Thursday, January 27, 2011

Satellite Tour of Foreclosures Around the U.S. - this puts it in perspective of how many are homeless through viewing it!

Business Insider, has satellite images up of cities of foreclosure!  Looking at these maps, the foreclosure crisis hits hard.  I feel for all those who are homeless.  As I see it, the banks have kicked people out of their homes through fraud.  When you commit fraud, you have no rights to take people's housing away from them, especially when you have already made millions from that one house, through MBS fraud and through bailouts. 

When you see the map, you will understand there is no way the banks will sell all of them and the maps do not include the notices sent towards the end of 2010.

Will we ever see jail time for the bankers due to the fraud they have committed upon the American people?  NO, I don't harbor any imaginations of justice being served upon the bankers and them having to pay for the fraud.  I only see them getting bonuses and more bailouts and being protected from their fraud. 

1 comment:

  1. Is there any data to the actual increase numbers or percentages of homelessness? I know that many homeowners who lose their homes end up renting instead or moving in with family--effectively still not homeless. What is the actual increase of true homelessness; is that information out there?

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