New Orleans Part of the citizen pain that comes from subcontracting the handling of public services to private companies is the certainty that someone is making money with no accountability to anyone and absolutely no regard for the economic hardship involved for citizens. A perfect example that I am witnessing close at hand involves JP …
Month: June 2010
Wanted: Foreclosure Transparency
New Orleans Reading the article in the New York Times today about families pulling themselves together by not paying “rent,” which is to say their mortgage payments, while waiting for banks to foreclose, echoed the one thing I heard over and over again in Phoenix last week. The only good thing anyone could say, was …
Few Modifications and No Truth from Bank of America & Buddies in Phoenix
Phoenix Ten families squeezed into the living room with a couple of kids, some concerned girlfriends, sisters and friends, so talk about the foreclosures they were facing or worse. Chairs came from the kitchen and everywhere else. Most of these victims, because that’s the only term that seems to fit, had loans with Bank America …