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Lents defense

Posted by Anonymous (not verified) on Monday, 25 October 2010

If, as Balzac said, behind every great fortune there is a crime, what lies behind a plutocracy? The corruption of an entire political-economic system?
As some may notice, the foreclosure story is growing larger, not smaller, with time.
Badlands Journal editorial board
10-21-10
Bloomberg.com
How Joseph Lents Dodged Foreclosure for Eight Years and Started a Movement
By Peter Coy, Paul M. Barrett and Chad Terhune

Private fraud, public force

Posted by Anonymous (not verified) on Thursday, 21 October 2010

It's a win-win/public-private partnership.
In our attempt to keep focused on the real issue as the airwaves and the postlady's pouch are filled with distractions and irritations, the bad mortgage undertow is getting stronger with time. Will the elections matter on this issue? According to Open Secrets, the Republican candidate for the 18th congressional district also received a nice, fat check from the National Association of Realtors ($10,800).
Badlands Journal editorial board

"It's called plutocracy"

Posted by Anonymous (not verified) on Tuesday, 19 October 2010

Karl Rove visited UC Merced recently, at the invitation of the campus Republicans. It is hard enough to imagine a UC student as completely subsidized as these are by the faded ideals of a once proud, rich and generous state being so ignorant and stupid that they would make such an idiotic invitation. But, on the other hand, UC is no longer, strictly speaking, that great product of those great, faded ideals, which last saw the light of day when Jerry Brown's father was governor. Today, UC has been absorbed by corporations.

Pimlico Kid -- the realtors' own

Posted by Anonymous (not verified) on Sunday, 17 October 2010

 
...at least the part not already owned by bankers, sugar-beet growers, dairy processors, etc.
10-16-10
Merced Sun-Star
$ 600,000 donated to Cardoza...MICHAEL DOYLE, Sun-Star Washington Bureau
http://www.mercedsunstar.com/2010/10/16/v-print/1613029/600000-donated-to-cardoza.html
WASHINGTON -- Real estate and hospital interests are pouring more than $600,000 into a campaign to re-elect Rep. Dennis Cardoza, D-Merced.

50 state attorneys general launch mortgage foreclosure investigation

Posted by Anonymous (not verified) on Wednesday, 13 October 2010

I read the news today oh, boy ...

White House press secretary Robert Gibbs said Tuesday that the administration supports a multistate investigation. But he reiterated that the administration is wary that a freeze could cause "broader harm done to the housing market and to the housing recovery."
That view is in contrast to other Democrats who have called for a national moratorium on foreclosures. -- Washington Post, October 13, 2010

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