Republicans Blame Homeowners, Not Banks for Foreclosure Fraud (VIDEO)
The evidence continues to mount that the nation’s largest banks rushed through hundreds of thousands of foreclosures, and in so doing, likely wrongfully evicted thousands of homeowners in the process. It’s gotten so bad that many in Congress have called for a halt to all foreclosure proceedings so that the depth of the problem can be properly addressed and a process put in place for sorting through those homes that should legitimately go through the foreclosure process and those where errors exist.
Throughout this process Republicans have been noticeably silent, perhaps choosing instead to campaign on platforms of intolerance toward gays and pandering to corporate elites rather than offer any substantive thoughts on the systemic fraud gripping the banking sector.
This weekend though Republican leader Eric Cantor chose to break his silence on the foreclosure crisis, with other Republicans quickly picking up the talking points. And his position should come as no surprise. Rep. Cantor came to the defense of the housing industry and laid blame squarely on the feet of the American homeowner.
photo courtesy of respres via Flickr