Yesterday, the RJ posted a small piece buried in the back pages talking about the meager 15% or so that some banks have modifyed loans and others have modified ZERO.  Yes that is right ZERO,  they have taken the bailout money and not modified ONE LOAN.

Download the article and pdf…

If you aren’t serious angry with the oversight and they way the banks are flagrantly using taxpayers money for their own purposes something is seriously wrong.  I have more articles posted on www.OliviaSellsVegas.com under Investors that shows how Bank of Ameria invested Billions just weeks after receiving the bailout money,  the ex-countrywide executive who left and took employees only to start a company which business model was to buy bad loans and resell them for a profit.  Are you kidding me?

In one of the articles the writer posed a question:  “Would a bank give you a loan without knowing how you were going to use it?”   Of course not so why did the Obama Adminstration give out Billions with no guarantee they used to assist www.hopenow.com or help for homeowners?

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