The Kevin Trudeau Show: 11-17-12
Today, Kevin explains how if your thinking is right and you’re not a fanatic, you will live a long healthy life.
Self Help:
Grass Fed Meat & Poultry
KT’s Daily Supplement Program
Change Your DNA Vibration
Health:
How Safe Are the Drugs in Your Medicine Cabinet?
Diet Sabotage: Nearly 1 In 5 Calorie Counts Wrong
Night Owls At Risk For Weight Gain
Butter & Cheese ‘Doesn’t Increase Risk of Heart Attacks’
Can Coffee Prevent Cancer?
Fluoride Consumption Leads to Brain Damage
Wealth:
Wells Fargo Fined $85 Million for Pushing Subprime Loans
Everything Kevin:
Become An Insider!
Stand with KT!
Kevin is on YouTube!
Sign Up For Kevin’s FREE Podcast
Follow Kevin on Twitter
Become A Fan of Kevin on Facebook
Take Trudeau on the Go! Click here to download this show to your iPod, mp3 player, or PC through iTunes!
Click below to watch the Kevin Trudeau Show!
The Kevin Trudeau Show: 10-6-12
Today, Kevin gives you even more proof that the economy is getting worse and that your standard of living is deteriorating! Plus, the creator of the Resolve mineral detox, Dr. Ray Lala, stops by to explain how his mineral detox can virtually cure you from any viral infection, including herpes and HPV.
Self Help:
Second Stream Of Income
The Secret To Perfect Health
Resolve The “Unresolvable”
Economy:
Recovery Job Growth Concentrated In Low-Paying Occupations
Protesters ‘Liberate’ Foreclosed Homes
Everything Kevin:
Become An Insider!
Stand with KT!
Kevin is on YouTube!
Sign Up For Kevin’s FREE Podcast
Follow Kevin on Twitter
Become A Fan of Kevin on Facebook
Take Trudeau on the Go! Click here to download this show to your iPod, mp3 player, or PC through iTunes!
Click below to watch the Kevin Trudeau Show!
The Kevin Trudeau Show: 9-22-12
Today, Kevin explains how if your thinking is right and you’re not a fanatic, you will live a long healthy life.
Self Help:
Grass Fed Meat & Poultry
KT’s Daily Supplement Program
Change Your DNA Vibration
Health:
How Safe Are the Drugs in Your Medicine Cabinet?
Diet Sabotage: Nearly 1 In 5 Calorie Counts Wrong
Night Owls At Risk For Weight Gain
Butter & Cheese ‘Doesn’t Increase Risk of Heart Attacks’
Can Coffee Prevent Cancer?
Fluoride Consumption Leads to Brain Damage
Wealth:
Wells Fargo Fined $85 Million for Pushing Subprime Loans
Everything Kevin:
Become An Insider!
Stand with KT!
Kevin is on YouTube!
Sign Up For Kevin’s FREE Podcast
Follow Kevin on Twitter
Become A Fan of Kevin on Facebook
Kevin’s Film Club
Kevin’s Book Club
Take Trudeau on the Go! Click here to download this show to your iPod, mp3 player, or PC through iTunes!
Click below to watch the Kevin Trudeau Show!
The Kevin Trudeau Show: 6-30-12
Today, best-selling GMO author and independent filmmaker, Jeffrey Smith, gives you the inside story behind genetically modified food and how it is affecting your health. Plus, Dr. Bob Marshall gives you the facts behind the dangers of Magnesium Stearate & Stearic Acid!
Self Help:
Tap Your Way To Happiness
A Solution To Your Health Issues
Stop Eating Conventional Meat
Health:
Omega-3s May Beat Cancer
10 Things Snack Food Companies Don’t Want You To Know
Once Scarce, H1N1 Vaccines Now Trashed
Economy:
Spirit Airlines To Charge $45 For Carry-Ons
Big Pharma:
Feds Find Pfizer Too Big To Nail
Dallas Toddler Killed by Big Pharma
Everything Kevin:
Become An Insider!
Stand with KT!
Kevin is on YouTube!
Sign Up For Kevin’s FREE Podcast
Follow Kevin on Twitter
Become A Fan of Kevin on Facebook
Kevin’s Film Club
Kevin’s Book Club
Take Trudeau on the Go! Click here to download this show to your iPod, mp3 player, or PC through iTunes!
Click below to watch the Kevin Trudeau Show!
