Visit my new blog…

http://mrmortgage.ml-implode.com

Wells Fargo Subprime toxic waste exposed. Do they have to raise capital? Mr Mortgage shows a 2006 Wells rate sheet. This is hard evidence of Wells doing nasty subprime loans for borrowers with scores as low as 500 and 120-day mortgage late payments, which is essentially foreclosure status. They did not sell this directly to consumers, rather used correspondents like New Century, Accredited, Countrywide etc to rebrand the programs and sell them as their own. This is a very common practice but this just proves Wells is dirtier than most. First, because not everyone did subprime. Second, because they lied of course.

Duration : 0:7:48

Technorati Tags: Alt, banks, bear, bubble, bust, crisis, Estate, foreclosure, home, Housing, Lehman, mortgage, mr, real, recession, Stearns, subprime

also check me out on http://www.facebook.com/PeterSchiff and http://twitter.com/schiffforsenate

Duration : 0:9:27

Technorati Tags: bear, Ben, Bernanke, bubble, bull, collapse, commodities, crash, crisis, currency, depression, dollar, doom, economic, economy, euro, faber, gold, Hang, inflation, krugman, market, nasdaq, NYSE, oil, paul, Peter, recession, rogers, ron, Roubini, Sang, Schiff, silver, stagflation

also check me out on http://www.facebook.com/PeterSchiff and http://twitter.com/PeterSchiff

Duration : 0:8:32

Technorati Tags: bear, Ben, Bernanke, bubble, bull, collapse, commodities, crash, crisis, currency, depression, dollar, doom, economic, economy, euro, faber, gold, Hang, inflation, market, nasdaq, NYSE, oil, paul, Peter, recession, rogers, ron, Roubini, Sang, Schiff, silver, stagflation

also check me out on http://www.facebook.com/PeterSchiff and http://twitter.com/PeterSchiff

Duration : 0:9:52

Technorati Tags: bear, Ben, Bernanke, bubble, bull, collapse, commodities, crash, crisis, currency, depression, dollar, doom, economic, economy, euro, faber, gold, Hang, inflation, market, nasdaq, NYSE, oil, paul, Peter, recession, rogers, ron, Roubini, Sang, Schiff, silver, stagflation

Now, more than ever, there is an imperative need for people to understand the nature of credit in a capitalist society. In a time when we are seeing the high seas of finance increasingly rocked by rolling crisis and systemic instability, from Enron to the sub-prime mortgage debacle to the dot.com bubble to the asian financial crisis- in such a time it is imperative that average citizens develop a useful critique of the way credit functions in the global economy.

full text at:
http://kapitalism101.wordpress.com/what-is-credit/

Duration : 0:7:11

Technorati Tags: bubble, capital, capitalism, circuit, credit, david, Federal, fictitious, harvey, karl, marx, of, rese, speculation, speculative, value

My Mortgage Bankers Speech from Nov 13th 2006 is now in one video clip. I gave this presentation at the the Western Regional Mortgage Bankers Conference in Las Vegas. There were over 2,000 mortgage bankers in attendance. I also made similar comments when I addressed this conference a year earlier in 2005 at the height of the real estate bubble. For those people who said no one saw it coming, this presentation is a real eye opener. Let’s see if we can get this clip to go viral.

Thanks to a YouTuber called “csabasand” here is a full transcript: http://www.csaba.se/2009/09/26/peter-schiff-mortgage-bankers-speech-2006-complete-transcript/

also check me out on http://www.facebook.com/PeterSchiff and http://twitter.com/PeterSchiff

Duration : 1:12:41

Technorati Tags: banker, bear, Ben, Bernanke, bubble, bull, collapse, commodities, conomic, crash, crisis, currency, depression, dollar, doom, economy, euro, faber, gold, Hang, inflation, market, mortgage, nasdaq, NYSE, oil, paul, Peter, recession, rogers, ron, Sang, Schiff, silver, speech, stagflation

Check out my new blog…

http://mrmortgage.ml-implode.com

S&P, BofA and Fitch all concur that the ‘Home Equity Implosion’ is knocking on, or kicking down rather, the front door.

Duration : 0:6:22

Technorati Tags: Alt, banks, bear, bubble, bust, crisis, Estate, foreclosure, home, Housing, Lehman, mortgage, mr, real, recession, Stearns, subprime

Schiff Report Video Blog Oct 28th, 2009 Also check me out on
http://www.facebook.com/PeterSchiff and http://twitter.com/PeterSchiff

Duration : 0:9:57

Technorati Tags: bear, Ben, Bernanke, bubble, bull, collapse, commodities, crash, crisis, currency, depression, dollar, doom, economic, economy, euro, faber, gold, Hang, inflation, market, nasdaq, NYSE, oil, paul, Peter, recession, rogers, ron, Sang, Schiff, silver, stagflation

Now, more than ever, there is an imperative need for people to understand the nature of credit in a capitalist society. In a time when we are seeing the high seas of finance increasingly rocked by rolling crisis and systemic instability, from Enron to the sub-prime mortgage debacle to the dot.com bubble to the asian financial crisis- in such a time it is imperative that average citizens develop a useful critique of the way credit functions in the global economy.

Full text of the video can be read at:

http://kapitalism101.wordpress.com/what-is-credit/

Duration : 0:8:42

Technorati Tags: bubble, capital, capitalism, circuit, credit, david, depression, Federal, fictitious, harvey, karl, marx, of, recession, Reserve, speculation, speculative, value

Schiff Report Video blog Oct 10th 2009 Note: the mortgage lender I spoke with is not necessarily the largest single recipient of federal bailout money, just one of the largest. Also check me out on
http://www.facebook.com/PeterSchiff and http://twitter.com/PeterSchiff

Duration : 0:8:24

Technorati Tags: bear, Ben, Bernanke, bubble, bull, collapse, commodities, crash, crisis, currency, depression, dollar, doom, economic, economy, euro, faber, gold, Hang, inflation, market, nasdaq, NYSE, oil, paul, Peter, recession, rogers, ron, Sang, Schiff, silver, stagflation