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Blog Directory ID Blog Directory ID: 272
Blog URL Blog URL: http://elderabusehelp.org
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Blog Description Blog Description: I dedicate this page to Victims of Elder abuse.In the hope that other elders, their families, or perhaps yourself, can be spared the incredible suffering and devastation of elder abuse.Other Topics discussed:Ageism,Aging,Life Extension,Cryonics.Biotechnology,Technology,Culture and Travel
Blog Category Blog Category: Health & Wellness Blogs
Blog Owner Blog Owner: Ray @ Elder
Blog Added Blog Added: May 01, 2007 09:18:40 PM
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Look at the Facts | Submitted Jul-19-2007 | Blog Reviewer William Hart
Now go to http://clarafernandez.com and get the facts about Clara Fernandez and see how mental illness on the part of Raul Fernandez harmed him Mother. Read the letters and eMails he wrote to his Mother and come to your own conclusions. William Hart info[at]clarafernandez.com

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RSS Feed Orion one of Florida Strongest Banks : Warned by the Feds

Naples/Key West Florida USA by By By Anne-Margaret Swary

Orion Bancorp, which maintains five branches in the Florida Keys, has been told by state and federal regulators to take immediate corrective actions in order to maintain the financial soundness of the institution, including reforming its lending practices and strengthening oversight by the board of directors. The agreement, signed on Aug. 25, is one of 15 such enforcement actions the Federal Reserve has taken against a U.S. bank this year. The Naples-based bank originally was founded in Marathon, and still has five branches in the Florida Keys.

According to the 15-page agreement, the bank has 10 days to eliminate from its books all assets or portions of assets classified as a ?loss.? Within 60 days, the bank must submit a plan to improve the management of the bank?s liquidity position and funds management practices, as well as a new program for real estate appraisals and revised loan practices.

The agreement also advises immediate steps to mitigate the risk to the bank?s commercial real estate loans, in light of current market conditions.

Williams said Orion also holds a $17 million loan for the Harbor House luxury townhouse project in Key West on Caroline Street, developed by KeysCaribbean. That project has been stalled as a result of the current real estate market and the death in October of the company?s chief financial officer, Derek Parker.

?It?s a problem loan,? Williams said. ?That doesn?t mean it?s a loss.?

Phil Hogue, CEO of Key West Bank, said many banks are facing similar issues. He said the situation with Orion Bank is serious but doesn?t necessarily signal the bank won?t survive the market downturn.

?Because real estate values have dropped 30 percent or more, all banks are feeling pressure,? Hogue said. ?However that doesn?t mean that any of them are going to fail.?

Abridged for E.A. =>>

You got love the CEO's optimism "Just because clients can't pay back their loans "It doesn't mean it's a loss"

Just because we loaned money on overpriced real estate, it doesn't mean we are going under, heck everybody else was doing it too!

Just because the bottom dropped out of the housing market and we are stuck with short sales, it doesn't mean we are going to fail.

No it doesn't mean anything at all, back to drinking your Cafe Latte

Orion bank was founded in Marathon in 1977 as First National Bank of Marathon. In 1982, the name was changed to First National Bank of the Florida Keys.Over the past 30 years, the bank?s assets have grown from $25 million to nearly $3 billion this year.

As such it is one of Florida stellar success stories, or was until it got caught up in the frenzy, but we all knew once the music stops there wasn't going to be enough chairs for everyone, didn't we?





RSS Feed Is Your Bank About to Implode? The FDIC is Hinting, YES!


By Moe Bedard as Published in Loan Safe Solutions

The lender carnage, death and destruction litter the home page of Aaron Krowne?s Mortgage Lender Implode-O-Meter like the beach at Normandy on D-Day. The infamous list has grown from September 2006 when Aaron started the website with approximately 10 failed lenders to a whopping 276 major U.S. failed lending operations today.


That comes out to about one failed lender every two days over the last two years. This is no anomaly- An anomaly is an irregularity, a mis proportion, or something that is strange or unusual, or unique.

