BILL MOYERS JOURNAL | Mortgage Mess | PBS
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January 8th, 2009 at 20:59:52 Very informative video. I took some notes on the video and how it was done. I gave it 5 stars. Check out our vids and tell me what you think? We have some good stuff also.
January 8th, 2009 at 21:22:51 How sad!!! the people who have made the money creating this mess runaway with their reward leaving taxpayers to pay for clean-up. This is what happens when there is no regulation of the banking institutions.
January 8th, 2009 at 21:45:50 Banks cannot fail if the US Gov keeps supplying them with liquidity. This is creating tremendous inflation we are going to feel once the banks begin lending the money away.
January 8th, 2009 at 22:08:49 I know people who took out the loans are also responsible...for taking up offers that were too good to be true. The concerned local government should have seized upon the idea of warning people about predatory lending as soon as the epidemic reared it's ugly head. They should have used billboards, radio, TV, whatever...educating the unwary is key.
January 8th, 2009 at 22:31:48 He is right we don't need a bail out! IF YOU FEEL THE SAME WAY AND WANT REAL SOLUTIONS TO THIS CRISIS GO TO MY CHANNEL AND CHECK OUT SOME OF MY VIDEOS
January 8th, 2009 at 22:54:47 Incredible!!! the incompetents at the Fed that raised the discount rate 300% in 24 months debating with the people that hired them (Congress), both pointing fingers at the cause of this mess? We don't need a bail out; we need a vehicle to sue these clowns for malpractice. A loan that worked fine for 20 years is suddenly a predatory loan because the Fed, not the bank, raised the rate? The problem wasn't a lack of regulation but that it was regulated by Congress and their creation-the Fed
January 8th, 2009 at 23:17:46 very informative! now what?
January 8th, 2009 at 23:40:45 Why the fuck bail out the banks?
January 9th, 2009 at 00:03:44 organizations like the nwbccc in the bronx have targeted orgs. like freddie mac since the 70s for their preditory, irresponsible behavior. it is sad to hear this spoken as "new news" when in fact, the problem is so new and we are all - in some way - in collusion with these folks. our deal searchin, credit usin, no saving chickens are coming home to roost. makes jersey mob loansharks look like gupies.
January 9th, 2009 at 00:26:43 welcome to the new world order
January 9th, 2009 at 00:49:42 this makes me so angry...i can't believe they knew..since 2001..obviously now we know the legislation is in favor of the ELITE SCUM THAT WANT TO MAKE MONEY AND GRAB LAND EVIL BASTARDS
January 9th, 2009 at 01:12:41 God bless you. Exactly.
January 9th, 2009 at 01:35:40 THEIVES in GOVT backed by THUG GOON POLICE on street.
January 9th, 2009 at 01:58:39 The answer to your questions that the Fed is the Congressional ATM machine. It prints on demand, and it is stocked with an endless supply of paper. That way they can show you how much they "care" and solve all your problems for you so you can go back to watching the Simpson's and American Idol, and report to your job to pay for your "American Dream" of owning a home (which the bank really owns). watch?v=hn5EP9StlVA
January 9th, 2009 at 02:21:38 Thankyou my friend for sending me this important video. A true cancer indeed. I don't understand it.
January 9th, 2009 at 02:44:37 A brilliantly done chronicle of the mortgage crisis debacle! The lenders are scandalous!
January 9th, 2009 at 03:07:36 Please note the preditor, government still demands property tax yet not a mention of this theft of private property. It is time for people to stand up to these evil scum.
January 9th, 2009 at 03:30:35 Please ask yourself why this country lets a private Federal Reserve bank create money that has no real value out of thin air then lend this valueless money plus charge an intrest rate to our Federal Government, thus creating a fictious debt which is used to justify tax (stealing from the people time and effort) to pay this phony debt. Declare your freedom divorce fiat money reject government theft, plant a garden, fish, hunt. Discover your humanity, reject the New World order. God Bless.
January 9th, 2009 at 03:53:34 2 million foreclosures as I type this and another 1 million people laid off by the end of the year could double that figure Police state USA. The police support the state, evict tenants, fine people, arrest complainers and put them in the prison colonies. Can you spell False Flag? Can you say FEMA labor camps? Can you say Fascist Capitalists Stupor Patriots blaming the poor for being weak and allowing the criminals to take advantage of them. The way they were dressed they were asking for it
January 9th, 2009 at 04:16:33 This is certainly a tragic situation for millions and it appears to be spreading like a cancerous tumour. It would be interesting to see statistics from other States - as I feel this is being downplayed big time.
January 9th, 2009 at 04:39:32 Empty houses, people without jobs, gas outrageous,food at a max...crime will go up, the police forces are going down...families with children to care for and can't & over $3. trillion spent on an ill advised war. But Big Business wants another republican in? W_H_A_T??????
January 9th, 2009 at 05:02:31 Place leans on the property for demolition , cleaning and taxes then foreclose on the leans and sell the property.....
January 9th, 2009 at 05:25:30 Too easy, attach cleaning fees, demolition fees and any other fees you can on the property. Foreclose on the property for the non-payment of the leans and taxes and then sell the property .
January 9th, 2009 at 05:48:29 Too easy, charge a Cleaning Fee, Demolition Fee and anyother fee you can on the property, Attach leans and then forclose on them...then aution of the property.
January 9th, 2009 at 06:11:28 If the American people ever allow private banks to control the issue of their currency, first by inflation then by deflation, the banks and the corporations will grow up around them, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. Thomas Jefferson