AMERICA IN CRISIS: MANY PROBLEMS, YES…BUT, SOME SIMPLE SOLUTIONS


In late 2007, when this was originally made…saddly, it was ahead of its time and more saddly, raised questions that fortold today and now… In 2009, Americans are truley more so… waiste deep in the Big Muddy of it’s worse Crisis…like 1931, those who gave us the crisis now (in 2009) reassure us if only we hold to the same course…that somehow, what they have done to destroy our economy with their looting of the public trust will…they now continue to say is in fact, be what will save us…Senator McCain recently said “we should do nothing…the economy will correct itself…and warns us that trying to solve these problems (like Obama is)…will destroy our country…” Little does a man who can not remember how many homes he owns…know or care for the family loosing their only home…as we have seen…if you listen to the new republican chatter…their loud cries of socialism..if we continue with the same republican, feed the wealthy…let them share the wealth by tipping big to the poor…policies of the past eight years…then, how can we except any different resault???? The dollar continues it’s collapse, more people are loosing their homes, major companies are going out of business, what few factories that remain are closing; good jobs have long disappeared to China or India, we are still invaded by poison toys, our broken borders remain unchecked, a world that still hates us deeply, unsecured ports, a series of never ending wars gone bad; many hundreds of

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Bird and Fortune – Subprime Crisis


John Bird and John Fortune (the Long Johns) brilliantly, and accurately, describing the mindset of the investment banking community in this satirical interview.

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ACORN – Mortgage Crisis – Voter Fraud – Obama


Barack Obama Trained ACORN Staff In How To Intimidate Banks Into Giving Subprime Loans. Barack Obama acorn community organizer fraud Ayers Wright McCain Palin

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VEGAS MORTGAGE CRISIS


Bev Llorente reports on one of the nation’s problem vegas mortgage crisis, financial meltdown in the valley..

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In Brooklyn, Mortgage Crisis Eats Away Wealth of Several Generations of Hispanics


During the years prior to the recent real estate collapse, in the predominantly Hispanic neighborhood of Bushwick, populated by nearly 130000 people, high-cost or subprime loans and costly refinancing proliferated, encouraged by brokers and mortgage companies, many of which were based in faraway states. There was the start of a phenomenon at one point where brokers would go back to the homeowner every year and get them to refinance, says Sara Manaugh, an attorney who represents low-income homeowners facing foreclosure at South Brooklyn Legal Services. People were encouraged to treat their homes as piggy banks, taking the cash out from their refinancing. They were told that their property would continue to appreciate, but they got another bad end of that deal. Video by Eva Sanchis, El Diario/La Prensa. Read more at Feet in Two Worlds: news.feetintwoworlds.org

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