Exploding Foreclosure Fraud Issue: An Opportunity for Democrats to Turn the TideMike Lux - Author, The Progressive Revolution: How the Best in America Came to Be
Posted: October 11, 2010 09:46 AM
<snip>
There is a huge opportunity to create a late shift for the better in Democratic electoral fortunes because of the foreclosure fraud scandal. With the issue exploding, Democrats need to take advantage of the fact that it us who are doing the right thing on this issue, while Republicans are at best standing on the sidelines doing nothing, and at worst getting in the way of solving the problem. Democrats being on the side of homeowners getting screwed and being against bankers and lawyers who are committing fraud by sending people to foreclosure mills feeds perfectly into the overall theme progressives and some Democrats have been pushing that our government and economy can only be fixed by standing up to corporate predator special interests.The foreclosure fraud issue has been brewing a long time now. Groups like SEIU, National Peoples Action, PICO, and other community organizations have been organizing on it for many months now, and have been doing the legal research needed to start nailing these foreclosure mills and fraudulent banks. With the issue now exploding, I think there is a real chance to shift the debate to a new level. While Democrats have been slow in understanding or picking up on this issue, the good news that they are still capable of standing up for working families on an issue like this. It is Democrats who have overwhelmingly been the ones to stand up to the banks on this issue -- Obama with his veto, Pelosi and Reid and many other Democrats in Congress who have taken strong stands on the issue, and Democratic Attorneys General around the country who have taken on the banks on their fraud. The Republicans, with only a couple of exceptions have been overwhelmingly silent on the issue, and in some cases, like the MI AG, have come out against doing anything to help consumers (because he didn't want to "politicize" the issue). As Digby summarized it:
<snip>
Much More:
http://www.huffingtonpost.com/mike-lux/exploding-foreclosure-fra_b_757860.html:shrug:
:kick: