Saturday, July 24, 2010

The Forgotten Foreclosure Crisis

About to attend panel with that title (with Merkley, Warren, dday, and Ryan Grim). Maybe a few more people will remember.

..sadly, Merkley won't take the bait from Ryan Grim and say who should be fired over HAMP. Dday says Gene Sperling should go.

...dday makes point that HAMP program isn't just failing, it's hurting liberalism, as needy people are confronted with this complicated "government" program which ultimately just hurts them.


...Warren reminding us that first wave of crappy ARM mortgages were refinances marketed to minority and elderly homeowners. I first realized we had a giant fucking problem at an ACORN presidential candidate forum where practically every audience member with a question was talking about this problem.