Dear Jim,

Here it is! I couldn’t be more pleased!

BREAKING NEWS:  Judge Keith C. Long of the Massachusetts Land Court, Department of the Trial Court has just issued one of the most important decisions to come out of a court – any court – with respect to residential mortgage foreclosures.

Click here to view the judgment…

Judge Long has just reaffirmed his March 26, 2009 decision in which he overturned two out of three foreclosures brought by Trustees of securitization trusts.

The first half of his decision recounts the history of these cases and ratifies his statements of fact and conclusions of law.  The second half, beginning on page 11, goes even further and discusses the “securitization paradigm” that I placed squarely before the Court on April 17^th when I filed a Motion to Intervene In the Public Interest and submitted the first of two expert reports laying out the fatal flaws that permanently impair these securitizations.

The importance of this decision cannot be overstated.  This is monumental and it provides a roadmap – MY ROADMAP – for challenging standing and “real party in interest” rights as well as establishing how the Notes and Mortgages have been bifurcated through the securitization of residential mortgage transactions over the last decade.

THIS DECISION HAS DIRECT AND POSITIVE IMPLICATIONS FOR VIRTUALLY EVERY HOMEOWNER FACING FORECLOSURE BY A TRUSTEE OF A SECURITIZED TRUST.

Publicity regarding this decision, and my seminal role in articulately presenting these issues before the Massachusetts Land Court, is about to take the national stage.

CIGA Marie

Marie McDonnell
Truth In Lending Audit & Recovery Services, LLC
Mortgage Fraud and Forensic Analysts
Marie.McDonnell@truthinlending.net

30 Main Street, Rear
P.O. Box 2760
Orleans, MA 02653
Tel. (508) 255-8829
Cell (508) 292-5555
Fax (508) 255-9626

Dan,

The great sense of humor is running wild in your commentary.  All that and no Barney Fank or Kung Fu references?  As always you are right on.  Your charts are almost as nice as mine, though I like my grey backgrounds! So calming, so Microsoft excel default look.  You do know that the equity pumpers out there would say that comparing the Dow to gold is not fair because equities also pay dividends? Get out the microscope and look, they still pay dividends. Pulling out one of my old grey charts, and oops, it really doesn’t matter.

Your comment about the return of stagflation is right.  Small cap stocks are still the most sensitive/adaptive to inflation.  Looks like a repeat of the 70’s to me.  If you have to throw money at equities, small caps always hang in there much better.

CIGA Eric

Click chart to enlarge in PDF format

Gold (GLD ETF)
By Eric 10/15/09

Figure 1 shows that Gold (GLD ETF) volume has expanded at the consolidation and all-time high breakouts.  This suggests that force within the trend is expanding.  This is very bullish.

Click chart to enlarge in PDF format

Jim,

Markets are moving very similar to the 1930-1950s. Timing is slightly off, but the pattern matches. Up, down, up, down, up, down. Few realize that the 2000 nominal highs will not be eclipsed until 2020-2025.  The real highs will take even longer.

CIGA Eric

Click chart to enlarge in PDF format

Jim,

"Economist Peter Bernholz is an expert on the subject of national hyperinflations. He has studied all the major cases of hyperinflation since 1980. His conclusion: The tipping point occurs when a government’s deficit exceeds 40% of its expenditures.

Guess what? The U.S. will hit the 40% mark in 2009"

http://www.bearishnews.com/post/2420

Best regards,
CIGA Christopher