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The new cash cows: Elderly with assets

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Marti Oakley (c) Copyright 2012 All Rights Reserved

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Targeting the elderly with assets

If Adult Protective Services was actually focused on protecting vulnerable adults, they have only to look to our streets that are littered with homeless, hungry and many times disoriented adults of all ages who desperately need help and protection. But…. these people have no money, and no estates to loot.  APS steps over these individuals in order to get to those who have assets.

In every state organized crime rings are operating involving the same judges, predatory guardians, attorneys, Adult Protective Services personnel, medical personnel, and participating facilities who will violate the rights of an elderly or disabled victim in exchange for payment or personal profit.

This system of theft will continue until the entire estate has been stolen leaving the victim penniless. At this point, Medicare and Medicaid are used as the cash cow to cover medical expenses and the inflated charges of nursing, the doctors’ visits and vast amounts of medications are charged off to these services costing these services millions each year in padded billing.

If predatory guardians were actually concerned about the health and welfare of their victims, there would be no need to physically kidnap, isolate and forcibly medicate these people and then to proceed on to steal their life’s savings.

Of wills, trusts and other legal instruments More

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TS Radio: Walter Burien discusses hidden CAFR accounts

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Join us Tuesday morning, August 7, 2012, at 10:00 CST!

Due to major technical difficulties this show will air at a later date.

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Breaking The Silver Manipulation Barrier

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Alt-Markets.com

Brandon Smith

In 2011, so far gold has been the champion investment above and beyond any contender, including stocks and equities. At the announcement of the S&P downgrade of America’s credit rating, only gold showcased immunity. In fact, gold has thrived (as we predicted) in the face of any potential economic threat, from deflation in stocks, to inflation of fiat currencies. Some may wonder, though, where silver has been while its big brother is flexing its investment muscle? While traditionally, silver tends to follow market surges in gold, the past eight months have been rather confusing for the cheaper metal. Admittedly, silver has performed far beyond the predictions of slow witted mainstream skeptics, but it still has not come anywhere near its true potential, especially in light of gold’s incredible strides. Many may be wondering how it was possible for gold to stampede into the $1800 an ounce range after the downgrade while silver stayed completely static at around $40 an ounce. The behavior of commodities markets has been, indeed, very strange… More

CRAPitalism: Liquidating the elderly: Part 2

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Marti Oakley (c)copyright 2011 All Rights Reserved

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We are on the verge of seeing the boomers, who have contributed FICA taxes for 40 years or more, pauperized.  Obama and the Gang of 6 (A very apt name, this is a criminal enterprise) are about to chop up SS, and medicare rather than cut costly and useless government programs or shutting down any of the unlawful federal agencies that suck the lifeblood out of the country. 

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It is an amazing thing to me to hear those in the District of Criminals continue to spew the mantra that increasing taxes on the wealthiest will somehow cost us jobs.  Knock! Knock! Puddin’ heads!  WE got no jobs!! We have an admitted 22 million out of work. What is your excuse now?  Where are those jobs you promised if we treated the wealthy preferentially and absolved them of any meaningful responsibility to our country?

I believe the excuse for not taxing the wealthy has long since been exposed as fraud.  The wealthy do not create jobs, at least not here in the US. The wealthy do not invest in America to any great degree.  The wealthy are not willing to make any sacrifices in order to help stabilize the economy and reduce the national debt.  Why this privileged class is allowed to exempt themselves from the burden the rest of the country has to shoulder is a nagging question many of us are asking.  Maybe God could put a word of knowledge on the hearts of some of those pious Republicans who would see most of us destitute before they called on their wealthy friends or corporate donors to contribute. 

Why is it you will tax small business owners and working class people into oblivion but refuse to tax pirating corporations and uber wealthy individuals and families that are plundering the economy and the country?  

At what point did these hard core, bible thumping, scripture quoting right wing fanatics decide that it was morally acceptable to relieve their best wealthy friends (and themselves) along with mega corporate donors from any meaningful responsibility in sacrificing for the national debt, but it was just fine and damn dandy to go after the elderly and disabled after decades of plundering the investments in Social Security. 

Obviously it is far more acceptable to put the screws to the elderly, retired or disabled rather than ask those skimming the cream off the top to contribute one damn thing to this country. 

Killing Social Security More

CRapitalism: The Liquidating of America/ Part 1

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Marti Oakley (c)copyright 2011 All Rights Reserved

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“we have a system of privileged corporations using the congresses, the presidents and all the alphabet soup agencies to enact and enforce oppressive legislation, regulations, rules, and other enforcement instruments to drive independent competitors from the markets,”

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I had to look up the definition of capitalism just to make sure my understanding of that concept was accurate.  It was.

Capitalism defined by Merriam’s Online

: an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market

While I hear one politician or another extolling the virtues of free markets and while these same corporate hiney huggers along with successive presidents admonishes us that we must participate in the global economy, I find myself wondering just how bad the negative effects of the global economy have to become before someone cries “uncle”!  As in “Sam!”  

