Mortgage Delinquencies Hit Another Record
The pace at which people fell behind on their mortgages slowed during the summer for the third consecutive quarter, but the overall delinquency rate hit another record, a new report shows.
For the three months ended Sept. 30, 6.25 percent of U.S. mortgage loans were 60 or more days past due, according to credit reporting agency TransUnion. That's up 58 percent from 3.96 percent a year ago. http://www.cnbc.com/id/33986655
The Fed has destroyed Americans and the nation, as well as most of Europe, by using very same technique which was used by satan noted in Matthew 4. Also, used the name of God to gain others trust while at the same time misleading massive Americans and many around the world. NO INTEGRITY
http://www.biblegateway.com/passage/?search=Matthew%204:1-10&version=NIV
Thain shows no remorse proving that they don't have normal integrity except hell-bent greed.
- Former Merrill Lynch Chief Executive John Thain, who was fired after a scandal over the payment of billions of bonuses to Merrill traders, argued on Tuesday that big payouts played no role in triggering the financial crisis. http://www.cnbc.com/id/34003996
Gold vs USD: The United States has the most gold than other countries, so, it is just a matter of manipulating different asset classes with colluded money robbing and swindling massive sheeples, for example, since the Fed 1913, USD lost 98% of its value.
Furthermore, the FED is mostly owned by foreigners who are literally robbing nations around the world as we see that most of European countries and now the United States are going bankrupted while 1% owning over 98% global wealth. Repealing the Glass-Steagall act was one of long term scheme to defraud Americans and the nation as the repeal has set up for the R.E. bubble/crash.
* Gold quantity irregularity: I previously noted that any system can be manipulated, e.g. gold standard, now I read the GLD reported irregularity in gold quantity.
1. United States
Gold Reserve Value: $298.36 billion
The United States Bullion Depository in Kentucky --- otherwise known as Fort Knox (left) --- is the most famous gold stockpile in the world. It holds the majority of the nation’s gold reserves, the remainder of which is held at the Philadelphia Mint, the Denver Mint, the West Point Bullion Depository and the San Francisco Assay Office. Altogether, the total gold reserves of the United States equal 8946.9 tons and are valued at approximately $298.36 billion.
http://www.cnbc.com/id/33242464?slide=16
http://www.marketoracle.co.uk/Article14996.html1] - irregularities in the publication of the gold ETF - GLD’s bar list from Sept. 25 – Oct.14 where the length of the bar list went from 1,381 pages to under 200 pages and then back up to 800 or so pages.
2] - reports of 400 oz. “good delivery” bricks of gold found gutted and filled with tungsten within the confines of LBMA approved vaults in Hong Kong.
James Madison on Rothschild
History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance.
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