celebrity, science and health stories

'A product of the past': China's president says dollar should no longer be world's top currency

Last updated at 4:44 PM on 17th January 2011
China’s president today raised grave questions over the future of the dollar by claiming it should no longer be used as the world’s reserve currency.
Hu Jintao said that using the American currency as the default for international trade and investment was a ‘product of the past’.
In unusually frank comments he said that even though the arrangement had stood in place since the end of Second World War, now was the time to reassess.
Tense: President Obama and China's President Hu Jintao hold a meeting at the G-20 summit in Seoul last November. The two men meet again in Washington this week
Tense: President Obama and China's President Hu Jintao hold a meeting at the G-20 summit in Seoul last November. The two men meet again in Washington this week
The statement will be seen as another sign of growing Chinese confidence after the Asian giant emerged relatively unscathed from the financial crisis.
America by comparison is more than $14 trillion in debt, a sizeable chunk of it financed by the Chinese.
Tomorrow Mr Hu and Mr Obama are due to meet for talks at the White House in which the so-called ‘currency wars’ will be among the topics up for discussion.
China claims that America keeping its interest rates low is causing inflation around the world, including to its own currency, the yuan.
America argues that it must do so to encourage the U.S. economy to grow, which will be good news for China and the rest of the world.
U.S. officials also claim China is deliberately keeping the yuan lower than it should be, which is harming competitiveness for poorer countries.
In the interview Mr Hu issued a veiled attack when he said that U.S. monetary policy ‘has a major impact on global liquidity and capital flows and therefore, the liquidity of the U.S. dollar should be kept at a reasonable and stable level’.
But he added: ‘The current international currency system is the product of the past’.
Elsewhere Mr Hu sought a more conciliatory tone and tried to paper over some of the differences that have divided the U.S. and China of late.
‘There is no denying that there are some differences and sensitive issues between us,’ he said.
‘We both stand to gain from a sound China-U.S. relationship, and lose from confrontation.’
And he admitted that it it is unlikely the yuan will take over from the dollar any time soon.
‘It takes a long time for a country's currency to be widely accepted in the world,’ he said.
It is unusual for Mr Hu to speak to foreign media and only responded to written questions asked by the Wall St Journal and the Washington Post that were handed to him by his foreign ministry.
The last time he spoke to the American media was in 2008, whilst his latest comments to Western media in general were to a French and Portugese newspaper in November last year.
Tensions between Beijing and Washington have recently flared over China’s refusal to condemn North Korea for its attack on the South.
Chinese officials reacted with fury when the White House congratulated Chinese dissident Liu Xiaobo for winning the Nobel Peace Prize.
In addition, the first clear pictures recently emerged of China’s prototype stealth fighter in a further sign of the country’s growing military power.
The photographs apparently showed the J-20 making a high speed taxi test, which is one of the last steps before a test flight.

Read more:

11-01-18 An End in Sight to Foreclosure Fraud in the Courts of Maryland? // Un final a la vista de Fraude ejecución de una hipoteca en los tribunales de Maryland? // 在马里兰州法院尾视线赎欺诈?

Maryland seems to be following Massachusetts in putting an end to foreclosure fraud in the courts.
In California, where the number of such foreclosures is much higher, the courts go on with the looting...


Information Clearing House Newsletter
News You Won't Find On CNN
 January 17, 2011

10,000 GMAC Foreclosures Stopped in Maryland:
In a major ruling Friday, a coalition of nonprofit defense lawyers and consumer protection advocates in Maryland successfully got over 10,000 foreclosure cases managed by GMAC Mortgage tossed out.

...if the Ibanez case, which questions the right for banks to foreclose at all, can be broadly applied, those rates will drop even further. And Georgetown Law Professor Adam Levitin thinks may be the case.
In Ibanez, the Massachusetts Supreme Judicial Court noted that PSA was insufficient to serve as an assignment of the loan because what was presented as the affiliated loan schedule:
“did not include property addresses, names of mortgagors, or any number that corresponds to the loan number or servicing number on the LaRace mortgage. Wells Fargo contends that a loan with the LaRace property’s zip code and city is the LaRace mortgage loan because the payment history and loan amount matches the LaRace loan.”
So how do other PSAs fare under the Ibanez metric? I’ve been looking at them, and it seems that there are lots of RMBS deals where the schedules in the PSAs are possibly insufficient to meet the Ibanez standard. And that means that there are lots of RMBS trusts that might not be able to successfully foreclose in Massachusetts or maybe in any other title theory state.

11-01-18 Welcome United Kingdon - Last New Visitor! // Bienvenido Reino Unido - Visitante Mas Recietne! // 欢迎联合国登- 最后的新访问者!

Last New Visitor

United Kingdom
Visited January 18, 2011

10-01-17 Welcome the Russian Federation // Bienvenido Russia - Visitante Mas Reciented! // 欢迎俄罗斯联邦

Last New Visitor

Russian Federation
Visited January 17, 2011

11-01-17 Origins of the Robber Baron Era // Los orígenes de la era barón ladrón // 起源时代的强盗男爵

Wal-Mart Is Not a Person

Thom Hartmann | Wal-Mart Is Not a Person
Thom Hartmann, Berrett-Koehler Publishers: "We the People are the first three words of the Preamble to the Constitution; and from its adoption until the Robber Baron Era in the late nineteenth century, people meant human beings. In the 1886 Santa Clara case, however, the court reporter of the Supreme Court proclaimed in a 'headnote‚' - a summary or statement added at the top of the court decision, which is separate from the decision and has no legal force whatsoever - that the word person in law and, particularly, in the Constitution, meant both humans and corporations."
Read the Article

11-01-17 Martin Luther King Day // Dias de Martin Luther King //马丁路德金纪念日

"In the End, we will remember not the words of our enemies, but the silence of our friends."

11-01-17 Robbing of the American People // Robar del pueblo estadounidense // 抢劫美国人民

Home price drops exceed Great Depression:
 Zillow: Home prices fell for the 53rd consecutive month in November, taking the decline past that of the Great Depression for the first time in the prolonged housing slump, according to Zillow.
The Foreclosure Dump:
Today's report from RealtyTrac serves as a warning to big banks, Fannie, Freddie and local communities; The foreclosure glut is coming, and they'd better be ready to get rid of that glut in a big way.

11-01-17 Welcome France - Last New Visitor! // Bienvenido Francia - Visitante Mas Reciente! // 欢迎法国- 最后的新访问者!

Last New Visitor

Visited January 17, 2011