« WRGO Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

“Michael Rivero of What Really Happened, Wrote the Best Explanation I have Seen Anywhere of Why the Banks are Getting away with FRAUD!

By: capt_nemo in WRGO | Recommend this post (0)
Fri, 21 Dec 12 8:54 PM | 501 view(s)
Boardmark this board | Reality news,,,,,,,,
Msg. 02155 of 18626
Jump:
Jump to board:
Jump to msg. #

What happened is simple. Congress members were invested in the Wall Street Firms behind the Mortgage-Backed Securities Fraud; the biggest financial swindle since the Great South Seas Bubble of 1721. Congress passed an $8000 first-time home-buyer credit to lure more suckers into the scam, to front load the fraud with fresh mortgages of questionable worth, and raked in huge profits from the “tulip mania� sales of the MBS.Then the scam fell apart.

http://beyond2012zeitgeist.com/michael-rivero-of-what-really-happened-wrote-the-best-explanation-i-have-seen-anywhere-of-why-the-banks-are-getting-away-with-fraud/




Avatar

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




» You can also:
« WRGO Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next