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THANKS for HELPING to GROW SWARM The BANKS

THANKS for HELPING to GROW SWARM The BANKS

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Wednesday, December 29, 2010

In Barack Obama's home town of Chicago, Local Banks work with families to Redo predatory loans.



This local Chicago area bank's mission may also help explain why Barack Obama doesn't seem too pre-occupied with helping the rest of the country with their foreclosure problems. You see, the people Barack Obama grew up with in Illinois, the people who he collaborated with while a community activist, the people who supported and launched his political career, had a financial base to work from.
And that financial base was called Shore Bank. So when you hear Barack Obama say, "You would have defaulted anyways even if you had gotten your HAMP mod", remember, Barack Obama would NEVER say that to the communities he served while a Chicago area community activist.
Meanwhile, Banks belonging to ING Direct say NO to HAMP and redoing predatory loans, that's what you and I and the rest of the country get.

I can't prove a connection exists, I don't know if a connection exists, but I wonder if Barack Obama's 2009 Nobel Peace Prize came with any quid pro quo attached to it involving companies like ING group. Sort of like, here's your nobel peace prize, you go ahead and offer HAMP in your country, but understand that our banking region will not support HAMP in any way and reject any attempt by americans to try and get a HAMP modification loan from securitization funds that came from ING direct investors.

Barack Obama's adult life was spent in Chicago, a region that provided financial assistance for homeowners that other parts of america can only dream of.

ING GROUP and the Nobel Peace Prize are not necessarily connected in any way that I know of other than they reside in the same relative geographical area. Was the Nobel Peace Prize a way to "soften up" Barack Obama so that he just looks the other way over all the HAMP abuse such as parallel foreclosure that americans are being put through because after the fact investors such as ING Group don't want to see their profit margin cut?

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