I STOPPED THE FINANCIAL CRISIS in 2009 by embarrassing President Barack Obama, former President William Clinton, Chairman of the Federal Reserve Ben Bernanke, and possibly the Federal Bureau of the Investigation, when I forwarded the “Report” to distinguished members in Washington, D C and other locations. THE REASON WHY PRESIDENT BARACK OBAMA DIDN’T CORRECT THE FINANCIAL CRISIS. President Barack Obama didn’t want to be known for stopping the financial crisis. It was very obvious; he was working with the other people who had caused the crisis. This was the reason why President George W. Bush had handpicked Senator Barack Obama to be the next President of the United States. I didn’t know that President Barack Obama was a resident of Illinois, nor did I know that Rev. Jesse Jackson was also a resident of Illinois. Rev. Jesse Jackson had received money from New York Bankers, my “Report” states that they had given him $350 million, that figure was not accurate, I purposely used an incorrect figure, to determine if anyone recognized the error. The New York Bankers gave Jesse Jackson $450 Million. Credit is to be given to Mayor Michael Bloomberg for providing direction to the President after my “Report” had reached the Whitehouse. My E-Book provides for Special Thanks to Mayor Michael Bloomberg and his advisors, for providing excellent advise to President Obama. You could read why the president didn’t want to stop the financial crisis by reading “The Escape Artisti$ts” How Obama’s Team Fumbled the Recovery written by Noam Scheiber. Noam Scheiber is a senior editor at The New Republic magazine in Washington, D.C., and a Schwartz Fellow at the New America Foundation. He holds a master’s degree in economics for Oxford University, where he studied on a Rhodes Scholarship. He Covered the 2008 presidential campaign and the Obama White House. Visit him at http://www.noamscheiber.com. Continue reading
The title of my E-Book, “How I Stopped The Financial Crisis in 2008.” I stopped the crisis by embarrassing members of Washington; President George W. Bush, and Chairman of the Federal Reserve Ben Bernanke, the Federal Bureau of Investigation, the state and local police in Connecticut, Senator Christopher Dodd, and Congressman Barney Frank, when I forwarded the “Report” to Distinguished members in Washington, D.C and other locations in the United States. The Agreement And The Washington Crowd. If Presidential Elect Barack Obama is Elected president of the United States. We Will Have Another Eight Years of George W. Bush. President George W. Bush handpicked Senator John McCain not to be the next President of the United States. President George W. Bush had handpicked President Barack Obama to be the next president of the United States.
Early History of the Jewish and Palestinian Peoples “In the book of Genesis, the Bible foreshadowed the conflict over land between the Jews and Palestinians. Ishmael was the son of Abraham and maid of his wife Sarah while Isaac was born to Abraham and Sarah. God promised land to both sons, specifically telling Abraham after he forced Ishmael and Hagar into the wilderness, “And I will make a nation of the son of the slave woman also, because he is your offspring.” Ishmael’s 12 sons became the founders of Ishmaelite tribes that spread from Egypt to what is today Iraq. Many modern Arabs recognize they are the descendants of Ishmael, while the Jews and the rest of the Israelites are descendants of Isaac. Hence, the earliest references to conflicting legitimate rights to these Middle Eastern lands were established.”
On February 24, 2008 I had sent a “Report” to Ruth Bader Ginsberg, Associate
Justice of United States Supreme Court, Cardinal Edward Egan, Archbishop of
New York, Condoleezza Rice, Secretary of State United States of America,
Distinguished members of Congress, the Professors of Harvard, Yale, New
and York Universities. On March 15, 2009, faxed a “Report” to Timothy F.
Geithner, Secretary of Treasury, also to Ruth Bader Ginsberg, Associate Justice
of the United States Supreme Court, Hillary Rodham Clinton, Secretary of
State United States Supreme Court, Cardinal Edward Egan, Archbishop of
New York, and Distinguished members of Congress, and the Professors of
Harvard, Yale and New York Universities. I also submitted a “Report” on the
1200 detainees being held at Guantanamo Bay Cuba on September 29, 2006
Hundreds of Detainees were released on December 16, 2006.
