Wednesday, April 11, 2012

Issa Blames Homeowners for Bank Fraud (for 3/20/12)

Darrell Issa, a California U.S. Representative and Chairman of the House Oversight and Government Reform Committee, recently blamed homeowners at a hearing on foreclosures.  Wells Fargo, JP Morgan Chase, and Bank of America were some of the Big Banks who had representatives at this hearing.  Issa blamed homeowners for robo-signing by unqualified employees at these banks even thous the banks gave the titles of "vice-president" to people not prepared for the job.  He said "people who stopped paying"contributed to an overload of work.
Yet another example explaining why Congress' popularity is at an all-time low.  Issa proved he is out of touch to make these comments a month after the foreclosure settlement.  And it shows why people occupy houses under the threat of foreclosure.

http://thinkprogress.org/economy/2012/03/19/447565/issa-blames-bank-fraud-homeowners/?tw_p=twt
http://www.alternet.org/newsandviews/article/864639/darrell_issa_holds_another_all-male_panel_in_brooklyn,_this_time_on_foreclosures%3B_gets_mic-checked/?tw_p=twt

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