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OUT OF MIND » THE INSANITY OF REALITY » GLOBAL FINANCIAL COLLAPSE » Spire Law Group’s Mass Torte Lawsuit Seeks $43 Trillion from Banks – Former AG Says it’s a FRAUD

Spire Law Group’s Mass Torte Lawsuit Seeks $43 Trillion from Banks – Former AG Says it’s a FRAUD

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Former Attorney General Says $43 Trillion Lawsuit from Spire Law Group is a Fraud

Spire Law Group’s Mass Torte Lawsuit Seeks $43 Trillion from Banks – Former AG Says it’s a FRAUD

Yesterday, the PR Wire was set ablaze by a press release issued by
Spire Law Group, announcing their filing of a lawsuit seeking $43
trillion in damages on behalf of a long list of homeowners… and it would
appear, the United States Treasury itself. It appears to be yet
another lawsuit being marketed to homeowners all over the country as a
way to get some justice for the economic catastrophe in large part
caused by Wall Street bankers operating in a largely deregulated

Spire Law Group’s Mass Torte Lawsuit Seeks $43 Trillion from Banks – Former AG Says it’s a FRAUD Images-4 They call it a “mass torte,” but it can also go by the name “mass joinder,” or “multi-plaintif,”
or whatever other term d’art it might be using tomorrow, but no matter
what it’s called, the person calling to tell you about it will say that
it’s your chance to make Wall Street pay for their crimes. And the best
part is that it only costs a few thousand bucks… and I mean, what’s a
few grand when you’re going to be a part of bringing the banksters to
their knees? A pittance, I tell you… a mere pittance!

There might even be financing available, and who knows… maybe even
layaway. I’m betting they even take credit cards, which if they do is
hysterical as it means that some entity like Citibank is getting 2-3% of
this deal.

Is this lawsuit for real? Is there really a chance that a court will entertain a claim for $43 trillion in damages?

According to the release…

“In connection
with the federal lawsuit now impending in the United States District
Court in Brooklyn, New York (Case No. 12-cv-04269-JBW-RML) – involving,
among other things, a request that the District Court enjoin all
mortgage foreclosures by the Banksters nationwide, unless and until the
entire $43 trillion is repaid to a court-appointed receiver – Plaintiffs
now establish the location of the $43 trillion ($43,000,000,000,000.00)
of laundered money in a racketeering enterprise participated in by the
following individuals (without limitation)…”
… and then it lists everyone they say is responsible, including…

General Holder, Assistant Attorney General Tony West, California
Attorney General Kamala Harris, Jon Corzine (former New Jersey
Governor), Robert Rubin (former Treasury Secretary and Bankster),
Timothy Geitner, Treasury Secretary, Vikram Pandit (recently resigned
and disgraced Chairman of the Board of Citigroup), Valerie Jarrett (a
Senior White House Advisor), Anita Dunn (a former “communications
director” for the Obama Administration), Robert Bauer (husband of Anita
Dunn and Chief Legal Counsel for the Obama Re-election Campaign), as
well as the “Banksters” themselves, and their affiliates and conduits.
It then goes on to say…

“The lawsuit alleges serial violations of the
United States Patriot Act, the Policy of Embargo Against Iran and
Countries Hostile to the Foreign Policy of the United States, and the
Racketeer Influenced and Corrupt Organizations Act (commonly known as
the RICO statute) and other State and Federal laws.”
So, the suit has been filed on behalf
of home owner across the Country and New York taxpayers, and it is now
expanding into federal court in Brooklyn, New York, seeking to
all foreclosures nationwide pending the return of the $43 trillion
($43,000,000,000.00) by the “Banksters” and their co-conspirators.”

Come on…
seriously? Am I the only one wondering where are the 14 year-old boys
responsible for writing this complaint? It’s time to go home, your
mothers are calling you and they sound mad.

Now, I’m no lawyer, thank the Lord… but
if you ask me, the whole thing sounds like a plot straight out of an
Austin Powers movie, does it not? Stop all foreclosures until you
return the $43 trillion you stole? Do you suppose these guys are
expecting the following in response…

“Okay, you caught us. Here’s the darn $43 trillion. Now can we please start foreclosing again? Pleeeeaaase?”
Does the world even have $43 trillion in currency? What would it
look like? Well, here’s what a million dollars would look like,
courtesy of the site, www.pagetutor.com
Spire Law Group’s Mass Torte Lawsuit Seeks $43 Trillion from Banks – Former AG Says it’s a FRAUD Pallet-300x191
And here’s what a billion dollars would look like…

Spire Law Group’s Mass Torte Lawsuit Seeks $43 Trillion from Banks – Former AG Says it’s a FRAUD Pallet_x_10-300x144

Are you ready? Want to see what one trillion dollars would look like? It’s one million million. Here you go…

Spire Law Group’s Mass Torte Lawsuit Seeks $43 Trillion from Banks – Former AG Says it’s a FRAUD Pallet_x_10000-300x133
And just in case you can’t see it close enough, those pallets are double stacked.