The Connecticut State and Local police created the issues that caused the Thirty Trillion-dollar contraction. The Connecticut State and Local police created the issues that caused the Thirty Trillion-dollar contraction. My adviser who had violated our agreement of confidentiality, provided information to a member of the family, after this member of the family had been released from a mental institution, stole records from my residence, with the help of another member of the family. These records were given to Buster Cocivi, a.ka. Sylvester Cocivi a farmer in Easton, CT, who is a resident of Fairfield, CT, who provided information to the Fairfield Police Department, which was then given to United States Attorney Stephen Robinson, which were then given to President George W. Bush. My adviser and James Broadbin and a former employee Attorney John Pavia, were in contact with Robert Morgenthau, Manhattan District Attorney. James Broadbin had provided information to the FBI, that a resident of Stamford, CT, had been in contact with the Michael People from Canada, who were reporting visions of the Blessed Mother and Saint Michael by the seer of Bayside, Queens Veronica Luken.
The Michael People from Canada were invited to the White House, who provided dillusionary and empirical evidence to President George W. Bush on the apparitions of Veronica Luken of Bayside Queens. The Blessed Mother had given information to the seer of Bayside that the International Bankers and Wall Street have been causing serious problems. President George W. Bush, the FBI, and the Federal Reserve Chairman had ordered the Chairman of the SEC to Order the Bankruptcy of Lehman Brothers Holdings on September 14, 2008.
During the Katrina crisis in New Orleans, Louisiana, President George W. Bush had invited President Bill Clinton to the White House to raise money for the victims of the most serious hurricane in the United States. President George W. Bush secret objective was to hire Bill Clinton to conduct information that he obtained from the Michael People from Canada and the FBI.
The actions of the Connecticut State and Local Police, the FBI, Manhattan District Attorney Robert Morgenthau, and the reports given by Attorney John Pavia, my advisor and James Broadbin to Robert Morgenthau and members of the family was nothing more than dillusionary and empirical evidence which lead to the near collapse of our capitalistic system.
The original argument that people (Subprime mortgage holders) who bought homes that they couldn’t afford is not supported by conclusive economic evidence. Economic evidence supports the theory that the rise in the prime lending rate from four percent to eight percent was a contributory factor to the mortgage crisis. The most credit worthy customers were paying 4% while the Adjusted Rate Mortgage Holders, who were a credit risk most likely, paid 8 or 9 Percent. The prime lending rate was at 4%, July 1, 2003 – June 1, 2004, the most credit worthy customers paid the 4% rate. When the prime lending rate rose to 8 percent June 1, 2006. The Adjustable Rate Mortgage Holders, who were a credit risk, most likely paid 16 to 20%. It is very obvious it was the cost of money that they couldn’t afford, not the price of the home. Their was an inverse relationship between the Cost of money and the Price of the homes. When the cost of money increased the price of homes declined, the housing market dropped, they lost their jobs, they couldn’t afford to pay the mortgage. Investors who bought derivatives credit default swaps, and wagered that the Adjusted Rate mortgage Holders wouldn’t default took large losses like AIG. Enron invested heavily in derivatives and lost money, and raised the cost of electricity, when they were under contract to sell electricity at a lower price, and lost money in order to deny the Enron employees their pensions. Terry Gross from NPR Interviewed Frank Partnory in his 1997 Book “FIASCO: Blood in the Water on Wall Street, July 17, 2011, Professor at the University of San Diego, CREDIT DEFAULT SWAMPS. Note. the Author of the eBook by Frank Palumbo “How I Stopped the Financial Crisis in 2008 and 2009” Provided his own research on the Cause of the Crisis and disputed the professionals.