Monday, October 11, 2010

Bank Disinformation III: Obama Throws Weight Behind Banks, Housing “Market” Over Borrowers

Yves Smith of Naked Capitalism—who is really very good even though I wouldn't have guessed it from her conventional white-bread appearance—is all over the foreclosure crisis. She was of the people who unearthed and publicized it in the first place.
Team Obama is so predictably bank friendly that it was inconceivable that the Administration would ever decide against them on anything other than the occasional sop to maintain plausible deniability.

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