• February 13, 2012

foreclosure

The first reaction most decent people will have when seeing these pictures of last year’s Halloween costume party at the foreclosure mill law offices of Steven J. Baum is overwhelming disgust and nausea, followed by an overwhelming desire to storm these offices on Monday and “make an example.” But the employees of Steven J. Baum [...]

Libya, wherever that is, is costing America $1.1 Billion, just for the summer. At least $716 Million has already been thrown at Libya in the form of bombs. Somewhere, we’ve also got this figure that shows the Obama Administration has spent $2 Billion of the nearly $50 Billion budgeted and set aside to help people [...]

The U.S. economy will continue to be terrible, as far as jobs and housing and state tax revenues, as long as the Housing Crisis continues. And, based on today’s news and basically all housing news for several years now, the collapse of the Housing Bubble is an ongoing catastrophe — with prices still falling, terrible [...]

Oh good gravy, one of those celebrity teevee shows has an EXCLUSIVE video of somebody walking around while Bristol ‘n Tripp show off the empty foreclosed Arizona exurban cotton-field end-of-the-highway stucco box that she bought with CA$H because people have given her hundreds of thousands of dollars for managing to get pregnant as a teenager [...]

Nothing else legal is as evil as the American Housebuilding Industry. Pretty much everything wrong with this country — from the oil wars it fights abroad to the morally crippled exurban old people at Tea Party rallies to their unwanted adult children living in squalid fourth-ring apartment complexes on a diet of SSI and methamphetamine [...]

America’s favorite recently-married orange Floridian, Governor Charlie Crist, had to quit the Republican Party because the teabaggers didn’t want him to be the new U.S. senator. Why do teabaggers hate Republicans so much? Doesn’t matter! Charlie now has a healthy lead in the three-way or four-way race for Senate, while dumb wingnut Marco Rubio is [...]

Remember the Housing Bubble and the gazillion bullshit mortgages that caused the entire global economy to collapse and send us into a terrible World Depression? It’s still going down! The housing crash, that is — one in eight homeowners is now either in default or in foreclosure, a new record!

NATION OF UNDERWATER HOMEOWNERS: According to some estimates, about 20 percent of people with mortgages owe more on their homes than what they’re actually worth. Your mileage may vary depending on whether there are a lot of foreclosures in your area, because fire-sale pricing will naturally depress surrounding home values even more than just a [...]

America might be busy ejaculating in its collective pants about the end of Racism and the beginning of Hope, but that doesn’t stop our nation’s bankers from the very important work of booting the elderly from their homes. That’s right, our mortgage-foreclosure-housing-bubble crisis marches on, and it looks like the next stop on the hobo [...]