If Banks Don't Start Working With Foreclosed Homeowners Their Profits Are Going To Plunge

President Barack Obama

The U.S. banking sector has seen terrible declines over the past few years, due to the mortgage crisis and overall financial decline of the country, under presidents George W. Bush, then Barack Obama. The government, at the taxpayers expense, has given major U.S. banks billions of dollars from the Treasury, to keep them afloat. However, despite these funds coming courtesy of the taxpayers, a number of banks are still making it as difficult as possible for homeowners to obtain mortgage modifications to remain in their properties.

Standard tricks being used on homeowners run the gamut. They range from pretending they did not receive documents that were faxed or mailed to the bank(s), despite established couriers such as the U.S. Postal Service, Fedex and UPS, providing mailing confirmation, to not notifying property owners of the options available to save their homes.

If banks keep playing with homeowners, opting for the quick buck in trying to rush people out of their homes to auction off properties in a market so overcrowded and poor nothing is selling, they will see massive revenue declines again. Kicking distressed homeowners to the curb is not the way to financial profitability, but long term losses (as in loss of mortgage interest payments over time had they straightened out said loans).

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Did The Kardashian Clothing Line Lead To Sears Poor Christmas Sales And Store Closures

Kardashian Kollection

Prior to the Christmas shopping season, the Judiciary Report, commented on Sears anchoring their stores' apparel section on the prominently displayed Kardashian clothing line that did not strike the site as popular (the Kardashian clothes do not look very good and the materials appear cheap). See November 23. 2011 article Kim Kardashian Waging A Smear Campaign Against Husband Kris Humphries.

After Christmas, the company made an announcement that their sales were way off from the prior year and they would be closing 100-120 of their Sears/K-Mart stores this year as a result, leaving many unemployed (Sears And Kmart To Close 100-120 Stores). Did the Kardashian line and the family's embarrassing fall from grace damage Sears' sales.

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Will Hollywood's Record Box Office Slump Continue In 2012

Copyright infringing "New Years Eve" was the biggest flop of 2011

Some are wondering if Hollywood's box office slump, which hit record levels in 2011, via terrible, decreased revenues, will carry over into 2012. With the ongoing financial crisis in America, people aren't thinking about movie tickets, as they are losing their homes and jobs.

The unemployment rate continues to rise, making many things unaffordable. Ironically, to compensate for the massive loss of customers, Hollywood continues to unscrupulously raise ticket prices to ridiculous levels, meaning less people are seeing their products twofold.

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Another Rihanna Album Has Flopped With The Release Of "Talk That Talk"

...Stupid Thing To Name An Album That Has Not

Rihanna was caught with cocaine in her nose this month

The latest pop poop from R&B bleater, Rihanna is flopping again, pulling lower numbers than her last failed CD "Loud." Rihanna's "Talk That Talk" didn't, as the album has no legs and is flopping on the charts. According to Hits Daily Double, the CD is expected to sell 180,000 to 200,000 copies in its first week of release, which cannot sustain a hit album by a major label artist or associated recoup costs.

It will struggle to reach platinum certification, if at all. And truth be told, she will not need to sell that number, because albums shipped and not actually sold, count towards certification, which is an inaccurate and flawed system upon which to gauge success.

During the years Mariah Carey was having sex with Tommy Mottola, which led to a nasty divorce from his wife of 20-years, he would flood the market with her CDs to gain certifications she did not earn, as a massive number of the CDs were sitting on the shelves unsold. But it allowed her to falsely claim she sold a gazillion records. She was claiming astronomical numbers that did not square with the facts.

The minute Carey left the label, where his people were still embedded, her albums began flopping, as Mottola was not there anymore to provide the smoke and mirrors, which he handsomely profited from as well in receiving a chunk of her royalties on inflated numbers.

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