Pimps and Parasites

The American Thinker ^ | October 13, 2010 | Jeffrey Folks

[Scanian]

When someone connected with Jerry Brown's campaign referred to Meg Whitman as a "whore," it revealed a lot about the way liberals think. The liberal mind, it would seem, always thinks in terms of offering or receiving payment for illicit services. Whether it is the governor of the state of New York caught with a high-priced prostitute or the Brown campaign itself pandering to the union gravy train, for liberals, just about everything is "pay to play."

This being three weeks before the election, pandering has reached a fever pitch among Democratic politicians. With the apparent failure of certain mortgage companies to monitor every aspect of the foreclosure process, several Democratic attorneys general now see an opportunity to demagogue the issue. As recently reported, Ohio's Richard Cordray is blustering that mortgage companies need "to clean this up by doing loan workouts to keep people in their homes." Meanwhile, Illinois Attorney General Lisa Madigan wants Congress to pass a bill that would allow "cram downs" -- rulings by judges that force lenders to reduce the principle owed by lenders.

One would think that as attorneys general of their respective states, Mr. Cordray and Ms. Madigan would be concerned primarily with upholding the law. Contract law states rather unequivocally that when a debt obligation is freely entered into by two parties, the debt must be repaid. In cases where the debtor fails to pay, the lender has the option of foreclosing on the collateralized property. Neither government nor any other party has the right to step in and modify the loan or prohibit foreclosure if the lender decides that foreclosure is in its best interest.

[Pollster1]

Meanwhile, Illinois Attorney General Lisa Madigan wants Congress to pass a bill that would allow "cram downs" -- rulings by judges that force lenders to reduce the principle owed by lenders.

Private property and the rule of law will be dead unless we expel the Obama/Pelosi wing of the Democrat Party from our government. America is our country, and we need to take it back from people like this.

[mulligan]

Good name for those in our government, especially our corrupt Congress and our corrupt politicians.