Capitalism at its best. Foreclosure on a house for $432--last payment.

From CBS News

Widow, 85, Missed Last House Payment; Fights Fees

US Court OKs Suit By NJ Widow, 85, Over Foreclosure Fees; Missed Last Payment After 30 Years

AP source

My Comment

The classic case of capitalism at its best. Foreclosure because of $432. This shows where the bankers mentality is. Get that house to make thousands in quick profit.

As the article states, 94% of homeowners did not contest because they were too poor and ignorant to defend themselves. Bankers have it guaranteed, they can’t fail because their uncle Sam is sure to cause the poor peoples’ tax to keep the bankers on business. How about making laws against them. Criminalize their extortion. VOTE VOTE VOTE for your peers. Let’s get rid of professional politicians. One term is enough.