Massachusetts Court Stops Foreclosures another Bubble on the Horizon

[Independem]

Massachusetts Court Stops Foreclosures another Bubble on the Horizon

Massachusetts is not the only state where struggling homeowners and their extended families represent a much higher proportion of possible votes than do bankers, so we expect this sort of ruling to appear over and over again,” the analyst wrote in a note Friday.

Earlier this week, Bank of America said it reached a settlement to buy back troubled mortgages it sold to Fannie Mae.

http://www.marketwatch.com/story/banks-fall-on-mass-foreclosure-ruling-2011-01-07

Why does Wall Street say the Democrats are against business because they are against any scam you think up will not cause stability in are countries finances.

Another Bubble on the Horizon

Any financial institution with such access to such government support is likely to take on excessive risk – this is the heart of what is commonly referred to as the problem of “moral hazard.” If you are fully insured against adverse events, you will be less careful.
Goldman Sachs is undoubtedly too big to fail – in the sense that if it were on the brink of failure now or in the near future, it would receive extraordinary government support and its creditors (at the very least) would be fully protected.

http://economix.blogs.nytimes.com/2011/01/06/why-are-taxpayers-subsidizing-facebook-and-the-next-bubble/

This is a test to see if anything goes as usual, corrupt banking gets a big OK, if nobody does a damn thing to stop this illegal banking, it says game on, the next banking mobsters are ready to roll. This is what Wall Street Calls Stability, a fixed game, no fault insurance deal, only the tax payers could loose.