don't forget, when you go to war, you'll probably
get bagged or go crazy, so don't keep that mortgage
Put your stuff, including your dog, in storage and
let the mortgage go.
now enjoy this war movie, you jarheads:
checkit: Liberty blitz
Big American Banks Particularly Enjoy Ripping off Active Duty U.S. Soldiers
Posted on November 2, 2012
The following article from the Houston Press titled “Country Club Sopranos” is the most comprehensive rundown I have seen of all the various frauds committed by large banks since we bailed them out. What I find particularly infuriating is that the banks seem to really like ripping off members of the armed forces. Veterans pay close attention. The biggest threat to America does not reside outside our borders, but from within. This is a very powerful article and I think could be quite effective in waking up some sheeple so please pass it along. Here are some of my favorite passages:
But despite a colossal civil-rights fraud perpetrated against 30,000 customers, the settlement amounted to just .011 percent of the San Francisco bank’s annual income. It was like forcing a $30,000-a-year working stiff to pay a $240 fine.
These were just the opening salvos of the assault. Bank of America was caught illegally foreclosing on the homes of active-duty soldiers.
But not a single boss went to jail. Some firms settled for just a fraction of what they’d stolen. Most have never admitted wrongdoing. And in the ethics-optional land known as Wall Street, many saw their stock prices rise.
“Unquestionably, that’s true,” says Notre Dame law professor G. Robert Blakey, whose career prosecuting organized crime runs all the way back to the Kennedy administration. “I was looking at stuff on Mulberry Street, and the real theft was on Wall Street…All of the people who ran the scams have their big houses and their airplanes, and they’re laughing — they got away with it.”
“My biggest mistake in life was that I committed my crimes in the 1980s,” he says. “If I committed them today, I wouldn’t even get house arrest. I’d just hire a good lawyer and pay a fine and I’d be free.”
It began the year before, when Dimon’s bank paid a $27 million settlement for systematically screwing 6,000 active-duty soldiers. JP Morgan was caught overcharging on interest rates and illegally foreclosing on the soldiers’ homes. (The bank did not respond to interview requests.)