Journalist David Dayen, explains how the mortgage industry is still defrauding homeowners, why the loan interests incentives are misaligned, Bank Of America’s obscene record of mortgage fraud, the failure of the Obama Administration’s regulatory framework, why tort “reform” has made the housing crisis even worse and how the Obama Administration has adopted a terrible sequester policy.
On The Better Half: Alex Jones blames Kenya terrorist attacks on President Obama, John Kerry signs new arms control treaty, Michael Bloomberg wants more plutocrats in New York City and your calls and IMs.
And keep the conversation going on our morning thread
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