Yes, 276 failed lenders are FAR from unique.

If you truly think about what is going on in our country right now and from the actual evidence on the ML-Implode.com website, your will realize that this is really not the ?twilight zone? and our banking system is on the verge of complete collapse.

I think the question now is not ?if? your bank will fail, but ?when? will your bank fail.
Wall Street Journal - Exhibit A is the revelation by Federal Deposit Insurance Corp. Chairman Sheila Bair that her $45 billion deposit insurance fund may not be adequate to pay off account holders as banks continue to fail. This has been inevitable for months, but neither Ms. Bair nor Treasury wanted to admit the truth in public for obvious political reasons. Yet now we learn that the insurance fund shrank by $7.6 billion in the second quarter, bringing its reserve ratio well below the minimum required by Congress.

Quick Fact - The FDIC is a government agency that insures deposits in the U.S. against bank failure; it was created in 1933 to maintain public confidence and encourage stability in the financial system.

The frightening facts are that the US Banking system is in dire straits and our government does not want you to panic and make a run on your bank. It would be the Great Depression all over again in a heartbeat if we were all to take what little cash we Americans have out of these ?insolvent? banking establishments and place it under our mattresses.

That would really make them fail and fast. But will our money be safer under our mattress than these banks of cards? Ms. Bair and the FDIC may be hinting to us all, YES!

ML-Implode has listed 276 various lenders that have met their deaths and another 19 on the ailing list of lenders ?about? to implode. But only the FDIC truly knows the ?true? state of our nation?s banks and the hints and news coming from this mighty agency is nothing short of frightening.

Slate - You can add the Federal Deposit Insurance Corp. to the list of entities that may be in line for a Treasury Department bailout, the Wall Street Journal reports, following an interview with the agency?s chairwoman. The FDIC is a bit cash-strapped these days as it props up failing banks across the country. It announced on Tuesday that 117 ailing banks are now under its care and that the FDIC holds an astounding $78 billion in distressed bank assets, the Guardian points out. And, the New York Times says, the FDIC sees the banking crisis going from bad to worse.
Moe Bedard - America, get your head out of the sand, turn off American Idol, turn off Squawk Box and get a clue to the true state of our economy and failing banking system. Your bank may be next!

One of our country?s fathers warned us about the banks and the evil they create over 200 years ago. Yet, here we sit, paying the price for letting these banks run wild for the last couple hundred years.

Moe Bedard is a leading expert and trusted authority in regards to loan workouts and loan modifications. Moe is the founder and President of Loan Safe Solutions, LoanSafe.org and the main contributor to LoanWorkout.org. He has blogged on this subject more than any other person on earth and has personally been involved in over 300 loan workouts and mortgage audits.

Analyst: FDIC Will Need Half A Trillon Dollars
Chris Whalen, managing director of Institutional Risk Analytics, in an interview on CNBC, said:
They need about a half a trillion dollars in borrowing authority, and they need a vehicle to own these banks while we triage them and sell them.The FDIC Deposit Insurance Fund currently has approximately $50 billion in assets.


RSS Feed Once in 100 Years Credit Crisis, World Heads for Deflationary Collapse

By: Dr_William_R_Swagell as published in The Market Oracle

"The insolvency crisis will come to an end only as home prices in the US begin to stabilise and clarify the level of equity in homes, the ultimate collateral support for much of the financial world's mortgage-backed securities. ? ALAN GREENSPAN.

So thinks ex-Fed Chairman the ?Maestro? Alan Greenspan. And he should know. After all, he was largely responsible for leading us to this point in time since from 1987 to 2006 he was at the helm of the world's largest economy. Without doubt, his policies influenced Central Bankers around the globe leading some analysts to describe him as a ?serial bubble blower? (the NASDAQ bubble, housing bubble, credit bubble, structured financial instruments bubble, commodities bubble, etc) whose easy money stance and ? laissez faire? approachlies at the root of our current crisis. This loose-money policy, together with the deregulation of banking and financial markets, simply fuelled unabated speculation and asset bubbles.

