what caused todays housing debacle

March 16, 2010

Over 15 years ago, Virginia and I tried to tell both political parties in DC

about the wide spread corruption in the housing and banking industry. At the

time we estimated the cost of corruption nationwide to be in the billions. When

the housing market collapsed a year ago, the cost to taxpayers is over a

trillion dollars.

Part of the cause is that local government home inspectors and assesors also

worked on the side for banks and credit unions performing the same function they

did for government. Banks gave big loans for over valued homes. It was for the

direct benefit of the governments for the homes to be over valued so they could

collect higher property taxes. This obvios conflict of interest is called a

Crimial Conspiracy and Racketerring in Legal terms and is very easy to prove.

We were the first whistle blowers into the situation we now know as todays

housing market collapse. Still, after over 15 years nobody in DC wants to listen

to us.Seems they are affraid of the TRUTH!

Virginia and Ken Moulton

March 16, 2010

Hi, Ken. It's good to hear that you have been trying to get the government to

do the right thing and that you aren't willing to give up. My family was

attacked and harassed by State Farm for 7 years. Numerous crimes were committed

against us. We told everybody including the President, and we aren't giving up

either. If you want to read more about our litigation battle with State Farm,

go to my website at truthaboutmold.info. You will see on the Mold Stories page

that there are many stories about families who have had to fight State Farm to

try to get them to honor their insurance policies.

>

> Over 15 years ago, Virginia and I tried to tell both political parties in DC

about the wide spread corruption in the housing and banking industry. At the

time we estimated the cost of corruption nationwide to be in the billions. When

the housing market collapsed a year ago, the cost to taxpayers is over a

trillion dollars.

>

> Part of the cause is that local government home inspectors and assesors also

worked on the side for banks and credit unions performing the same function they

did for government. Banks gave big loans for over valued homes. It was for the

direct benefit of the governments for the homes to be over valued so they could

collect higher property taxes. This obvios conflict of interest is called a

Crimial Conspiracy and Racketerring in Legal terms and is very easy to prove.

>

> We were the first whistle blowers into the situation we now know as todays

housing market collapse. Still, after over 15 years nobody in DC wants to listen

to us.Seems they are affraid of the TRUTH!

>

> Virginia and Ken Moulton

>

March 16, 2010

Thanks for the post. Taxation without representation, and losing our homes and

pensions and wealth to those same bankers that made billions if not trillions

off the bubble they created. And we punish them by giving them more billions of

dollars of our tax money? FRUSTRATING!!!

Eli

From: ken <kenhmoulton@...>

Subject: [] what caused todays housing debacle

Date: Tuesday, March 16, 2010, 7:24 AM