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Northwest Voices

Seattle Times letters to the editor

March 6, 2009 at 5:28 PM

Obama’s mortgage relief

Stop the continued abuse of the American public

Bankruptcy judges should be allowed to adjust mortgages and provide immediate relief to homeowners at risk. This policy would cost the taxpayers nothing and force the corrupt-banking system to shoulder some of burden of the crises they have created.

My neighbor has lost her job, thanks to this crisis. She may be on the verge of financial bankruptcy, but the financial sector is already morally and intellectually bankrupt.

Our government should not support their continued abuse of the American public.

Somehow the banking industry still has millions of dollars to pay lobbyists to convince our government to serve their interests at our expense.

If you smell a rat, you are not alone. It is time for members of Congress to represent us and to oppose banking-industry attempts to write our laws.

I will work to defeat any member of Congress who continues to work with California Rep. Ellen Tauscher’s “New Democrat Coalition” to manipulate our laws to benefit the financial sector at the expense of individual American citizens.

— Judy Hopkinson, Bellingham

Comments | More in Economic stimulus bills, Housing market

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