Why Does Congress Hate America?

[Panaconda]

Why Does Congress Hate America?
Written by Michael Collins
Oct 8, 2010



Oh, it’s just that Collins guy mouthing off again.

Actually, I was far too easy on Congress yesterday in Lawless Nation – Congress.

Here’s why: HR 3808 The Interstate Recognition of Notarizations Act of 2010

The bill is the response to the events outlined in a story that Numerian scooped on foreclosure problems. The banks are in big trouble. They failed to follow the law and rules in handling mortgages. Instead of foreclosing on home owners, those upside down and under water can consider strategic defaults on the mishandled notes. Legal efforts have reached a point where there’s a “tsunami of legal action against mortgage servicers” as Tyler Durden calls it.

A clever Mandarin somewhere figured out that by changing the law on notarizations, after the fact, Congress could stop the tsunami by “making it more difficult for homeowners to challenge foreclosure proceedings against them.” (See Ellen Brown)

HR 3808 passed both houses of Congress with ease. How? (See “Major Actions”) On April 27, it passed the House by a voice vote. On September 27, it passed the Senate unanimously. It took just minutes for the bill to pass in both chambers. Things move right along when there’s no debate.

It was more important for Congress to fix things for the bankers than to keep constituents in their homes in the midst of a relentless financial crisis, as a cold winter approaches. Congress has inherent contempt for the people. We’re probably not even important enough to hate.

Here’s the Smoking Gun

The bill originated in the House and passed without debate on April 27. It had a Republican sponsor and three cosponsors for a split two Republicans and two Democrats. The House version of the bill was sent to the Senate months ago. It sat dormant in the Senate Judiciary Committee until things got dicey and strategic defaults emerged as a real possibility due to rule breaking on a massive scale in the mortgage industry.

As if by magic, the bill emerged from committee and was passed unanimously by the United States Senate.

From the Congressional Record – a Smoking Gun for the Big Fix



Leahy let the bill out of his committee. Casey was the bag man. But everyone from top to bottom in both chambers was in on it. Hold them all accountable. Can you imagine any Republican stopping it? Would Senate Finance Chair, Chris Dodd, (D-CT) have stopped it? Where was Rep. Barney Frank (D-MA) when this beast was born in the House?

“… with no intervening action, and any statement be printed in the Record.”

This is how they cover their tracks creating plausible deniability, to use a DC term. The people don’t deserve a debate and, come to think of it, Mr. Casey may have thought, they don’t even deserve a written record. We’re just the chumps, the pawn to be moved around the chess board of their strange world so disconnected from reality.

Winners and Big Losers

Lets start with the losers first.

Big Losers: Every member of the U.S. House of Representatives who knew about this bill and failed to object; the Speaker of the House; and, the majority and minority leadership. And, of course, the sponsor and three co-sponsors of HR 3808: sponsor, Rep. Robert Alderholt (R-AL) and co-sponsors Representatives Bruce Braley (D-IA), Michael Castle (R-DE), and Artur Davis (D-AL).

Big Losers: Every member of the United States Senate who knew about this bill and failed to object plus the majority and minority leadership. Special mention goes to Senator Patrick Leahy (D-VT), Chairman of the Senate Judiciary Committee for letting the bill go and Sen. Robert Casey (D-PA), who introduced the bill for passage without comment and without any statements on the Record. Casey made sure that the bill passed unanimously.

Winner: Numerian for the best comprehensive analysis of the failure of foreclosures and emergence of strategic defaults in The Devil’s in the Details plus the cadre of financial bloggers who flesh out these stories.

Winner: President Barack Obama who did a pocket veto of this bill thus killing it for the time being. Well done!

Winner: White House blogger Dan Pfeiffer who explained the president’s pocket veto. After diplomatically stating why the bill was nixed, Pfeiffer said, “The authors of this bill no doubt had the best intentions in mind when trying to remove impediments to interstate commerce.” White House Blog Oct 7 Irony with a tinge of condescending sarcasm. Well done!

Watch for the sequel, Re-Animator II – How Congress Tries Again to Save the Big Banks.

END

HR 3808 and Summary of Major Actions

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http://dailycensored.com/2010/10/08/why-does-congress-hate-america/

[Skidmore]

1. I'm calling my legislators, House and Senate, and am asking

why they allowed something like this through without objecting. I'm also going to tell them that I'm happy one person was on watch with it and will not forget that they aren't that individual.

Damnation. And all we freaking hear is how the President is not looking out for us. I still don't understand why some of these conrespeople are given passes incessantly.

[Newest Reality]

2. Got representation?

So, whom is representing whom for what purpose?

The show is well done, yet it seems that the veil is eroding quickly when you stare at it long enough.

Only in some other version of this reality would this severely piss The? People off, make' 'em wanna' holler, throw up both their hands, get mad as hell and make it clear that they are NOT going to take this anymore.

No, we seem to be chickens of the civil, (and very fearful) kind. The wealthy foxes are trotting around our hen house with arrogance, ecstatic glee and lotsa' laughs. They are getting obese from the spoils derived by their running of our caged little lives, (well, the cages do have TVs). We don't even shiver or rouse when someone brings up what we are delivering our kids and future generations into it, not to mention species and ecology.

The foxes represent us. They will always do what is best for our their kind.

[Skidmore]

3. Those foxes apparently have no problems with killing all the chickens

because they think they can just go find another chickenhouse to raid.

[Bigmack]

5. Ya know....

... that fox-henhouse thing....

One time I had a medium sized raccoon get into my henhouse. I heard the squawking and by the time I got there, my big rooster had the raccoon cornered and was spurring the shit out of him and slapping the raccoon silly with his wings. Granted, he was a big, mean rooster, and the raccoon was a medium-sized one, but I think there is a message for us here.

Sometimes the chickens fight back.

[Bigmack]

4. I sent this winging its way to everybody I know... nt

[autorank]

6. kick n/t