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The Road To America's Economic Meltdown

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The Road To America's Economic Meltdown

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    Available in PDF Format | The Road To America's Economic Meltdown.pdf | Unknown
    Raymond Beresford Hamilton
This is a story about one of our own, a US Army Sergeant who returns home after serving many years overseas. He had been to two different wars and, after 14 years overseas, this was to be his first duty assignment inside the United States. He encountered great difficulty from his home state when he tried to obtain his local driver's license, and only with the aid of a state senator, was he able to obtain his license. Then, when he went to register his car, in the new state where he was assigned, he noticed that he was being required to pay for unusual things before he was allowed to register his car. After going through all the local government's money making schemes, he, along with his wife and children, bought a house, using a mortgage, not far from where they were renting. They did so just in time to get caught up in the developing housing crisis that may affect his family's ability to hold on to their beautiful home. The sergeant had to do some quick thinking and find out everything he could about what was really going on: was there a conspiracy for the rich to get richer-at the expense of everyone else-was he the subject of predatory lending, and would his family suffer through the embarrassment of the foreclosure process? The sergeant began researching the history of land development, mortgaging, foreclosure, the economic crisis, and the government's involvement in all of this-and this is what he learned.   show more
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