Are You Mad at the Big Banks and Wall Street Yet? You Should Be.

This video might help you decide.

Palm Coast, FL – February 11, 2010 – A great video has been making its way around the Internet detailing what the bank and Wall Street bailout is doing. Two different people sent it to me. Watch it and tell me what you think.

<Watch Video>

3 replies
  1. George Meegan
    George Meegan says:

    Foreclosure & short sales & servicing

    Now we know Real Estate brokers also make money on the listings and sales. That would not happen if the property was foreclosed on, and sold for highest bid. That is what is happening to many properties that have mortgages with Big Banks that take over mortgages from smaller banks that go under due to assets being less than debts.So the whole story is not being given, the Big Banks loose on foreclosures. The gain on the short sales reduces the losses on the foreclosures and the difference "if" it is a loss, is then paid by the Government, to the Big banks. Big banks are doing us a favor by taking the processing and servicing of both, so the federal government does not have to. That’s private enterpize as it should be, better than the US government doing it by setting up another bureaucracy. So they make a few bucks, it’s still better than government run system.

  2. Niblicks Reach
    Niblicks Reach says:

    Follow the Money

    And where do Blankfein (GS) and Dimond (JPM) and the other Wall St. bankers send their political donation checks? Go to and find out. Its not pretty but it sort of explains everything. Now you don’t feel Henry Paulson had cut all his ties to GS and was only trying to save the economy when he convinced W the sky was falling, do you? AIG, by the way, was a bail out not TARP. We will never see the $80 billion they got and passed on to GS and even foreign banks at 100 cents to the dollar on a gamble as big as always playing 3 at roulette.

  3. Bob Ward
    Bob Ward says:

    If you only knew….

    If you only knew how bad these folks really are and how they created the problems for me and a lot of property owners at Land Resource…sad thing is they are almost like teflon…

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