Mortgage Town

Borrowing for the future

Occupy Wall Street and Student Loans

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According to Prof. Chris Coyne, one of the main concerns of the Occupy Wall Street movement is the rising cost of college and student loans. If student loans were forgiven, however, it wouldn’t solve the fundamental problem of costly education.

A government program that forgave student loans would improve the finances of people holding student loans, but it would do so at the expense of taxpayers in America. Many of these taxpayers would fall within the 99%.

Furthermore, by seeking bailouts for student Loans, the Occupy Wall Street movement is fundamentally no different than the banks and corporations that they’re criticizing.

Duration : 0:1:5

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Blitz Says Tighter Mortgage Lending Is Hurting Housing

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Jan. 20 (Bloomberg) — Steven Blitz, an economist at ITG Investment Research, Daniel Alpert, managing director at Westwood Capital LLC, and Stephen Wood, chief market strategist at Russell Investments, talk about the U.S. housing market, increased lending standards at banks and the European sovereign debt crisis.
They speak with Pimm Fox on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)

Duration : 0:15:50

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Joe Stiglitz on Dodd-Frank and the mortgage crisis

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Nobel economist Joseph Stiglitz interviewed by AMERICAblog’s John Aravosis and Chris Ryan in Paris on August 28, 2011. This segment is about the Dodd-Frank banking reform bill and the Mortgage crisis in America.

Duration : 0:4:4

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Mortgage fraud settlement, NY DA says no; The problem is STILL the banks

Mortgage 13 Comments »

The Stench of Truth radio show airs every Friday 7-9PM Eastern time on:

http://www.inceptionradionetwork.com

and

http://www.talkstreamlive.com

http://www.platformforthefuture.com

http://www.tenebroust-thestenchoftruth.blogspot.com

http://www.tenebroust-populistpolitics.blogspot.com

The Stench of Truth (493).mp4
Some background. It may seem like I focus on the republicans and the lunatic right a lot but I have and will continue to call out the democrats for their shill behavior. I was on Obama long before he was the democratic candidate in 2008. One need look at the campaign financing to see that both parties are paid by the same people. Look at Pelosi and Reid bith got big money from “healthcare industry” which is 99% health insurance companies that’s why we have the mis-named “Affordable Care Act” or Obamacare which is a bailout of insurance companies which are wedded to the banks and deep in the fraud of derivatives and the Mortgage fiasco. Under it you are forced to pay too much for a crappy policy that doesn’t cover much. THE INSURANCE INDUSTRY IS THE BIGGEST COST FACTOR BY FAR IN THE WHOLE HEALTHCARE DEBATE. Get rid of them with single payer and you save hundreds of billions of dollars every year. Should the protesters be in Wall Street, Chicago, London to protest the banks or should they be protesting the FED? Wall Street and the banks of course. Why? Because how do you think it works? Do you think Ben and the boys call up JP Morgan and tell them what to do or is it the other way around? The banks are the problem. There is a multistate deal being floated right now which would absolve the banks of any wrongdoing in the mortgage fiasco that led to the depression we are in and the restitution amount is 20 Billion. That is a ludicrous joke. If they say 1 Trillion I’ll start to listen. Schneiderman the DA of NY has bowed out of those talks because he says he wants to air it out and chase the fraud. His office has already been attacked with the outing of a female employee that moonlighted as a dominatrix. If he is serious expect more of this activity against him. Don’t let the banks get away with the largest fraud, theft scheme in world history! For more proof that it is the banks just look at Europe and their so-called “sovereign debt crisis”. There is not a single country that has a debt crisis, they have a bank bailout crisis.

Duration : 0:16:17

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Future Mortgage Crisis in Australia?

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With the RBA dropping rates significantly Australia seems to be avoiding the existing financial crisis, or are we being set up for an Australian Version of the Sub-Prime Mortgage Crisis?

Duration : 0:9:49

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Ron Paul Brilliantly Answers Student Loan Question

Loan 9 Comments »

Ron Paul hits a college Loan question out the park at the CNBC Debate on Wednesday night.

http://RonPaulHemp.com – Like, subscribe, comment, and share!

Duration : 0:2:47

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“We Have Not Prosecuted ANY Of The Banks Or ANY Of The Players In The Mortgage Fraud Crisis”

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December 06, 2011 MSNBC
http://MOXNews.com

Duration : 0:7:38

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Secret Fed Loans & Slinky School of Economics

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Watch the full Keiser Report E217 on Thursday. This week Max Keiser and co-host, Stacy Herbert, discuss Überdebten, financial eugenics and secret Fed Loans. In the second half of the show, Max talks to Karl Denninger about MF Global, pepper spraying banksters and Occupy Wall Street.

KR on FB: http://www.facebook.com/KeiserReport

Duration : 0:1:40

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Markets and mortgages

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Note: the Mortgage lender I spoke with is not necessarily the largest single recipient of federal bailout money, just one of the largest. Also check me out on
http://www.facebook.com/PeterSchiff and http://twitter.com/PeterSchiff

Duration : 0:8:24

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RBC’s Cloherty Favors Mortgage Bonds Over Corporates

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Nov. 8 (Bloomberg) — Michael Cloherty, head of U.S. interest rate strategy at RBC Capital Markets, talks about his investment strategy for bonds.
Cloherty also discusses Federal Reserve monetary policy and Europe’s sovereign debt crisis. He speaks with Tom Keene on Bloomberg Television’s “Surveillance Midday.” David Gordon, head of research at Eurasia Group, also speaks. (Source: Bloomberg)

Duration : 0:10:5

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