Voters are responding to the presumptions by Judges that all victims of foreclosures are deadbeats who deserve to be punished. Diana Lewis is the first casualty that I have heard about. Steamrolling over borrowers in the context of fraudulent loan closings, fraudulent assignments, and fake paperwork is producing a backlash — and not just from people in foreclosure. As I have repeatedly warned, people who are not in foreclosure are getting hit with the consequences of bank misconduct. Everyone has lost value in their single most important investment — their home. Over $10 Trillion has vanished from middle class wealth and gone straight to the banks.
As I have said before, this is an example of what most politicians are missing — if you are not running against the Mega banks, you will be seen as being bought by them. If you do run against the Mega banks you will strike a live nerve in voters across the political spectrum. And if you run against the banks, you will tap into sources of contribution that won’t compromise you once you get into office.
Think about it.
And don’t believe the myth that the banks are propagating that the foreclosure crisis is over. It is all lies:
Filed under: foreclosure