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The proposed Obama Administration settlement for mortgage lenders that engaged in widespread foreclosure abuses is a weak slap on the wrist for banks according to consumer advocates and liberal activists. The Young Turks host Cenk Uygur explains. www.washingtonpost.com Feds Won't Prosecute Banks Despite Evidence Of Crimes: www.youtube.com Subscribe to The Young Turks: bit.ly Find out how to watch The Young Turks on Current by clicking here: www.current.com The Largest Online New Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com

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Bank Of America has agreed on a $335 million dollar settlement after claims that it's Countrywide Financial unit gave higher interest rate loans to black and Latino borrowers regardless of their credit score. The Young Turks host Cenk Uygur breaks it down. www.nytimes.com Subscribe to The Young Turks: bit.ly Download the politics or entertainment hour of this TYT episode: goo.gl The Largest Online New Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com

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Is the $25-billion mortgage fraud settlement involving five large banks a good deal for most Americans? The Young Turks host Cenk Uygur explains why the deal is great for banks but terrible for you. www.latimes.com www.dailykos.com www.alternet.org Subscribe to The Young Turks: bit.ly Find out how to watch The Young Turks on Current by clicking here: www.current.com The Largest Online New Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com

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US Attorney General Eric Holder, Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, Iowa Attorney General Tom Miller and Colorado Attorney General John W. Suthers announced today that the federal government and 49 state attorneys general have reached a landmark $25 billion agreement with the nation?s five largest mortgage servicers to address mortgage loan servicing and foreclosure abuses. The agreement provides substantial financial relief to homeowners and establishes significant new homeowner protections for the future. The unprecedented joint agreement is the largest federal-state civil settlement ever obtained and is the result of extensive investigations by federal agencies, including the Department of Justice, HUD and the HUD Office of the Inspector General (HUD-OIG), and state attorneys general and state banking regulators across the country. The joint federal-state group entered into the agreement with the nation?s five largest mortgage servicers: Bank of America Corporation, JPMorgan Chase Co., Wells Fargo Company, Citigroup Inc. and Ally Financial Inc. (formerly GMAC). About the agreement President Obama said "We have reached a landmark settlement with the nation?s largest banks that will speed relief to the hardest-hit homeowners, end some of the most abusive practices of the mortgage industry, and begin to turn the page on an era of recklessness that has left so much damage in its wake."

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The government announced a $26 billion settlement with banks over foreclosure abuse, while unveiling plans to use big banks over mortgage-related actions linked to the financial crisis. WSJ's David Reilly makes a stop on Mean Street to sort out the details.

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Follow us @ twitter.com twitter.com Last month's proposed $25 billion mortgage settlement involving 49 states along with Bank of America, Wells Fargo, JPMorgan Chase, Citigroup and Ally Financial is a step closer to being official, reports Reuters, as Federal representatives ask a judge to approve it. Supporters claim this deal attempts to prevent the mortgage crisis from happening again, with banks agreeing to revamp loan modification procedures and abandon abusive practices such as robo-signing. But critics argue this is a case of a trend we've seen far too many times before: a settlement that's a good deal for the banks, where they admit no guilt, but a lousy deal for homeowners. Yves Smith is author of the popular blog Naked Capitalism and the book Econned. She's a critic and has followed this deal closely throughout the entire process and breaks down why this is the case and how this deal ended up with "a lot of garbage in it." Smith says banks are paying much less than $25 billion, there is no element of damages or notion of punishment, and the cash payments for people who lost their homes wrongfully is so trivial it's insulting.

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National mortgage settlement removes the foreclosure overhang, but is no panacea. Read More On Forbes: What's In Settlement?: onforb.es Impact On Banks: onforb.es MERS Lawsuit: onforb.es

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From the Majority Report, live MF 11:30am EST and via daily podcast at Majority.FM Looking deeper into the mortgage fraud settlement reveals just exactly what the banks get out of it...

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The President announces a landmark settlement between the government and the nation's largest banks that will speed relief to the hardest-hit homeowners, end some of the most abusive practices of the mortgage industry, and begin to turn the page on an era of recklessness that has left so much damage in its wake. February 9, 2012.

