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Posted by on Oct 10, 2010 in Business, TG Roundup

Factory of Fraud: Foreclosure Gate in Plain English

On the Oct 8th show, I talked about the Foreclosure Gate and the rampant fraud committed by the banks in illegally foreclosing homes in the US. A company called Lender Processing Services is one of the firms that is at the center of this fraud.

When it comes to economy, finance, federal reserve and banks, Congressman Alan Grayson from Florida and Congressman Ron Paul from Texas are among the very few congressmen who know what they are talking about. In this video, Congressman Grayson explains this crisis in plain English – with simple examples and evidence. Watch it in full – it is very educational.

Here is a spoof about this crisis.

1 Comment

  1. I am just wondering if there is any honor left among these thieves! How in the heck can they sleep peacefully?

    Very informative. Thanks for the post.