So, this lawsuit says all foreclosures must stop until 43 times that
amount of money is returned? Well, alrighty then, but I think you’re
going to need a bigger boat… as in, I don’t know how many aircraft
carriers. Like, could the entire U.S. Navy even ship that amount of
money back from wherever it is now?

And that’s another question I have about this amount of money… where
is it exactly? In the banks? Not a chance. In terms of physical
currency, according to www.visual economics.com,
the U.S. only has about $853 billion … that’s a far cry from $43
trillion. Oh well… maybe these lawyers are okay with the banksters
paying by check.

It occurs to me that $43 trillion sounds like more than you’d be able
to sue Adolf Hitler for if trying to get compensation for WWII. I
mean, 6 million Jews were killed during WWII, and I don’t know how much
the average Jew is going for these days, but even if you got a million a
piece you’d only get $6 trillion.

And how did they arrive at $43 trillion… forty-three? I understand
rounding it off to the nearest trillion, but why not call it forty
trillion and leave it at that?

And that’s not all, folks…

That’s not even all the lawsuit is seeking. The plaintiffs also want an audit of the Federal Reserve and “audits
of all the bailout programs by an independent receiver such as Neil
Barofsky, former Inspector General of the TARP program who has stated
that none of the TARP money and other ‘bailout money’ advanced from the
Treasury has ever been repaid…”

So, since I know Neil personally, I sent him an email to see if he
knew anything about the lawsuit and whether he would be interested in
taking the job as “independent receiver.” I also wanted to make sure he
actually said that “none of the TARP money and other bailout money,”
was ever repaid… because I didn’t think he had said that. I read his
book twice and listened to it two more times on my iPod, and I couldn’t
remember him saying that. Here’s Neil’s response… and I’m quoting him

“Ugh. I hadn’t seen this, and no, I never said that. As for the job, been there, done that!”

LOL… he’s funny for a Special Inspector General, don’t you think?
But, I think his response makes his position on this topic quite clear.
He had me at “Ugh.”

And because I’m not an attorney, I also emailed out a copy of the
complaint to roughly 30 of the top consumer law and foreclosure defense
attorneys around the country asking for their takes on the lawsuit.
After a couple of hours passed, I emailed one of the lawyers, Nathan
Fransen of Corona, California, a second time to ask if he had anything I
could include in this article. He replied…

“Not yet… I’m struggling
to find the proper synonym for ‘blood-sucking parasite with almost
enough legal acumen to fill out a form at the DMV.’”

Alabama foreclosure defense lawyer Nick Wooten also weighed in almost immediately…

“The press release is sufficient to scare me away with hair on fire. Looks like some Neil Garfield types ruining amok right up to the sanctions hearing…”

Nick has a way with words, I’ve always thought.

Phillip Swagel was the Chief Economist at the U.S. Department of the
Treasury under Treasury Secretary Hank Paulson, during the last two
years of the Bush Administration. I sent him an email also to get his
take… he said:

$43 trillion. Hard to take this seriously!

Florida foreclosure defense attorney, Matt Weidner also had more than a few words to say about this lawsuit…

“Attorneys that
represent consumers and families in crisis have a heightened ethical
and moral responsibility to ensure they are serving the interests of
those individual clients above all else. My examination of the Abeel
lawsuit convinces me that the interests of these very vulnerable
consumers are not being served and that many will indeed find themselves
in demonstrably more compromised positions because, by engaging in the
pursuit articulated in this lawsuit, they will not be protected where
they need to be…in their own individual cases.

As an attorney and as a
member of the larger community of Americans dedicated to finding real
solutions to the difficult legal, financial and societal conflicts we
face in this nation, I call upon our state Attorneys General and the
federal judge charged with adjudicating this case to expeditiously
review the claims and the issues framed in this complaint, give the
parties who are prosecuting this case the opportunity to explain their
claims…then immediately issue opinions and take action to sanction those
responsible when it is determined that the pursuit of this action
causes harm to consumers.”

But I still wanted more. This lawsuit is being marketed in Ohio, so I
figured who better than Ohio’s former Attorney General Marc Dann to
comment on the $43 trillion lawsuit. And you can hear what he had to
say in just 10 minutes on this Mandelman Matters Special Report Podcast…
Click play and make sure your speakers are turned up…

(“Monkeys will fly out of my ass
if this suit doesn’t get dismissed…” Phill Swagel said: “Monkeys! Now
that’s a great quote. I can’t compete with that.” I agree Phill, I
completely agree!)

