An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Thursday, February 9, 2012
Randy Wray rips the mortgage settlement by state AGs
Read it at Economonitor | Great Leap Forward
State AGs Cave to Banksters
Author: L. Randall Wray
Fraud joins torture and indefinite detention as legal in the US — if you are among the elite, that is. If you are not, you can be indefinitely detained on fraudulent information, held incognito and tortured, with no legal recourse. You thought private property was sacred? Not any more. You can now be fraudulently foreclosed upon with no recourse or remedy.
But it's OK. It's "American exceptionalism" — that is the privileged are excepted from the law.
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