OPINION: Banksters Are Back To Business As Usual

Homeowners are screwed again. Banksters are laying the groundwork for a second financial crisis.

The Wall Street Journal is reporting that private investment firms are once again giving out subprime mortgages to interested homeowners who normally wouldn’t qualify for a home loan. 

It was these exact subprime mortgages that inflated the housing bubble and crashed the economy 3 years ago.

But since Congress failed to pass meaningful Wall Street reform – and Republicans are defunding Wall Street watchdogs –  the banksters are back to business as usual – turning the housing market back into a high-stakes casino to gamble with America’s economic future.