When Banks Are the RobbersPosted on Oct 19, 2010By Amy GoodmanThe big banks that caused the collapse of the global finance market, and received tens of billions of dollars in taxpayer-funded bailouts, have likely been engaging in wholesale fraud against homeowners and the courts. But in a promising development this week, attorneys general from all 50 states announced a bipartisan joint investigation into foreclosure fraud.Bank of America, JPMorgan Chase, GMAC and other big mortgage lenders recently suspended most foreclosure proceedings, following...
Thursday, 21 October 2010
French Demonstrations Mark the End of an Era
French Demonstrations Mark the End of an EraPosted on Oct 20, 2010By William PfaffPARIS—The plethora of unwanted strikes and student and youth unrest in Western Europe is a morbid condition.Speaking medically, plethora is an overabundance of blood in the body, connected with the choleric temperament that medieval physiology described. The word “colere” means anger, fury, in French. The rest of the Western world has other words to match.It is not pension claims that are driving the current political uproar. It is popular fury at the people who created...
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