THE GANTT REPORT
By: Lucius Gantt
I never ever like to toot my own horn, but toot toot anyway! For about ten years I have been telling readers that bankers are beasts. Now, the world can see how their racism and greed has precipitated an international economic crisis.
George Bush had his “axis of evil” and today, Barack Obama has to deal with a so-called “coalition of corruption”.
I love and support the President just as much as anybody but why haven’t more executives of financial institutions been thrown in jail for their monetary crimes? Well, some say no significant number of bankers, lenders and insurance executives will go to jail because they contributed so much money to the President’s campaign coffers.
Not only were some financial gurus not arrested and indicted, they were given huge bonuses and some got jobs at the White House. Imagine that, hiring predatory foxes to watch over America’s financial hen house!
Don’t concern yourself with why The White House has not sought jail terms for beast bankers. The biggest friends of financial criminals are state governments!
Can I prove it? Yes!
Fakers, forgers, embezzlers and other financial criminals get away with economic murder everyday by violating any and all laws designed to protect citizens, consumers and bank depositors.
Let me explain.
Mortgage notes are bought, sold and transferred every day in America. Most Americans don’t know who holds the notes on their mortgages because governments turn their heads when banks and lenders choose to operate in violation of state and federal banking laws.
When beast bankers and predatory lenders contact you and claim to be your new note holder, the law says homeowners can request proof of the note sale or transfer but governments refuse to enforce those laws. The law says when property is sold, given away or transferred; a “transfer fee” must be paid to the government.
How in the hell can a predatory lender ask you for mortgage money when they refuse to pay the required and necessary government fees? They do it because government will never investigate claims of misconduct by beast bankers.
You can’t give a house or a piece of property to your child or your spouse unless you pay the appropriate government fees but lenders can do anything they want to because they give campaign contributions to politicians.
Yes, beast bankers can operate how they want to. They can discriminate, redline, arbitrarily change fees and interest rates, deny loans and steal money in these days and times but when the revolution comes I wouldn’t be surprised if many beast bankers were lined up on city streets and shot by firing squads!
You tell me, how much “stimulus money” has gone to the people and how much has gone toward bonuses for bankers, insurance companies and other Wall Streeters?
Yes, the pig gets fat but the hogs will be slaughtered.
