You Got to Be Kidding Me!

And Speaking of Congresspersons…

Posted in Politics, Snark by Stacy McMahon on August 22, 2008

Via the Housing Bubble Blog, Rep. Laura Richardson (D-Long Beach) is right down there in the trenches with the little guy when it comes to her mortgage problems. Nah, just kidding:

After Richardson stopped making payments on the home, it was sold to an investor at a foreclosure auction. But the property was returned to Richardson in June, after her bank rescinded the sale.

Being evicted from your home due to foreclosure? No problem, just ask the bank to give you your house back! It’s an incredible public relations move, and just check out this little additional service for our poor innocent:

In another development, Washington Mutual paid Richardson’s outstanding property tax bill of $9,000 on July 31.

I wonder what it takes to qualify for that. No. But the Daily Breeze LOLZes like a champ…

No public records explain why the bank would do that, though it is possible that the tax bill was added to Richardson’s loan balance in a refinancing.

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3 Responses

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  1. Clint said, on August 22, 2008 at 11:50 am

    I think part of the problem with the legal system in America is that the people making [and enforcing] the law are usually above the law. So it’s quite easy for them to pass a harsh law, knowing it will never affect THEM. “Me get tasered [or foreclosed]? That unpossible!”

  2. Stacy McMahon said, on August 22, 2008 at 12:32 pm

    Yes, I’ve noticed the strongman tendency in the working world. You don’t find a lot of people who are willing to speak up and say something doesn’t make sense. Though not all the blame goes with the timids — it’s just as common to see those who do raise an eyebrow being moved aside to make way for the dumb plans…

  3. Clint said, on August 22, 2008 at 3:55 pm

    How delightfully cynical 🙂 True, true…


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