An open letter to Sen. Bill Nelson (D-FL),

While I am appreciative of your negative vote on H.R. 1424, I question whether your reasons were the same as mine.

The socialist shifts legislated in 1424 are an affront to our Republic and I fear that Section 110 will cause more damage to our nation and our economy than even the provisions of Section 101.

Short-term relief to mortgage holders who made poor decisions will result in undermining confidence in our nations banks and financial institutions even more so than current events have.

The underlying cause of the current financial and mortgage crisis originated in a Congress which, putting politics over the nations good, created legislation, the Community Reinvestment Act, that served to embolden activist groups to badger, sue and force institutions into making loans that were imprudent and unjustifiable.

It encouraged individuals to purchase homes far beyond their ability and means. Not unlike a Ponsi scheme, when the bubble burst, those caught in it’s midst found a hell hole where there should have been a castle.

Members of Congress, on both sides of the aisle, voted to encourage and allow Freddie and Fannie to dangerously expose their portfolios to these sub-prime notes in an effort to further expand home ownership by many who could not afford the responsibility of such.

While the individuals were certainly to blame to letting their greed and dreams overcome commonsense, and the lenders are to blame for not resisting the dangers of making such loans on the promise of increasing profitability, it is squarely on Congress where the blame must fall for creating the social engineering scheme that created this mess.

While Democrats demonize the current administration and Republicans, and there is blame to go around, the record clearly shows that this administration and certain Republican members raised a clarion call several times since 2001. It was the Democrat members who, though in minority, used procedure to kill these efforts to reign in those out of control entities.

Mr. Barney Frank was a primary contributor to killing these attempts and he should be a primary target of investigation for deliberately ignoring his fiduciary duty to the American people.

But Mr. Frank is not solely to blame. Every member of Congress who participated in this social engineering scheme is a fault and in my opinion should be turned out of Congress.

It is imperative that if this Republic, this great American experiment in democracy, is to survive, the People need representatives who truly represent the interest of the people. I fear this Congress is enamored with their own selves, with their quest for power, and have lost that vision, assuming they ever subscribed to it.

Write your Representative: How did they vote?
Write your Senators: How did they vote?

"We are all in the same boat on a stormy sea and
we owe each other a terrible loyalty." - G. K. Chesterson