Join us this Sunday for a Forum to review the eleven propositions that will be voted on in November. Sunday, 14 October, 12:45 p.m.
Bobbi Murray: Walmart de Mexico (called “Walmex”—no kidding) was alleged to have spread around $24 million or so in bribes to make sure Walmart’s presence there expanded at a rate that eclipsed the competition.
Worrying about government debt is like worrying about the monster under the bed. The issue isn’t debt, it’s power.
Ellen Brown: We may not be able to beat the banks, but we don’t have to play their game. We can take our marbles and go home.
Sharon Kyle: Kamala Harris emphasized the need to continue to chip away at the forces behind this crisis, stating that she and her team have instituted a Mortgage Fraud Strike Force which has been created to protect innocent homeowners and bring to justice those who defraud them.
Kwazi Nkrumah: For years the banks, real estate agents and investors in real estate securities on Wall Street were making money hand-over-fist. They did all this while pretending to break from their previous established history of gross discrimination and red-lining against the disproportionately non-white borrowers whose limited financial resources forced them into “sub-prime” status in the first place.
Dick Price: Occupiers expressed satisfaction that their concerns had been heard by Wells Fargo leaders, but frustration that little concrete action had been taken and no promises made for future steps.
Ellen Brown: The evidence to date suggests that “robo-signing” was not a mere technical default or sloppy business practice but was part and parcel of a much larger fraud, the fraud that brought down the whole economy in 2008.
Sharon Kyle: Kamala Harris standing firm on decision to reject bank settlement that could garner the state $15 billion but would release bank liability.
Robert Reich: The biggest problem is that corporate money is undermining democratic institutions in the name of better deals for consumers and investors.
Walter Moss: From the Reagan years to the present, conservatives have been fond of quoting Friedman and Hayek. Their influence can be seen in such documents as the Republican Party’s 1994 “Contract with America.”
This week, an article by Mark Naison, “How Attacks on Teachers and Government Workers Will Impact All Our Lives,” drew the following exchange between Ryder and Steve Wider.
Carl Bloice: There are an estimated 3.5 million seriously delinquent mortgages out there. There were nearly 2.7 million foreclosure filings on about 1.9 million homes last year. That’s down from 2007, but it’s still about one out of every 69 homes in the country.