Saturday, March 26, 2011

Cracking down on fraudulent loans

Finally, the government has put someone in jail for one of the masses of fraudulent loans perpetrated during the housing bubble. You remember, the one that helped destroy the world economy? Of course, this country being run by and for the rich, it wouldn't do to have someone who made millions selling those loans go to jail. Heavens no. Jail is for little people, like this guy from California, who is now serving two years for lying about his income on a mortgage application. Good job, feds! The world seems so much safer, and fairer, now.