Wisconsin Attorney General JB Van Hollen refused to join a civil lawsuit along with 11 other states against one of the nation's largest predatory lenders, which just netted a record-$8.4 billion settlement. Financial disclosure records show Van Hollen owned stock totaling as much as $150,000 in at least three subprime lenders.
Attorney General Van Hollen should explain to Wisconsin why he didn't join both Republican and Democratic Attorneys General in this critical lawsuit. Knowing Van Hollen has up to $150,000 in stocks of three other companies which have done major subprime lending raises serious concerns about his inaction on this case and cases which may arise in the future.
Read More »As a top advisor to predatory lenders, as well as John McCain ex-Texas Senator Phil Gramm has been taking heat for calling people concerned about the tanking economy and the loss of the homes, jobs and futures as “whiners” experiencing a “mental recession.”
Having studied the career of Gramm as part of a research paper I had to write in the mid-90s, it was like a trip down memory lane when I heard the Huffington Post had posted something about Gramm investments in a couple failed Russ Meyer-inspired soft-core porn flicks.
To be certain, in the hypocrite hall of fame, Gramm’s got his wing. The smaller government, except when it comes to giving taxpayer money to my corporate clients, Gramm made a career of railing against “guvment” spending.
Read More »It was appalling to see Sen. John McCain in Louisiana to try and distance himself for the horrors of George W. Bush and the federal government’s response to Hurricane Katrina. Considering how McCain voted to shield Bush from accountability for this national disgrace, he might have thought twice. Consider McCain’s record protecting Bush and abandoning those in need when it comes to Katrina.
McCain Twice Voted Against a Commission to Examine Government Response to Katrina. In 2005 and 2006, McCain voted against creating a congressional commission to examine the federal, state and local response to Hurricane Katrina in the Gulf Region. Both motions failed. [H.R. 2862, Vote #229, 9/14/2005; H.R. 4297, Vote #6, 2/2/2006]
Read More »Residents who are interested in helping this effort should attend the next neighborhood meeting on May 10th, 2008 at the Center Street Library. (27th and Fond du Lac) at 10:15 AM.
This meeting is open to anyone who cares about what is happening in our city and believes that residents should have the opportunity to compete for the jobs our money creates!
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