The Great Foreclosure Robbery Of The 21st Century

By Robert Singer

The Center for Responsible Lending estimates that there have now been 1,000,000 foreclosures filed so far in 2009 and the group expects the foreclosure number to double before the end of the year.

U.S. Home Vacancies Hit 18.7 Million on Bank Seizures (Update2) [1]

Thanks to our controlled and uncontrolled media, we know when you take the derivative of the foreclosure crisis you get those greedy predatory lenders at AIG, Goldman Sachs and Bank of America plotting to steal our tacky (I mean tract-y) houses.

Conventional wisdumb and the media always blame the usual suspects and FOX News wraps it up: “It’s the age-old Wall Street vs. Main Street smackdown again”

Is this foreclosure for profit?

Read the rest at the Marketoracle

The Great U.S. Housing Market Foreclosure Robbery Of The 21st Century

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