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December 21, 2011 PBS News Hour MOXNews.com

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democracynow.org - The US Justice Department has unveiled a record mortgage settlement with the nation's five largest banks to resolve claims over faulty foreclosures and mortgage practices that have indebted and displaced homeowners and sunk the nation's economy. While the deal is being described as a $25 billion settlement, the banks will only have to pay out a total of $5 billion in cash between them. We speak to one of the settlement's most prominent critics, Yves Smith, a longtime financial analyst who runs the popular finance website, "Naked Capitalism." "The settlement, on the surface, does look like it is helping homeowners," Smith says. "But in fact, the bigger part that most people don't recognize is the way it actually helps the banks with mortgages on their own books. ... The real problem is that this deal is just not going to give that much relief." Towatch the complete daily, independent news hour, read the transcript, download the podcast, and for the additional Democracy Now! reports about the US financial meltdown, visit www.democracynow.org FOLLOW DEMOCRACY NOW! ONLINE: Facebook: www.facebook.com Twitter: @democracynow Subscribe on YouTube: www.youtube.com Listen on SoundCloud: www.soundcloud.com Daily Email News Digest: www.democracynow.org Please consider supporting independent media by making a donation to Democracy Now! today, visit www.democracynow.org

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The Stench of Truth radio show airs every Friday 7-9PM Eastern time on: www.inceptionradionetwork.com and http www.platformforthefuture.com http www.tenebroust-populistpolitics.blogspot.com The Stench of Truth (493).mp4 Some background. It may seem like I focus on the republicans and the lunatic right a lot but I have and will continue to call out the democrats for their shill behavior. I was on Obama long before he was the democratic candidate in 2008. One need look at the campaign financing to see that both parties are paid by the same people. Look at Pelosi and Reid bith got big money from "healthcare industry" which is 99% health insurance companies that's why we have the mis-named "Affordable Care Act" or Obamacare which is a bailout of insurance companies which are wedded to the banks and deep in the fraud of derivatives and the mortgage fiasco. Under it you are forced to pay too much for a crappy policy that doesn't cover much. THE INSURANCE INDUSTRY IS THE BIGGEST COST FACTOR BY FAR IN THE WHOLE HEALTHCARE DEBATE. Get rid of them with single payer and you save hundreds of billions of dollars every year. Should the protesters be in Wall Street, Chicago, London to protest the banks or should they be protesting the FED? Wall Street and the banks of course. Why? Because how do you think it works? Do you think Ben and the boys call up JP Morgan and tell them what to do or is it the other way around? The banks are the problem. There is a multistate deal being floated <b>...</b>

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Recently, the federal government announced that they had reached a $25 billion dollar settlement with the nation's biggest banks to repay the victims of the mortgage industry's greed and corruption. These banks have swindled millions of Americans out of their homes, and until recently, had received little more than a slap on the wrist from federal regulators and investigators. But this new settlement isn't the cure-all for mortgage fraud, and Mike Papantonio spoke with attorney Peter Mougey recently about what this settlement actually means for the homeowners who were taken advantage of by our country's biggest banks.

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The weekly demonstration of Kfer Qaddum, a West bank village located East of Qalqiliya, on Friday,march 9, 2012. Kfer Qaddum started to organize regular demonstrations in July 2011 protesting against the blocking of the main road east of the village which used to linked it to Nablus. www.flickr.com

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Central Banks, like the Federal Reserve, answer to a Central, Central bank... the Bank of International Settlements.

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Israel is planning to build over a thousand new settlement homes in East Jerusalem and the West Bank. It's speeding up construction after Palestine won membership to the UN's heritage body in October. Palestinian leaders say peace negotiations are impossible without a settlement freeze. RT on Twitter: twitter.com RT on Facebook: www.facebook.com

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A devastating report by Reuters shows that the federal government is focusing on small scale swindlers while ignoring crimes by big banks despite a wealth of evidence against them. The Young Turks host Cenk Uygur breaks it down. www.huffingtonpost.com Subscribe to The Young Turks: bit.ly Download the politics or entertainment hour of this TYT episode: goo.gl Find out how to watch The Young Turks on Current by clicking here: www.current.com The Largest Online New Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com

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This video documents a dangerous and disheartening phenomenon in the Jordan Valley, that of children working in agricultural settlements. In addition to working in dangerous conditions, they receive little pay for long hours in agricultural fields. They harvest, pick, clean, and packing vegetables sold by Israeli settlers in European countries. This video talks with numerous child laborers, Palestinian village council leaders, parents, and a Palestinian Authority labor official.

