Frederick Douglass

"Power concedes nothing without a demand. It never did, and it never will. Find out just what people will submit to, and you have found out the exact amount of injustice and wrong which will be imposed upon them..." Frederick Douglass

Monday, January 30, 2012

Freddie Mac Bets Against American Homeowners

There are three shocking things about this story:

1, This happened two years after the collapse of '08 and the bailouts.

2, These treacherous, larcenous trades were and are still legal.

3, This illicit activity occurred while the company was taken into receivership by the Feds.

In other words, the thieves are still stealing, and the government is a partner in these crimes.

Once again I yield the floor to the late George Carlin: