Robert Oak's blog

Foreclosure Settlement Shows 4.2 Million Borrowers Shafted in 2009-2010

The truth comes out on the mortgage fraud settlement.  The OCC announced the payout terms and for most people, they get less than $1,000 out of the deal.  Only in America can one be fraudulently foreclosed on, lose their home, have their credit ruined, only to be compensated less than $1,000 for the ordeal.

Friday Movie Night - Women Who Make America

Tonight's Friday Featured Documentary is the three hour PBS documentary Women Who Make America.  The film goes trhough the history of the woman's movement of the 1960's.  Recently we wrote about foreign guest workers enabling sex discrimination in high tech.  This film shows just how bad it was for women's equal rights and the battles fought.  Yet in 2013, Republicans are yet again blocking a bill to guarantee equal pay for equal work.

The Student Loan Money Machine

Going to college these days amounts to sinking oneself into a lifetime of massive debt.  A new student advocacy report spells out some damning facts.  Did you know the federal government is slated to make a whopping $34 billion in 2014 off of student loans?  Meanwhile other reports are showing student debt is keeping people from obtaining credit, buying a home and moving on with their lives.

La-La Libor Lawsuit Land

Another bank ripoff and another lawsuit dismissed.  The Libor manipulation scandal spurred private investors and others to sue the banks over their losses.  A judge just threw out major portions of their case.  There were at least 22 Plaintiffs.  Now groups like the City of Baltimore are out of luck in recovering all of their losses due to banks manipulating a key interest rate.

Friday Movie Night - A Collection of Outrage

Tonight's Friday Night Video is a collection of news and interview clips that need to be seen to be believed.  The first is a report from NBC Rock Center on how people are getting their identities stolen and then ripped off.  If that wasn't bad enough, identity thieves are filing bogus tax returns and collecting the refunds

The Boys Club of Tech Perpetuated by Foreign Worker Visas

It is 2013 and a dirty little secret is once again coming to light.  Silicon valley is devoid of women computer scientists and engineers.   It all started at a tech conference where two men in the audience were engaging in tech's typical juvenile sex jokes chatter with a woman techie sitting right in front of them.

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