The federal government’s case against banks for duplicitous and potentially illegal mortgage practices may be reaching an unsatisfactory final settlement even as one of the largest perpetrators of foreclosure fraud takes outrageous steps to block further investigation into their actions at the height of the housing crisis. Tens of millions of homeowners remain “underwater,” owing [...]
House padlocked? Pet bird kidnapped? Threatening letters arriving in the mail for no apparent reason? Be careful, because America’s biggest bank is also its biggest perpetrator of fraudulent foreclosures, and it may be coming after you… Bank of America, already neck-deep in litigation and fallout from rampant fraud and mistakes relating to its booming post-recession foreclosure business, has another [...]
“MAKING EVIL ACTS SEEM ENTERTAINING.” (Black Agenda Report) This is Margaret Kimberley’s view of the “mission accomplished” Veterans Day appearance by President Obama on the U.S.S. Vinson, the ship used to carry the body of Osama bin Laden to its summary burial at sea. His appearance coincides with the news that several NCAA basketball games [...]
PRESIDENT OBAMA, SUPREME COURT LET TROY DAVIS DIE: “THE STATE OF GEORGIA IS ABOUT TO DEMONSTRATE WHY GOVERNMENT CAN’T BE TRUSTED WITH POWER OVER LIFE AND DEATH.“ (Atlanta Journal-Constitution) Troy Davis, who most believe was unjustly convicted of killing on off-duty police officer in 1989, was put to death by the state of Georgia last [...]
IF BAGHDAD IN 2003 WAS A “CAKEWALK,” IS TRIPOLI IN 2011 TO BE CAKEWALK II? (Sydney Morning Herald) This is a troubling possibility, says Paul Geough, noting the same cluelessness today as in 2003 about the future of a country “liberated” after a quick march into a capital city from a much-hated dictator. Now as [...]
OBAMA UBER ALLES: 15 MEMBERS OF CONGRESSIONAL BLACK CAUCUS HELP PASS “DEBT RELIEF” BILL THAT WILL COMPLETE THE “RUINATION” OF BLACK AMERICANS. (Black Agenda Report) Glen Ford names names among the 40 members of the Black Caucus after minority leader Nancy Pelosi releases them to “vote their conscience” on a bill that, Ford says, will [...]
THE RUPERT MURDOCH SCANDAL AND THE CORRUPTION OF MEDIA AND GOVERNMENT: THE MORE THINGS SEEM TO CHANGE, THE MORE THEY WILL STAY THE SAME. (Black Agenda Report) This is Margaret Kimberley’s perspective in reflecting on the denunciation by political leaders in the U.S., U.K. and Australia of the atrocious “news” practices of the media mogul’s [...]
THE MORTGAGE FRAUD MELTDOWN CONTINUES AS FEDERAL INVESTIGATORS NAB MEGA-BANKS THAT THEY SAY ATTEMPTED TO “SWINDLE” UNCLE SAM — AND TAXPAYERS. Stemming from reports last year that some of America’s largest mortgage companies and banks fraudulently foreclosed on homeowners, a new federal investigation has apparently found an even more pervasive and potentially serious scheme at [...]
A glut of empty homes and dire economic consequences of the housing boom did not stop the state of Florida from ushering in a sweeping overhaul of state guidelines for development that literally shred the set of regulations in place for over 25 years. With newly elected Republican Gov. Rick Scott promising to remove “roadblocks” [...]
“DEMOCRATIC” EGYPT BECOMING A THEOCRATIC EGYPT? This is the fear of many of the young secular protesters who fueled the deposing of Mubarak. The new military government has found a surprising ally in the formerly-banned Muslim Brotherhood as it struggles to return “stability” to the country. Many believe the religious fundamentalists have struck a “deal” [...]
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