Asleep at the Switch…

Well, it looks like the criminals in the mortgage industry are expecting a little company. This from the new york times:

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Government Intensifies Mortgage Investigation

Published: May 5, 2008

Federal agencies are intensifying a criminal investigation of the mortgage industry and focusing on whether some lenders turned a blind eye to inflated income figures provided by borrowers.

The Federal Bureau of Investigation and the criminal division of the Internal Revenue Service have formed a task force to examine mortgages that were made with little or no proof of the earnings or assets of borrowers, a government official who had been briefed on the matter said Sunday.

The group also includes federal prosecutors in New York, Los Angeles, Philadelphia, Dallas and Atlanta, said the official, who spoke on the condition that he not be identified.

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Time to bring out the wrist slapping judge. NOW the irs and fbi are on this, NOW? It’s a bit late I think. SONOFABUSH! The robbery has already taken place. The truth is, the lawlessness of the corpaRATeers and is well documented. This kind of thievery has been taking place for over a century. The subprime mortgage scandal is just the latest. We need make MAJOR changes to how our government and economy are run. Such change can’t come from the dems or repubs. They are rooted in the self same corruption that leads to these failures. Here’s a hint:

Yes, it’s our old enemy the crooked eeeeeeeeee. This out of control company is a perfect example of how the criminal corporations screw us. They con us and rob us blind. THEY BUY MEMBERS OF OUR GOVERNMENT WITH BRIBES er, um “campaign contributions” then write legislation that their bought and prayed for politicians get passed on us like a kidney stone. This is done while they trickle down on us in the worst way. Then they use this ilk:

To sell us their latest larcenies as good for us. When it all blows up, we get a flurry of investigations, followed by nobody doing any hard time. The corporations are often required to pay poultry fines, but the thieves in charge never suffer at all. This is why, since the corporation was created, we get scandal after scandal. IT’S HIGH TIME THE corpoRATeers start doing some jail time for their crimes!

The two parties of the apocalypse are in cahoots with each other and with their friends, the corpoRATe criminals. WTF!? when are YOU gonna wake up?

There is only one candidate for president that will fix what’s wrong with our government and economy:

VOTENADER.ORG

The Telepathic Crickets on the ClapSotronics editorial board and I are tired of seeing the economic and political criminals get off scott free!

The scientifically impossible I do right away

The spiritually miraculous takes a bit longer

~ by ClapSo on May 6, 2008.

One Response to “Asleep at the Switch…”

  1. Humm makes me want to look into things before buying a place…
    But how about rent being over charged and renters not being protected and finacialy stuck in some hell hole that is not their own?

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