"Words that make actions speak louder."
Foreclosure fraud is ruffling a lot of feathers on Wall Street, and while the full scope of losses remains unclear, even major banks are now acknowledging that this is a multi-billion-dollar disaster, not just a set of minor paperwork headaches. So how bad will it get for Wall Street? There are several disaster scenarios in […]
At the center of the foreclosure fraud crisis lies something called “MERS,” which is usually described in news reports as a computer system and database. But a thorough review of the company’s publicly available documents show it’s much more than that. We reviewed hundreds of pages of bulletins, newsletters, and manuals, along with PowerPoint presentations, […]
Editor’s Note: This is the last in a series of “Making Sense” fact sheets on key economic issues to help you win the debate on the core issues facing middle-class families. Each fact sheet contains information, talking points and resources you can use to make the case for progressive policies. Earlier: Curbing Wall Street, Social […]
Editor’s Note: We’re publishing a series of “Making Sense” fact sheets on key economic issues to help you win the debate on the core issues facing middle-class families. Each fact sheet contains information, talking points and resources you can use to make the case for progressive policies. Earlier: Curbing Wall Street, Social Security, clean energy […]
Jamie Dimon and the other mega-bankers who derailed the economy have a new PR campaign to sell you. They’re saying that families who can’t pay their mortgages must bear the blame – all the blame – for the foreclosure crisis. That means the public should just ignore banks’ widespread lawbreaking in the registering and transfer […]
Populist Anger And The Midterm Elections View more presentations from OurFuture.org. There are still ways for progressive candidates to win the support of working-class, blue-collar candidates, even in today’s particularly hostile campaign environment, according to polling research Celinda Lake has presented to the Campaign for America’s Future. The key, Lake said in a briefing for […]
Editor’s Note: We’re publishing a series of “Making Sense” fact sheets on key economic issues to help you win the debate on the core issues facing middle-class families. Each fact sheet contains information, talking points and resources you can use to make the case for progressive policies. Earlier: Curbing Wall Street, Social Security and Clean […]
Editor’s Note: We’re publishing a series of “Making Sense” fact sheets on key economic issues to help you win the debate on the core issues facing middle-class families. Each fact sheet contains information, talking points and resources you can use to make the case for progressive policies. Last week: Curbing Wall Street and Social Security. […]
The foreclosure fraud scandal is a big deal (or a big “effin’” deal, as Joe Biden might say). But its real significance is an even bigger deal. Foreclosure fraud is one domino, and if it falls others will follow. The result could be an end to the “invisible bailout” – the one you never hear […]
If senior White House adviser David Axelrod’s comments this weekend are any indication, the Obama administration is woefully misreading the foreclosure fraud crisis currently gripping the U.S. economy. Axelrod refused to commit the administration to a national moratorium on foreclosures, and mischaracterized a massive, systematic fraud perpetrated by Wall Street banks as a set of […]