"The Federal government is about to settle the ForeclosureGate affair, according to a report in the New York Times on April 9. The Times noted that twelve million homes will be lost by 2012. Home equity values are down by $5.6 trillion since the real estate crash.
The draft agreement released to American Banker shows another corporate-friendly deal designed to maintain the incumbent perpetrators at the expense of the people. (Image: zoonabar).
Some of the most powerful and wealthy individuals and corporations in the land committed these violations. Therefore, the most powerful and wealthy will escape justice and reap even more financial rewards. That's how things work in a rigged system. It's axiomatic.
Just look at the bipartisan response to the financial collapse of 2008. Those responsible received massive bailouts and regulatory favor while citizens paid the price, captives of a seemingly endless recession with limited assistance from the government they support"..............a must read.........read it here
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