Clinton’s desire to protect lenders is questioned
Hilliary Clinton’s ruse to protect her friends while playing up to homeowners is so shallow it’s not even funny. Consider Whitewater and other “Clinton” dramas they wish you would forget about. Clinton proposed greater protections for lenders from possible lawsuits by investors, a variation of so-called tort reform. For years, GOP leaders have called for restrictions on what they consider unwarranted lawsuits against businesses. Democrats have often resisted them on grounds they limit injured parties’ legitimate rights to redress.
“Many mortgage companies are reluctant to help families restructure their mortgages because they’re afraid of being sued by the investment banks, the private equity firms and others who actually own the mortgage papers,” Clinton said in what she billed as a major address on the economy at the University of Pennsylvania.
Sure Hillary. And what happens if foreclosure costs the banks even more? This sounds to me like Bush blaming the Chinese for high gas prices while his partners and friends enjoy the rewards of high gas prices. Greater protection for lenders is not what the country needs right now. Expose lenders as the unregulated predators they really are and we will be closer to the truth.