Home -> Law Blog Directory -> Loan Modification Blogs -> Mortgage Lender Implode-o-Meter

Loan Modification

: Mortgage Lender Implode-o-Meter

Regulation Made Canada Fat and Happy

By Implode-Explode Heavy Industries

"What we have is an elite willing to risk everyone else's economic security to enable a few hotshots to win big at the casino of recklessness and fraud -- while maintaining a variety of taxpayer backstops to reduce their risks. The joint never gets closed, also thanks to the large numbers of ordinary citizens trained to holler "socialism" every time the government tries to set a ground rule. A satanic belief in the rightness of free markets to punish the unsophisticated almost halted the creation of a Consumer Financial Protection Bureau."

Full post as published by Mortgage Lender Implode-o-Meter on August 16, 2010 (boomark / email).