Just so everyone is aware, “Spire Law Group,” is a name change from
the firm, “Mitchell J. Stein & Associates,” a California law firm
that was shut down by California’s Attorney General in conjunction with
the California Department of Justice and the State Bar of California.
Here’s what is says on Stein’s Website:

“As of April
2012, the California Secretary of State and the California State Bar,
ratified and approved the name change of Mitchell J. Stein &
Associates LLP to Spire Law Group, LLP The firm is now known as Spire
Law Group LLP.”

The same site also verifies, or rather boasts, that Stein is behind this $43 trillion extravaganza…

The firm (Spire/Stein) has
now – in April 2012 – filed suit in New York against thousands of
offshore entities formed since 2009 to launder home owners’ money for
federally chartered bank servicers. If you own a home in the U.S. and
took out a loan between 2003 and today, the laundered money likely
includes your money, as to which you may have rights to damages and
injunctive relief.”

Oh dear God… they’ve got my money laundered offshore? That would
really be something considering that I never had any money to begin
with. How much could they possibly have gotten from me? And why bother
laundering it? I sure hope they had it pressed and folded too, I hate
wrinkled bills don’t you? Okay, so bring on the injunctive relief.

How much should I write the check for in order to get my laundered
money back? Make it out to Spire Law Group? Or should I save some time
and just write it to: www.Money-I-Set-on-fire.com? No problem. It’s
in the mail, pal. Thanks for letting me know about the scheme to launder
the money I never had.

Stein, among others, was accused of “fraudulently
taking millions of dollars from thousands of homeowners who were led to
believe they would receive relief on their mortgages.”

From the CA AG’s Press Release of August 2011…

“The State Bar has seized the practices and attorney accounts of the attorney defendants:
The Law Offices of Kramer & Kaslow; Philip Kramer, Esq; Mitchell
J. Stein & Associates; Mitchell Stein, Esq.; Christopher Van Son,
Esq.; Mesa Law Group Corp.; and Paul Petersen, Esq.”

In that release, California Attorney General Harris said…

“The defendants
in this case fraudulently promised to win prompt mortgage relief for
millions of vulnerable homeowners across the country,’ said Attorney
General Harris. ‘Innocent people, already battered by the housing
crisis, were targeted for fraud in their moment of distress.’

And here’s the transcript of the proceedings in California… Stein’s testimony is worth the price of admission…

The People of California v. (Mitchell J. Stein, The Law Offices of Mitchell J. Stein) and Other Defendants

Hat tip to two readers Toni and Julie…

From Spire’s website:
“Spire Law Group, LLP, California State Bar Registration Number
54393, is a national law firm with lawyers across the country, whose
backgrounds include the historical provision of legal services to some
of the world’s largest international corporations, as well as to some of
the Country’s most important governmental and regulatory agencies.”

From State Bar website:
Marjorie Ellen Reed – #54393
4/18/1999 Resigned
12/31/1997 Inactive
12/14/1972 Admitted to The State Bar of California

And finally, there is NO Spire Law Group LLP registered with the
California Secretary of State… NO corporate registration either. And as
Julie points out, the Spire site lists no attorneys/addresses in other

Me thinks the gig is up…


Spire Law Group’s Mass Torte Lawsuit Seeks $43 Trillion from Banks – Former AG Says it’s a FRAUD Images-5

In large organizations it’s well understood that when information and communication is lacking, the following occurs…

  • In the absence of information, rumors spread.
  • When rumors spread, morale begins to plummet.
  • Resentments form based on false information.
  • Creates uncertainty that leads to stress and conflict.
  • Harms teamwork, creates factions.

If you’re not already seeing these effects in our society, then
you’re not looking closely enough. And the problem with these things
taking hold is that they only make it that much harder on those
struggling to get through the crisis.

The fact that many are happy about this suit being filed is a
reflection of a society that has lived thorough such a terrible time,
and seen things happen that were so hard to believe, that many no longer
know what to believe. I don’t know how we’ll make it through the next
3-4 years as another 4 million American homeowners face the horror of
losing their homes to foreclosure, but I fear that this crisis is
cutting scars in the fabric of this nation that will be visible for
decades to come.
And for that, I have only tears…

Mandelman out…
Lawsuit Seeks $43 Trillion From Banks


Posted by


10/29/2012 07:27:00 PM

Thanks to: http://www.ascensionwithearth.com


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