The Mudcat Café TM
Thread #140645   Message #3235293
Posted By: Bobert
07-Oct-11 - 09:22 AM
Thread Name: BS: Wall Street Protesters...
Subject: RE: BS: Wall Street Protesters...
So many people have lost their homes as a result of the Reaganomics melt-down that home ownership, according to NBC this morning, has now dropped to percentages not seen since the Great Depression...

BTW, here's how the ballgame is working:

Bank forecloses > rich people buy (steal) house > rich people rent house to working class = more shift of wealth to the rich...

That's happening across the country... Millions of homes have been and continue to be gobbled up by the drowning-in-cash-rich... And for 50 cents on the dollar... Don't believe me??? If you know any "honest" broker who will tell you the truth ask him or her...

The rich never cease to amaze me on just how creative they can be to cheat the working class...

B~