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Why is a Democratic administration doing this? [View All]

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Jakes Progress Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-29-10 06:32 PM
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Why is a Democratic administration doing this?
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http://www.nytimes.com/2010/11/29/opinion/29mon2.html?_r=2&ref=opinion

Now, despite mounting evidence of borrower mistreatment, the Federal Reserve has proposed a rule that would disable the most effective legal tool that borrowers have to fight foreclosures.


Just why has it become the job of the administration and of Democrats to come to the aid of Corporate greed when those corporate interests go after American citizens? Morality aside, just why does the administration think these actions will convince the public to vote for them next time?

Of course, Obama can do right by this. He has, at least on one occasion, listened to his new advisor, Warren, and overruled such outrage. Let's hope she gets his ear again.
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