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Forum Post: BS that People Bought Homes They Could Not Afford and They Caused Financial Disaster

Posted 6 years ago on Oct. 15, 2011, 7:55 p.m. EST by FedWallFedWellFedUP (183)
This content is user submitted and not an official statement

Make no mistake...Wall Street Derivative Schemers were aided by The Federal Reserve Banks and pushing homes into Foreclosure. This is a crime against humanity.



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[-] 1 points by convertiblecaddy (89) 6 years ago

Damn right

[-] 1 points by IndenturedNation (118) 6 years ago

It was outright theft and it continues. No one is responsible, no one is held to account. All responsibility and accountability is covered up in our system. Try to even say something about it with your face in public and get arrested as so many in the OWS movement have. We have to resort to anonymous blogs. This is not a free country it is an indentured nation. America the Gulag.

[-] 1 points by deepthroatloan (38) 6 years ago

Yes it is. Most people who are seeking help to get help with their mortgage payments could afford their homes when they bought them, but were self employed and their businesses have suffered to the point where they can't afford it any longer. Or they got sick and had to take time off of work unpaid, or they have so many medical bills they can't keep up, or their hours were cut, their pay was cut, their expenses have gone up dramatically. Having said that there are also a lot of people who think they are entitled to help just because their neighbors are getting it and they just don't get it.