CRapitalism defined: More

World Bank warns on ‘farmland grab’ trend

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Source: Financial Times

Financial Times | July 27 2010

By Javier Blas in London

Investors in farmland are targeting countries with weak laws, buying arable land on the cheap and failing to deliver on promises of jobs and investments, according to the draft of a report by the World Bank.

“Investor interest is focused on countries with weak land governance,” the draft said. Although deals promised jobs and infrastructure, “investors failed to follow through on their investments plans, in some cases after inflicting serious damage on the local resource base”.

In addition, “the level of formal payments required was low”, making speculation a key motive for purchases. “Payments for land are often waived … and large investors often pay lower taxes than smallholders … or none at all.” More

A Citizen’s Memorandum of Understanding (MOU) with the Federal Government – MOU #3: Healthcare Reform

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                        PPJG Original article

 September 29, 2009  

Author:  Marti Oakley (c) 2009  All RIGHTS RESERVED

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MOU #3

Greetings:

Consider this a memorandum of understanding (MOU) to all members of the Senate, all members of the House, and to President Obama.  I am sure you are fully aware of the intent and implications of MOUs, as each of you, in one way or another, uses them to establish the outlining of agreements between yourselves, collectively or individually, concerning the agreements you have made with individuals acting as state’s representatives or agencies; generally to avoid Constitutional prohibitions on your intended actions and in avoidance of the Constitution.  I am using it in quite another fashion as you will see in the following text.

For you, MOUs are the terms and agreements of what, are in fact the first step in contractual agreements. MOUs are most often accompanied by cooperative agreements and funding (bribes) to implement what generally turns out to be egregious assaults to civil rights and liberties to the benefit of the federal government, linked so inextricably to corporate interests and global agreements.

Consider what follows a Memorandum of Understanding between me, Marti J. Oakley, and all of you, collectively cited in the above paragraph. More

CITIBANK…Let’s see your credit “score”

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Citibank is back asking for another 125 billion in taxpayer bailouts.  No one is even sure how many billions they have already availed themselves of, but we do know the mismanagement and corruption hasn’t slowed a bit. 

 

This week, I received two notices from Citibank on the two small accounts I have with them.  After about six years of making my payments on time, making far more than minimum monthly payments and never being late…not even once!….I was told that my interest rate of 10.19% was being jacked up to 29.99%.

I closed my accounts immediately and have decided that due to predatory lending practices exhibited by Citibank, which our illustrious congress failed to address, I am left with no choice but filing bankruptcy. 

According to my friend Dan Martin, one of the few people I know who understands how the financial system works, if I attempted to pay off a thousand dollar card using the minimum monthly payment the debt could never be repaid.  Dan says it goes like this:

 $20 per month will never pay off $1,000 at 29.99%.

 To retire this in 20 years would require a payment of $25.06.

 10 years, $26.36.

 5 years, $32.35

And about those fuzzy interest rates….

For example:  $1,000 paid down to zero in 12 equal monthly payments would require a payment of $97.48.  Total interest paid over the year would be $169.79.  As a percentage of the $1,000 this would be 16.979%.  As a percentage of the “average” outstanding balance (median is $536.96) this would be 31.62%.

 

The 31.62% figure is probably the closest to the APR (annual percentage rate.)

$2,162.53 interest would be paid over a ten year loan.  As a percentage of the $1,000 this would be 18.021%.  As a percentage of the “average” outstanding balance (median is $814.73) this would be 22.119%.

The 22.119% figure is probably the closest to the APR (annual percentage rate.)

  

Each day there are media spokespersons railing about our credit scores, how to increase them how to protect them and the travails which will accompany either no credit score, or a “bad” credit score.  We are encouraged through constant advertising to get copies of free credit reports and are cautioned about how really bad our lives will be if we don’t launch ourselves into predatory debt and have this number attached to our names supposedly defining who we are. 

 

Your credit score is an artificially created number, and only useful to the same companies who created it.  It has no relevant or evident meaning and is affected by information many times that is neither factual nor correct.  Why we have allowed ourselves to become enslaved to this fictitious number that represents nothing, is beyond me.

 

Here’s the problem:  The same companies many times, who generate these bogus numbers are the same ones who are in the tank and spending taxpayer money to cover the losses they themselves caused.  Did anyone bother to check their credit scores?

 

It seems obvious to me that a credit score isn’t as important as we were led to believe.  It surely has had no bearing on the ability of Citibank and other financial parasites to obtain massive loans based on the very criteria used to deny us common folk a loan, or a credit card or to charge predatory interest rates.

 

It seems bad judgment, failure to invest wisely or to save for future needs didn’t affect Citibank’s credit score or its ability to secure massive loans with toxic debts used as collateral.  Congress just couldn’t move fast enough to hand major wads of cash over to the same companies and individuals who had bankrupted their own companies and whose credit scores had to have been in the minus category.

