Thread: Wall Street / W. H. Blame Homeowners Foreclosure Crisis

Wall Street and White House Blame Homeowners For Foreclosure Crisis

Politics / US Housing
Oct 17, 2010 - 05:45 PM

By: Global_Research

Tom Eley writes: Wall Street has raised its voice against any government moratorium on foreclosures, even as evidence mounts that banks systematically and illegally falsified documents in order to expedite hundreds of thousands, or even millions, of foreclosures.

Documented examples of abuse include banks hiring contractors and what one Goldman Sachs executive referred to as “Burger King kidsâ€

Call me hard hearted but I say prosecute the Burger King kids as well - to the full extent of the law. I have always had the common sense to refuse to do things requested of me by my employers that I deemed immoral and/or illegal and I have most certainly paid the price and do still pay it today yet I would not change what I have chosen not to do in exchange for an easier life. I am so grateful that I did not fall for it. We, the people need to put a stop to these things and while it is absolutely criminal that employers force people to do these things just to have a low-wage job - we the people must let it be known that the criminality must stop and that we will not allow or accept people doing this type immoral thing just for a paycheck. It is rough to ask a Burger King kid to be a whistle blower but that is what must happen.

Please note that the guy behind the current news, Thomas A. Cox, was making amends for making a living foreclosing on people, which brought him into depression and cost him his marriage as well. (In article below.)

"From a Maine House, a National Foreclosure Freeze"


http://finance.yahoo.com/real-estate/ar ... estate-buy