The folks at Freddie Mac are up to it again. I thought they were supposed to give out home loans to deserving borrowers, but apparently, the company has an investment arm. You won’t believe how many billions of dollars it has invested all over, but especially in things that want to keep homeowners buried under a mountain of debt.
Posts Tagged ‘propublica’
Freddie Mac Is Betting Against Homeowners
Posted in Uncategorized, tagged Freddie Mac, investments, propublica on Jpm1000000pmTue, 31 Jan 2012 14:48:01 -080012 10, 2010| Leave a Comment »
The Rigged Game: Corporate America and A People Betrayed
The Rigged Game: Corporate America and a People Betrayed
Wall Street is up to no good, and has been since 1980, when it took over the Republican Party, and then the Democratic Party in 1994. Income has been massively redistributed from the 99 to the 1 percent via legislative scam after scam, from tax cuts for the rich to international income redistribution schemes falsely labeled as trade agreements. In The Rigged Game, John Hively exposes how this has all come about starting with a revolutionary, but simple reality, all recessions begin in the financial markets.
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