Rep. Virginia Foxx Fails to Protect her Constituents
Recently we learned that Rep. Virginia Foxx blames the mortgage crisis on the "welfare mentality" of our citizens. She failed to distinguish between the vast majority of people who are facing foreclosure due to personal or family illness, divorce or job loss and the very small number of foreclosures caused by irresponsibility or dishonesty of the borrower. She lumped all people facing foreclosure into one group and according to Virginia Foxx, these people never expected to have to pay their mortgage in the first place.
Most of these people who got these loans that are in trouble now, got them because they never expected to pay them back. They expected somebody to bail them out. They weren't honest when they did these loans.
During the same floor speech, Foxx claimed that the mortgage crisis was not a national crisis.
This is not a crisis of a national proportion. This is a personal matter, not a national crisis.Falling home prices are not the problem. Home prices went up tremendously for several years. Everybody knew that was going to have to come to a halt.
You knew and yet you allowed banks to continue to lend on inflated values? You knew and yet you allowed appraisers to continue to place false home values on the appraisals they turned over to mortgage lenders? You knew and you did nothing to stop it?
Now, Virginia Foxx, you blame individual homebuyers who may not have been aware that they were buying a home that wasn't worth the appraised value on the day they signed the loan.
You knew and you did nothing.
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Oops, she didn't mean it that way
she meant that she has been and always will be in the dark pocket of the Republican puppet masters.
Personally, I think it amounts to criminal negligence
Somewhere I have video of her saying that the markets would take care of it, but I couldn't find it yesterday. I'll put it up if I find it.
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Vote Democratic, the ass you save may be your own.
The great state of NY is looking into criminal charges
for the people that caused this crisis. Now that the ICRC has "leaked" the info about torture, there are many people wondering how Obama can ignore the overwhelming evidence of criminal activity. I wonder when these legislators will be called out for their criminal negligence.
So, from the cankerous lips of Virginia Foxx
we are told to believe that MOST people that got loans that are in trouble never planned to pay them back? WTF?
Yeah, Virginia! That has to be it. You know, most people will buy a house on credit from the bank/mortgage company, then make payments on the place for a few years, and then expect that the GOVERNMENT will come and BAIL THEM OUT and they will get a free house. Because, you know, we've had SO many homeowner bailouts in the past that it was OBVIOUS it was going to happen again this year. Those filthy bastids took those poor banks/mortgage companies loans, knowing full well that their DECEIPT in never planning to pay for the home would easily be forgiven. Because, again, there are so many instances in American history when homeowners were forgiven their loan payments and told to go merrily on and the banks/mortgage companies can suck on it!
Virgina? Do you know how fuc*ing stupid that sounds? Do you know how fuc*ing incredibly ignorant a person would have to be to believe even one word of that tripe?
Yes, Virginia. There is a Democratic Santa Claus and the SOB is going to give away free houses this year. Same as it ever was. (Present Day Republican:
THIS IS NOT MY BEAUTIFUL HOUSE)!
North Carolina. Turning the South Blue!