The sentence above where Greenspan admits that we will only see the ?insolvency crisis...stabilise? once we ?clarify the level of equity in homes? (is that his way of saying prices need to fall more but he's not sure how much?) before we can determine ?the ultimate collateral support for much of the financial world's mortgage-backed securities? (or lack thereof) confirms the gravity of the present situation.

I wonder if Bernanke derives any insight or comfort from the ?Maestro's? words of wisdom, or whether he yet understands the magnitude of the disaster that he inherited upon accepting the position of Federal Reserve Chairman? It must be a little unsettling for him to see US Treasury Secretary Henry Paulson getting ready to jump ship and leave his post behind when the new administration takes office in January.

The Next Leg Down.

Robert Prechter (Elliott Wave Financial Forecast) is adamant that the stock market leads the economy , not vice versa. What Prechter sees in the charts has him warning that we are most likely on the verge of a new, more savage leg down in the markets as ?Cycle wave c? down wreaks havoc.

?...once a B-wave top is past, there is just no hiding anywhere...C waves...This is when people can no longer fool themselves that it's an old bull market or that the market is going back to new highs. The fundamentals start falling apart in a C wave, and that is just what is beginning to happen now.

...in Cycle wave C there will be ?no place to hide?, and that warning applies to precious metals and their stocks as well.?


(Silver has recently fallen 43% from a March high of $21, while gold is down from its March high of $1,040 and threatening to retest support at $775).

In July 2007 US Treasury Secretary Henry Paulson postulated

?This is far and away the strongest global economy I've seen in my business lifetime?.

Now we're told that five of the G7 nations (which account for half of the world's output )...Japan, Germany, France, Italy and Canada... contracted in the last quarter.

Professor Nouriel Roubini believes

?Official data suggests that the US economy entered a recession in the first quarter of this year. The UK, Spain and Ireland are experiencing similar developments with housing bubbles deflating and excessive consumer debt undercutting retail sales, thus leading to recession?.

And Bank of England governor Mervyn King has warned that the British economy is on the verge of recession and will start to shrink by year's end for the first time since the early 1990's.

In January this year the DJIA dropped through a major 34-year trendline dating back to 1974 and is now in danger of going into freefall.





The Dow Jones Utilities Average looks to be tracing out a head-and shoulders top and indicating the next move will be strongly down.



It only remains to be seen if the gravity-defying Dow Jones Transportation Average , which has so far defied soaring oil prices remarkably well, will continue to hold up in the face of a severe global recession, or will finally capitulate and turn down reconfirming Dow Theory.
Meanwhile, China's Shanghai Stock Exchange has slumped some 60% and plummeted from a high of 6,124 in October 2007 to around 2,400 to become the worst performing in the world so far this year!

If stock indices do indeed lead the economy then this manufacturer to the world also looks to be facing troubled times ahead. And if China's economy falters then countries like Australia which have been riding on the back of the commodities boom will also be hit hard.

The front page of The Australian (August 18th 2008) featured the headline... ?FEARS GROW OF AN END TO (commodities) BOOM?, where Access Economics director Chris Richardson warns...

"Commodity booms end ugly, they always do and there has never been an exception?. All the while, property prices around the globe are either dropping or softening.


Graph courtesy of Robert Prechter's Elliott Wave International.

http://www.elliottwave.com/

The S&P 500 Homebuilding Index has certainly shown the direction in which house prices were going to head as well as being a mirror image of Fannie Mae's stock price (which has now collapsed 93% ).

How much lower can Fannie Mae's stock price fall? Philippa Malmgren (a former senior financial advisor to President Bush in his first term) was recently quoted in Sydney, Australia as saying
... ?Everybody agrees they (Fannie Mae and Freddie Mac) are basically finished, that they are basically bust?.

