American Thinker Blog: Tea party redux in Bell, California
"Bell, California has become the poster child for greedy public employees, a subject closely related to the TEA (taxed enough already) parties. The City Manager was making almost $800,000 a year, and the Police Chief nearly $500,000 in a city of under 40,000 souls.
Yet, because Bell is heavily Hispanic and lower income, few are making the connection between what happened there last night and the rise of the tea parties.
The two phenomena are closely related.
What happened in Bell Thursday night? Ruben Vives and Jeff Gottlieb of the Los Angeles Times report:"
Power to the people!
1 comment:
Re: Ripoff Report / "Kickbacks"
Predatory Lending is a major contributor to the economic turmoil we are currently experiencing.
Here is an example of what I am talking about:
Scott Veerkamp / Predatory Lending (Franklin Township School Board Member.)
Please review this information from U.S. Senator Jeff Merkley regarding deceptive lending practices:
"Steering payments were made to brokers who enticed unsuspecting homeowners into deceptive and expensive mortgages. These secret bonus payments, often called Yield Spread Premiums, turned home mortgages into a SCAM."
The Center for Responsible Lending says YSP "steals equity from struggling families."
1. Scott collected nearly $10,000 on two separate mortgages using YSP and junk fees. 2. This is an average of $5,000 per loan. 3. The median value of the properties was $135,000. 4. Clearly, this type of lending represents a major ripoff for consumers.
http://merkley.senate.gov/newsroom/press/release/?id=A09C6A80-537A-4EB1-83C5-31925F046B6F
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