Mortgage companies really don't want to fix their foreclosure problems. The CEOs and Board Members and CFOs all have short-term focus. They threaten to "walk" if they don't get what they want, and then the companies "will crash and burn and you'll be destitute".
Of course the politicians and the media just play along with these threats: "Do what they say! We need the experts to stay in charge, so the system doesn't crash!" But the media and politicians only say this, because if they don't, and decide to call these people's bluffs, then campaign contributions and ad money will be harder to come by.
But if CEOs and Board Members withheld campaign contributions and ad sales, that would reduce TV ad costs, and would allow grassroots political reformers to be able to buy ads, and promote Progressive or Teabagger ideals. So the ad money and campaign money will continue to flow in, to lock out new ideas.
Sadly, this is complete insider shysterism - TV ads are wildly inflated in cost, because Corporations keep them high - they gladly pay MORE than they have to, in order to shut out competition.
This happens everywhere - Media believes that their ad purchasers create accounts that are too big to fail, just as Corporate CEOs convince the public/politicians that they are too big to fail. This "too big to fail" is a FAILURE of Capitalism - when it is unregulated.
