Abigail C. Field: No, the Latest Bailed-Out Bank Giveaway Won’t Help Housing

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Abigail C. Field: No, the Latest Bailed-Out Bank Giveaway Won’t Help Housing

Abigail C. Field: No, the Latest Bailed-Out Bank Giveaway Won’t Help Housing

Abigail C. Field-

It’s incredibly important that you–voters–understand that you are being lied to right now by your Federal Government and Team Obama.

Today a still secret deal will be announced and signed by the Bailed-Out Banks (B.O.B.s), our Federal Government, and an unknown but probably tragically high number of states attorneys general. You’ll hear this deal called a “Robo-signing settlement”, though it’s impossible to see how it can end the fraudulent manufacture of evidence by creditors in foreclosure cases. You might also hear it called a “mortgage servicer settlement”, because the B.O.B.’s conduct while wearing their mortgage servicing hats is supposedly the focus of the deal. But here’s how it should be known: The United States’s Latest Lavish/Slavish Gift to the Bailed-Out Banks Settlement.

[REALITY CHECK]

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