Foreclosures

Foreclosures

The U.S. Justice System Must Focus On Elite Criminality

"If we don’t get a grip on this now and begin to marshal our resources against the most dangerous criminals in America - those from the highest echelons of U.S. society - the country will continue to unravel and in an increasingly dangerous and chaotic fashion."

3 Uncommon Signs That An Economic Collapse Could Happen Soon

As stocks continue to climb and the U.S. economy sustains its third longest period of expansion in history, market forecasters are seeking clues for when our next crisis may strike. So far, three uncommon signals have them worried.

The Only 'Real Europe' Is Greece

"The real Europe is not the one Juncker paints a portrait of. The real Europe is Greece. That’s where you can see the economic reality as well as the political one. Greece has no sovereignty left to speak of, despite the fact that it is guaranteed it in EU law. Europe’s political reality is about raw power. About the rich waterboarding the poor, to the point that they are turned from sovereign citizens of their countries into lost souls in debt prisons."

Think Gentrification Is Bad? The Opposite Is Worse

"it's important to remember that there is a fate far worse than gentrification. This occurs when people move out of a neighborhood or city - and no one wants to move back in... We might call this de-gentrification and it can be devastating for those left behind in these communities..."

The Fed Issues A Warning As Household Debt Hits New All Time High

“While relatively low, credit card delinquency flows climbed notably over the past year. This is occurring within the context of loosening lending standards... The current state can be an early indicator of future trends and we will closely monitor the degree to which this uptick is predictive of further consumer distress.”

The Secret History Of The Banking Crisis

"Accounts of the financial crisis leave out the story of the secretive deals between banks that kept the show on the road. How long can the system be propped up for?"