Deficit | FORECLOSURE FRAUD | by DinSFLA

Tag Archive | "Deficit"

SUE THE BANKS: Deficit tied to foreclosures

SUE THE BANKS: Deficit tied to foreclosures


Simple solution for each and every state that was destroyed by using MERS alone.

Michigan Citizen-

If you believe the status quo media reports and some state officials, the city of Detroit has exhausted all of its options to erase its mounting budget deficit. The only solution, according to Gov. Rick Snyder and State Treasurer Andy Dillion, is imposing an emergency manager.

The city, according to some legal experts, has another possible course of action: Suing the banks to recoup revenue losses caused by fraudulent lending practices.

Since the onset of the nationwide home foreclosure crisis, several cities have challenged the banking industry in court. In most cases, the goal was to establish a direct link between bank-led home foreclosures and municipal budget deficits. The efforts have largely failed thus far.

[MICHIGAN CITIZEN]

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Billions Meant for Struggling Homeowners May Pay Down Deficit Instead

Billions Meant for Struggling Homeowners May Pay Down Deficit Instead


The screwing of homeowners just don’t quit!


by Lois Beckett
ProPublica, Aug. 25, 2011, 3:28 p.m.

With housing prices dropping sharply, and foreclosure filings against more than 1 million properties in the first half of this year, the Obama administration is scrambling for ways to help homeowners.

One place they won’t be looking: an estimated $30 billion from the bailout that was slated to help homeowners but is likely to remain unspent.

Instead, Congress has mandated that the leftover money be used to pay down the debt.

[ProPUBLICA]

© 2010-15 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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Dylan Ratigan, Mad as Hell: His Epic “Network” Moment

Dylan Ratigan, Mad as Hell: His Epic “Network” Moment


[DYLAN RATIGAN]

We’ve got a real problem…this is a mathematical fact. Tens of trillions of dollars are being extracted from the United States of America. Democrats aren’t doing it, republicans aren’t doing it, an entire integrated system, banking, trade and taxation, created by both parties over a period of two decades is at work on our entire country right now.


© 2010-15 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
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