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Written by Steve Meyers
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Wednesday, 26 October 2011 13:41 |
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How better to corral restive underwater debt-serfs than to herd them into accepting a new, "better" set of lifelong servitude shackles?
President Obama is taking credit for a new government plan to "save homeowners." That is of course pure propaganda to mask the plan's true goal: the perfection of debt-serfdom. The basic thrust of the plan is straightforward: encourage "underwater" homeowners whose mortgages exceed the value of their homes to re-finance at lower rates.
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Last Updated on Wednesday, 26 October 2011 13:43 |