She also warned that

... ?The FDIC (Federal Deposit Insurance Corporation) is now anticipating that they are going to have 95 (US bank) failures this year alone?. Australian Financial Review, 27th August 2008.
We've already seen nine US banks fail so far this year with Columbian Bank & Trust Co being the latest. The prospect of another 80-something US banks collapsing in coming months is scary stuff indeed.

Last but not least, Ms Malmgren had another very interesting tit-bit of information to offer
... ?I do believe that if (Barack) Obama is our next president that there is already a discussion under way about whether they want the current chairman of the Federal Reserve (Ben Bernanke) to remain?.

Ummm...very interesting. Perhaps they might want to try and coax Alan Greenspan back out of retirement to save the day and work a bit of the old ?Maestro? magic again? It might be poetic justice to let him now ?reap what you sow?.

Time Running Out.

Prechter fears there will be ?no place to hide? in the next severe leg down. So what is his survival strategy?

?In a bear market, some will slowly catch on to how much safer (and much more fun) it is to just stand on the sidelines... the more capital they will conserve and the smarter they will look at the bottom when the genius of getting out ... is finally recognized.

...anyone who has been dragging his feet and has still got the bulk of his savings in the banking system, particularly the U.S. banking system, it's getting almost too late to act. You need to move very quickly to get the bulk of your savings out of the weaker banks...ideally...you should own U.S. Treasuries directly in a money market fund...don't sit around until it's too late...finding yourself at the back of the line in front of your bank?.

Worst Deflation in Generations?

Robert Prechter has long been a lone voice in the wilderness warning of an imminent deadly deflationary collapse into global recession/depression rather than an extended hyperinflationary blow-off (despite the frantic efforts of desperate central bankers to inflate money supply). Now it seems respected financial guru Richard Russell (Dow Theory Letters) has similar concerns;

?...the markets are telling us to prepare for hard times, and a global spate of the worst deflation to be seen in generations ...sophisticated money is cashing out, raising cash, preparing for world deflation. This is why gold has been sinking...why stocks have been falling. What I see is a coming world deflation. What's the best stance in a deflationary situation? Lots of cash...US Dollars and US Treasury paper?.

All the best, Joe.

www.lifetoday.com.au



RSS Feed Concerned citizens: Take Action on Family Court Corruption

Concerned citizens: Please email and contact the producer for Fred Flannigham's radio show: A Citizen's Voice.

EMAIL THE PRODUCER: JEFFREY DINETZ AT JDINETZ@NEXTMEDIAGROUP.NET

CALL FRED FLANNIGHAM'S SHOW AT 847-244-1220

Dear Mr. Jeffrey Dinetz:

My organization, Mothers in Crisis Coalition, just heard the news today that your radio station canceled the show on family court corruption, to the detriment of the public and concerned citizens.

As a journalist and researcher, I encourage you to review the facts relating to the ongoing crisis in family court and human violations being committed under the guise of Parental Alienation Syndrome (PAS). Please continue to report and expose this critical issue for thousands of families in your area and across the nation. This topic is NEWSWORTHY and has attracted already a large audience to your show: "A Citizen's Voice," with Fred Flannigan. You will be receiving other letters from members of our organization and large coalition of victims, advocates and concerned citizens, encouraging to continue to present this family court crisis.

Please take the time to review these important facts; Commissions by: The US Dpt of Justice, The American Bar Assoc. The American Psychological Assoc., and many other leading experts, continue to WARN regarding the harms and risks of applying this pseudo condition to custody cases, especially, when there is evidence of domestic violence, like in Alec Baldwin's case.

Parental Alienation, is a serious, highly controversial and dangerous trend for women and children, victims of abuse and violence in our country.

In 2004, I founded an organization called, Mothers in Crisis Coalition, based from Florida, with members all across the United States; Our main objective is to continue to gather data, document cases and research viable solutions to this devastating crisis for children and their protective parents in courtrooms across our nation.

