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2010 October 3 | Activist News
Disobey

The Road to World War 3

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Edward Snowden

Open Letter To Obama

July 26, 2013 President Barack Obama The White House 1600 Pennsylvania Avenue, N.W. Washington, D.C. 20500 Re: Civil Disobedience, Edward J. Snowden, and the Constitution Dear Mr. President: You are acutely aware More »

greed3

U.S. Companies Pay Just One-Third Of The Legal Tax Rate: GAO Study

Huffington Post July 1, 2013 By Mark Gongloff Big, profitable U.S. companies paid an average federal tax rate of less than 13 percent in 2010, according to a new study — or More »

jeff olsen

Man Tried for Chalk Drawings Found Not Guilty

NBC San Diego July 1, 2013 By Christina London The man accused of vandalism for drawing with chalk outside banks has been found not guilty on all charges. A jury returned its More »

freedom-of-the-press

The Bigger Story Behind the AP Spying Scandal

Washington’s Blog/Global Research May 20, 2012 By George Washington Attack on the Press You know that the Department of Justice tapped scores of phone lines at the Associated Press. You might have More »

Daily Archives: October 3, 2010

Foreclosures bungle could hit US banks

AFP
October 3, 2010

NEW YORK (AFP) – Already fragile US financial firms are facing a raft of law suits and potential fines after three major mortgage lenders admitted to mishandling thousands of home foreclosures.

Major mortgage lenders Bank of American, JPMorgan Chase and GMAC have in recent days announced they were suspending tens of thousands of foreclosure processes across the country due to apparent improper handling of documents.

Attorney generals in six states are already investigating claims by borrowers that lenders have committed errors in the foreclosure documentations.

Foreclosures have evolved into a massive industry since the start of the economic crunch as Americans faced massive debts, with the number of mortgage defaults soaring from an annual average of one percent before 2008 to 10 percent today.

In 2010, more than three million foreclosures were expected to take place in the United States, figures show.

Documentation problems “are in all probability” likely to exist in 80 percent of them, according to Richard Kessler, an attorney that heads a company dealing with foreclosures.

The influx of hundreds of thousands of foreclosures led lending institutions to employ people who processed the paperwork as quickly as possible in order to put the property on the market in what has become known as “robo-signing”.

“This is a case of someone being understaffed cutting corners and trying to get the work down. I didn’t see this story as a malicious attempt against borrowers,” said Michael Moskowitz, CEO of Equity Now, a Manhattan-based mortgage lender.

Most of the foreclosures are expected to remain in place once the lending institutions re-examine the myriad of cases, even though the process may take years, said Kessler.

Full Article Here – http://news.yahoo.com/s/afp/economyhousingbankingusforeclosure

High levels of cancer-causing chemicals recorded since BP spill

LA Times
October 2, 2010
By Bettina Boxall

Levels of some cancer-causing oil compounds rose significantly in the waters off the Louisiana coast during the BP spill in the Gulf of Mexico, according to Oregon State University researchers.

“It’s an incredibly huge jump in concentration in a natural environment,” said Kim Anderson, an OSU environmental toxicology professor, who found a 40-fold increase in polycyclic aromatic hydrocarbons, or PAHs, from May to June.

Anderson is still analyzing the results and was not prepared to say what, if any, threat the elevated levels posed to the gulf environment. “It’s a huge increase that folks that deal with the more biologic side of it will have to address.”

Anderson and her research team started testing for the contaminants a few weeks after the April 20 well blowout, taking water samples at four near-shore locations along the Gulf Coast. Results from early August, after the BP well was capped and stopped leaking, continued to show elevated levels in the water.

The amount of such hydrocarbons in crude oil varies, as does the toxicity of the compounds, which constitute a large class of chemicals. Some are not toxic at all, and some are carcinogenic, Anderson said. Her gulf samples included all three types.

Full Article Here – http://www.latimes.com/news/nationworld/nation/la-na-oil-spill-chemicals-20101003,0,2383446.story

Local news stations training psychological ops soldiers: report

Raw Story
October 2, 2010
By Daniel Tencer

Two CBS affiliates have been helping train US Army psychological operations soldiers, says an investigative report at Yahoo! News.

According to documents obtained by John Cook through a freedom of information request, WRAL in Raleigh, North Carolina, and WTOC in Savannah, Georgia, have both hosted psyops soldiers as part of the Army’s Training With Industry program.

The soldiers “used WRAL and WTOC to learn broadcasting and communications expertise that they could apply in their mission, as the Army describes it, of ‘influenc[ing] the emotions, motives, objective reasoning, and ultimately the behavior of foreign audiences,’” the report states. The arrangement reaches back at least to 2001.

It is yet more evidence of an increasingly cooperative relationship between the US military and news media, that has led some media critics to question whether news organizations are becoming tools of military policy.

Cook reports that Raleigh’s WRAL says it hasn’t hosted a psyops soldier since 2007, but WTOC in Savannah currently has a psyops trainee in the newsroom.

Full Article Here – http://www.rawstory.com/rs/2010/10/news-stations-training-psyops-soldiers/