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Loan Modification

: Mortgage Lender Implode-o-Meter

Peter Schiff: Washington-Wall Street a parasite to economy

By Implode-Explode Heavy Industries

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"US foreclosures hit record highs in 2010, but that may not be the worst of it. 2011 may be even worse. Meanwhile, JP Morgan Chase exceeded market expectations, announcing a 47% rise in quarterly profits and released details on a $28.1 billion pay and bonus pool. Peter Schiff, the President of Euro Pacific Capital said Washington and Wall Street are becoming one force and are sucking the underlying American dry like a parasite.

Full post as published by Mortgage Lender Implode-o-Meter on January 16, 2011 (boomark / email).

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