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Via AmericaBlog: Campaign for a Fair Settlement, a liberal housing group which formed to pressure state Attorneys General like California's Kamala Harris to not agree to a bad robosigning settlement deal, has released a poll that paints a brutal picture of how voters in swing states view President Obama's handling of the housing crisis. The poll also shows that voters think the President hasn't done enough to hold banks accountable and that criminal behavior by Wall Street has driven the crisis. The poll surveyed independent likely voters in Pennsylvania, Florida, Arizona, Nevada and North Carolina, all of which are states which have been devastated by the foreclosure crisis...".* The Young Turks host Cenk Uygur breaks it down. *Read more from Matt Browner Hamlin: www.americablog.com Read Ari Berman's blog on Obama and Wall Street: www.thenation.com Subscribe to The Young Turks: bit.ly Find out how to watch The Young Turks on Current by clicking here: www.current.com The Largest Online New Show in the World. Facebook: www.facebook.com Twitter: twitter.com

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Join Missourians Organizing for Reform and Empowerment (MORE), the St. Louis Instead of War Coalition (IOW), Show Me No Hate, Transhaven, Literacy for Social Justice Teachers, Catholic Action Network (CAN), and other social justice organizations for the Peoples Settlement, a series of creative and peaceful direct action events buttressed by a five-night downtown encampment, designed to put our economy where it belongs—in the hands of the people. The Settlement will build off the popular anger over the lack of change, rightly portraying corporations as the major source of the obstruction. Our goal is to combine political theatre, willful direct action, and popular education with community building, undergirded by the will to generate an inclusive progressive movement in Saint Louis. Direct Action Events Include: a Break Up with Your Bank day, an action at Bank of America demanding an end to unjust foreclosures, a Public Schools bake sale, guerrilla street theater to raise awareness about LGBTQ discrimination in the health insurance market, a Saint Louis labor history tour and many more. The encampment in downtown Saint Louis will rotate between different corners of the City Garden and other green spaces at 8th and Market, which is across the street from the Bank of America and the Peabody Energy Headquarters. Our core of 25-35 campers will hold our territory, recruit passersby to get involved, and participate in movement-building and direct action activities themselves. We <b>...</b>

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Palestinians in the West Bank stand by and watch as Jewish settlers continue to claim land rights and demolish their property, leaving some homeless and without better prospects and diminishing chances of peace between both sides. Palestinians say the land is privately owned but Israeli settlement plans have exposed the deep division between the two sides. The community of Bani Nuaim which houses around 30 families is serene and families continue to go on with their everyday lives. Palestinians say this land was theirs and has been taken from them illegally. "Each morning when I come to this place, really I start crying. It's my land for many many years and that I know of my family owned this land maybe three or four hundred years ago. And suddenly, almost twenty years ago now, we can't even get close to the land," said Harbi Ibrahim Mustafa Hasan, one of the land owners. Hasan, along with other private owners like him, took their case to Israel's High Court. A ruling in their favor called for the settlers to vacate by May 1 and their homes to be destroyed -- but the settlers appealed. "Demolishing the homes is not justice. If justice were to be done, then the Supreme court will wait until the case finishes in the district court and the case is decided based on proof and evidence and not on hearsay," said Judy Simon, settler. According to analysts the Israeli government is pressuring the court into stalling the case so that new laws can be formulated to enable the <b>...</b>

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Follow Max Keiser on Twitter: twitter.com Watch the full Keiser Report E256 on Thursday. In this episode, Max Keiser and co-host, Stacy Herbert, discuss pirating Repo Man and jack-booted accountants here to help you. In the second half of the show, Max talks to JS Kim of SmartKnowledgeU.com about silver, gold and market manipulation. KR on FB: www.facebook.com

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March 15 (Bloomberg Law) -- The $25 billion mortgage settlement between lenders and state attorneys general won't help nearly as many people as its touted to, Neil Barofsky, the former Special US Treasury Department Inspector General for the Troubled Asset Relief Program (TARP), tells Bloomberg Law's Lee Pacchia. He's joined by Matthew Stoller, a fellow at the Roosevelt Insitute, who says the government and banks delayed filing details of the settlement to give investors less time to challenge the deal in court.

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For all things "The Stench of Truth" please check out my website: www.thestenchoftruth.com Links to my radio show at Inception Radio Network, my blogs, original material, listen to some archived radio right at the site as well as links to my Facebook and more. The Stench of Truth (534).mp4 How can I even describe the absolute ludicrous nature of the sick joke of a mortgage fraud settlement that is valued at 25 Billion dollars that does not even equal the amount of bailout money that Bank of America got. And that amount does not even take into consideration the FED loans they got for nothing. This is a disgusting sick joke. How about all the people out of a home? God help us from such insanity.

