Obama and the Banks Near a Deal on Mortgage Forclosure Frauds

Obama’s at it again. It appears as though Wall Street’s president is going through the motions of trying to look like a champion of the people during his reelection run. He’s negotiating with the banks about the forclosure frauds they’ve been engaged in. That means the banks will come off smelling like a rose, and Obama will get their campaign donations. Of course, Obama will want to look tough with the banks, so he’ll puff out his chest and say, “I made them pay,” even as they don’t pay much.

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