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convict county assessors & treasurers & RE agents for collusion with mortgage lenders in economic disaster (Cook IL etc)

Created by L.F. on November 27, 2013

Prosecute county officials for conspiring with realtors and banks to fraudulently inflate housing values, the penalty to be the refund of inflated property tax revenues to taxpayers. Assessors didnt recalculate taxable valuations for all homes despite boarded up properties and low prices paid at foreclosure and tax delinquent sales. The shared interest of public and private sector profiteers is clear - banks alone shouldnt be blamed for the housing market bubble and economic collapse. Banks funded some mortgages with deposits and loans of tax revenues. Inflated mortgages = inflated wage demands = inflated income & sales tax revenues = more government jobs, higher pay & pensions, and more lucrative contracts with private vendors + more wealth for government debt sellers and buyers.

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