Senator Warren Asks FHFA Director Mel Watt About Principal Reduction


Senator Elizabeth Warren posted about his on her Facebook page article Senator Warren Asks FHFA Director Mel Watt About Principal Reduction.

Senator Elizabeth Warren asks Federal Housing Finance Agency Director Mel Watt about principal reduction for homeowners, at a Senate Banking Committee hearing on November 19, 2014.


If this bozo had done something in the year he has been in office, how many people whose houses would have been saved might have come out to vote for a Democrat in the last election?

All the phoney number the Democrats produced about how the economy was doing better (for the top 10% only) didn’t sway many voters. If they’d had a real record to tout, they would have touted it. Can’t Obama light a fire under this guy?

How many failures of the Obama Administration do you have to see before you understand why the Democrats lost the last election so badly? When you fail to help millions of people when you could easily have helped them, they aren’t likely to come out and vote for your party.

Obama has had six years to fix this problem, and all he can say was that he couldn’t get it done even with help from Congress. The people who lost their houses in those six years may not have heard all the excuses that Obama had for not getting it done. What they had no trouble remembering was that they lost their houses.

How many other Senators can you name who are pushing on this as hard as Elizabeth Warren? Are there any Senators who pushed this issue this hard and still lost an election to a Republican?

Is there any other way I can put this that will reach the Democrats who are still blaming the voters who didn’t come out to vote for a Democrat?

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