May
02

Krugman to Obama: You’re gonna lose unless you demand a huge stimulus package

Romney's ad Exhibit A?


Paul Krugman continues his Chicken Little tour in service to his new book, End This Depression Now!, by giving the Obama campaign a little free advice.  Did I say “free”?  Actually, it comes at a steep, steep price: In his book, which hit shelves May 1, Krugman laments the “shadow of economic catastrophe” we live [...]

Read this post »

Apr
18

Phoenix Officers Who Shot Homeowner Needed Better Training

I originally wrote this piece on October 3, 2009.  And that’s all I have to say about that.

images-4

Well, I know I’m going to take some flak for this one, but Phoenix Police Officers that gunned down the homeowner who had just had his home sold out from under him as a result of the economic catastrophe created by our banking industry needed to be better trained.  And the department had better do something about the situation or tragedies like this one are going to happen again… and again.

First of all, I realize that I wasn’t there.  And I understand that the guy had a beer in one hand and a gun in the other.  But he was obviously thinking pretty clearly… after all, a couple of jackasses that had just showed up all giddy about having stolen his home out from under him had just pulled up and told him to get out of their house… so, he went inside and got his gun and started shooting at them.

Okay, so there’s nothing irrational about that so far, right?  Right.  At this point I think the guy’s making complete sense.  I’m not saying I’d do the same thing, but I’m really not positive about that so let that be understood right now.  It could happen.  Guess it would depend on my mood at the time.  I know one thing for sure… I wouldn’t be inviting the guys inside for milk and cookies, how’s that?

Okay, so then the cops pull up.  SWAT Team.  I can only imagine… a bunch of cars, flashing lights… all crouched down behind car doors, guns all aimed at him, like a scene out of NYPD Blue or something.

Okay, stop the scene right there.  Wrong approach already.  What that situation needed was Andy Griffith from Mayberry RFD, not a bunch of cops doing an imitation of something they saw in The Untouchables.

Get a friend of his to talk to him… maybe his wife is home… tell the neighbors to go inside… talk to him… tell him you totally understand shooting the guys that pulled up to say they owned his house, but no one else needs to get hurt.  Don’t shoot.  Duck.  Stay down.  Keep talking.  He’ll calm down.

Call someone who does loan modifications or maybe a lawyer who might still be able to reverse the sale, or even better talk to him about living so he can sue the bank.  And after that, maybe he can kill a couple of bankers.  Hell, it’s Arizona… that might not even be illegal in the near future.

I understand the man had children.  Their father is dead now.  Because he cared very deeply about having put a roof over their heads.  He didn’t want them to look at him as a failure.  He’s a husband.  A provider.  He couldn’t stand the thought of those assholes buying his home.  He had already bought his home.  And it was his tax dollars that had enabled the bank to foreclose on it.  It sucks what’s happening to millions of American homeowners and no one seems to care.  Not the president.  Not the congress… and certainly not the banks.

I’m sure the police that felt they had to return fire aren’t feeling so great about now either.  Chances are more than one of them is losing his home too.  And chances are at least one already has.

Right now… tonight… there are thousands of fathers sitting up alone wondering in the private recesses of their minds whether their life insurance policies will pay off after suicide.

And for the most part, nobody cares.

 

Mandelman out.

images-5

Nov
28

Video: Man who helped destroy economy moving on to better things

"I don’t have to pretend to be nice to people I don’t like."


Said The One of his retirement, “This country has never had a congressman like Barney Frank, and the House of Representatives will not be the same without him.” True enough. Of all the losers to have passed through Congress, how many can say they played a major role in precipitating a global economic catastrophe? It’ll [...]

View the video »

Nov
24

Unmistakably April Charney – A Mandelman Matters Podcast

If there was a Hall of Fame for the foreclosure crisis, and perhaps one day there will be, there is no question that attorney April Charney would be one of the first to be indoctrinated.  She’s been fighting for the rights of homeowners for decades, and training other lawyers to do the same since 1994.  Of course, the advent of securitization and the meltdown of our financial and credit markets, combined with the effects of our housing bubble, has caused an economic catastrophe not seen since the Great Depression of the 1930s, changed everything, but April has been right there on the front lines of the fight to keep people in their homes.  I’d say she knows as much about securitization and what went so terribly wrong as anyone in the country, and she has a way of explaining it, so that judges… and anyone else for that matter can understand it.

April and I have gotten to be friends over the last couple of years, and I have an enormous amount of respect for her, both as a person and as a professional.  She is someone that will not keep quiet… she will not back down… and she will never give up when fighting for what she knows to be right.  She is one of the few people on the planet that I trust unconditionally.  I may not always agree with every single position she takes, but whenever she tells me something, I always give it great consideration, because I know that she does not take positions without having done the same.  In my view, April Charney is one of the lawyers in this country that reminds us that some attorneys should be revered by our society.  If the foreclosure mill attorney David Stern had a polar opposite or arch nemesis… no question it would be April.

