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Topics: mortgage

Sunday, 21 October 2007

image for Mortgage Borrowers on Strike

Wall Street, New York (IP) - Our financial investigative reporter has discovered that mortgage borrowers have grown tired of being robbed blind by banks and other lenders and have gone on strike. This activity has caused a financial crisis of global proportions.

There is more financial bad news on the horizon for the corporate world. Now that people have discovered the power of the strike they have decided to apply that power to other areas as well.

The other areas include a general strike for better wages, lower oil prices as well as drug prices and insurance prices.

The oil, drug, and insurance companies have all enjoyed multiple quarters of record profits effectively creating a record transfer of wealth from the working class to the already super wealthy mega-institutions and now the pendulum is beginning to swing in a new and more equitable direction. No one has anything to gain with the destruction of the middle class.

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The story above is a satire or parody. It is entirely fictitious.

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