HERE IS SOMETHING YOU CAN DO–MAKE ELIZ. WARREN HEAD OF BCFP

WHAT IS ABOUT TO HAPPEN: The appointment of the head of the Bureau of Consumer Financial Protection recently created by the new federal legislation on financial reform. Elizabeth Warren and Mary Schapiro essentially defined the job. Ms. Schapiro is already head of the SEC and is  vigorously investigating and prosecuting the mortgage fraud business across the board. That covers the investor side. Elizabeth Warren has been vigorously investigating but unable to bring action on behalf of homeowners and borrowers because she is “only” chairman of the task force on financial reform.

ELIZABETH WARREN IS NOT JUST A VIABLE CANDIDATE FOR THE JOB OF HEAD OF THE BUREAU OF FINANCIAL CONSUMER PROTECTION, SHE IS THE ONLY ONE ON EARTH WITH SUFFICIENT UNDERSTANDING ABOUT WHAT REALLY OCCURRED TO BE EFFECTIVE IN THAT JOB.

HERE IS THE PROBLEM: The Banks will do ANYTHING to keep her from getting that job. If the President nominates her, it will provoke a big fight in the Senate. If you like the idea of bailing out the banks again, if you like the idea of plunging the country into a recession, if you like the idea of ruining the lives of 20 million homeowners, and if you like the idea of stealing money from investors all around the world, then by all means join hands with the banks and do nothing.

But if you would really like to see something happen — something that will actually MEAN something in your life and the lives of millions of Americans, then spend 30 minutes, and write to the President, your senators, and your congressman. With  separate letter to each one, I suggest the following wording, but write anything you like:

Dear _______,

I am aware that you face a difficult choice of nominating and confirming a candidate to lead the new consumer financial protection bureau created in the financial reform package you just signed into law. The choice however is not who would best serve in that position. Everyone knows it is Elizabeth Warren. Even the banks who oppose her nomination know it, which is why they gearing up for battle. She is the one they are afraid of because we all know that the entire truth of this mess is still being revealed.  If she is not the nominee than the entire plan for protection of consumers is undermined. She defined the position and she should be appointed not as a reward but as protection for myself, my family, my friends and neighbors. PLEASE NOMINATE AND CONFIRM ELIZABETH WARREN NOW.

SIGN YOUR NAME

PUT IN YOUR ADDRESS

17 Responses

  1. $550 million settlement between the U.S. Securities and Exchange Commission and Goldman Sachs. $550 million that’s it, really? Come on now we all know better than that, this just supports the fact that the SEC is a corrupt terrorist organization accepting hush money from Godless Snakes.

  2. Here is Tim Geithner’s fax at the US Treasury

    202-622-6415

  3. The NeverDrying Truth –
    Mary Schapiro and the SEC along with the rest of the other unconstitutional alphabet cereal agencies are ALL CROOKS.

    Careful here brother….really. Be cool …Try and get just a little more creative here

    Okay?

  4. CREATIVE CASE LAW AND WEIRD BUT HARD HITTING LEGAL REFERENCE
    By Maher Soliman

    “Nigerian Barges” are a must for anyone trying to get a handle on my insider view and time machine track-back.

    I believe if you look back at the Enron debacle and Brendan Fastow CFO testimony, you’ll get the real story behind a Ponzi using SPE and SPV mad science.

    The Continental Case with Keating is huge and don’t forget Adelphia.

    I’ve yet to give up the fight for those who are willing to listen. My biggest weapons in the arsenal of “Lender knock out’s” have been removed.

    • 1122 Asset backed Rules (Delisted gone)
    • SarBox Legislation (Repealed-gone)

    (Is it true McCain looked the bankers in the eye and said “Sorry, one more time…NO? I won’t sell out!” Hmmmmmm! “Where does he come up with this stuff ….ahhhh”?)
    ————————————————————————–INDUSTRY TERMS

    Modification: [“morons”-vacation] It lets you sleep at night for a month or three while you wait out the lender who is waiting out the TIME necessary to redeem your home from a insurance premium.

    Prepayment Speed (CPR): Temporary stay from execution. Aka Constant Prepayment Rate or “burn rate” till your lenders off the hook for repurchase and recourse. It’s the wait time in the above definition.

    Overcollateralization: Its free money honey! Excess cash the lender gets from sucker investors. A huge cash cushion the lender gives to derivative players to generate more cash flow. In the mean time, they use substitution (file for a file) in a robust market to allow Citi to refinance BAC and Wells to refinance Citi and GMAC to refinance Wells and Peter to rob Paul.

    Indemnity & Surety: Your lender’s motivation for stalling you while you pay them for a trial and they wait long enough for OC, Surety and Indemnity Policy to kick in.

    Trial Period: A nifty way to rob you of the last remaining dollars you have left to give an attorney to stop a lender from foreclosing (Really).

    Nothing can be modified without a new recording. Why then do modifications not happen? How can your lender record something they do not own! And Loan Mod’s are suckers play! Only by “novation” can a modification exists.

    The good news . . . their effort is evidentiary!

  5. Hear! Hear!

    I already did this prior to your post, but it is good to remind us how to speak up and be heard!

  6. I sent mine off too. Couldn’t resist adding another paragraph to vent my spleen about the failed MHA program and the deliberate stalling by B of A and a few choice words about Wall Street and the corrupt big banksters.

  7. Ms. Warren from what I’ve seen has a good heart but somewhat easily deceived and sometimes gulible. Mary Schapiro and the SEC along with the rest of the other unconstitutional alphabet cereal agencies are ALL CROOKS. Why doesn’t anyone understand that we don’t need more agencies and BIGGER GOVERNMENT, we need no more than 10 max agencies and a smaller less expensive government that stays within its limits. What good do any of these agencies do for the every day average individual citizen? NONE, they don’t make it any easier for normal hard working citizens to obtain relief from the courts. They actually make things worse, because instead of depending on just the courts for redress and relief, you now are depending on whatever agency that occupies the field of law that has been violated. Plus you could have all the laws in the world passed and all of the agencies in the world created to tax all the money from your pocket and your paycheck, but that will not change the fact that judges will not enforce the law unless it is to their benefit such as enforcement for regulators that raise money for the judge’s pensions in the Thrift Savings Plan.

  8. [youtube=http://www.youtube.com/watch?v=bt56UrqO5J4&hl=en_US&fs=1?color1=0x5d1719&color2=0xcd311b]

  9. Thank you Neil and SoCalGal Got the letters out

    NEVER AGAIN

  10. Thank you Neil!!!

    Elizabeth Warren is a consumer advocate. We have had no consumer advocate agencies to date.

    All in financial institution power, including Mr. Timothy Geithner, are opposing Elizabeth Warren’s nomination.

    SoCalGal – provides the right email address to contact Mr. Obama – who has now made Mr. Timothy Geithner his right hand man.

    This is an opportunity to for the people to speak out. Please (and I have no personal interest) contact the President and urge nomination of Elizabeth Warren.

    If you fail to speak out – we will continue to be silenced.

  11. http://www.whitehouse.gov/contact

    Go to this site to send your letter to Pres Obama

  12. sent all my letters out ! Hope it helps!

  13. TO BIG TO FAIL = COMMUNISM

  14. Is this the Office of Homeowner Advocate to review denied loan mods? Sen Frankin sponsored this bill.
    Stan
    Racine, Wi

  15. Please puovide an address to submit the letter.
    .

  16. I will work on my letters this weekend so that they all go out on Monday.

  17. Excellent post! We all need support Elizabeth Warren.

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