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Recently the states agreed to a deal with attorney general to settle with the big banks for $25 billion. So millions of homeowners had their homes stolen, but they get a whopping $2000 in return! Talk about a sweet deal... [LeeCamp.net]

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Israel has refused to co-operate with the UN's fact-finding mission, expected to investigate Israeli settlements in the West Bank. It comes after the organization authorized the probe on Thursday. As RT's Paula Slier reports, Israel shows little sign of stopping its policy of expansion in the area. RT on Twitter twitter.com RT on Facebook www.facebook.com

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Wisconsin Governor Scott Walker is taking the money from the mortgage settlement and instead of giving it to homeowners is redirecting the money toward the state deficit. Cenk Uygur discusses why Governor Walker would do that and why it's so hypocritical. Subscribe to The Young Turks: bit.ly Find out how to watch The Young Turks on Current by clicking here: www.current.com The Largest Online New Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com

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המנהל האזרחי מתכנן לגרש בקרוב כ-27000 בדואים הגרים בשטחי C בגדה המערבית. בשלב הראשון מתכנן המנהל לכפות על כ-2300 איש לעבור לגור סמוך למזבלת אבו דיס, מזרחית לירושלים. אנשי קהילת ח'אן אל-אחמר מתארים בסרטון את משמעות התוכנית עבורם. Israel's Civil Administration is planning to relocate some 27000 Bedouins living in Area C in the West Bank. At first, some 2300 people will be expelled from their homes near the Ma'ale Adummim settlement and relocated to a site next to the Abu Dis garbage dump, east of Jerusalem. Members of the Khan al-Ahmar community explain how the move will affect them.

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Just a day after promising to be a partner for peace with the Palestinians, Binyamin Netanyahu, Israel's prime minister-designate, appears to be preparing to build Israeli settlements on more West Bank land. Israeli media is reporting that Netanyahu has struck a secret deal with his coaltion partner - the far right Yisrael Beiteinu party - to build more settlements. Al Jazeera's Ayman Mohyeldin reports from the occupied West Bank area of E1.

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$26 billion dollar settlement reached between 49 states, government authorities, and the 5 biggest banks. But this $26 billion won't go too far in helping the millions of Americans that need it. But what is $26 billion to the banks? Is this even a punishment? Richard Eskow, senior fellow with Campaign For America's Future.

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Israel has approved the building of thousands of new settlements in a dusputed area in East Jerusalem creating tension with Palestinians. Peace talks between the two sides have been deadlocked by the construction of Jewish homes in the West Bank. And as analyst Gershon Baskin told RT, the latest announcement is yet another step away from a compromise. RT on Twitter: twitter.com RT on Facebook: www.facebook.com

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January 20, 2012 Six weeks since Mustafa Tamimi was shot and killed by an Israeli soldier, Nabi Saleh village held its weekly demonstration in Mustafa's memory. This week protesters marched towards the village's hilltops, overlooking the spring taken by Halamish settlers. Once on the first hilltop, tear gas canisters were shot at the peaceful procession. Since the wind carried the gas back to the soldiers, protesters kept marching on the hilltops, until they were close to the other Palestinian village that Halamish settlement has grabbed land from - Deir Nidham. At this stage Israeli soldiers already managed to climb up the next hilltop. They then shot tear gas canisters directly at protesters. A medic was hit in the thigh by two consecutive tear gas canisters. His friends rushed to help him keep up with the procession, which was going back to the village. Even then, Israeli soldiers kept shooting tear gas at the protesters. Tear gas was also shot in the village's populated areas at times during the demo, and at one time soldiers entered the village's street and kept shooting at protesters and houses. Later on some youths threw stones there to ward off this incursion. As is traditionally the case in Nabi Saleh, the demonstration kept for a few hours. The Israeli forces used the "skunk" foul-water cannon, tear gas machine that shots dozens of canisters at once and rubber-coated steel bullets. At least two more protesters were injured Noticed to the soldier (min 6:38). He <b>...</b>

An Nabi Saleh West bank Palestine Anarchists Against wall Israel colonialism. Settlements settlers apartheid racism zionism IDF ISM

democracynow.org - Investigative journalists Greg Palast and Antonia Juhasz examine who wins and who loses in BP's settlement. "[BP's] basically being told, like a bank robber -- you put the money back and everything will be forgiven," says Palast, who also investigated the Exxon Valdez settlement. Meanwhile, state and federal governments are still pursuing separate civil claims against BP for environmental damage. "That's when we're going to hopefully uncover those 72-million pages of investigation that will include wrong doing not just by BP, not just by Transocean, not just by Halliburton, but by every major oil company involved offshore, and very likely based on my research, wrongdoing by the Obama administration," says Juhasz. "It is a desire to keep that out of the public that has pushed the settlement process forward." We also speak with Florida State University Oceanography Professor Ian MacDonald about what it means to restore the Gulf of Mexico. In the wake of the oil spill, BP pledged up to $500 million over a decade to conduct independent scientific research on the environmental effects. But MacDonald notes that, "When the oil was gushing, there were literally hundreds of ships ... studying this disaster. Now as we try to learn what happened, and prepare ourselves for the next catastrophe, we have nothing like those kinds of resources present." Towatch the complete daily, independent news hour, read the transcript, download the podcast, and for additional <b>...</b>

