Top 12 list of who is getting a free pass from the MSM inspite of their role in housing meltdown.

Top 12 list of who gets free pass from Main Stream Media:

1. Appraisers

2. Home builders

3. Home builder lending divisions

4. Local municipalities that allowed an increasing number of homes per acre in order to generate more and more revenue to spend, rather than have a higher quality of life with less density.

5.  Hank Paulson

6. Nearly all Economists (except a select few) who repeatedly ignore the reality that perfect information and perfect pricing do not exist anywhere other than a class room.   
 
  7.  The Creators of the Credit Default Swap in order to "straddle" the real estate backed securities as you can go long or short with stocks. 

8.  All of Wall Street for taking the one thing that was left where the little guy could participate and make a profit, and exploiting it until the housing market vaporized. 

9.  All of the TBTF banks who have devastated the economy by refusing to rid themselves of their toxic assets for nearly three years. 

10. The federal government for its extremely preferential treatment of the finance industry and complete lack of concern for the middle class America. 
                           a.) And their failure to reduce the length of the recession by reigning in the banks and making them use the TARP funds as a way to unload toxic assets in 2008. 
 
11.  Everyone who thinks we can come close to 5% employment in the country without a strong housing industry.

12.  All the news channels, TV, and print reporters who drank the bank kool aid for 3 years promoting the lie that the housing crisis was contained within sub prime mortgages. 

  ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism

13 Bankers: The Wall Street Takeover and the Next Financial Meltdown (Vintage) 

Science of Getting Rich

Yves Smith Interviewed On BNN

Structured Finance and Collateralized Debt Obligations: New Developments in Cash and Synthetic Securitization (Wiley Finance)

For anyone interested hearing the real story about the banks, insolvency and document fraud, take a few minutes and watch this Yves Smith interview.  She tells it like it is with precise, direct and substantive answers.  You can read her book Econned for more on the economy or check out her blog Naked Capitalism

In this interview she touches on bank insolvency, a rise in interest rates, and the governments insistence on ruining the economy in order to keep the banks from going under.  She understand the issues very well and gives great credibility to those insisting bank accountability. 

Introduction to Structured Finance (Frank J. Fabozzi Series)

The taboo topic in the Main Stream Media of course is debt restructuring.  The banks either do not have the authority to work out loans or they just insist on pillaging the home borrowers.  The massive amount of debt left on the shoulders of consumers will keep the economy from growing enough to reduce unemployment.

We are anchored by the debt on the books of the American citizen and the banks insist on dragging the country down.  The Too Big to Fail Banks expect the homeowners to be the only party to pick up the tab for the meltdown they created. 
Econned author Yves Smith interviewed on BNN

ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism

13 Bankers: The Wall Street Takeover and the Next Financial Meltdown
Crisis Economics: A Crash Course in the Future of Finance
Bailout Nation, with New Post-Crisis Update: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy

Main stream media finally beginning to cover bank servicer abuses

Main stream media finally picking up the ball and actually covering some of the egregious actions by the bank servicers. Watch the video here.

For months most of the MSM has been falling in step with the righteous banks due to fear of reprisals. No one has yet to openly speak of how outrageous things have become continually taking the shallow view that there could never be a mistaken foreclosure.
The MSM, like the banks, have been forced to go with a new approach thanks to strong efforts by bloggers such as Yves Smith of Naked Capitalism. The diligence and tenacity of bloggers and lawyers defending home owners has created a challenge to the status quo that banks rule the world and are operating in the best interest of all.