Your Congressman Is Now Your Loan Broker

Ugh…

WASHINGTON – Can’t afford your mortgage payment? If the bank won’t take your call, your member of Congress just might.
Several lawmakers whose districts are drowning in foreclosures are taking unprecedented steps to help people stay in their homes, including picking up the phone themselves to negotiate with banks on behalf of their constituents.

Think about that for a moment. If a member of Congress gets on the phone with a bank, is there not an implied threat of adverse legislation or regulatory policy if the bank doesn’t do what the Congressman in question wants? Are we Americans going to so totally abdicate our individual responsibilities and independence that our politicians are now our loan brokers?
Should we let the politicians feed us and find us jobs and buy our cars for us too?
Remember that the government powerful enough to give you everything is also powerful enough to take everything away.

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  • http://Array brain trust

    Awesome! Sen. Conrad should be able to get me a sweet rate on a home loan. Oh, I suppose that won’t be available since his buddy has now been indicted. I imagine that was only available for beach houses in CT anyway.

  • jimmypop

    and were letting it happen willingly…….

  • http://www.valleydeals.com/cgi-bin/board2/YaBB.pl Kevin

    At least I’m high enough up on the food chain to have any hope of riding out this nonsense.

  • http://www.sayanythingblog.com/ electnixon

    You just have to remember to pay the fee for this service during their next reelection campaign.

  • robert108

    Obama’s fascist takeover continues…

  • http://sayanythingblog.com robport

    You say that jokingly, but it’s not far off the mark.

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