Yesterday, you read details of the just-concluded foreclosure settlement completed among the largest banks, the OCC and the attorneys general of 49 of the 50 states. While far from perfect, it did provide a number of benefits to suffering homeowners--EXCEPT THOSE IN WISCONSIN!! Was Wisconsin supposed to be an exception to the deal? NOOooooooo!! However, in a decision supported by his Atty Gen, Governor walker has announced that he'll take (a very accurate word in this case)over 81% (that's more than four fifths) of the $31.6 million coming directly to the state for the crisis and place it in the state general fund to reduce the state's overall deficit, rather than put it to the use intended--helping suffering desperate homeowners avoid foreclosure or get at least a pittance to help get back on track if they've already lost their homes. Walker uses the lame (try, limp; better yet, try RIDICULOUS) excuse that the foreclosure crisis has so damaged Wisconsin and its budget, that it's OK for him to derail these funds and use them to try to balance his state budget. For those of you reading this in Wisconsin, or who know suffering homeowners in the Badger state, it's time to get on the phone, email, US Mail or any other way you communicate and let those owners AND the governor know that this is totally unsatisfactory and about as good a reason to be removed from office by recall as any I could have thought up were I a Wisconsin resident/taxpayer. Historically, I have tried and managed pretty well to remain out of politics and just helped out those of you suffering from the foreclosure situation. But this action by the Wisconsin governor is so beyond the pale, I cannot just stand by.
Good luck!
Saturday, February 11, 2012
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