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Politics : Politics for Pros- moderated
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To: FJB who wrote (403968)1/13/2011 5:46:32 PM
From: MJ1 Recommendation  Read Replies (2) of 793991
 
The middle class is about to be wiped out by the global banks. The majority of foreclosures are happening to people who are 50 and older in the USA.

This is more of the Obamacare-non-care----the banks receive substantial fed monies as I understand to push through the Obama MHA programs with few people qualifying based upon the Obama parameters that control the market. In other words the MHA process is profitable for the banks but not for homeowners.

This is the slow euthanasia of people-----50 and older---rather than keep them in their homes they are becoming the new homeless.

Ah, but then they can be given a little room as in the Communist countries----with big brother watching-----and then bring in Obamacare-non-care.
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