 

I believe Citibank and others like them should be charged the same predatory rates of interest subject to [universal default] on all the TARP funds.  Once they miss a payment or are late on even one …..we’ll just raise the rate across the board on all the loans.

 

So Citibank……What’s in YOUR wallet……besides piles of taxpayers cash?  I bet you aren’t carrying your own card; you couldn’t afford to. 

© 2009 Marti Oakley

  

The government take over of the US economy …BRASSCHECK TV/video

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http://www.brasschecktv.com/page/512.html

Where all the money goes.  Two sets of books

 

The government take over of the US economy

This video was originally produced on January 8, 2000 by Walter Burien.

The government, at all levels, is running a very simple financial con game.

If something produces revenue – like bridges, highways, ports, or successful investments etc – that revenue goes into off budget slush funds.

If it costs money, it’s charged to the public via taxes.

This is being done at all levels of government – including state, county, city, and school districts.

The total “off budget” funds held by the various governments amount to trillions of dollars.

The real accounting is contained in what’s called Comprehensive Annual Financial Reports (CAFR) which are not only not made available to the public, their very existence is never mentioned by the news media.

Why?

Trillions of dollars pays for a lot of corruption.

Every time an elected official stands before you and tells you the government is out of money and they have to raise taxes, he or she is lying through their teeth

 

http://www.brasschecktv.com/page/512.html

 

Market meltdown? An early plea for investment banker welfare…BRASSCHECK TV/video

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Posted in August 2007
One year ago

Jim Cramer, a popular financial program TV host in the US, had a bit of a breakdown on camera last year (August 2007)Because he made his reputation by histrionics and grandstanding, it didn’t hurt him among his audience.

Cramer claimed to be concerned for the fate of millions of Americans who were saddled with predatory real estate loans in recent years.

Maybe he actually cares about the thousands of home owners who will be hurt by this insanity. Maybe.

But clearly, the folks that Cramer demonstrated real concern for in this tirade were his friends who work for hedge funds and investment banks: “People are losing their jobs!” he cried.

Pardon me if I don’t shed a tear for the crooks who’ve collected seven figure bonuses each year for turning our financial system into a casino.

Here’s what I have to say to the bankers who are crying now:

“You put it all on red and it came up black. Tough shit. Stop sniveling from the back of your limousines and houses in the hedge funds, KramerHamptons and get a life.

Why should the people who actually work for a living and add real value to the economy reduce their already-reduced standard of living further to bail you out?”

 

 

It’s enlightening to go back and see what various analysts had to

say when the sub prime mess first started unraveling. 

 

Here’s a clip from more than a full year ago.

 

It features a popular TV stock picker flipping out on live TV as he describes the mayhem going on behind the scenes on Wall Street.

 

http://www.brasschecktv.com/page/132.html

 

His solution – because he’s from the investment banking world – was a bailout for his friends at the big banks. 

 

And that’s what this is all about.

 

As Jim Rogers pointed out in yesterday’s video, the US financial system has already been trashed. That horse is out of the barn.

There’s no “fixing” it.  Either nature will be allowed to take its course (painful as that may be)

 

Or

 

The US Treasury will dump trillions of dollars into the economy to ease the transition for Wall Street billionaires at taxpayer expense – and at the expense of the long term prospects of the US economy. 

 

Anyway, here’s a former investment banker and current stock market cheerleader wailing and gnashing his teeth on behalf of his Wall Street buddies a year ago when it became clear that the jig was up:

 

http://www.brasschecktv.com/page/132.html

 

– Brasscheck

 

Regulation in FantasyLand

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The general co-chairman of John McCain’s presidential campaign, former Sen. Phil Gramm (R-Texas), led the charge in 1999 to repeal a Depression-era banking regulation law that Democrat Barack Obama claimed on Thursday contributed significantly to today’s economic turmoil.

http://www.politico.com/news/stories/0308/9246.html

 

Let me see if I have this right.  On December 15, 2000, as part of a decades-long anti-regulatory crusade, Former Senator Phil Gramm, representing the “foxes,” slipped a 262-page measure called the Commodity Futures Modernization Act into the omnibus spending bill.

 

Years of unceasing effort to beat down Depression-era firewalls between commercial banks, investment banks, insurance companies, and securities firms had come to a successful conclusion, and set off a wave of merger mania with a return to the halcyon pre-Depression days of unregulated and unfettered manipulation of banking and the stock market.

 

The foxes had succeeded in defeating most of the protections the “farmer” (responsible government) had erected around the “henhouse” (our much-vaunted capitalism) in an effort to prevent the abuses that resulted in the Great Depression.

 

Not to push the allegory too hard, now all of those chickens have come home to roost.

 

And, the Administration wants to put the foxes in charge of 700 billion dollars ($7,390 per U.S. family) to save the henhouse from total collapse.

 

YOU HAVE GOT TO BE KIDDING ME!

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