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Friday, July 25, 2008

Madam Foxx Votes No on Foreclosure Prevention Act 

No surprise.

The Foreclosure Prevention Act of 2008 is designed to help 400,000 homeowners avoid foreclosure. The bill also includes a federal bailout for mortgage giants Fannie Mae and Freddie Mac.

Virginia Foxx voted no, blaming the victims of mortgage scams for being victims. You should have known better. So what if you lose your house? Some packing crates make excellent shelter.

The bill passed in the House anyway, 272-152, and El Presidente says he'll sign it.

Labels: George W. Bush, home foreclosures, Virginia Foxx

// posted by J.W. Williamson @ 7/25/2008 08:40:00 AM

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about

• J.W. Williamson was the founding editor in 1972 of the Appalachian Journal: A Regional Studies Review, which he edited until July of 2000. He has taught college classes in Appalachian history, cultural politics, and literature, and he has lectured widely on the pop-culture history of "Appalachia" in the American consciousness. His books include Interviewing Appalachia, Southern Mountaineers in Silent Films, and Hillbillyland: What the Mountains Did to the Movies and What the Movies Did to the Mountains. He has won the Thomas Wolfe Award given by the Western North Carolina Historical Society, the Laurel Leaves Award given by the Appalachian Consortium, a special Weatherford Award given by Berea College, and the Cratis Williams-James Brown Award given by the Appalachian Studies Association.


• The views expressed on WataugaWatch are solely those of J.W. Williamson or individual contributors and are not necessarily shared nor endorsed by the Watauga County Democratic Party nor by any other adults of sound mind in this or any other universe.