Daily PUMA Column - Commentary by Alessandro Machi

Showing posts with label foreclosure fraud. Show all posts
Showing posts with label foreclosure fraud. Show all posts

Tuesday, December 14, 2010

The Sad Tale of Oprah Winfrey and her farewell Victory Tour while millions of americans suffer foreclosure fraud.

In just the past week, I have seen THREE Oprah Winfrey spoofs, one on Jimmy Kimmel, another on David Letterman, and another on Saturday Night live. While the spoofs are probably meant in fun and jest, in my opinion they are a condemnation of Oprah Winfrey's over the top narcissim during her retirement victory tour that appears to be lasting an ENTIRE television season!

In the past few weeks, without even looking, I have been exposed to Oprah Crying opposite Tyler Perry. Perry was recounting his horrible childhood, and began gushing at how Oprah inspired her, which got Oprah crying. It would be all well and good if Tyler Perry had not been also hawking his new movie, For Colored Girls, and if we didn't have 10,000 people being foreclosed upon every day in this country, many of them unfairly. It's just the wrong time to be making it about you, Oprah and your rich and successful friends.
Can there be anything more pathologically narcissistic than the site of two BILLIONAIRES crying on stage about how hard their lives were growing up, while every day in the United States 10 thousand homeowners are foreclosed upon?
Then there was Oprah crying as she and Whoopi Goldberg confab'd. It reminded me of the almost overdone sit com plot line where the protagonist on the show can't stand it when somebody doesn't like them. Gosh Oprah, how about asking Whoopi OFF CAMERA, why she doesn't like you, and not on! By the way, that may just be why Whoopi doesn't like you, your opportunizing a moment on camera, that could have been more productive doing off camera.

Just what is Whoopi Goldberg supposed to say ON AIR about why she doesn't like you, Oprah?

Then there was Barbara Walters asking Oprah if she was a lesbian and Oprah's vehement lie, er, denial that she was not. "Not that there's anything wrong with that" (a Seinfeld reference), but does anybody really believe Oprah's lesbian denials?

I have never bothered to calculate the percentage, but I believe that at least 50% of all female talk show hosts that have hosted their own television show, have been lesbians, and it could be as high as 75% if you count the couple who never came out. So this isn't really groundbreaking stuff even if Oprah is a lesbian. Anyways, all of these moments were rebroadcast on other television shows as excerpts, and these moments found me, I didn't find them, and I am the worse for it.

Speaking of Oprah's victory tour, she's in Australia for several weeks doing her farewell victory show and just a short while ago Hugh Jackman crashed into a light while making a special entrance for...Oprah Winfrey in Australia!

By the way, Aussies have been coming to the U.S. and gleefully buying up Florida properties for pennies on the dollars. Glad to see Oprah so in tune to her own countries troubles, snark, or that of Haiti's in their struggle to get any of that money that the United States allegedly raised for Haiti, but has held onto. But rumor has it that Oprah did fly over Haiti on her way to Australia and gave Haiti her blessings.
Has there ever been a television personality with the reputation and clout of Oprah Winfrey who has frittered away their final year in daytime programming by focusing on their own narcissistic journey, when the country and the audience that made her famous needed her to protect them from predatory banking and foreclosure practices that have been surfacing at an alarming pace?
Oprah Winfrey could have used the final year of her television show to expose the dastardly deeds of her own business acquaintances, such as those of Jamie Dimon of Chase Bank, but instead we are treated to a trail of Oprah's tears as guests tell her how much she has meant to them...meanwhile, TEN THOUSAND homes are foreclosed upon every day in the United States, and many of them are not being fairly treated.

The closest Oprah Winfrey went to addressing the home foreclosure issue that I can recall seeing is her focus on how YOU could take control of your own finances. That is fine and well, but what about predatory lending, foreclosure fraud, parallel foreclosure that americans are being victimized by Oprah? That woud require Oprah doing battle with the business establishment, and apparently, those who are Oprah Winfrey's closest friends.

I have a theory as to why Oprah Winfrey seems to have developed a weak spine. I think when the Texas Beef Council sued her for slander in the late 90's, and she had to go to Texas, (ironically, this was how she met Dr. Phil and he ultimately earned a shot at his own show), Oprah Winfrey was really really scared she could go to jail. She might have lost it if not for Dr. Phil.

It's my opinion that Oprah probably had a relapse of fear when the girls orphanage in South Africa that she funded ended up with accusations of abuse. I guess Oprah lives in fear that she will be sued if she gets involved in noble causes, and the result is a shell of what she could have done in her final year in the daytime television spotlight.

And of course, there is Barack Obama. Oprah Winfrey is quite proud that helped a racist country (that embraced her whole heartedly 25 years ago) elect Barack Obama, irrespective of his actual experience, to the presidency of the United States. Oprah did a show after the 2008 elections where she talked about Barack Obama being elected president as being as big of a deal as B.C. and A.D. (before christ, after death). I recall that Oprah show, she literally repeated herself two or three times on how miraculous it was that Barack Obama had been elected.

G'day Oprah.


Tuesday, October 19, 2010

Foreclosure Mom, "Mom Raps Foreclosure Tears". DailyPUMA thinks HAMP is a Sham and that the Rap lyrics indict Barack Obama as a Sham Wow.

