October 1, 2014

Eric Holder didn't send a single banker to jail for the mortgage crisis. Is that justice?

And banks and lenders carried through that fraud to every level of the mortgage process. They committed origination fraud through faulty appraisals and undisclosed trickery.

They committed servicing fraud through illegal fees and unnecessary foreclosures.

They committed securities fraud by failing to inform investors of the poor underwriting on loans they packaged into securities.

They committed mass document fraud when they failed to follow the steps to create mortgage-backed securities, covering up with fabrications and forgeries to prove the standing to foreclose.

http://www.theguardian.com/money/us-money-blog/2014/sep/25/eric-holder-resign-mortgage-abuses-americans

October 1, 2014

Iraqi Air Force Accidentally Delivers Food And Ammunition To ISIS Militants

http://www.huffingtonpost.com/2014/09/30/isis-iraqi-air-force_n_5908864.html?utm_hp_ref=tw

Iraqi military pilots mistakenly gave food, water and ammunition to enemy ISIS militants instead of their own soldiers, a senior security official and a brigadier-general told NBC News. The supplies were supposed to help besieged Iraqi army officers and soldiers who had been fighting Islamist extremists for a week in Saglawyah and the village of Al-Sijar in the country’s western province of Anbar.

“Some pilots, instead of dropping these supplies over the area of the Iraqi army, threw it over the area that is controlled by ISIS fighters,” said Hakim Al-Zamili, a lawmaker in the Iraqi parliament who is a member of the security and defense committee and acts as a security liaison for service members and commanders formed by anti-American cleric Muqtada al-Sadr. “Those soldiers were in deadly need of these supplies, but because of the wrong plans of the commanders in the Iraqi army and lack of experience of the pilots, we in a way or another helped ISIS fighters to kill our soldiers.”

October 1, 2014

German universities to scrap all tuition fees!

http://www.thetimes.co.uk/tto/news/world/europe/article4213550.ece

All German universities will be free of charge when term starts next week after fees were abandoned in Lower Saxony, the last of seven states to charge.

“Tuition fees are socially unjust,” said Dorothee Stapelfeldt, senator for science in Hamburg, which scrapped charges in 2012. “They particularly discourage young people who do not have a traditional academic family background from taking up studies. It is a core task of politics to ensure that young women and men can study with a high quality standard free of charge in Germany.”