[Signal boosts are awesome! --L.]
- Want To Create Jobs? Break Up The Banks.
- Want To Create Jobs? Break Up The Banks.
[Campaign for America's Future - Zach Carter]…Things are about to get much, much worse for just about everybody… Despite all of this bad news, I think we might actually be on the verge of some real economic progress.
- HR 3808 Veto Only Removes One Hurdle to Accountability for Foreclosure Fraud
- [Firedoglake - David Dayen]
The system actually did work yesterday. Bank lobbyists managed to swiftly get an innocuous-seeming, confusing but potentially debilitating bill through Congress, and were about to get laws made that could stave off the worst hits to their bottom line from the foreclosure fraud crisis. But individuals got agitated, made their voices heard, and the President refused to sign the bill…
However, Jon Stewart is right; the “win” of yesterday actually just got us back to square one. It retained due process for homeowners, but we’re still in the midst of a total morass, which no clear path out. Arthur Delaney had a roundup [link] of all the lawmakers pushing for moratoriums on foreclosure processes while this all gets worked out…
Meanwhile the horror stories continue to come out.
[In case it needs to be said: I don't agree with every word of everything I link to. --L.]
The Of interest (Fri, Oct 8th, 11am) by Lee Salazar, unless otherwise expressly stated, is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License. Terms and conditions beyond the scope of this license may be available at leesalazar.com.