Do you remember when you were a child and your parents told you that sometimes going to the doctor meant feeling some pain, but that was the best way to get well the fastest? Iceland followed the adult path after their own financial crisis; they took the pain like adults, and now they are getting [...]
...and are they using recycled taxpayer money? Is it really this easy to connect the dots? Courtesy of John Lohman, shamelessly ripped from Zerohedge (click on the image for a full size pic): So where did they get the money? Why, maybe from you! Goldman's share of AIG bailout money draws fire Suspicions of potential [...]
...and, of course, more taxes, because someone has to pay for all of this borrowing, you see. You debt slaves out there aren't deep enough in it yet. I can still see the tops of some of your heads. How the hell do you expect us to do a thorough asset-stripping if you still have [...]
From WaPo Some of the nation's largest mortgage companies used a single document processor who said he signed off on foreclosures without having read the paperwork - an admission that may open the door for homeowners across the country to challenge foreclosure proceedings. As head of Ally's foreclosure document processing team, 41-year-old Jeffrey Stephan was [...]
