The 50-State Foreclosure Settlement
Why Hasn’t Anyone Gone to Jail?
By Mike Whitney
Homeowners have lost $8 trillion in home equity (in the last 4 years) and 11 million people are currently underwater on their mortgages. All of this is unprecedented. All of this is the result of fraud. Continue
Owe IRS Taxes, Lose Your Passport: This is only a proposed law and only for those owing more than $50,000 to the IRS. Another proposal is to make the Thrift Savings Fund accounts federal employees have–currently exempt from IRS levies–fair game. Both proposals are from Sen. Orrin Hatch (R-Utah). See Hatch’s Memo to Reporters & Editors
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