Jump to content
House Price Crash Forum
Sign in to follow this  
1929crash

More Pressure On Banks

Recommended Posts

http://www.zerohedge.com/article/we-won-bill-retroactively-immunize-mortgage-fraud-defeated

We Won! Bill to Retroactively Immunize Mortgage Fraud Defeated

Submitted by George Washington on 11/17/2010 17:46 -0500

A friend on the Hill just wrote me the following:

HR 3808 Veto Upheld

HR 3808 went down.

Congratulations to everyone who called their congress members to demand that this blatant attempt to legalize mortgage fraud be defeated.

Here's the roll call on the vote (and see this).

And thanks to ZeroHedge poster 4ClosureFraud for being on the forefront of this issue, and helping to keep us informed!

For those who don't know, 4ClosureFraud - and their friends Foreclosure Hamlet - have been the two main movers and shakers in exposing foreclosure fraud in the United States.

B)

Share this post


Link to post
Share on other sites

everybody eventually adopts the government modus operandi

What's the Tory mantra - "There's no more money left" - hit the Welfare state/poorest with an 18Billion pound reduction and fling them out of their homes in an exodus!

Barely a month later headlines

"Osborne Osbourne pledges 7 Billion pounds to bail out Irish Bank frauds."

Lest we forget

George Osborne’s spending review was more of the same, under the guise of “balancing the books”.

Osborne attempted to frame the exercise in the simplest of terms: “We are going to ensure, like every solvent household in the country, that what we buy we can afford—that the bills we incur we have the income to meet.”

That was a favourite trick of Thatcher’s—to use the common sense of household budgeting to make vicious cuts seem both necessary and inevitable.

The Conservative project is to dismantle the welfare state—or, as Osborne put it, to “reshape” public services.

His idea of reshaping is to get rid of at least half a million public sector jobs, and probably closer to three quarters of a million. Knock-on effects mean at least half a million private sector workers will follow them.

Contrary to Osborne’s claims that those with the “broadest shoulders will bear the burden”, his own figures show that the poor will be hit twice as hard as the rich.

For people on benefits and those already in poverty, life will get much harder. Disabled and ill people will have money snatched away. Benefit cuts mean that 18 million households will be at least £1,000 worse off each year.

Attacks on housing benefits will drive many from their homes. Workers will be forced to work for longer for their pensions, and will pay in more but get less when they retire.

The way the overall package of restructuring will work can be seen in education. Children will be left in crumbling school buildings, with 40,000 fewer teachers.

And working class young people won’t be able to get into college or university. The Tories are slashing the funding for universities by 40 percent, just to make sure there aren’t enough places for people to get into even if they can borrow enough to do so.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 259 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.