Reader's Blog: Children in shelters because of bank debt

Vulture funds and private (which citizens bailed out) banks sell indebted mortgages and pursue families, in a manner no way easy to differentiate from medieval church torturers, stretching embattled families on the fiscal rack, breaking them on the Catherine wheel of ghastly personal mortgage debt, then moving on to other loan bundles containing, inevitably, more terribly distressed families in private mortgage debt.

Reader's Blog: Children in shelters because of bank debt

Vulture funds and private (which citizens bailed out) banks sell indebted mortgages and pursue families, in a manner no way easy to differentiate from medieval church torturers, stretching embattled families on the fiscal rack, breaking them on the Catherine wheel of ghastly personal mortgage debt, then moving on to other loan bundles containing, inevitably, more terribly distressed families in private mortgage debt.

Families are trying in desperation to stay together and stay in their homes, in the face of such awful pursuers, relentlessly grasping for lucre.

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