Here is a Real News interview with the prime expert in detection in this area of fraud. The underlying question is in the subtitle, Bill Black: Are Pres. Obama’s new measures effective or window dressing?

It is still true what Bill Black has been saying for years, this bank collapse is 70 times bigger than the S & L crisis and the President has assigned 55 agents whereas the S & L crisis had 1,000 agents trained by Bill Black. So the President has assigned 55 agents to a task that could conceivably require 70,000 agents. This would be laughable if it weren’t so corrupt.

The so-called robo-signing involved the felony filing of false affidavits by the large mortgage servicers at a rate of 10,000 times per month, or over 100,000 times per year.

You’d think with hundreds of thousands of violations, there could be at least a few prosecutions. There are more prosecutions of stealing cars than there are of stealing houses.

I have tried to explain the concept of this rebuttal ad to the Elizabeth Warren campaign to no avail. I finally decided to make a prototype of the ad that I had in mind.

If the campaign still refuses to counter the attack that will not go away, maybe this prototype can go viral and make up for what they refuse to do. Its going viral depends on you sharing it and recommending it to anyone you know.  Either share this blog post or share the video at YouTube.

The voice artist that is standing in for Elizabeth Warren for the explanation of the intellectual foundation is Shelah Jordan.

For more on the real Elizabeth Warren and the two books that were mentioned, see the videos in the list below.

• The Coming Collapse of the Middle Class
• The Heart Of The Two Income Trap
• Elizabeth Warren – The Two Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke