Friday, November 12, 2010
Well, yes, apparently it can. Matt Taibbi at Rolling Stone has a blistering expose about the foreclosure mess. It's long, but worth reading all the way through. It's really quite shocking, and not just because of the magnitude of the problem. The entire system seems to be breaking down in ways that would have been completely unimaginable twenty years ago. If what Taibbi reports is true (and I see no reason to doubt it) it would not be hyperbolic to say that the banking system in the United States has become an organized crime organization, aided and abetted by the government.