Yves Smith: Corrupt Obama Administration Pressuring New York Attorney General to Support Mortgage Whitewash

Smith at Naked Capitalism ..

It is high time to describe the Obama Administration by its proper name: corrupt .. we have unemployment at roughly 16% if you include discouraged workers, and many “employed” workers are underemployed. The housing market hasn’t bottomed; experts have pushed their hopes estimates from 2011 to 2012. And continued concerns about unaddressed chain of title issues may well impede any housing recovery. Yet rather than address real, serious problems, senior administration officials are instead devoting time and effort to orchestrating a faux grass roots campaign to con a state AG into thinking his supporters are deserting him because he has dared challenge the supremacy of the banks.

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This entry was posted on Friday, August 26th, 2011 at 8:33 AM and filed under Blog Posts, Crime, Economics, Law Enforcement, Legal. Follow comments here with the RSS 2.0 feed. Skip to the end and leave a response. Trackbacks are closed.

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