Foreclosure is Fascim- The Government Conspires With Banks To Steal Homes (but only 90,000 of them)

The fundamental understanding of the American government, as clearly demonstrated (over and over) again in the context of foreclosure and bank crimes in general is that the entirety of the United States government, federal, state and local exists to protect, defend and indeed promote Wall Street and corporate interests.
Even in the face of gross and systemic crimes, all of US government is falling over themeselves to reward the banks that caused so many problems and engaged in a wanton and reckless crime spree.
The settlements are not evidence of consequences for the banks but are merely evidence of the fascism I identify….the fusion of the corporate and the state interest such that the state does the work of the corporation….the citizen be dammned.
Read what David Dayen wrote in Salon:
The absolute least Americans can hope for from a major government settlement with a large industry over well-documented crimes is that the industry wouldn’t, after signing the settlement, just continue to commit the same crimes day after day. After all, following the tobacco industry settlement, cigarette makers did manage to stop advertising to teenagers that their product had no medical side effects.
But new evidence reveals the nation’s largest banks have apparently continued to fabricate documents, rip off customers and illegally kick people out of their homes, even after inking a series of settlements over the same abuses. And the worst part of it all is that the main settlement over foreclosure fraud was so weakly written that it actually allows such criminal conduct to occur, at least up to a certain threshold. Potentially hundreds of thousands of homes could be effectively stolen by the big banks without any sanctions
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