Journailst Aaron Glantz' book, Homewreckers, lays out how the Trump regime have created a Plutocracy.. Fascinating interview on KQED's Forum program:
>The American economy has largely recovered in the decade since the recession, but homeownership remains at a 50 year low. In his new book "Homewreckers," journalist Aaron Glantz details how financial executives profited from the devastating foreclosures of the 2008 housing crash, buying up hundreds of thousands of homes and becoming massive landlords, often with help from government subsidies. Glantz explains how those same executives -- including Secretary of Commerce Wilbur Ross and Secretary of the Treasury Steve Mnuchin -- are now shaping the rules of the industry to protect the wealth they accumulated during the recession. Glantz joins Forum to talk about "Homewreckers" and how the erosion of homeownership in the last decade has created widespread financial insecurity.
Listen here: https://www.kqed.org/forum/2010101873984/bankers-profited-off-homeowners...
Top of Page Bottom of Page PermalinkFull Name: Hitchhiker awaiting "true call" Knotesau
on Tuesday, October 22, 2019 – 05:41 pm
Get better jobs.
Get better jobs.
Top of Page Bottom of Page PermalinkFull Name: That’s Nancy with the laughin’ face Nancyinthesky
on Tuesday, October 22, 2019 – 05:44 pm
Why wouldn't you want a
Why wouldn't you want a better job, Slacker? Even if you could afford to buy a house, would your income pay the bills? And housing has always been pricey in the Bay Area,
These Plutocrats made it more so after 2008..
Top of Page Bottom of Page PermalinkFull Name: Rasputin O'Leary Rasmataz
on Tuesday, October 22, 2019 – 05:56 pm
Gov't Mule 12/30/10 Beacon -
Gov't Mule 12/30/10 Beacon - Feel Like Breaking Up Somebody's Home w/ Brad Whitford
https://youtu.be/IVZwcyeAU2o
Top of Page Bottom of Page PermalinkFull Name: Hitchhiker awaiting "true call" Knotesau
on Tuesday, October 22, 2019 – 06:02 pm
Picking strawberries is a
Picking strawberries is a good job. California eats strawberries.
Top of Page Bottom of Page PermalinkFull Name: An organ grinder’s tune Turtle
on Tuesday, October 22, 2019 – 06:04 pm
ha.
ha.
normal working class californians have been cut out of homeownership since clinton times, if not before....
these dicks just adding to the fuckery.
Top of Page Bottom of Page PermalinkFull Name: That’s Nancy with the laughin’ face Nancyinthesky
on Tuesday, October 22, 2019 – 06:07 pm
Blaming the Clintons? Nice
but, but THE Clintons?! Nice work, Comrade Turtle.
Top of Page Bottom of Page PermalinkFull Name: Ken D. Portland_ken
on Tuesday, October 22, 2019 – 06:14 pm
You can trace the "plutocracy
You can trace the "plutocracy" in this country back to its founding by wealthy landowners in 1776. It got better, especially with FDR's "New Deal" and LBJ's "Great Society," but it has since gotten worse starting with Reagan.
Top of Page Bottom of Page PermalinkFull Name: An organ grinder’s tune Turtle
on Tuesday, October 22, 2019 – 06:20 pm
lol, you made me laugh nanc.
lol, you made me laugh nanc.
oh yeah, obamma didn't really do shit either.
oh, except use our tax $$'s to bail out wall st.
the other marginal social issues were stonewalled by mcconnel and co.
Top of Page Bottom of Page PermalinkFull Name: Rasputin O'Leary Rasmataz
on Tuesday, October 22, 2019 – 08:10 pm
^^ hahahaaaa still tryin to
^^ hahahaaaa still tryin to hump that doorknob I see
Top of Page Bottom of Page PermalinkFull Name: Rasputin O'Leary Rasmataz
on Tuesday, October 22, 2019 – 08:17 pm
Southside Johnny & the Asbury
Southside Johnny & the Asbury Jukes - Better Days
https://youtu.be/SDfkcha07sU
Top of Page Bottom of Page PermalinkFull Name: Rasputin O'Leary Rasmataz
on Wednesday, October 23, 2019 – 07:23 pm
Turtle time to get TF off
Turtle time to get TF off that doorknob. It was not Obama but that repub shining star Dubya Bush who bailed out wall street , aka the banks. I've hammered our resident right wingnut imbacils numerous times for trying to misrepresent facts, don't align yourself with ignorance just for lack of paying attention. Obama bailed out Detroit, most of which has been returned.
Emergency Economic Stabilization Act of 2008 - Wikipedia
https://en.m.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_...
