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Forum Post: Mortgage Bailout: Election Timed Ploy -Too Little / Too late

Posted 2 years ago on Feb. 10, 2012, 11:33 a.m. EST by oureyeswideopen (7)
This content is user submitted and not an official statement

Obama is just a tool of Wall Street, as much a Corporatist as Romney, only with sweeter Rhetoric!

Something on the level of ten times this action was needed 3 years ago!

Occupy LA Video Clip:

http://www.latimes.com/business/la-fi-mortgage-people-20120210,0,7313609.story

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[-] 1 points by mvjobless (370) 2 years ago

The mortgage bailout was done purely to help the banks move on their seizures of property. What it did was clarify what they needed document wise, since they were caught with their robo signing shenanigans which cast a shadow on them and made them stop their activities last year. Now they have a go.