Another day in the relentless JEWISH WARMONGER's, TREASURY LOOTERS, and FINANCIAL SWINDLERS (aka "Neo-Cons") war on American households and the American economy, this time doing a back-door legalization of Big Bank's ILLEGAL and FRAUDULENT FORECLOSURE tactics.
America's treacherous Jewish political bullies, financial swindlers, and debt-slavery economy wreckers: WORKING EVERY DAY to MAKE AN HONEST MAN of Adolf Hitler's early 1930's "anti-semitic" Nazi propaganda and "Jews are fifth-column traitors" stereotypes...
Even so-called "liberal" JEWISH SENATORS like BARABARA BOXER and RUSS FEINGOLD, and Florida Congressman Alan Grayson, have been QUIET about the Fed + Goldman-Sachs + JP Morgan-Chase (i.e. rothschild's) financial larceny and Bailouts FRAUD assault on America's economy - which is the major reason why Feingold and Grayson lost their re-election bids in November 2010.
When even so-called "liberal" Democrats are ENABLING the radical Right-Wing HATE-MONGERING and SCAPEGOATING assault on America - blaming unions, the poor, the sick, immigrants, workers, children, the elderly in need of health care, and other vulnerable groups, for the DEBT that is actually the result of TITANIC LARCENY of the Goddamn-Sachs + JP Morgan led Wall Street swindlers and economy wreckers - then those so-called "liberals' are actually as despicable as the blatant Right-Wing bullies like Joe Lieberman, Newt Gingrich, and Dick Cheney.
Fed Moves To Gut Predatory Lending RegulationAmericans can thank their JEWISH FINANCIAL 'leaders', JEWISH political 'leaders,' and Jewish owned press-media (meyer-graham washington post, sulzberger new york slimes, zuckerman u.s. news & world report, sam zell owned chicago tribune & la times, time/warner/cnn wonsakler brothers hollywood media empire, etc.) for this despicable era of American history, LEGALIZED banker CRIMINAL CONDUCT, FRAUD, and predatory evictions.
The Federal Reserve is pushing a new mortgage regulation that would effectively eliminate the most powerful federal remedy for predatory lending.
The regulation would severely limit a practice called "rescission," used to strike down demonstrably-illegal or fraudulent loan contracts and void a bank's ill-gotten gains from such predatory lending practices. When a mortgage borrower wins a rescission case in court, the bank loses the right to foreclose, and has to give up all profits from interest and fees on the loan. The borrower still has to repay the principal -- the original amount of money extended by the bank -- but can't be kicked out of the house.
Under the Fed's new proposal, however, borrowers would be required to pay off the balance of the loan before the bank loses its right to foreclose -- that means borrowers could still lose their homes, even in cases where banks have broken the law... (cont'd)
(ht mk. here max explains how "Quantitative Easing" and every other tactic used by ruthless financial swindler ben bernanke and his Fed Reserve very private banking cabal - including the above story, the Fed trying to legalize illegal, fraudulent, and predatory evictions - is designed to pour billions upon trillions of dollars into the vaults and bank accounts of the wealthy, who use their looted billions to bid up the price of commodities and assets. Thus robbing the "discretionary spending" dollars out of working class families budgets worldwide, and thus gutting the jobs dependent on that 'discretionary spending.'
Bernanke, Geithner, Obama, and the Democrats, quite the opposite of the Fed's and White House press releases, are actually trying to DESTROY JOBS worldwide, and INCREASE the income inequality divide. Obama and his Neo-Cons - and Republican neo-cons - truly are genocidal bankers, treacherous politicians, and despicable "FIFTH COLUMN" economy wreckers.)