Obama Policy: Stopped Foreclosures FORCE Banks to Lose Money

How do you turn a successful bank or financial institution into a money loser?  How government policies where banks can not enforce mortgage contracts.  That is what Dodd-Frank is all about.  It forces banks to wait months or years before they can foreclose on a defaulted property.  In the meantime, the banks do not get the money and are unable to loan out more money—it is tied up by government in complex phony regulations meant to bankrupt the system and harm business jobs and the economy.  All for the goal of making banks and families more dependent on government.
Read more…
Advertisements

About goldcountrypatriots

Administrator
This entry was posted in National and tagged , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s