Real Estate News & Views

Monday, June 23, 2008

OF FOXES & HENHOUSES

Far too little attention is being paid to a scheme to shift billions of dollars of bad mortgage loans from the initiators of the loans to the taxpayers by way of the FHA. This is a very small blog with very limited readers, but perhaps if you are as offended by this theft and the graft of our elected and supposedly responsible elected officials you can pass it along, and maybe then?
http://www.examiner.com/a-1449448~Bank_of_America_PAC_money_behind_Dodd_s_Countrywide_loan.html
This is only one of many articles available if you google dodd countrywide. Dodd should immediately resign his chair position, should be investigated for grafts and/or bribes as should others whose names arise in an investigation. How these people can continue their search for culprits in the mortgage mess we're in, while the culprits are among the search party, is beyond description. For those who ask if there's anything anyone can do about the filth that surrounds us, how about a letter or phone call to your congressman to block this effort?