What I have seen through years of research and documentation, is no less significant than families ripped apart by abuse of power in pre- war or war-like conditions. This ongoing judicial crisis has attracted International attention. Attorney, Dianne Post, filed a Human Violations Complaint with an International Commission and is awaiting response or relief for these victims.

In a July 2008 news story, Costa Rican authorities, provided immediate asylum to an American mother and her child, deeming her custody court case, a crisis and humanitarian emergency for these victims.

As recent as of September 2008, women and victims relating to the same, court related travesty of "Parental Alienation, " filed a complaint through the U.S. Department of Justice and are awaiting an evidenciary hearing regarding this UNPRECEDENTED crisis in America.

The tragic truth is that death rates due to domestic violence has more than doubled in the last several years. Children continue to be ripped apart from their protective parents and their pleas for help, continue to silenced through this UNRECOGNIZED syndrome, called Parental Alienation.

As a leader of a growing group of victims across the nation, I encourage you to take the lead in denouncing ANY form of abuse, but ESPECIALLY, abuse against CHILDREN, the most helpless and vulnerable segment of our population.

For any REPUTABLE, media outlet, to minimize, excuse or "dignify" ABUSIVE fathers, like Alec Baldwin, is not only a "barbaric" position for a reputable outlet to take, but also a very dangerous stance, with serious or potentially, tragic consequences.

The danger is real, as reports continue to support the statistics of increased deaths and domestic violence for women and children across our nation. To take this issue lightly is irresponsible; To dismiss research and warnings from leading authorities is NOT what the American public EXPECTS from a reliable media source.

Findings from Dr. Paul Fink, former President of the American Psychiatric Assoc. explain: "Science tells us that the most likely reason that a child becomes estranged from a parent is that parent's own behavior. Labels, such as PAS, serve to deflect attention from those behaviors."

Retired, Louisiana's 5th Circuit Court of Appeal, Judge Gothard, states, "PAS has caused emotional harm, physical harm and in some cases, even death to children."

Dr. Joyanna Silberg, Ph.D., a Clinical Psychologist and Executive Vice President of the Council, notes that the recent case of Darren Mack, who was accused of shooting his custody judge and stabbing his wife to death, is one of many tragedies related to PAS theory and dangerous consequences.

In light of these and many other reports, statistics and violent crimes throughout the nation relating to custody cases, the American Psychological Association, issued this warning, as recent as 2005:

"The American Psychological Assoc (APA) believes that all mental health practitioners as well as law enforcement officials and the courts, must take any reports of domestic violence in divorce and child custody cases seriously. An APA 1996 Presidential Task Force on Violence and the Family noted the lack of data to support so-called "parental alienation syndrome," and raised concern about the term's use. However, we have not official position for the purported syndrome.

As a leader for the National Org. for Women, Fl Chapter, Child Custody Committee Chair and after meeting with hundreds of Florida women and children pleading for help, statistics don't lie or support Alec Baldwin's excuse for abuse or intimidation on his own minor child, in or outside of court.

For years now, I have personally listened to children and their protective parents cry out for help, to no avail. I have sat at police stations where children are exchanged for custody and/or visitation and have seen them, ripped apart from the arms of their protective parent, as they cry helplessly and frantically, being forced to go with their abusers, based on PAS reports and court orders.

Last year, I interviewed the mother of a teenage boy in Florida. She talked about her son, who after being forced to live with his abusive and estranged father, ended up in the E.R. after a suicide attempt. The judge in this case, went as far as to even issue an order NOT allow to the mother to visit her own son in the hospital. After her son's release from the hospital, the boy attempted to escape again from the father, back to his mother's care. The boy was ordered to be picked up by the police back to the father's custody, where he failed school and became seriously depressed and ill with stress-related symptomatic conditions, while reports of concern from school officials and others involved accomplished very little to improve this boy's life to the way it was before involvement from the courts. This travesty and life altering, custody imposition, again, based on the purported PAS theory against the mother, as the primary caregiver of the boy for years.

My question to Alec Baldwin, is why not look into the reason(s) why his child may be afraid of him or why that child may not want to correspond with him, instead of blaming the child for her REACTION to the continually abusive or offensive treatment she receives from her father.

Interestingly enough, " through my years of study and research of this devastating issue, is that as PAS grows in popularity, so does the BARRIER, for children to testify in court, even as they become older; young adults or teenagers, and permitted by the law. When the laws are ignored, when children are FORCED to go with their estranged or abusive parents, it is the DUTY of the citizens, the media and QUALIFIED professionals, to "step up to the plate," and participate in remedies. To look the other way, not to report the facts, these travesties, will hold you accountable as part of the problem and not the solution.

The cost of silencing children through custody evaluators and PAS, marks a new Millennium of "Dark Ages" and "Judicial Inquisition" for children who are victim of abuse in our country. As a national and reliable source of news and information, I hope that you cover this important story accurately by presenting the facts from leading EXPERTS, professionals and RELIABLE authority in our nation.

To provide misleading information, based on angry and defensive excuses or OPINIONS, regarding abuse through the courts and PAS, may bring devastating consequences to thousands of children trapped in a cycle of violence, with only one way out: Accountable reporting, from outlets like you and community involvement.

Thank you for your time and consideration. Please do not hesitate to contact me if you have any questions or need additional information at 813-610-2842.

Sincerely,

Mari Fernandez,
Mothers in Crisis Coalition, Founder
Fla. N.O.W., Child Custody Committee, Chair


RSS Feed Senators Obama and McCain Meet with AARP

Senators McCain and Obama are speaking to AARP members tomorrow.
This is your chance to submit your questions to them!


Now that both parties have held their conventions and officially nominated their candidates, this election has finally kicked into high gear.

I?m writing to you today because one of the FIRST campaign stops tomorrow for BOTH senators is AARP?s public forum with thousands of our supporters!

I know that we can?t all be there in person, but I have some great news ? if you send us a question for Senators McCain and Obama we will include it among those asked TOMORROW.

Send your question today! Any questions not asked tomorrow will be personally delivered to both candidates.

The presidential candidates know how important your support is because you vote. It?s their responsibility to answer your questions, and that?s why we?re printing out every question sent to us and literally placing it in their hands.

Sure, the race had not officially started until now but these candidates have been at it for about a year and a half already. Do you feel like you have any idea what they will do to break partisan gridlock?s hold on Washington? Any idea what their specific plans are on health care and long-term financial security?

Tomorrow is your opportunity to get real answers from the candidates ? take action today!

Demand real answers from Senators McCain and Obama. Send them your question today!

This is our chance to end partisan bickering and put the candidates on the record. We want answers, substance, and specifics on progress.

Only a powerful grass roots movement will force politicians to turn their talk into action. So after you send us your question, forward this email to your friends and family so they can send their questions, too!

Thank you for all your help.

Sincerely,

Barry Jackson
AARP Online Advocacy Manager



RSS Feed Letters To Editor 'My Own Experience'

Revised from 8-26-08

My own experience in learning about financial exploitation of the elderly came as the result of watching a very dear friend be convinced to turn his back on long-time acquaintances, finance questionable schemes and change an estate plan that had been in place for years. Since he?d never been married, there was no one with legal standing to question what was going on.

I read Ms Masiello's book and immediately bought more copies to give to friends. I am especially impressed that she was willing to share personal details about herself and her family in order to expose the tactics used by those who went after her father?s assets. As she found, when someone has been brainwashed to be suspicious of those closest to them, it?s especially difficult to convince authorities that something is wrong.

Since this began, I?ve been told many similar stories about relatives, friends, or simply acquaintances. These stores should not be lost. If you?ve witnessed elder abuse or exploitation, please do something. You can:

* Visit the http://www.NCEA.aoa.govsite to find a local resource who can help
* Visit the http://www.ParadiseCosts.com site to learn how to contact your legislators
* Visit the www.ElderUndueInfluence.org/stories/ site to share your experience

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