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How the banks got us coming and going | SocialistWorker.org

NOW THAT the same predators who pushed people into self-destructing mortgages have been caught carrying out fraudulent foreclosures, will hard-pressed homeowners finally get permanent relief?

If they organize and fight back, yes. But the banks and their political front-men and -women will do anything they can to prevent that.

The Democrats are both squirming over their role in abetting the banks' foreclosure factories and sensing a political opportunity. Thus, President Barack Obama has refused to sign what had been stealth legislation designed to speed up the "robo-signing" of foreclosure documents by forcing states to accept all such documents as valid, even if they originated in a state where this sort of dubious paperwork is standard.

Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 12th, 2010 at 03:48:25 PM EST
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