Go ACORN
People have to get into Carper’s face on his bank loving bullshit.
Activists push Carper on mortgage bills
An activist group is pushing Senator Carper to support legislation that would help people facing foreclosure on their homes.
The Association of Community Organizations for Reform Now, or ACORN, is protesting outside Carper’s Wilmington office.
ACORN organizer Darlene Battle says she sees how the foreclosure crisis is affecting people in Delaware.
Audio Here
A spokeswoman for Carper says he does want to bring relief to homeowners facing crisis, and that he supports House legislation currently before the Senate.
Correction: A spokeswoman for Carper says he does want to bring relief to homeowners facing crisis, butthat he wants to support banks more.
Carper: “Put yourself in the shoes of the credit card company.”
Carper, at a December hearing where citizens were testifying about banks jacking up their rates, used his time to defend banks:
Sen. Tom Carper, D-Del., said risk-based pricing is “easier to defend” than some other credit card practices. He asked Rushing to “put yourself in the shoes of the credit card company.” link
Horrible.
Carper gets most of his financing from banks, real estate companies, finance, credit card companies and securities and investment. The mortgage crisis is being used by the banks to cut everyone else out and control the market. It will not lead to greater choice or consumer protection. For a great site on who owns our politicians:
http://www.opensecrets.org/politicians/indus.asp?CID=N00012508&cycle=2008
Did you put Gene Reed’s ownership by Regulatory Insurance Services, Inc. in the above link?
Torturin Tom did you expect something else from him? I have said for years, we need to run John Flagherty against him….lets get some momentum for that idea! Bankruptcies are up 30%, and not a peep from Carper or McCastle.
John is so well known and so trusted bipartisanly he really wouldn’t need much money to launch a campaign against him.
First we need Carper and Biden to repeal the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (S-256). This bill has caused a lot of pain for hardworking, honest consumers in that they cannot get ahead.
Banks are also realing because the default rate is high.
Read on:
http://www.smartmoney.com/theproshop/index.cfm?story=20070823
Good Job Guys… Delaware’s Median Household Income Decreased By 8.7 Percent Since 2000. In Delaware, real median householdincome averaged $52,676 over the 2005-2006 period, compared with $57,682 over the 1999-2000 period. Despite strong gains in productivity, workers’ wages are only marginally higher than they were 25 years ago, and nationally,the inflation-adjusted income of a typical American household fell by $962, or 2.0 percent, to $48,201 between 2000 and 2006. [Bureau of the Census, U.S. Department of Commerce,
As liberals, y’all ought to ask yourself a serious question: why should we spend taxpayer money on welfare for the not-quite-rich who bought Toll Brothers’ McMansions for which they cannot pay?
It’s one thing to support welfare for the poor; at least you can somewhat justify that. But a mortgage foreclosure bailout is going to be taxing people who bought and live responsibly to bail out people who bought too big. You’d be taxing the guy living in a $100,000 house to help keep someone else in a $400,000 house.
The Other Dana,
With Carper you are talking about welfare for the super-rich. E.g. Bankers and Bond Traders.
How does your right wing nut job head deal with that sad fact of life?
Good point Dana… it would be nice to have some kind of cap. While the situation you describe is irksome, I’m not sure how prevalent it is in the scheme of things. If we can’t get a cap, it may be better to tolerate bailing out a few McMansion dwellers in order to save the people who are getting kicked out of their $100,000 homes.
Hopefully the bailout will have some eligibility criteria to separate those who can be saved with a short-term bailout vs. those who will never be able to afford their payments even with a bailout.
In other words, if you really can’t afford the payments on your McMansion in the long term, you probably shouldn’t be eligible for the bailout.
Jason: I don’t want either bailed out. Part of capitalism is the possibility for failure, and I see no reason why big failures should be mollycoddled while small failures get the “too bad, so sad, must suck to be you” treatment.
Does Uncle Sam bail out the guy who thought he could make it by opening a corner grocery store, and guessed wrong?
Dana, you present a fair argument. And on this blog, for presenting a fair argument, you get called a right wing nut job!
Once again, this just proves that there is no room on this blog for the opinions of those who disagree…which, by the way, I am totally fine with. Just please stop trying to pass yourselves off as open-minded and fair.
Bundy,
you are of the opinion that you are open minded. that doesn’t appear to be the case, but that is just my opinion
In most areas, President Bush has done pretty much just what I would have wanted him to do. …
If President Bush could run again, I’d vote for him again.
If those are not the words of a right wing nut job then there is no such thing as a right wing nut job.
I would not have to be open minded to entertain Dana’s lunatic rantings – I’d have to be mindless.
Touche, donviti! Touche!
Mr Bundy, you needn’t worry: I have a very thick skin, and I recognize that when Jason has reached the point of labelling people “right wing nut jobs,” or other such pleasant appellations, it means he is at somewhat of a loss to challenge the points made.
I make it a point not to argue with or debate people who have lost all touch with reality.
So when you talk to yourself, you lecture?
Why don’t we stop bailing out the corporates. They threw poor women off the roles and gave billions in tax breaks to big oil, and other multi nationals. Banksters, and Gangsters all got off easy with the support of Carper, and Castle. Both republicans!
Bail out the poor guy with a job, and he can make his $100,000 mortgage. Delaware is the 13th ranking for charging renters the most. What is wrong in Delaware! Who is monitoring the banksters!