Skip to main content
Foreclosure Defense Florida

THE FRAUDCLOSURE CRISIS- BLAME IT ON THE BORROWERS!

There was a time not so long ago when most people in this country blamed the borrowers for the financial crisis this country is in.   The Fraudclosuregate crisis is a microcosm of the much larger economic problems this country faces.   Sure, many of the borrowers were part of the problem, taking out larger loans than they could afford, but what we all need to focus on is the fact that while on one side of the table borrowers were accepting checks they could not afford, the bankers on the other side were pushing, forcing, coercing these borrowers to accept loans that were doomed from the beginning.

The United States Senate Committee on Investigations Report on the financial crisis documents, in excruciating detail, how the Wall Street players conspired to take advantage of consumers while every level of our government sat aside and allowed the Wall Street beasts to take over Amerika.

The Wall Street Wizards profited handsomely while the rest of the country paid to bail them out….

Palm Beach Post