While senior Congressional Democrats join the calls for a national moratorium on foreclosures, the White House once again is arguing against punishing the industry, just as it did in 2009 amid the outcry over the unbreakable habit of paying large bonuses.
“Irresponsible banks need to be held accountable, but if we have not found a problem with a bank’s process we do not believe that we should impose a moratorium where that can hurt the market and hurt individual buyers,” said Shaun Donovan, secretary of Housing and Urban Development.
This is nothing but putting off the inevitable.
It's certainly gratifying to note the administration wants to cover for the greatest swindle in world history:
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Sharron Angle decides to rewrite her positions on a variety of issues long after she has been exposed as a dipshit extremist. Not to mention she is completely untrustworthy.
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Obituaries: Champion racehorse Pleasant Tap, 23, was euthanized October 8 because of laminitis.
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The dog that wouldn't die:
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