LTE: More Subprime Mortgage Crisis and Fossella
A recent LTE in the Advace;
Who could see the sub-prime mortgage crisis coming? Well, Congress for one.
In April 2005, the Republican Congress tightened up personal bankruptcy filing laws, making it harder for individuals to find relief and get back on their feet. Many Democrats joined in this vote; Bush signed it into law. Who benefited? Not the working poor or the middle class.
Where are his calls for investigations? Where were his efforts before this escalated to this point? If Vito Fossella is part of the problem he can not be part of the
solution.
Labels: LTE, Rep. Vito Fossella, staten island advance, subprime lending
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