Top of Page Bottom of Page PermalinkFull Name: Hitchhiker awaiting "true call" Knotesau
on Wednesday, October 23, 2019 – 07:31 pm
https://www.latimes.com
https://www.latimes.com/business/la-fi-obama-foreclosure-20161230-story....
Top of Page Bottom of Page PermalinkFull Name: An organ grinder’s tune Turtle
on Wednesday, October 23, 2019 – 09:59 pm
Doorknob lol ok pal.
Doorknob lol ok pal.
however it appears your are correct in wall st being bush.
Good thing for the internet, you can google who fucked whom when...
Top of Page Bottom of Page PermalinkFull Name: ogkb pyramidheat
on Thursday, October 24, 2019 – 12:58 am
https://www.democracynow.org
https://www.democracynow.org/2019/10/15/aaron_glantz_homewreckers_book_h...
https://www.democracynow.org/2019/10/15/aaron_gantz_steve_mnuchin_housin...
obama certainly did his part to bail out his banker friends. forced a lot of people out of their homes, let trumps friends loot out country.
Top of Page Bottom of Page PermalinkFull Name: ogkb pyramidheat
on Thursday, October 24, 2019 – 09:35 am
this is what happens when
this is what happens when corporate politicians call the shots for their rich friends.
reagan.
Sr.
Clinton.
W.
obama.
they all did it.
bernie won't
Top of Page Bottom of Page PermalinkFull Name: Lassen No Treble No Trouble
on Thursday, October 24, 2019 – 10:01 am
Trying to suggest that Obama
Trying to suggest that Obama wouldn't have done the same thing (re: bank bailout) as Bush is crazy. Pelosi, Clinton, Schumer, Reid, Feinstein and all the big dems, including Obama voted in favor for the bailout.
Top of Page Bottom of Page PermalinkFull Name: Lassen No Treble No Trouble
on Thursday, October 24, 2019 – 10:32 am
Not to mention that under
Not to mention that under Obama, the Federal Reserve Bank purchased approximately $4.5 trillion in debt securities onto its balance sheet, in order to push interest rates down artificially, which was in effect a massive transfer of wealth to the richest of the rich, as cheap money was used in massive corporate buy-back programs and the purchasing of securities after the market downturn.
Obama's presidency also saw an additional $9+ trillion added to the national debt, with the added debt to fund expanding middle east wars and the fraudulent "Affordable" Care Act, among other things.
Top of Page Bottom of Page PermalinkFull Name: Rasputin O'Leary Rasmataz
on Thursday, October 24, 2019 – 10:34 am
^^ no doorknob is safe around
^^ no doorknob is safe around here
Top of Page Bottom of Page PermalinkFull Name: Lassen No Treble No Trouble
on Thursday, October 24, 2019 – 10:37 am
^rebuttals are hard when ya
^rebuttals are hard when ya have no leg to stand on?
Top of Page Bottom of Page PermalinkFull Name: Rasputin O'Leary Rasmataz
on Thursday, October 24, 2019 – 11:08 am
^ Blah blah political hogwash
^ Blah blah political hogwash blah. Why everytime you pop in here brother lassen you're talkin bout the same ol shit ? Ain't nobody changing anyone's mind here, so lets find some common ground important shit we can all agree on.
Like the Mule coming to the Palace !!
Top of Page Bottom of Page PermalinkFull Name: Lassen No Treble No Trouble
on Thursday, October 24, 2019 – 11:13 am
Consistency is a admirable
Consistency is a admirable quality, no?
Mule at the Palace sounds awesome- i'm 90% probable of hitting the show. Will let u know.
Top of Page Bottom of Page PermalinkFull Name: Hitchhiker awaiting "true call" Knotesau
on Saturday, October 26, 2019 – 03:35 pm
https://sanfrancisco.cbslocal
https://sanfrancisco.cbslocal.com/category/project-home/
Top of Page Bottom of Page PermalinkFull Name: That’s Nancy with the laughin’ face Nancyinthesky
on Saturday, October 26, 2019 – 03:48 pm
After I helped a client get
After I helped a client get her bag of groceries at the local charitable food pantry yesterday, one of the volunteers let me know that the client I was serving lives 3 doors down from her, in a 3 million dollar home.
she’s been the home owner for years, recently lost her job and can’t afford to buy groceries.
the client was nice enough and I except this will be a short term solution for her. there’s plenty of food at the pantry to go around.
The other clients are mostly homeless, suffering from chronic illness, mentally ill and/or drug addicts. Some are recent immigrants with little or no English, many working poor, many have modest living situations and are stretching their food stamps, and down on their luck.
owning a 3 million home in the Bay Area, count as being down on your luck?