Itâs referred to as Capitol Crimes. AMY GOODMAN: Lou Dubose, the co-creator of The Hammer, at the tip of that clip on âMoyers on America,â Capitol Crimes. Abramoffâs handled. Thatâs the end of it. Then, once they file the order to docket, which is the instrument thatâs filed within the circuit court docket, it will list a totally totally different firm. And as a company, Wells Fargo pushed the subprime loans, because it was their goal to have the subprime division pay for the fixed costs of the whole company. ELIZABETH JACOBSON: Right. Wells Fargo did this underneath a program where they'd donate for any homeowner 0 to the nonprofit of their choice. RG: Mmm. Heâs a vigilante? Bill MOYERS: Not solely does it get very little protection, however the telecommunication business is spending a fortune on adverts to spin the story. Wall Street, the banks and the Fortune 500 now run this republic. Because the economic system and the stock market went into a tailspin and the banks were caught conducting a worldwide Ponzi scheme, Wall Street issued this menace: either hand over trillions of dollars from the American taxpayers, or we'll crash this financial system straight into the ground!
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WILLIAM WORFEL: Jack went to telling us that, you recognize, that he understood our cause, you recognize, because he was a Jew and his individuals had been, you know, took benefit of, been mistreated, so he understood, you realize. I simply took it by religion that I was going to be Ok. AMY GOODMAN: The FCC goes to be having a hearing October 3rd in Los Angeles. Generally, on a prime loan, the only purpose youâd pay factors is if youâre going to purchase your price down. And we want to go on on that situation with this subsequent clip that explores Jack Abramoffâs scheme to shake down the Coushatta Indian tribe of Louisiana. Theyâll put one entity down on the discover of intent to foreclose as a secured get together. JUAN GONZALEZ: And youâre saying that the churches have been getting, in essence, a finderâs price for 0 for each certainly one of their church members who ended up getting a mortgage?
They might, like, have been appreciating your tradition and your tradition and saying that youâre doing a great job to your people and the whole lot. You realize, youâre trusting your mortgage broker. Youâre trusting the financial institution. There are over seven-hundred public curiosity organizations, conservatives and liberals, that have formed a coalition to attempt to guantee that when Congress comes bank in the lame duck session after the elections, they cannot in the middle of the night, behind closed doorways, succeed with their goals. He was defeated by Christian and conservative conservatives who were aghast at what they were studying about Reedâs role in all of this. The wackos get their info from the Christian proper, Christian radio, the internet, and telephone timber. The third documentary, which airs on October the 18th, could well be the most important of the three, because itâs been the least reported within the mainstream media, and that is a have a look at how the large telecommunications industry is trying to essentially get control of the content material of the web, not just the pipes themselves, they usually wish to impose toll booths on the information superhighway in order that only the people - that the individuals who pay essentially the most will get forward of the road.
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