When The Government Compounds Crimes Rather Than Fights Them: Mortgage Fraud

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https://www.commondreams.org/view/2014/03/15


A protester displays a sign during the "Occupy DC" protest in Freedom Plaza in Washington, DC, on October 6, 2011. (Jewel Samad/AFP/Getty Images)

We were all victims of the financial crisis that began in 2007 (not 2008) but some of us suffered more than others. And, hundreds of millions of us are still living with the painful aftermath as its consequences began to be felt worldwide.

The first order of business in Washington back then was to bail out the victimizers, who have done quite well, thank you very much, in rebuilding their citadels of profit.

They were only marginally impacted by some fines that were finally assessed in lieu of jail sentences.

That money was paid by the financial institutions, and their shareholders, not by decision-makers who were never held accountable. It was written off as a “cost of doing business” just as fraud became a way of doing business.

[RKP5637]

1. Often those supposedly working to fix the problems are part of the problems, hence

problems are compounded ... and those disadvantaged are swept out of the way.