Okay, so there no reason for me to say anything more to introduce April, she really is someone that requires no introduction.  She’s been quoted by the media countless times related to the foreclosure crisis, and anyone involved in representing homeowners at risk of foreclosure knows her name and what’s she’s accomplished for homeowners in Florida.  And by the way, she’s also a good friend of Max Gardner’s, another hero of this crisis.

So, whether you’re a homeowner fighting to keep your home… or a lawyer who represents homeowners in foreclosure, here’s an opportunity to hear what April has to say about where we’ve been, where we are today, and where she thinks we might be tomorrow… it’s one solid hour of April at her candid best… you really don’t want to miss it.

Just click the play button below and turn up your speakers…

… it’s a Mandelman Matters Podcast

with Jacksonville Legal Aid Senior Attorney, April Charney…


Mandelman out.

Nov
18

Apocalypse soon: Slim but growing chance that Congress might have to raise debt ceiling again … before next year’s election

Uh oh.


This was, of course, The One’s nightmare scenario, a prospect so politically horrific that he refused to agree to a short-term debt-ceiling deal this past summer even while he was busy warning people of an economic catastrophe if no deal got done. He would have rather hit the ceiling and taken his chances with blaming [...]

Read this post »

Apr
27

Terrifying Facts About The State of The US Economy- The Socio-Economic Catastrophe

More Americans than ever in our country’s history are utterly dependent upon government handouts for basic survival.  This stunning fact collides head on with an equally disturbing fact, the US Government pays out more each year in benefits than we are taking in in tax revenue.

Most disturbing however is the fact that MILLIONS OF JOBS, THE JOBS THAT ARE ABSOLUTELY NECESSARY TO HELP PLUG THE HOLES IN THIS SINKING SHIP ARE NOWHERE TO BE FOUND.

THE JOBS DO NOT EXIST NOW AND THE INDUSTRY NEEDED TO CREATE THESE JOBS IS GONE!

See Below:

While wages and other job-related income fell by a record $206 billion last year to $7.84 trillion, transfer payments from the government such as unemployment checks and Social Security burgeoned by $231 billion to $2.1 trillion. Meanwhile, the amount of taxes that individual Americans paid plummeted by $325 billion to $2.1 trillion as a result of middle-class tax cuts and because nearly 6 million people were thrown out of work and are no longer paying payroll taxes.

The Washington Times

Tweet this!Tweet this! Share and Enjoy: Print Digg del.icio.us Facebook Google Bookmarks email FriendFeed Identi.ca LinkedIn Live MySpace PDF Ping.fm RSS StumbleUpon Technorati Tumblr Yahoo! Buzz Posterous Twitter Yahoo! Bookmarks

Scridb filter
Jul
29

Mandelman on the News Dissector Radio Show

My goodness, I’ve been doing quite a few radio programs lately, have you noticed?  I really like doing the radio show thing, it’s a lot easier than writing long, in-depth articles… LOL… just kidding… sort of.  Anyway, this is a link to me on Danny Schechter the News Dissector’s show, which is out of New York.  We’re talking about the economy and the foreclosure crisis, what else?

Here’s a link to the show:

Mandelman on the News Dissector, with Danny Schechter

Danny Schechter produced and directed the movie, PLUNDER, and I like the movie so much that I suggested that others watch it and even hold “Plunder Parties” so that people across the country would start to realize who caused the economic catastrophe we’re going to be living with for the next way-too-many years.  Here’s a link to that, in case you missed it:

Have a Plunder Party and Help Change Our World

I’m not kidding when I say, “help change our world,” by the way.  The only way we’re going to change things in this country (short of waiting for them to change on their own which will happen eventually, but at 49 years old, it won’t matter to me by then) is for the people to speak out and demand balance… in other words, tell our elected representatives that the banks aren’t the only important members of our society… and the only way the people will speak out is if they realize that what’s happened is not their fault.

Until they (read: you) understand that its not the borrowers, it’s the banks that caused our national meltdown… they’ll (read: you’ll) remain ashamed and unable to speak out.  So, watch Plunder… seriously… buy it and watch it.  It’s like $16.99… and  you can throw $16.99 at something this important.

Anyway… all this radio show practice is going to come in handy… because soon I might just be doing a radio show of my own.  And maybe even some Podcasting… I’m so techie, after all.

Mandelman out.

Website Designed and Developed by Tampa Web Designer