Obama Holds News Conference, Unveils Housing Plan
March 6, 2012 by admin
Filed under News Stories
March 6, 2012
The Associated Press
By Jim Kuhnhenn
President Barack Obama is aiming mortgage relief at members of the military as well as homeowners with government-insured loans, the administration’s latest efforts to address a persistent housing crisis.
In his first full news conference of the year Tuesday, Obama was to announce plans to let borrowers with mortgages insured by the Federal Housing Administration refinance at lower rates, saving the average homeowner more than $1,000 a year. Obama also was detailing an agreement with major lenders to compensate service members and veterans who were wrongfully foreclosed upon or denied lower interest rates.
The efforts Obama is announcing do not require congressional approval and are limited in comparison with the vast expansion of government assistance to homeowners that he asked Congress to approve last month. That $5 billion to $10 billion plan would make it easier for more borrowers with burdensome mortgages to refinance their loans.
Obama is holding the news conference in the midst of a modestly improving economy. But international challenges as well as a stubbornly depressed housing market remain threats to the current recovery and to his presidency.
Obama has not held a full news conference since November. The White House scheduled this one on the same day as the 10-state Super Tuesday Republican presidential nominating contests. While aides insisted the timing was coincidental, it follows a pattern of Obama seeking the limelight when the attention is on the GOP.
Click here for the full report from The Associated Press
Mortgage Settlement Is Just Another Stealth Bank Bailout
February 10, 2012 by admin
Filed under News Stories
Februry 10, 2012
Washington’s Blog
By WB
The 50-state settlement with the banks (Oklahoma didn’t sign, but supports letting the banks go scot-free) over mortgage fraud is a stealth bank bailout, according to many top observers. See this, this, this, this, this, this, this and this.
This is par for the course … All of Obama’s previous “mortgage relief” programs have really been stealth bank bailouts which screwed the homeowner. And see this.
For example:
Most independent experts say that the government’s housing programs have been a failure. That’s too bad, given that the housing slump is now … worse than during the Great Depression.
Indeed, PhD economists John Hussman and Dean Baker, fund manager and financial writer Barry Ritholtz and New York Times’ writer Gretchen Morgenson say that the only reason the government keeps giving billions to Fannie and Freddie is that it is really a huge, ongoing, back-door bailout of the big banks.
Many also accuse Obama’s foreclosure relief programs as being backdoor bailouts for the banks. (See this, this, this and this).
Settling prosecutions for pennies on the dollar is a form of stealth bailout. It is also arguably one of the main causes of the double dip in housing.
Click here for the full report.
Everything You Need to Know About Wall Street, in One Brief Tale
January 17, 2012 by admin
Filed under News Stories
January 17, 2012
Rolling Stone
By Matt Taibbi
If there was ever a news story that crystalized the moral dementia of modern Wall Street in one little vignette, this is it.
Newspapers in Colorado today are reporting that the elegant Hotel Jerome in Aspen, Colorado, will be closed to the public from today through Monday at noon.
Why? Because a local squire has apparently decided to rent out all 94 rooms of the hotel for three-plus days for his daughter’s Bat Mitzvah.
The hotel’s general manager, Tony DiLucia, would say only that the party was being thrown by a “nice family,” but newspapers are now reporting that the Daddy of the lucky little gal is one Jeffrey Verschleiser, currently an executive with Goldman, Sachs.
At first, I couldn’t remember how I knew that name. But then I looked it up and saw an explosive Atlantic magazine story, published last year, called, “E-mails Suggest Bear Stearns Cheated Clients Out Of Millions.” And then I remembered that piece, and it hit me: Jeffrey Verschleiser is one of the biggest assholes in the entire world!
The story begins at Bear Stearns, where Verschleiser used to work, up until the company exploded, in large part because of him personally.
Back in the day, you see, Verschleiser headed Bear’s mortgage-backed securities operations. Toward the end of his tenure, his particular specialty began with what at the time was the usual industry-wide practice, putting together gigantic packages of crappy subprime mortgages and dumping them on unsuspecting clients.
But Verschleiser reportedly went beyond that. According to a lawsuit later filed by a bond insurer called Ambac, Verschleiser also masterminded a kind of double-dipping scheme. What he would do is sell a bunch of toxic mortgages into a trust, which like all mortgage trusts had provisions written into their pooling and servicing agreements (PSAs) that required the original lenders to buy the loans back if they went into default.
