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WASHINGTON (CNNMoney) -- In the largest deal to date aimed at addressing the housing meltdown, federal and state officials on Thursday announced a $26 billion foreclosure settlement with five of the largest home lenders.
The deal settles potential state charges about allegations of improper foreclosures based on robo-signing, seizures made without proper paperwork.
The settlement includes the Justice Department and the U.S. Department of Housing and Urban Development, as well as 49 state attorneys general -- all but Oklahoma.
Originally posted by rbnhd76
I just wonder how they're gonna treat people who DID struggle, and who DID sacrifice in order to keep their payments up.
Or how about people like me, I bought completely within my budget, and now it's paid for. (didn't say it was much..)
They are or will be using tax dollars for this. Oh NVM, it's money from China, right?
Originally posted by theRhenn
reply to post by xuenchen
They take care of the people that hasnt lost their butts yet.. So much for the thousands who already lost their butts.. What about them? Why is this only for those that are STILL in their homes and not included for the ones that's already LOST their homes??
I dont get this...edit on 9-2-2012 by theRhenn because: (no reason given)
Private ownership of land is not compatible with socialism, communism, or with global governance as described by the United Nations. Stalin, Hitler, Castro, Mao - all took steps to forcefully nationalize the land as an essential first step toward controlling their citizens. The UN, without the use of military force, is attempting to achieve the same result.
The land policy of the United Nations was first officially articulated at the United Nations Conference on Human Settlements (Habitat I), held in Vancouver, May 31 - June 11, 1976. Agenda Item 10 of the Conference Report sets forth the UN's official policy on land. The Preamble says:
"Land...cannot be treated as an ordinary asset, controlled by individuals and subject to the pressures and inefficiencies of the market. Private land ownership is also a principal instrument of accumulation and concentration of wealth and therefore contributes to social injustice; if unchecked, it may become a major obstacle in the planning and implementation of development schemes. The provision of decent dwellings and healthy conditions for the people can only be achieved if land is used in the interests of society as a whole. Public control of land use is therefore indispensable...."