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BILL MOYERS JOURNAL | Mortgage Mess | PBS



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http://www.pbs.org/billmoyers BILL MOYERS JOURNAL travels to ground zero of the mortgage meltdown
— Cleveland, Ohio. Correspondent Rick Karr takes viewers to Slavic Village, one of the hardest hit neighborhoods in the nation when it comes to the spate of foreclosures caused by the subprime mortgage crisis.. Aired Friday, July 18, at 9p.m. on PBS (check local listings). For more: http://www.pbs
.org/billmoyers


Tags for this video: banks bill cleveland foreclosure homelessness journal lending mortgages moyers predatory

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If the American ... ( 5 months ago by monymizer)
If the American people ever allow private banks to control the issue of their currency, first by inflation then by deflation, the banks and the corporations will grow up around them, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. Thomas Jefferson
Too easy, charge a ... ( 5 months ago by ubuibiok)
Too easy, charge a Cleaning Fee, Demolition Fee and anyother fee you can on the property, Attach leans and then forclose on them...then aution of the property.
Too easy, attach ... ( 5 months ago by ubuibiok)
Too easy, attach cleaning fees, demolition fees and any other fees you can on the property. Foreclose on the property for the non-payment of the leans and taxes and then sell the property .
Place leans on the ... ( 5 months ago by ubuibiok)
Place leans on the property for demolition , cleaning and taxes then foreclose on the leans and sell the property.....
Empty houses, ... ( 5 months ago by doral044)
Empty houses, people without jobs, gas outrageous,food at a max...crime will go up, the police forces are going down...families with children to care for and can't & over $3. trillion spent on an ill advised war. But Big Business wants another republican in? W_H_A_T??????
This is certainly a ... ( 5 months ago by DianeDi)
This is certainly a tragic situation for millions and it appears to be spreading like a cancerous tumour. It would be interesting to see statistics from other States - as I feel this is being downplayed big time.
2 million ... ( 5 months ago by SlaveStorm)
2 million foreclosures as I type this and another 1 million people laid off by the end of the year could double that figure Police state USA. The police support the state, evict tenants, fine people, arrest complainers and put them in the prison colonies. Can you spell False Flag? Can you say FEMA labor camps? Can you say Fascist Capitalists Stupor Patriots blaming the poor for being weak and allowing the criminals to take advantage of them. The way they were dressed they were asking for it
Please ask yourself ... ( 5 months ago by pure2warrior)
Please ask yourself why this country lets a private Federal Reserve bank create money that has no real value out of thin air then lend this valueless money plus charge an intrest rate to our Federal Government, thus creating a fictious debt which is used to justify tax (stealing from the people time and effort) to pay this phony debt. Declare your freedom divorce fiat money reject government theft, plant a garden, fish, hunt. Discover your humanity, reject the New World order. God Bless.
Please note the ... ( 5 months ago by pure2warrior)
Please note the preditor, government still demands property tax yet not a mention of this theft of private property. It is time for people to stand up to these evil scum.
A brilliantly done ... ( 5 months ago by CDLver)
A brilliantly done chronicle of the mortgage crisis debacle!
The lenders are scandalous!
Thankyou my friend ... ( 5 months ago by androclestipster)
Thankyou my friend for sending me this important video. A true cancer indeed. I don't understand it.
The answer to your ... ( 5 months ago by jbryant13)
The answer to your questions that the Fed is the Congressional ATM machine. It prints on demand, and it is stocked with an endless supply of paper. That way they can show you how much they "care" and solve all your problems for you so you can go back to watching the Simpson's and American Idol, and report to your job to pay for your "American Dream" of owning a home (which the bank really owns). watch?v=hn5EP9StlVA
THEIVES in GOVT ... ( 5 months ago by idasputem)
THEIVES in GOVT backed by THUG GOON POLICE on street.
God bless you. ... ( 5 months ago by silveraguila)
God bless you. Exactly.
this makes me so ... ( 5 months ago by dellsprospects2)
this makes me so angry...i can't believe they knew..since 2001..obviously now we know the legislation is in favor of the ELITE SCUM THAT WANT TO MAKE MONEY AND GRAB LAND EVIL BASTARDS
welcome to the new ... ( 5 months ago by dellsprospects2)
welcome to the new world order
organizations like ... ( 5 months ago by wooooozee)
organizations like the nwbccc in the bronx have targeted orgs. like freddie mac since the 70s for their preditory, irresponsible behavior. it is sad to hear this spoken as "new news" when in fact, the problem is so new and we are all - in some way - in collusion with these folks. our deal searchin, credit usin, no saving chickens are coming home to roost. makes jersey mob loansharks look like gupies.
Why the fuck bail ... ( 5 months ago by poopiefase)
Why the fuck bail out the banks?
very informative! ... ( 5 months ago by AlbertBenjaminHoward)
very informative! now what?
Incredible!!! the ... ( 5 months ago by ducks90)
Incredible!!! the incompetents at the Fed that raised the discount rate 300% in 24 months debating with the people that hired them (Congress), both pointing fingers at the cause of this mess?
We don't need a bail out; we need a vehicle to sue these clowns for malpractice. A loan that worked fine for 20 years is suddenly a predatory loan because the Fed, not the bank, raised the rate? The problem wasn't a lack of regulation but that it was regulated by Congress and their creation-the
Fed
He is right we ... ( 4 months ago by MoeBedard)
He is right we don't need a bail out!
IF YOU FEEL THE SAME WAY AND WANT REAL SOLUTIONS TO THIS CRISIS GO TO MY CHANNEL AND CHECK OUT SOME OF MY VIDEOS
I know people who ... ( 3 months ago by housechores)
I know people who took out the loans are also responsible...for taking up offers that were too good to be true. The concerned local government should have seized upon the idea of warning people about predatory lending as soon as the epidemic reared it's ugly head. They should have used billboards, radio, TV, whatever...educating the unwary is key.
Banks cannot fail ... ( 2 months ago by Lucky7wins)
Banks cannot fail if the US Gov keeps supplying them with liquidity. This is creating tremendous inflation we are going to feel once the banks begin lending the money away.
Very informative ... ( 5 days ago by DrewDownsManagement)
Very informative video. I took some notes on the video and how it was done. I gave it 5 stars. Check out our vids and tell me what you think? We have some good stuff also.



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