“BANK LIVES MATTER” – OBAMA ADMINISTRATION MAKES ANOTHER MOVE TO PROTECT PROFITS OF CRIMINAL MEGA BANKS | WHAT REALLY HAPPENED

“BANK LIVES MATTER” – OBAMA ADMINISTRATION MAKES ANOTHER MOVE TO PROTECT PROFITS OF CRIMINAL MEGA BANKS

Three top Democrats are accusing the Department of Housing and Urban Development of quietly removing a key clause in its requirements for taxpayer-guaranteed mortgage insurance in order to spare two banks recently convicted of federal crimes from being frozen out of the lucrative market.

HUD’s action is the latest in a series of steps by federal agencies to eliminate real-world consequences for serial financial felons, even as the Obama administration has touted its efforts to hold banks accountable.

Webmaster's Commentary: 

There is utterly no accountability in the US government, at any level, whatsoever; what we have is a toxic, incestuous relationship between large corporations, and the politicians they buy. It is just that simple.

We are no more a government "of the people, by the people and for the people; this country has devolved to a government "of the corporations, by the corporations, and for the corporations.

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