Micah 2:2-3:
2 They covet fields and seize them, and houses, and take them.
They defraud people of their homes, they rob them of their inheritance.
3 Therefore, the LORD says: "I am planning disaster against this people,
from which you cannot save yourselves. You will no longer walk proudly,
for it will be a time of calamity.
I do not believe that Glenn Beck is at all acquainted with the contents of the Bible. I doubt that he has ever read the Book of Micah and its commentary on Social Justice, Micah 2:1-5, King James version, my fav:
1 Woe to those who plan iniquity, to those who plot evil on their beds!
At morning’s light they carry it out because it is in their power to do it.
2 They covet fields and seize them, and houses, and take them.
They defraud people of their homes, they rob them of their inheritance.
3 Therefore, the LORD says: "I am planning disaster against this people,
from which you cannot save yourselves. You will no longer walk proudly,
for it will be a time of calamity.
4 In that day people will ridicule you; they will taunt you with this mournful song:
‘We are utterly ruined; my people’s possession is divided up.
He takes it from me! He assigns our fields to traitors.’"
5 Therefore you will have no one in the assembly of the LORD
to divide the land by lot.
Oh, Fraud and Deception, thou art everywhere, not only shoving poor struggling and often jobless Americans and their families out of their homes in the midst of winter, but thou hast had the temerity to defraud investors!
Mortgage-backed securities holders are pushing for a resolution of a 50-state probe of foreclosure practices, attorneys general in Iowa and Arizona said as talks with lenders and servicers expand to include investors.
"The mortgage backed securities are worth pennies on the dollar, so any kind of recovery would be better," Arizona Attorney General Terry Goddard said in an interview. Owners of mortgage-backed securities are "one of the players urging a resolution," he said. State officials have begun informal talks with some investors, Iowa Attorney General Tom Miller said.
All 50 U.S. states are investigating whether banks and loan servicers used false documents and signatures to justify hundreds of thousands of foreclosures. The probe, announced Oct. 13, came after JPMorgan Chase & Co. and Ally Financial Inc.’s GMAC mortgage unit said they would stop repossessions in 23 states where courts supervise home seizures and Bank of America Corp., the largest U.S. lender, froze foreclosures nationwide.
http://www.bloomberg.com/...
Robosigning! Document falsification! All sorts of investor fraud!
Lord! Lord! Lord! Oh Lord! Deliver us from this iniquity!
All this the legacies of Phil and Wendy Gramm, such lovelies as the Gramm–Leach–Bliley Act (GLB), also known as the Financial Services Modernization Act of 1999, and the Commodity Futures Modernization Act of 2000 (CFMA), which loosened regulation of most over-the-counter derivatives, these strange devices of finance could no longer be regulated as "futures" under the Commodity Exchange Act (CEA) nor could they be regulated as "securities" under the federal securities laws.
Thank you Wikipedia for the info on Phil and Wendy and GLB and CFMA.
‘We are utterly ruined; my people’s possession is divided up.
He (Bank of America, Wells Fargo, Goldman Sachs, et al) takes it from me!
He (the aforementioned) assigns our fields to traitors.’
Oh Lord! We must ridicule and taunt these evil monsters with our mournful, never-ceasing song!