“Punting the Pundits” is an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.
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New York Times Editorial Board: Deceptive Practices in Foreclosures
In early 2012 when five big banks settled with state and federal officials over widespread foreclosure abuses, flagrant violations – including the seizure of homes without due process – were supposed to end.
But abuses keep coming to light. Despite happy talk about a housing rebound, nearly three million homeowners are in or near foreclosure, and many continue to be victimized by improper and possibly illegal practices.
A lawsuit filed this week http://www.housingwire.com/ext… (pdf) by the attorney general of Illinois, Lisa Madigan, and a report by The Times’s Jessica Silver-Greenberg have detailed one such abuse.
Charles M. Blow: Occupy Wall Street Legacy
When Occupy Wall Street sprang up in parks and under tents, one of the many issues the protesters pressed was economic inequality. Then, as winter began to set in, the police swept the protesters away. All across the country the crowds thinned and enthusiasm waned, and eventually the movement all but dissipated.
But one of its catchphrases remained, simmering on a back burner: “We are the 99 percent.” The 99 percent were the lower-income people in this country – the rest of us – struggling to make a change, make a difference and just make a living while the stiff, arthritic grip of the top 1 percent sought to manipulate the social, political and economic levers of powers.