The UK is investigating charges that banks are committing "industrial-scale forgery" for fraudulent foreclosures.

Why wouldn't they? Billionaire banks got away with it in the US 10 years ago because Obama protected them from charges. Why wouldn't British banks try it too?

I hope that the UK shows more courage than Obama did. I hope it convicts individual banksters and puts them in prison for this.

In the US, blacks were more likely to have their homes stolen in this way than whites. That was due to the injustice of racism, one effect of which is to make blacks poorer in general than whites.

I condemn racism, for that aspect as well as others. But this matter is not about racism. The criminal banksters didn't know the victims, or what race they were. The victims were just names on a list to them. Their employers had nothing to do with making the loans to those homeowners, years before — they had bought the loans en masse.

I do not condemn the banks' giant fraud because many victims were black. I condemn it because it was an enormous crime against millions of innocent poor people. Many of them, whether black or white or other, couldn't replace what was taken from them.

The banks got away with the crime through corruption at the highest level, and that is why I keep referring to it, even 10 years later.