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irs-taxdebthelp.com 866-600-7679 IRS Tax Debt Help is a website designed to give you the real answers you are looking for to help settle your tax debt problems. Are you lying awake at night worrying that the IRS may, at any moment, come swooping in to file wage garnishments or bank levy's against you, taking everything and making your life miserable? Do you have years of unfilled tax returns that you simply do not know how to get done? If you need Tax Debt Help then we can help. The problem is, ignoring your IRS tax debt problem is only going to make it WORSE. It is not going to magically go away. Despite all of the horror stories circulating about how the IRS will put you in jail if you don't file your returns, or it will take your house and all your wages if you owe it money, the reality is that there is almost always a way to resolve a tax problem without the occurrence of any of these things. We will advise you on all of the different ways to resolve your IRS tax debt to see what you will qualify for including offer in compromise, penalty abatement, unfilled tax returns, release of tax liens and wage garnishments. There is always light at the end of the tunnel, but if you ignore the problem you will eventually make that light an on-coming train. Not a good idea. Get the Tax Debt Help you need Now. We know that you want to get your IRS problems resolved so that you can go back to enjoying your life without dreading every ring of the telephone and every knock on the <b>...</b>

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Here are the highlights of a proposed 27-page settlement agreement dated March 3, 2011 or 3/3/11 between the 50-state Attorneys General and the 5 main banks (BOA, JPMorganChase, Wells Fargo, Citigroup, Ally Financing a/k/a GMAC) to regulate residential forec-losures on a uniform basis throughout the US, including non-judicial foreclosures. There are relief provisions for future, present and past foreclosures and sales. Relief is provided for most of the foreclosure evils, including ones you may not have heard about. The banks are unlikely to accept the proposed settlement. You'll probably need an attorney to help you get relief, whether or not the agreement is signed by the banks. The agreement is available at carlper-son.com/agreement.pdf

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www.CLCREE.org Homeowner Dave sued Bank of America for fraud with the help of nonprofit organization, The Center for Litigation & Consumer Real Estate Education (CLCREE). Not only did Dave win the maximum award in Small Claims Court, the judge ordered the bank to restore Dave's credit so he could truly move forward with his life. A true Dave vs. Goliath story. Since the broadcast, California has increased its award limits from $7500 to $10000. Since Dave's story first aired on MSNBC, many banks are offering CLCREE clients a settlement and a loan modification without going to court. CLCREE offers very affordable assistance in Small Claims Court-NATIONWIDE, as well as other court venues depending on your needs and budget. CLCREE will be releasing a book SUE YOUR BANK. To receive updates and information, visit: bit.ly/Iv96xt. For a follow-up of Dave, visit ww.CLCREE.org and click on "Media/News" section.

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www.shalomtv.com Following the Obama Administration's criticism of Israeli West Bank settlements, Shalom TV offers a summary of the history of West Bank sovereignty from 1920 to the present and the legal issues relating to Israeli settlements. Shalom TV is an American Jewish cable television network carried nationwide on Comcast, Time Warner Cable, Verizon FiOS, Cox, Bright House, MetroCast, Service Electric, RCN, Armstrong, Buckeye, and Blue Ridge systems. The free nonpartisan network is available in more than 37 million homes in the US. Complete programming information is posted online at http

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www.shalomtv.com Following the Obama Administration's criticism of Israeli West Bank settlements, Shalom TV offers a summary of the history of West Bank sovereignty from 1920 to the present and the legal issues relating to Israeli settlements. Shalom TV is an American Jewish cable television network carried nationwide on Comcast, Time Warner Cable, Verizon FiOS, Cox, Bright House, MetroCast, Service Electric, RCN, Armstrong, Buckeye, and Blue Ridge systems. The free nonpartisan network is available in more than 37 million homes in the US. Complete programming information is posted online at http

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Patrick Carmack is the producer of the highly-acclaimed Money Masters documentary and the author of a Monetary Reform Act that would eliminate the national debt in the US and stop the unjust practice of fractional reserve banking. He joins us today to discuss the workings of the Bank for International Settlements (BIS) in Basel, Switzerland. Known as the "central bank of central banks," what exactly does the bank do and how is it part of the current global financial infrastructure? Is it even necessary at all? To find out more about Patrick Carmack and his work, please visit his website: www.themoneymasters.com

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