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Thursday, October 14, 2010

Republicans don't like property rights

A slew of Democrats have called for a mortgage moratorium in the wake of news that most foreclosures have and are not being handled with the legal due diligence required.

The banks call it a mere 'technical issue' which is their euphemism for breaking the law.

Eric Cantor, GOP minority House whip agrees with the banks. "You're going to shut down the housing industry. People have to take responsibility for themselves,"

How about the banks taking responsibility and making sure the legal requirements are followed before foreclosing on someones home. I thought Republicans respected the rule of law and property rights.

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