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America Looted into Destruction

November 1st, 2010

Video 1 "We suggest an immediate moratorium on foreclosures and a requirement that all notes be produced by purported holders of mortgages within a reasonable length of time. If they cannot be found, the mortgages - as well as the securities that pool them - are no longer valid. That means that the homeowners are not indebted, and that the homes are owned free and clear. And that, dear bankers, is a big, big problem. It is also the law - without evidence of debt, there is no debtor and no creditor. Fire Holder, fire Geithner, fire Bernanke. Get people in who will enforce the rule of law as intended."

Video 2 Rep. Alan Grayson asks the Federal Reserve Inspector General about the trillions of dollars lent or spent by the Federal Reserve and where it went, and the trillions of off balance sheet obligations. Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is.

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