Showing posts with label progress. Show all posts
Showing posts with label progress. Show all posts

Friday, October 22, 2010

New York Court Orders New Foreclosure Vetting, are you fucking serious.

On Wednesday, New York’s top judge said banks will now be required to affirm that documents filed in support of foreclosures are accurate. Judge Jonathan Lippman of New York State Court of Appeals said the requirement is the first of its kind nationwide.



What the fuck.Is it really only now that it has dawned on us to require banks  to "affirm" that documents filled in support of foreclosures are "accurate"? Excuse me. Its is only now that a judge has made this brilliant decision, what the hell was it before? I think this an illuminating reflection of our times, when the decision to check for accuracy in foreclosure is news, not outrage and embarrassment.  I guess, previously banks did not have to have accurate documents, and this wasn't news worthy; before banks and the state took homes from families and individuals with any old document (we all know people aren't punished unless they are doing something wrong). But now, now we have evolved, thank god, for enlightened ideals....the United States is always on the cutting edge of progress. Ya fucking right, more like the bleeding edge--thank you tea party and Dixiecrat. Now, on October 22 20(fucking)10 have decided accuracy is a worthwhile requirement for house stealing. mmm i love progress.

this is why

Wells Fargo: Foreclosure Practices "Sound and Accurate"

In related news, the banking giant Wells Fargo has again dismissed calls to review its foreclosure practices. On Wednesday, Wells Fargo issued a statement calling its procedures "sound and accurate." Wells Fargo has faced scrutiny after a company vice president said she had signed as many as 500 foreclosure documents in a two-hour span without reviewing them nor even understanding what she was signing. Wells Fargo issued the statement as it reported a third-quarter profit of $3.3 billion, the best quarter in its history.

Monday, August 9, 2010

The Nation: We Have Yet to See The Biggest Costs of the BP Spill

Raj Patel
We’re almost at the happily-ever-after stage of the Gulf oil spill story. The well has been killed, the beaches are being scrubbed and wicked Tony Hayward has been banished to Russia. All that’s left now is for BP to make good on the damage it has caused. The company has set aside $32 billion to meet its liabilities, while doing everything in its power to keep the damages below that figure. But even if it has to pay the full price, it will have won one of the biggest bargains in corporate history. BP’s true debt is far higher than any of the figures that have been floated to date. The biggest costs to the Gulf have yet to be seen.
It was clear early on that BP was as committed to engineering the public perception of the spill as it was to cleaning it up. Soon after launching its clean-up operation, BP banned photographers from taking aerial shots of the slick, citing “safety precautions.” Similar methods continue to be used to prevent media access to key sites, and in its own press releases, BP has doctored photos to make its clean-up efforts appear more strenuous.

Monday, July 19, 2010

BACK TO THE BUSH YEARS:

The one thing Republicans have made clear is that they're yearning for the good ol' days of President Bush. Cornyn recently told C-SPAN that Bush's "stock has gone up a lot since he left office. ... I think a lot people are looking back with more fondness on President Bush's administration, and I think history will treat him well." They are also clinging to the notion that the government can cut taxes and not offset the spending -- despite all their deficit-cutting rhetoric and criticisms that Obama is "spending trillions of dollars we do not have on things we do not need." Showing that he is a deficit fraud, Sen. Jon Kyl (R-AZ) recently said, "[Y]ou should never have to offset cost of a deliberate decision to reduce tax rates on Americans."