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FBN’s Stuart Varney sounds off on the lack of action in fighting mortgage fraud.
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Does anyone remember the residential mortgage backed securities working group note.
The present set it up in his -- state of the union speech this year.
He was going to investigate mortgage fraud and be -- those wicked bankers.
So here's my take on demonizing trolling for votes and actually doing nothing.
That is precisely what has happened.
The president calls for the right to a wrong was the Justice Department promises 55 -- and -- all the bad guys.
New York's attorney general takes control and that.
Nothing happens.
Three months after the speech the working group has not been established office space not taken the 55 -- was nowhere to be found and a reporter for the New York Daily News could not locate even a phone number -- This by the way is the sixth housing mortgage probe since 2009.
-- all of them has done anything all gone anyway.
There's a patent via demonize and unpopular group blame them investigate them campaign against them but do absolutely nothing.
That's the way politics works these days when -- would bogus nonexistent policy.
So tell me you want a government this incompetent -- to run your health care.
