Does the Fed actually want foreclosures to keep on growing ? | WHAT REALLY HAPPENED


Does the Fed actually want foreclosures to keep on growing ?

"Nationwide, 261,255 homeowners received at least one foreclosure-related filing in May, up 48 percent from the same month last year, and up 7 percent from April" Realtytrac.com.

The figures above reflect a truly miserable situation in the everyday life of Americans. Before the property is actually foreclosed upon, the utilities would probably been off for 3 months or so. No light, no heat no water.This is the reality that the Fed is ignoring as it hands out money hands over fist to the very organisations that caused this untenable situation.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA