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obama foreclosure freeze

Consumers may get a new watchdog. The banks object, what’s new?

by Moe Bedard

We all know down here on Main Street that most of the financial services industry is trying to fly under the regulatory radar so that can lie, cheat and steal in order to turn a profit. Right?
It seems like many of these bankers do not want to really provide true value to the people in our society. It appears that [...]

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Will Obama Stand By His Foreclosure Moratorium and Bankruptcy Promises?

by Moe Bedard

Below are promises made to Main Street homeowners during President-Elect Obama‘s campaign in his own words from BarackObama.com.

“The final plan must provide help to families who are struggling to stay in their homes. We cannot simply bailout Wall Street without helping the millions of innocent homeowners who are facing foreclosure.” Obama September 2008
“Going forward, [...]

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