Undercover, The Foreclosure Crisis Continues

” A Pale Green Mermaid Blog “

 

F-ree money for investment banks.

O-rderly exit of people from neighborhoods.

R -eadjust? why should we when we are making more money with fees by throwing people out?

E -verything gone, owners cry.

C -lass attacks, go after low income areas.

L -ower the rate of cash lent to investment banks, but who are they lending to?

O -h how could this keep happening?

S -peculators turn away from bundled mortgages to commodities.

U -nderstand the reason is greed.

R -emember investmant banks control the global economy.

E – verything must change.       As President  Theodore Roosevelt might have said long ago ” Time to bust some trusts.”

 

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Below FROM www.answers.yahoo.com -

Theodore Roosevelt was a progressive. He broke the trusts that had accumulatedmassive amounts of cash that they used to gain favors from Congressmen and senators that passed legislation helpful to their trusts and monopolies. His first message to Congress called for regulations of railroads , corporations and banks; the creation of a Department of Commerce; reforms in civil service, and a massive national conservation program. during his first term he sponsored the Newlands Reclamation Act, put strength into the Interstate Commerce Commission.

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From Wikipedia below,

 

 Trust busting

 

Room in the Wilcox Mansion, where Roosevelt was sworn into the Presidency

 

Trusts were increasing the central issue in politics, with public opinion fearing that large corporations could impose monopolistic prices to cheat the consumer and squash small independent companies. By 1904, 318 trusts controlled about two-fifths of the nation’s manufacturing output, not to mention powerful trusts in non-manufacturing sectors such as railroads, local transit, and banking. Roosevelt decided to do something about it.

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F-o-r-e-c-l-o-s-u-r-e  is ruining the fabric of this country.

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From wikipedia below,

Roosevelt coined the phrase “Square Deal” to describe his domestic agenda, emphasizing that the average citizen would get a fair share under his policies.

 

Theodore Roosevelt
26th President of the United States
In office September 14, 1901 – March 4, 1909
Vice President	Charles W. Fairbanks (1905–1909)
Preceded by	William McKinley
Succeeded by	William Howard Taft
25th Vice President of the United States
In office March 4, 1901 – September 14, 1901
President	William McKinley
Preceded by	Garret Hobart
Succeeded by	Charles W. Fairbanks
33rd Governor of New York
In office January 1, 1899 – December 31, 1900
Lieutenant	Timothy L. Woodruff
Preceded by	Frank S. Black
Succeeded by	Benjamin B. Odell, Jr.
Born	October 27, 1858(1858-10-27) New York, New York
Died	January 6, 1919(1919-01-06) (aged 60) Oyster Bay, New York
Political party	Republican (1897–1912) Progressive Party (1912–1916)
Spouse(s)	(1) Alice Hathaway Lee (married 1880, died 1884) (2) Edith Kermit Carow (married 1886)
Children	Alice, Ted, Kermit, Ethel, Archie, Quentin
Alma mater	Columbia Law School – dropped out; Harvard College
Occupation	Statesman, author, historian, explorer, conservationist, civil servant
Religion	Dutch Reformed
Signature
Military service
Service/branch	United States Army
Years of service	1898
Rank	Colonel
Commands	1st United States Volunteer Cavalry Regiment (Rough Riders)
Battles/wars	Spanish-American War *Battle of Las Guasimas *Battle of San Juan Hill
Awards	Nobel Peace Prize (1906), Medal of Honor (posthumously, 2001)

 

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