Obama to Use Pension Funds of Ordinary Americans to Pay for Bank Mortgage “Settlement”

[BumRushDaShow]

48. The content would be this

When you look at statements right from the OP (and article) such as:

The story did not outline terms, but previous leaks...

And this:

But those criticisms assume two other things

And this:

So this deal amounts to a transfer from pension funds and other fixed income investors to the banks, at the Administration’s instigation.

you have essentially an article full of assumptions, speculation, and outright tabloid-style pseudo-journalism.

The mortgage crisis has been a nightmarish thing and the states involved in dealing with it (with their own myriad of laws and regulations, let alone with their own partisanship in play), doesn't make this easy to deal with.

However this whole dissertation loses all credibility with nonsensical attack terms such as "Obama script". It comes off as an angry hit piece that some on DU choose to embrace to justify their virulent hatred for the current administration.

Sorry but I don't buy it.