As of this moment, the picture above is directly intended for you, Rick Ackerman.
Rick, how far off from the truth you are.
Are you that influenced or that misinformed?
Feel free to call me (561-880-LIES) for an hour debate on this issue on our live radio show, Citizen Warriors, this next Saturday on WDJA 1420 and broadcast online around the globe…
Look forward to your call.
Lying to Ourselves?
And make no mistake, that is going to be the most delicate part of any political maneuvering that purports to deal with the mortgage crisis. The New York Times would have you believe otherwise. “Many of today’s troubled borrowers were not reckless,” the Grey Lady editorialized recently. “Rather, they are a collateral damage in a bust that has wiped out equity and hammered jobs, turning what were reasonable debts into unbearable burdens.” We are lying to ourselves if we accept the narrative that the housing boom/bust was caused by factors other than a reckless and massive collusion between borrowers and lenders. We are all to blame, really, although it would appear that, politically speaking, the time has come for the bankers to shoulder their fair share of the housing bust.
You can catch it in full here…
An agreement between two or more persons, sometimes illegal and therefore secretive, to limit open competition by deceiving, misleading, or defrauding others of their legal rights, or to obtain an objective forbidden by law typically by defrauding or gaining an unfair advantage.
Now, who were the “borrowers” in collusion with to defraud? The only other party they knew of were the “lenders.”