Tue 2010-08-24 19:45 EDT

HOMEOWNERS' REBELLION: COULD 62 MILLION HOMES BE FORECLOSURE-PROOF?

Ellen Brown

Over 62 million mortgages are now held in the name of MERS, an electronic recording system devised by and for the convenience of the mortgage industry. A California bankruptcy court, following landmark cases in other jurisdictions, recently held that this electronic shortcut makes it impossible for banks to establish their ownership of property titles--and therefore to foreclose on mortgaged properties. The logical result could be 62 million homes that are foreclosure-proof...

62; Foreclosure-Proof; home; homeowners; rebellion.

Thu 2009-01-15 00:00 EST

Jesse's Café Américain: Goldman Sachs Offshores Its Profits and Reduces Its Taxes to 1%

Jesse's Café Américain: Goldman Sachs Offshores Its Profits and Reduces Its Taxes to 1%; ``globalization has become just another enabler, wherein multinational financial corporations can play a larger set of jurisdictions and peoples against one another for the benefit of an elite minority.''

1; Goldman Sachs Offshores; Jesse's Café Américain; profits; reduce; tax.