WALL STREET OCCUPATION GAINS MOMENTUM, SUPPORT AND DRAWS FROM ACROSS ALL POLITICAL SPECTRUMS

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Slowly, the media is catching on to the fact that something remarkable is happening on Wall Street. The little known occupation of wall Street with its “we are the 99%!” manifesto is catching the attention of all sorts of people who are joining ranks with the leaderless group. It’s like a flash mob in slow motion and the people who are joining are not just foreclosure victims, whom everyone seems to want to blame for this crisis. It’s not so much about foreclosure as it is about the banks.

These people are protesting against the banks. And everyone from Tea Party to liberals are coming, in small numbers, but growing numbers. The one unifying force here is that people dislike the banks that created our economic, governmental and social mess and they are angry that the banks are not being held accountable for it, while taxpayers take it on the chin for the bailout, the declining economy, lack of jobs and government missteps all along the way.

The growing recognition is that it is the banks who are the deadbeats looking for a free ride, not the homeowners and consumers who were trapped into crazy deals that could not be understood by a PhD.

Tags: bankruptcy, borrower, countrywide, disclosure, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, LOAN MODIFICATION, modification, quiet title, rescission, RESPA, securitization, TILA audit, trustee, WEISBAND
Posted in bubble, Corruption, Eviction, securities fraud |