20 Year Old Charged for 7 Felony Counts of Fraud
In the late spring of 2006 a elderly homeowner began receiving mortgage delinquency notices on a 2nd mortgage he never knew existed. This homeowner, Mr. Gamble, was facing Foreclosure on a 2nd mortgage he did not sign for.
Fearing the worst, Mr. Gamble approached the police with this information and they launched an investigation. After 6 months of investigation it was discovered that Venice Jaymes Gamble, II, age 20, Mr. Gamble’s grandson, had committed 7 counts of fraud and identity theft amounting in a total loss of $230,000.
Luckily, after discovering that his grandson had committed this fraud, Mr. Gamble was able to retain his home and stop the Foreclosure process. During this investigation it was also discovered that this young Vincent Gamble had not only taken out a $125,000 2nd mortgage but received several credit cards and purchased 3 vehicles using his Grandfather’s identity.
Vincent Jaymes Gamble, II faces a possible 10 years in prison if convicted on all counts of fraud. May justice ring true!
Katheryn Shields and Four Others Pleaded Not Guilty Today
Katheryn Shields, a Kansas City candidate for mayor, plead not guilty along with her husband and four other defendants. Katheryn Shields and her husband, Philip Cardarella, were among 9 other defendants charged with mortgage fraud in the sale of Shields’ Loose Park area.
Alan Greenspan to Blame for Rise in Foreclosures
In an article written by Mike Whitney, he says, “The crisis is entirely the work of Fed Chairman, Alan Greenspan, whose “cheap money” policy caused a speculative frenzy in the real estate market which sent home prices through the stratosphere. In fact, the bubble originated in 2001 when Greenspan lowered interest rates to a meager 1%and ignited a refinancing boom as well as a sudden up-tick in home sales. Now, after 17 straight interest rate increases, the bubble is quickly losing steam and the effects are being felt from sea to shining sea.”
So is there an end to this housing crisis? According to experts the economy is going to take a huge blow in the latter part of 2007. With over $1 trillion in ARM’s (Adjustable Rate Mortgages) adjusting in the 3rd and 4th quarter of 2007 it is expected that the US economy will be riddled with foreclosures and the economy will enter a recession.
This all started when interest rates were lowered to a tempting 1% encouraged by our very own Mr. Alan Greenspan. This was a foolish attempt to keep the economy somewhat alive and give the appearances of growth and normalcy. All the while he was encouraging creative financing by lenders which brought us to the here and now. In cities across America we are seeing record increases in Foreclosure rates every month. Some of the highest increases in foreclosures in 30 years were seen last year and it’s predicted to only get worse in the years to come. In reality this will result in over 10 million foreclosures before we see our way out of this.
Ok now I am asking for everyone’s feedback on this one. I was up late last night writing the post on the Amero and our US economy. When I got out of bed this morning it hit me like a freight train. Has all of this been laid out to lead us to a “New World Order” as it is called? If you look at this situation from the angle the government wants you to see, than all of this is being done to “protect” the American Economy and thus the American people.
But here is another angle. If their goal is to create a world government than we are headed there faster than some may think. Let’s point out a couple of things. First let me state that my knowledge in this area is not what it should be. A friend recently turned me on to some truth sites and I have been doing my homework. If I need to be corrected please post a comment.
Okay, that being said, let’s highlight some things here:
- A law or clause was written some years ago that if the US fell under terrorist attack that resulted in “X” amount of deaths and 90 days later a follow up attack was made than the government, our US government, could begin to strip away our Constitutional Rights” under the guise that they were acting in our best interest for protection. (Exactly what has happened since 9/11)
- Laws have been put into place or will be that will require us to write a letter to homeland ASKING FOR PERMISSION to leave the country for a vacation.
- Additional resources lead me to believe that in 2008 we will need a PASSPORT to travel from STATE TO STATE by airplane.
- Chips are being placed in our passports and will be placed in the new “National ID” card. (Hackers have already developed hardware that can read these chips)
- IBM has already created a chip that can be placed under the skin of the human body supposedly without adverse affects. (Isn’t this a bit premature???)
- Foreclosure rates are rising so high that by the year 2008 approximately 35% of Americans that were previously homeowners will be renting rather than owning. (Forgive me but this looks like the “American Dream” is fading here)
- The dollar, Oh the American Dollar! The dollar is losing value and is set to crash and burn. (So now we have to combine our assets with Mexico and Canada creating the “Amero” to make it appear as though we still have some $$)
- We are spending billions of dollars on a war that should have been over by now.
- Homeless rates are rising to epidemic proportions.
- We are forming the “North American Union” (Does this mean we will no longer be called the U.S.A.?)
Now there is more but these are just some key points. Given all this information that is readily available to the American public why are we not kicking and screaming? Since when did Americans just take their rights and hand them over without a fight? Hello My Fellow Americans!! Over Here! We still have some fight in us and lots of it. So why are we buying all this crap? Why are we not coming together as a nation now? We come together as a nation when we need protection or when we experience tragedy. So what’s different here?
America is slowly slipping through your hands and unless you read between the lines you will be standing in line to get your chip implanted. NO Way I am going to put a chip in my little girl that can be hacked by some pervert. How safe will we be then? Challenging isn’t it.
Now on the other side of this I feel stuck myself. I have children and I don’t want to “make waves” that may come crashing down on them. But at the same time I certainly don’t want them to live without the Freedom that our founding fathers fought so hard to implement and protect for so many years. This is still MY AMERICA and it’s Yours TOO! Fight for it!
Keep in mind that I am only stating my opinion and welcome your feedback! Just remember I can’t respect your opinion if you don’t respect mine. Besides in MY America Freedom of Speech is still allowed.
