Quote:
Originally Posted by onwebcam
The next housing shock
April 3, 2011 5:00 PM
As more and more Americans face mortgage foreclosure, banks' crucial ownership documents for the properties are often unclear and are sometimes even bogus, a condition that's causing lawsuits and hampering an already weak housing market. Scott Pelley reports.
Read more: http://www.cbsnews.com/video/watch/?...#ixzz1IbPmfv4u |
Holy shit. I just watched the entire video, it's amazing. The banks have fucked us.
What we need to do is shut down the banks. Seriously. If a bank took part in this, they should be shut down. A few people will loose billions, but lots of of people will get their houses lock stock and barrel.