CONGRESS IGNORES HOMEOWNERS IN DISTRESS

August 31, 2009

As we've been reporting for some time now, Congress continues to turn a blind-eye to homeowners struggling to save their homes. It sure was/is easy for the elected representatives to "rescue" any industry that can benefit their own interests, but heaven forbid if you aren't ready to offer them a few thousand dollars for their coffers or hire their "educationally-challenged" offspring as your new CEO.

These "representatives" apparently still haven't gotten the message that people are mad and will not allow the current cast of characters to continue in the cushy jobs they were elected to perform. The rules of the game, as politicians have known them for a hundred years, have changed. People are aware of the corrupt characters representing them, mainly due to the efforts of independent bloggers - hello Mr. Rangel!

It's high time that Congress step in and demand that lenders seriously attempt to modify mortgages, especially those in imminent danger of foreclosure. The Administration can sure find things to spend money on and events to distract us. Any chance they can look at the perilous situation facing huge numbers of homeowners? That part of the economy apparently isn't sexy enough for them - so, maybe if we can make the issue more attractive or someone can offer a CEO spot to one of their mushrooms in return for some action, we could see something being done for homeowners.