Category Archives: Big Shitpile

Why ‘Good People’ Should (Sometimes) Walk Away from Their Mortgages

It’s good financial sense.
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Posted in Bidness, Big Shitpile, Housing | 31 Comments

The Foreclosure Mess Is About the Rule of Law

When the rich and the powerful are allowed to perjure themselves, none of us is free.
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Posted in Big Shitpile, Civil Liberties, The Rule of Law | 1 Comment

We Can Afford Mortgage Cramdown

Banks could afford to lower underwater mortgages.
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Posted in Big Shitpile | 6 Comments

Banking Scandal in a Nutshell: “Greed, Greed, and More F-cking Greed”

I like this guy because he makes me sound calm.
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Posted in Bidness, Big Shitpile | 1 Comment

How Many in Foreclosure Made All Their Payments (and Are Still in Foreclosure)

This is not productive economic activity. It’s not even rent extraction, it’s flat-out theft.
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Posted in Bidness, Big Shitpile, Housing | 8 Comments

GE to Massachusetts: Give Us $25 Million or We’ll Fire People (Another Legacy of Big Sh-tpile)

Isn’t the whole point of military Keynesianism to provide jobs?
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Posted in Big Shitpile, Economics, Jobs, Massachusetts, Military | 6 Comments

Our Pro-Bank Policies Are Losing the Elite

It’s still somewhat encouraging that the captured economic media are starting to become disgusted.
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Posted in Bidness, Big Shitpile, Housing, News Media | 4 Comments