By Numerian posted by Michael Collins

"The US financial system is close to collapse - The deliberate public relations campaign by government, politicians, and business leaders to assure us that “all is well” when it comes to the banking system is unraveling. The dry rot that is destroying banks keeps eating away at the foundations of finance, the latest example being the revelations regarding the foreclosure process. The ugly, life-threatening reality that no one in banking wants to talk about is that the biggest asset class of the industry – home mortgages – may be severely compromised because the mortgages themselves may be uncollateralized. ... The simple fact that the banks have failed for twenty years to keep the borrower’s note connected to the mortgage document, and have both registered with local recorders of deeds, means that banks cannot really prove they are the legal lender with rights to foreclose."

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By Andrew Kreig Posted by Michael Collins
Justice-Integrity Project

Here's why the Justice Department's halt to its probe of CIA obstruction of justice involving torture looks like another whitewash. (left-US Attorney General Eric Holder)

The DOJ compromised its probe from the beginning in 2008 by assigning it to Connecticut federal prosecutor John Durham, whom courts have twice implicated in suppressing evidence. In one of those cases, a federal judge rebuked him also for what she described as "severe misconduct" during cross-examination.

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