You are currently browsing the tag archive for the ‘mortgage’ tag.
My headlights on Occupy Boston
I thought in Italy everything changed, but nothing happened. But also here more things change, and more they remain the same.
I mean, the Movement had chance to hit the bull’s eye and to be right on target changing welfare but…
Le parole della protesta
« After the Police’s eviction, what would Occupy Boston have been without Dewey Square?
I’m afraid that Occupy Boston was too stuck on Dewey Square, conflacting a place with a cause. The risk was Occupy Wall Street was about real estate for homeless. But the Movement promises it will keep on going, somewhere:
“Just because they told us to leave Dewey Square, doesn’t mean we were told to stop fighting. You can’t evict ideas and you can’t evit our spirits”. But fighting for what? In fact the Occupy protests might have died in infancy if a senior police official had not pepper-sprayed young women on video.
Some people said that if they had leadership and an issue, they could be the most powerful group in America. Expecially because protesters never issued a set of demands, and often it seemed they were pulling in different directions. »
I risultati mancati
For this reasons why didn’t Occupy protesters get work up for real guilty of this chrisis? When the mortgage market collapsed, some account executives earned a commission seven times higher from subprime loans, rather than prime mortgages. So they looked for less savvy borrowers — those with less education, without previous mortgage experience, or without fluent English — and nudged them toward subprime loans. This less savvy borrowers were disproportionately blacks and Latinos: they ended up paying a higher rate so that they were more likely to lose their homes. Senior executives seemed aware of this racial mismatch and frantically tried to cover it up.
And the only topic squeezed from these fake revolutioners’ brain is this shallow answer about their goals: LISTEN AUDIO (2 min.)
Commenti recenti