2 thoughts on “Mortgage settlement scheme

  1. From the link:

    “It thwarts the objective of punishing servicer wrongdoing and deterring future robosigning, predatory lending, consumer deception, and other violations by permitting wrongdoers to settle exclusively with ‘other people’s money.'”

    And, since the “other people’s money” are retirement funds:

    “Teachers, first responders, law enforcement, and other pensioners and retirees should not be penalized for wrongdoing by Wall Street.”

    It’s the Obama Doctrine. “Screw the 99%. That’s what they’re for.”

    I’ve almost forgotten what it’s like to have a Prez who doesn’t make me want to explode with rage-spewing bile.

  2. Stuff like this makes my head explode.
    American politics has degenerated into a total shell game, with both sides obfuscating every issue in order to comfort the comfortable and afflict the afflicted.
    How do we get off this toxic merry-go-round?

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