Give it Back! Bank of America donates to Congress for 2012 Elections – Give it Back!

Bank of America bribes donates to Congress for 2012 Elections.  

Bank of America, whose stock has been tanking for over a year and appears on the verge of bankruptcy, has donated hundreds of thousands of dollars to the 2012 Congressional elections.  How stupid is that?!

Not only are the political donations absurd given the fact that Bank of America has taken $1.344 TRILLION ($1,344,000,000,000) from the Federal Reserve (see page 131 of the audit report) since 2007… These are public funds (yours and mine) used to “prop” up a failing bank that apparently is under-collateralized. Review DEADLY CLEAR’s Hats off to Bernie for details.

The Game Spotlight is on – these politicians (below) need to give back the public money Continue reading

How & Why the Big Banks’ Lobbyists Killed Foreclosure Mitigation

BIG BANKS OWN CALIFORNIA TOO
By Lee Fang, October 8, 2011

As the 99 Percent Movement takes shape across the country, citizens are demanding that Congress represent the public interest instead of the whims of bankers and big corporations. For instance, after demanding and receiving massive bailouts, Wall Street banks successfully lobbied Congress to crush any serious effort to mitigate the foreclosure crisis. The spectacular bank lobbying coup in Washington prompted Sen. Dick Durbin (D-IL) to remark that the banks “frankly, own the place.” [read more on NationofChange.org].

And the answer to the $10 million question…. Whose fault is that, Dick? Tic toc, tic toc…. Continue reading