Patrick Lovell continues with our series, The Con: In this episode, Lovell details how predatory lenders targeted particularly vulnerable citizens in their fraudulent mortgage schemes.
Patrick Lovell, on predatory lending, continued.
Patrick Lovell stands for liberty and justice and is in direct opposition to fascism and corruption. He knows how journalism, law, and finance are supposed to work. In this series, you’ll learn exactly how titans of finance worked to create the world that has sandbagged most of us.
In this episode, Patrick goes into detail about how a particular demographic by percentage was affected by fraud in the mortgage loan markets just before the 2008 collapse. We play a snippet where a woman was so distraught from the fraud that cost her her home that she killed herself. Of course, the loan was subsequently forgiven.
Senator & Former Presidential Candidate Bernie Sanders once called Wall Street’s business model fraud. In that light, he made it clear that the then Chairman of the Federal Reserve, Alan Greenspan, purposefully turned a blind eye to mortgage fraud.
One of the goals of Politics Done Right is to amplify the messages of those trying to make a better life for us all. The mainstream media can’t do it because they have dual loyalties. This is one that only the independent media can do in solidarity with activists and an informed populace.