Geithner's Plan Will Tax Main Street to Make Wall Street Richer

My cousin is an FBI agent and has a secure job. She has bank approval for money to buy a home. She found one with a for sale sign that is bank owned as a result of a foreclosure.



Here is the rub. The bank that owns the property won't even respond to her offers. It appears that banks that foreclose may not even be interested in selling these to qualified buyers.



Could this be part of the issue if banks are intentionally refusing to sell these houses in order to keep them on their books at inflated values just so they can beg for more bail out money?



Congress needs to attach more stings to the cash. If a bank has an asset they can sell then they MUST sell it. No sitting on foreclosed homes either as a means of real estate speculation or as a means to bloat their bad assets. An asset you have a willing buyer for is not a bad asset.



Is anyone paying any attention ??
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