I feel it is important to print the lyrics to Foreclosure Mom's, "Mom Raps about Foreclosure" rap video because Foreclosure Mom's lyrics are concise and accurate and convey the lunacy of Barack Obama's HAMP (home affordable mortgage program) as it is presently constructed. Back in December of 2009, the Los Angeles Daily News ran a story about how ineffectual the HAMP program was. It is now 10 MONTHS LATER and not only is HAMP still ineffectual, it is actually laden with film flammery from the ultimate flim flam man, Barack Obama.

To qualify for HAMP, the homeowner is FORCED to get behind on their mortgage payments by 3-4 months. However, once a homeowner takes the prerequisite step of getting 3-4 months behind, the banksters start a process called "parallel foreclosure" in which the banks begin filing the paperwork to FORECLOSE on the HAMPsters home.

And, many many HAMPsters have actually had their home foreclosed on while waiting for their HAMP to be approved. HAMP sounds like a Monty Python skit, BUT IT'S ACTUALLY HAPPENING TO TENS OF THOUSANDS, PERHAPS HUNDREDS OF THOUSANDS OF HOMEOWNERS EVERY YEAR, courtesy of Barack Obama!

It's almost as if the man who probably forged documents to become eligible to be president of the United States just can't help himself as he backs programs that HAMPer the american dream by requiring a pile of questionable documentation that seems to get lost and then has to be resent again and again by the homeowner. The american dream has been reduced to slowly losing what we already have, versus losing it all overnight, the preferred method of Barack Obama and the banksters.

A couple of months ago I wrote about the television programming conspiracy orchestrated by wall street banksters that primarily funds and supports new programming aimed at the youth of our country doing irresponsible things, as being the main reason that Hillary Clinton was supplanted by Barack Obama in 2008.

My article claimed that until a NEW NEWS CHANNEL sprang up aimed at the Fox News age demographics, but with a liberal conservative twist, (aka Hillary Clinton supporters), that non-progressive democrats would not get fair and accurate news reporting. Foreclosure Mom proves this point dramatically. The lyrics to Foreclosure Mom's rap song are profoundly accurate and well researched, yet she falls directly into the abyss of the type of person IGNORED by banksters, wall street and the television news channels.
Foreclosure Mom's rap lyrics are so concentrated with truth that a news director could assign each verse from the rap song to a reporter as a story lead!
I strongly suggest we forget that Hillary Clinton was cheated in 2008, or robbed, or whatever, and realize that without an actual cable channel filled with INTELLIGENT news gathering and reporting, our country will continue to suffer as we never see a successful presidency of the kind that Bill Clinton was just scratching the surface of and that Hillary Clinton could have attained in 2008.

Please either link back to this article if you want to use Foreclosure Mom's lyrics in your own article, or get permission from foreclosure mom and link back directly to her youtube site.

Here I sit all alone, and stare at the clock
Waiting for the moment when the sheriff will knock
Like so many others who manifested their dream
Convinced by the professionals in the great Wall Street scheme.

For the banks and the brokers, I had papers in hand
Tax returns, pay stubs, and maps of the land
Never had a loan and with the bank I debated
"Don't worry they said, that's why we go stated"
I gave unto them my bank statements piled tall
Oh no said the bank, we need nothing at all!
I thought to myself, how this could be
I was unaware of the paper feeding frenzy
Like so many Americans now living in shame
I was unaware of the securitization game.

All about finance I learned back in school
But nothing was taught about mortgage pools
The economy bad and about to go bust
I realized my loan was due to adjust
The bank reassured me, when my home I did buy
We will refinance you out of this loan, but that was a lie
I remember those words with angst and a frown
My home is underwater, completely upside down
I called up the bank to get justification
And ask them in fairness for a modification
"You're not in default, your payments on time
In order to help you must fall 4 months behind."
Americans are taught in our Institutions to trust
So I listened to my bank and did what I must

With credit now ruined I called to apply
I was put on hold until I wanted to cry.
After waiting forever and throwing a fit
I was given a list of documents to submit
I gathered up everything and faxed them my stack
After months of calling them, I finally heard back.
The response from the bank could not shock me more
A Notice of Default was nailed on my door.
Your foreclosure moves forward regardless they said
And your modification package has yet to be read

The day finally came when I was assigned agent Clarence
And soon the bank put me on a plan called forbearance.
For three months I paid more than I had paid before
But the uneasy feelings I couldn't ignore
Three months had passed with my payments on time
But what the bank did next should be a crime.
The bank needed financials and I asked them why
They answered because you may no longer qualify
What they said next went right to my core
In order to qualify I must pay $10,000 more
I sold many things big, medium, and small
The $10,000 booty, the bank got it all
I did all that was asked so our home we would save
I prayed every night and tried to be brave
I never imagined that at the end we would fail
But I knew it had happened when we received a Notice of Sale

The bank gave me a loan they said was a must
And they promised to change it before it adjusts
No court room, no judges, no madams or sirs
The money I owe is to a machine named MERS
My loan was bought many times, I know not the source
I will never find out who is "holder in due course"

So I loaded the cat, dog, and kids in the car
Took the last cash from our small cookie jar
I felt so alone, frightened, sad and so blue
If I could afford council, I would certainly sue
But alas, the bank won, their back gets a pat
No attorney for me they were counting on that.

Now read all about it and really get pissed
BOA pays 600 million dollars to investors on their list
Investors get their cash out of the toxic mortgage pool
While I lose my home and my son can't go to school.
Investors are not deemed to know the reps and warranties
Not required to notice the dotted i's and crossed t's
Borrowers they call us, folks like you and me
Servicer's say we're responsible, we signed the 1003.
Investors got paid and no one disputed

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