I have no words either.
The problem in the USA is obviously that either the pols are in love with those that have nothing, or they are in bed with the ultra rich corrupt Wall St thieves who have everything including $1000 hamburgers.
BTW this isn’t class warfare it is fact. Wall Street has played a huge part in redistributing our income from middle America to themselves at our expense be it stadiums or bailouts. No one is looking out for the middle class. The pols take care of those on the bottom and the top while most of us have been sucked dry paying for both.
The too big to fail banks needed busted up just like the TBTF media. I love small business because they are too small to own our government, not too rich either, and generally tied into reality. Competition is America, consolidation is anti-America.
The Clinton dereg and consolidation of banks needed busted up long ago before they had the power to control our govt and Congress. The real problem is that our government is owned by the few not the many as it should be in a democracy.
You all want a REAL Eye Opener???
http://capitalresearch.org/wp-content/uploads/2008/10/toeachtheirhome.pdf
This is what the Re-working of the Community Reinvestment Act of 1977 in 1992 led to. The 1992 CRA led DIRECTLY to the ACORN brochure you see at this link.
You REALLY want some hurl material? Then READ the brochure! Here ACORN is bragging about using the CRA to force banks like B of A to write sub-prime loans to people using food stamps and welfare checks as income.
You read that right. THIS is the kind of crap that Eric Holder is bragging about RIGHT NOW, forcing B of A to once again write toxic mortgages.
How flippin brilliant is this?
Eric Holder is a RACIST for forcing banks to write loans to people who can’t afford them, he is BEGGARING the black community who is the target of this! What does Holder have against black people anyway??
[borrowers who qualified for prime loans were steered into higher-interest-rate subprime loans.]
Stupid is as Stupid is Steered?
Countrywide and Fannie Mae are partners in crime. DOJ goes after all of Fannie Mmae’s dance partners but not Fannie Mae itself. They got huge bonuses but are unable to actually do any loan mods. It’s just a big scam to leave Fannie Mae out of the picture. Sham press conference today.
Countrywide and Fannie Mae are partners in crime. DOJ goes after all of Fannie Mmae’s dance partners but not Fannie Mae itself. They got huge bonuses but are unable to actually do any loan mods. It’s just a big scam to leave Fannie Mae out of the picture. Sham press conference today.
BofA and other lending institutions were damned if they did, and damned if they didn’t. It really didn’t matter. One way or the other, they were going to be the bad guy.
Why we fall for the federal government line on this is beyond me.
Note the clue here. Blacks and Latinos! Another-words, not one single White was treated unfairly.
BofA IS wealth. It can afford to hand out over $300 million. No problem.
And the rest of the citizens have to deal with institutions that are less and less stable, because of our federal government.
Think this won’t force other institutions to give out bad loans? Think they won’t get blamed in time, if they do or they don’t?
We’re in the land of Oz folks.
What gets me is how could Countrywide even discreminate because last time I checked, they has minorities working there who would have blown the whistle?
LOL, Al Capone had nothing on this corrupt piece of sh!+ Eric Holder!
If they didn’t like the terms they could go get a loan somewhere else.