Fire them, every one of them who attempted to hurt the homeowner, get them out of the position from whence they have a platform to cause us harm, we have suffered sufficient, millions of homeowners have moved silently into the dark, heading for the road to nowhere in hotels leaving the house empty and in abandonment, to please the ignorant bankster.
FIRE THEM GET THE OUT
Why Does Congress Hate America?
By Michael Collins (about the author)
For OpEdNews: Michael Collins – Writer
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.
By Michael Collins (about the author)
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.
HR 3808 and Summary of Major Actions
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Michael Collins is a writer in the DC area who researches and comments on the corruptions of the new millennium. His articles focus on the financial manipulations of The Money Party, the abuse of power by government, and features on elections and (more…)
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Congress doesn’t represent us because we never elect officials that will represent us.
We elect greedy millionaires who take in millions from corporate lobbyists in return for a promise to loyally serve. Then of course, those same millionaire congress-crittters vote to serve the interests of their backers.
If you want something different, then stop voting for millionaire candidates who also take in millions more in campaign contributions.
If a candidate has money for his campaign, then that candidate will serve money once elected.
If you want a Congress to represent us, then we have to elect the candidates that will represent us instead of money. This is easy to do.
Do not vote for a candidate you see often and favorably on TV.
There’s two ways this happens. One is if they have the corporate money to buy time for their own ads. The second is that they get free ‘news’ coverage from the corporate owners of the TV stations, which only the candidates who serve corporate power receive.
So, simple rule. Do not vote for the politicians you see on TV.
The candidate you want to represent you is the one too broke to buy TV ads.
The candidate you want to represent you is the one the owners of the TV stations hate and who is either ignored, ridiculed or attacked by the TV stations.
by Samson (3 fans, 1 articles, 0 quicklinks, 17 diaries, 218 comments [152 recommended]) on Friday, Oct 8, 2010 at 12:25:59 PM
THINGS WILL GET UGLIER
Thank you very much for alerting me to this fraud, and for calling my attention to Ellen Brown’s article. I am trying to research some additional information about this fraud, and it is possible that Congress tried to sneak through this legislation in a feeble, failed attempt to protect themselves from recriminations when it is learned that taxpayers have already been saddled with the massive bad debts from the toxic mortgage-backed securities that were purchased and/or used as collateral for loans via government-backed programs to bailout the financial services industry.
by Blaine Kinsey