patrick.net

Assuming they win the lawsuit and the banks can Actually Pay the full award amount of 1 Trillion dollars, the Spire Law Group (ie LAWYERS) will get 950 billion and the U.S. Tax payers will have to split the other 50 Billion. With a United States population of 300 million, that's roughly $160 a person.

Whoopee

Make no mistake about it, the Spire Law Group is out for themselves, they couldn't care less about the American People. If they could make a case of it, they sue the American People for not paying there mortgages and forcing the Banks to collapse.

http://www.youtube.com/embed/jTmXHvGZiSY

Yeah, this is bullshit.

This has nothing to do with banks or fraud, it is just another propaganda piece. The subtext we are supposed to pickup on is here:
"the Obama administration was aware of the scheme and supported it."

Outside of the context of this lawsuit The Spire Law Group is a big zero. Beyond filing the suite -- if they even actually did that -- the super Pac that probably gave them the start up money probably did not fund them beyond that. Mounting this type of lawsuit costs 100's of millions of dollars and would only be effectively taken on by a firm that at least one lawyer would admit to working at.

Yes, clue one is that there are no lawyers identified as working for Spire on their website. I have never seen a law firm that names zero lawyers working there on their site. A firm of any size will name the partners at least.:
http://spirelawgroupllp.com/Home.html

Clue two, there has been only one suit filed by this "firm" in the past 10 years. I seriously doubt they even existed before filing this claim let alone actually worked for any of the clients that are listed on their site.

Clue three, the bar number cited on the website was resigned over a decade ago. no one can practice law using that number:
http://members.calbar.ca.gov/fal/Member/Detail/54393

Clue four, hmmmm... well do we really need anymore clues to call this bullshit?