So Verschleiser would sell bad mortgages back to the banks at a discount, but instead of passing the money back to the trust, he and other Bear execs allegedly pocketed the funds.
From the Atlantic story by reporter Teri Buhl:
Click here for the full report.
Prosecuting Wall Street
December 6, 2011 by admin
Filed under News Stories
December 6, 2011
60 Minutes
By Steve Kroft
“So Wall Street screws up and the government gives them all this money. Hey government, I made a mistake this month and bought too many supplements. Now I’m out of money. Any chance you could wire me an extra $1000? Thanks!” –KTRN”
Two whistleblowers offer a rare window into the root causes of the subprime mortgage meltdown. Eileen Foster, a former senior executive at Countrywide Financial, and Richard Bowen, a former vice president at Citigroup, tell Steve Kroft the companies ignored their repeated warnings about defective, even fraudulent mortgages. The result, experts say, was a cascading wave of mortgage defaults for which virtually no high-ranking Wall Street executives have been prosecuted.
The following is a script of “Prosecuting Wall Street” which aired on Dec. 4, 2011. Steve Kroft is correspondent, James Jacoby, producer.
It’s been three years since the financial crisis crippled the American economy, and much to the consternation of the general public and the demonstrators on Wall Street, there has not been a single prosecution of a high-ranking Wall Street executive or major financial firm even though fraud and financial misrepresentations played a significant role in the meltdown. We wanted to know why, so nine months ago we began looking for cases that might have prosecutorial merit. Tonight you’ll hear about two of them. We begin with a woman named Eileen Foster, a senior executive at Countrywide Financial, one of the epicenters of the crisis.
Click here for the full report.
Foreclosure Backlogs Could Take Decades To Clear Out
November 14, 2011 by admin
Filed under News Stories
November 14, 2011
USA Today
By Julie Schmit
Foreclosure sales are moving so slowly in half the states that at the current pace, it will take more than eight years on average to clear the 2.1 million homes in foreclosure or with seriously delinquent mortgages, new research shows.
That’s about twice as long as a year ago in the states where foreclosures go through courts — before the mortgage industry was upended by last fall’s disclosures that court papers in many foreclosure cases were improperly prepared. Since then, new checks have slowed the process.
The backlogs suggest that the fallout from the nation’s worst housing-market collapse is likely to weigh on real estate prices in many markets for years to come, and on some markets for longer than on others.
In New York and New Jersey, where courts imposed new rules last fall, it would take lenders more than 50 years at their current pace to clear pipelines of homes that are seriously delinquent or already in the foreclosure process, according to LPS Applied Analytics, which collects data on nearly 40 million mortgage loans.
In Connecticut and Maryland, it would take about two decades. In Illinois and Florida, 10 and eight years, respectively.
The process is moving faster in other states, where courts aren’t typically involved. In those, the time to clear foreclosure pipelines — even if no other homes fall into foreclosure — has remained at just under three years, according to LPS.
There are 1.9 million homes in foreclosure or with mortgage payments more than 90 days late in those states.
Click here for the full report from USA Today.
Foreclosure Backlogs Could Take Decades To Clear Out
November 11, 2011 by admin
Filed under News Stories
November 11, 2011
US Today
By Julie Schmit
Foreclosure sales are moving so slowly in half the states that at the current pace, it will take more than eight years on average to clear the 2.1 million homes in foreclosure or with seriously delinquent mortgages, new research shows.
That’s about twice as long as a year ago in the states where foreclosures go through courts — before the mortgage industry was upended by last fall’s disclosures that court papers in many foreclosure cases were improperly prepared. Since then, new checks have slowed the process.
The backlogs suggest that the fallout from the nation’s worst housing-market collapse is likely to weigh on real estate prices in many markets for years to come, and on some markets for longer than on others.
In New York and New Jersey, where courts imposed new rules last fall, it would take lenders more than 50 years at their current pace to clear pipelines of homes that are seriously delinquent or already in the foreclosure process, according to LPS Applied Analytics, which collects data on nearly 40 million mortgage loans.
In Connecticut and Maryland, it would take about two decades. In Illinois and Florida, 10 and eight years, respectively.
The process is moving faster in other states, where courts aren’t typically involved. In those, the time to clear foreclosure pipelines — even if no other homes fall into foreclosure — has remained at just under three years, according to LPS.
There are 1.9 million homes in foreclosure or with mortgage payments more than 90 days late in those states.
