well surprise soprano mcelroy surprise surprise just wait but the big banks
couldn't hit a new low they all that off
i mention this briefly last are but it uh... certainly
bearers revisiting six here's the details now six former employees
of the bank of america have come forward
alleging that that big bank intentionally
denied eligible homeowners mortgage loan modifications and then a lot of those
homeowners
about the status of their mortgage payments
and their documents
bank of america allegedly used these dirty tactics to lead homeowners into
foreclosures an in-house loan modifications both of which help wreath
massive profits
for the bank of america
employees who have come forward of also said that the big bank rewarded
customer service representative front-line people delete call on the
phone to please doctor
geyser service representative hefty cash bonuses
and gifts cards to popular stories
when make foreclosed on people's homes
quite a lawsuit filed in federal court
a bank of america employees who placed ten or more mortgage accounts into
foreclosure
could get up to a five hundred dollar bonus
bustles alleges that the bank punish representatives who did not hit for
closure target numbers or who objected to the banks tactics
in some cases those employees who didn't for clothes on enough people
by ear
and far closet off our missouri are a very rushed her job
this was jaw drop around a bank of america conscious and days after reserve
your that the bank was also using
deceptive mailers in sales pitches memos menaces like what
a weaker sold out
but the federal government was sanders
they would actually add tens of thousands of dollars because the loan
and extend the period longford in some cases decades
but despite these light latest revelations about foreclosure targets
about the lies in the dirty tactics
i don't think anybody at bank of america's worry about going to jail
is our elected lawmakers in washington d_c_ particularly republican lawmakers
are scared straight by the idea of going after the big banks in going after
corporate america
get these same lawmakers are just fine go after the big bad government
especially when it comes to things like
the i_r_s_ controversy
so let's look at the parallels between the i_r_s_ controversy in the latest
he's coming out of the bank of america
with the i_r_s_ controversy i_r_s_ agents deliberately when after and apply
to higher scrutiny into potentially political organizations liberal and
conservative
apply for five oh one c_ three tax exempt status at the bank of america
employees allegedly intentionally denied eligible homeowners
homeowners loan modifications and push them into foreclosure to get a bonus
the i_r_s_ scandal one iris official took fifth when testifying before
congress there's a subject of both the criminal in independent journalist
investigation at the bank of america
its allies the customer service representative or reward for line on
mars
about the status their mortgage payments and documents
despite the obvious similarities between these two scenarios
only one has been investigated loudly and publicly by congress and that's the
higher as controversy
so once congress where you go to the ends of the earth they get the bottom of
the i_r_s_ controversy refusing to lift a finger when it comes to investigate
america's big banks
could be employees of the i_r_s_ did not make multi million dollar campaign
contributions to members of congress
could be that employs the i_r_s_ don't spend hundreds of millions of dollars in
lobbying
could be employees the i_r_s_ never commit a crime
and even the media which is supposed to be impartial and unbiased sources museum
for may shes afraid to go after he banks when they commit crimes
but the media has been very willing to drag on ad nauseum
about his manufactured wind witch hunt
like the i_r_s_ controversy
breaking news out of washington a bombshell admission by the i_r_s_ the
tax agency is officially apologizing for subjecting
conservative groups to additional scrutiny during the twenty twelve
election to a secular as an attorney in chief counsel for the american satellite
justice he represented twenty seven of the group started by the agency
they admit they did it because you force them to admit they get while we applied
for textiles and two thousand ten
we waited eighteen months
these letters that
by a lot of information they were allowed to ask us senator face but the
interpreter paid
and i think is that good for something and they said and respect
great
meanwhile this has been the extent of the media's coverage of the creatures
actions of the big banks
america's collective attitude toward the big banks in corporate america
needs to change
bank of america should not get just a slap on the wrist
wall our elected officials in washington we start i and our tax dollars harassing
unionized government plays at the i_r_s_
who at increasingly it's looking lighter cummings finally released the
transcripts today
the der liza didn't wanna release
turns out the i_r_s_ person who decided to look into the tea party
was in a registered republican who is self described as a conservative who
said that they did that that there was no word from washington to do this
is dead
there's no there there for darryl i said the i_r_s_
but with the banks
i really because we were just get in the last last hour
people saying this happen to me
this happen to me
yep i submit the paperwork they tell me that lost it
i saturday in again they set up week can fight i sent it again they said oh yeah
somebody's looking over will get back to you never got back a bit of a foreclosed
congress in the department of justice should hold the big banks
accountable for their actions as america cannot afford
another big bank caused economic
and financial disaster i mean it's really that simple
the bank stirs are up to their old tricks they're doing the exact same
stuff they were doing before
more people are gonna suffer more people are gonna get sucked in by the stuff
these these uh... these banks in their stockholders in their c_e_o_s they're
gonna make you know it's it's gonna be a whole nother bubble
bosnia markets back cause i want a full now it's a bubble
the stock market higher than it's ever been allowed in
when something to do with
the rich getting richer i mean the stock market is
where the rich put their money
might have something to do with our tax laws might have something to do with the
way that our say that the fed is offering you know money at
and their loan it out to big corporations that one and one half
percent two percent
now by the way the same banks declined to loan it to you
at twenty nine percent
on your credit card
i mean this system is not only break day elizabeth warren
pointed out
or elizabeth worn came along and she said
when she was running for the united states senate
and she said you know people say that the system is rigged
is
well actually
here's elizabeth in our own words
system busy great gaston
and here's the painful part
their mind
assistant is great
what going on
wildcat these guys are they on
billions in profits
billionaires pay a lower tax rate for their secretaries
and wall street's ceos
the same lines who wrecked our economy and destroyed millions of jobs
still strut around congressman unchanged amending favors enacting i think we
should think and just one here have a problem what
yes she did and we just one about don t
when congress that's all you know
flying in your private chat and we will be at your feet lloyd blank fine you are
one of the gods
also janey diamond knows led by finance and we're doing god's work back in the
day
rayleigh
doing god's work group of working people
help in the billionaires hide their money offshore
creating director relatives and and and you know
breeding basically a disaster for everybody
gleason fundamental reform in this country
and unfortunately it's not gonna come when you got caught in ministration and
a congress that are afraid to even talk about taking on the banks is with the
exception of a few brave souls
warranty deposit
we gotta get money at all
this is the comma hartman program
does seem to come back that you know it's like the original sin
and and it wasn't brought to us by congress has brought us by the supreme
court
moved remember