oh why are boots law?
Bubbling under the surface of politics is the foreclosure crisis — where the power of big finance is brushing up against the rule of law. The party leaders seem to have decided it is essentially a giant — but unavoidable — tragedy. GOP presidential candidate Mitt Romney said foreclosures have to clear for the housing market to reset. The Obama administration, meanwhile, has spent only about $2 billion of the $75 billion authorized for the Home Affordable Modification Program.
But the foreclosure crisis is not only a few million personal tragedies.
It is a few million crime scenes.
“Until we focus on justice, we can expect the crime spree to go on. After all, what we’re all learning is that for large banks, crime pays.” —Matthew Stoller