Journalism

Some judges defending homeowners in foreclosure

Submitted: Oct 21, 2009
By: 
Badlands Journal editorial board

10-21-09

CounterPunch.com

New Shockwaves From Courts and Accounting Board
The Next Financial Crisis Hits Wall Street, as Judges Start Nixing Foreclosures ... Pam Martens

http/www.counterpunch.com

The financial tsunami unleashed by Wall Street’s esurient alchemy of spinning toxic home mortgages into triple-A bonds, a process known as securitization, has set off its second round of financial tremors.

After leaving mortgage investors, bank shareholders, and pension fiduciaries awash in losses and a large chunk of Wall Street feeding at the public trough, the full threat of this vast securitization machine and its unseen masters who push the levers behind a tightly drawn curtain is playing out in courtrooms across America.

Three plain talking judges, in state courts in Massachusetts and Kansas, and a Federal Court in Ohio, have drilled down to the “straw man” aspect of securitization. The judges’ decisions have raised serious questions as to the legality of hundreds of thousands of foreclosures that have transpired as well as the legal standing of the subsequent purchasers of those homes, who are more and more frequently the Wall Street banks themselves.

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The World according to Modesto

Submitted: Oct 04, 2009
By: 
Badlands Journal editorial board

We have no appreciation for the Hun, our governor. We think he is a public embarrassment. But, in terms of the time-honored political phrase – the people get the government they deserve – the Hun is a tribute to the political idiocy of the California population, composed of people who all think state history began when they got here, either is immigrants from the US and elsewhere, or as babies.

 

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Response to a Sun-Star editorial

Submitted: Sep 30, 2009
By: 
Bill Hatch

 

Merced Sun-Star Executive Editor Mike Tharp flew part of the Westside in a private plane with a realtor/Westside rancher named Gail McCullough and came back with revelations. It reminded him of Iraq, where he seems to need to go, whenever the reality of Merced and the San Joaquin Valley overwhelm him, to find refreshment in the Pentagon propaganda mill. You can sugar-coat failure with belief but it is still failure, out there on the imperial frontier or here at home.

 

He begins by announcing, “We live in a desert,” then extends the sentence to include everyone in California. But, I didn’t imagine dry-farming orchards on the coast for a decade. Tharp must be writing about Los Angeles.

 

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After all the crap, some real numbers

Submitted: Sep 22, 2009
By: 
Badlands Journal editorial board

In a February letter to President Obama, Rep. Devin Nunes, R-Visalia, claimed, as he did in many other venues: "A simple measure that would save up to 80,000 jobs (in the lower San Joaquin Valley) would be to relax restrictions on pumping facilities in the Sacramento-San Joaquin Rivers Delta that have caused the regulatory drought that my constituents are experiencing."

In January, the state Farm Bureau reported that, "UC Davis agricultural economist Richard Howitt that the drought would cause a lost of "40,000 jobs, and these are job losses for those who can least afford them in the valley's small, rural towns."

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California truth squad counters Sean Hannity's lies

Submitted: Sep 22, 2009
By: 
Badlands Journal editorial board
Indybay
Californians React to Sean Hannity's Misinformation on Water Crisis...Ryan Schwartz ( hummingbirdpr [at] gmail.com )...9-17-09
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William Trombley, a great journalist – 1929-2009

Submitted: Sep 20, 2009
By: 
Badlands Journal editorial board

We met William Trombley when the University of California, local politicians, landowners and other real estate interests, were in the process wholesale corruption of local, state and federal environmental law and regulation and the laws and regulations of public process. Trombley was always fair, his questions were informed, he followed research leads to accurate conclusions, reflected below in three articles he did on the siting and budget approvals of UC Merced.

He was the acknowledged national dean of education journalists, a reporter who had covered the University of California from the time of Mario Savio and Clark Kerr to UC Merced.

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Hedges on "objective" journalism

Submitted: Aug 16, 2009
By: 
Badlands Journal editorial board

8-13-09

Truthdig.com
Chris Hedges on Alex S. Jones’ ‘Losing the News’
http://www.truthdig.com/arts_culture/item/20090813_chris_hedges_on_alex_s_jones_losing_the_news/
Posted on Aug 13, 2009
By Chris Hedges

I have spent most of my life locked in the embrace of two of the most sanctimonious institutions in America—the church and the press. They each bow down before their self-created holy creeds, never tire of trumpeting their supposed virtues, which they hold up as the highest good, and are blind to their glaring inadequacies and mounting irrelevance. They are also, in a time of seismic cultural change, dying.

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Latest in California water scams, shenanigans and boondoggles

Submitted: Aug 05, 2009
By: 
Badlands Journal editorial board

We invite you to join us in enjoying the fine journalism of the two best water writers in the state, Lloyd Carter and Dan Bacher, whose courageous writing is animated by the idea that people, wildlife and fish species, and natural resources matter and that California should not be ruled absolutely by finance, insurance and real estate special interests.

 

Badlands Journal editorial board

 

 

7-30-09

lloydgcarter.com

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Racism in Atwater City Hall

Submitted: Aug 03, 2009
By: 
Bill Hatch

 

The Merced Sun-Star recently reported on a number of pornographic racist emails being channeled through an Atwater City Hall computer server by Councilman Gary Frago. Last week, Atwater City Council held a hearing on the issue at the community center. About 300 people showed up.

 

To remove any suspense from this report, after hearing the testimony of 58 members of the public and oratory from four council members, the council voted unanimously (Frago not permitted to vote) 4-0, to direct staff to draft a letter of reprimand to Frago..

 

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Frago and the law

Submitted: Jul 24, 2009
By: 
Badlands Journal editorial board

7-22-09

Merced Sun-Star

http://www.mercedsunstar.com/177/story/963037.html

Letter: Patience is needed

Editor: Gary Frago made a mistake. He has admitted it and has apologized for it. Like others, I was surprised and disappointed. From serious eye-opening experiences like this, humble people can learn and grow from them.

Give Gary Frago a chance to address the issue from all angles, spiritual included. Elections are the time to select our City Council persons.

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