Maddow Show: Matt Taibbi on Foreclosure Crisis...

[Hissyspit]

"EVERY SINGLE foreclosure case I saw had bad paperwork."

[proud2BlibKansan]

1. Just saw that

My mouth is still open.

[givemebackmycountry]

2. They stole - they flat out stole and they KNOW they will not be punished.

And under WHAT administration did these thefts take place under?
Care to guess?
Anyone?

And to think the executives all got bonuses for stealing the country blind.

[phasma ex machina]

3. .

[GreenPartyVoter]

5. Exactly!

[Bozita]

6. That toon is perfect ... and deserving of its own thread!

Ask the folks to caption it.

I'm betting you'll get some real DUzies.

[Swamp Rat]

4. k&r

[soryang]

7. Once "free trade" and outsourcing failed...

...Wall Street had nothing left but outright fraud and larceny to address the balance of payments crisis. That is how Bush and now Obama is covering up the terminal crisis of global sweat shop economics embraced since Reagan.

The next step is depression and then unlimited war; all the stopgap measures to redress the current account crisis have failed.

[phasma ex machina]

8. "unlimited war"

It's sickening how America's violent culture accepts war as a remedy for economic troubles. Some seem to gleefully await open conflict with Iran, China, North Korea...

:puke:

[soryang]

9. The war machine ultimately demands everything for its purpose

Russia and Germany had similar problems in the thirties. Ultimately the war machine reaches a crisis level of developement and crowds out other competing demands except for sovereign rivals. A point is reached where you must use it or lose it, this is forced by the current account and international trade crisis. The metasteses of the war industries and contractor matrix accelerates the commercial trade crisis in a viscious feedback loop. They will be coming for our pigs and chickens soon (austerity) after the internal checkpoints and controls are locked down.