Wells Fargo’s Fraud Handbook

“When they did the bailout, they bailed out the banks … but they never bailed out the homeowners. The homeowners took the biggest hit.”

None of this comes as a surprise to any of us who have been dealing with the systemic idiocy of Wells Fargo’s mortgage loan modification review “process” over the past seven years or so. Nor, for that matter, anyone who has tried to re-structure a mortgage serviced by any of the “too big to fail” banks.

Falsified paperwork. “Lost” paperwork.Electronic “paperwork.” Paperwork that didn’t count because you didn’t sign it in the lower left-hand corner upside down with your own blood.

“What people don’t understand is this: 49 attorney generals went after
almost every major bank including Wells Fargo.
There was a $25 billion settlement for these kinds of fraudulent practices,but nothing to help the homeowners. That’s what is so crazy.”

The Mortgage Modification Scam Still Alive and Well at Wells Fargo

Lest you harbor hopeful thoughts that a series of much-publicized no-wrongdoing-admitted settlements with the banksters means they’ve stopped cheating on mortgage loan modifications and other foreclosure-related transactions, consider the following. (They’re still cheating.)

These search phrases that brought readers to my blog tell me that people are still being jerked around by Wells Fargo. That in defiance of requirements specified in the National Mortgage Settlement, Wells Fargo is still dual-tracking and screwing around with short sales. Oh, and probably still employing overzealous lockout/trashout tactics. (Yeah, and how much would you bet that robo-signing is still going on in deep, dark basements somewhere?)

Yes, these examples focus on Wells Fargo, but given recent history, do you really believe the other big banks aren’t still doing exactly the same?

Here’s a sampling of searches from just the past 30 days:

  • i qualify so why wont wells fargo give me a home modification hamp
  • scams through wells fargo loan modification program
  • wells fargo ignores short sale request
  • has anyone been forclosed on while working with the bank on a modification with wells fargo
  • wells fargo is the most inflexible and dishonest mortgage holder
  • wells fargo cheated me
  • i was denied modification from wells fargo
  • loan modification wells fargo fraud
  • wells fargo fraudlent mortgage modifications
  • wells fargo scared my tenants into moving
  • wells fargo changing locks illegally
  • i got no home modification from wells fargo
  • wells fargo mortgage sold my loan before forbearance

Not that different from the web searches homeowners have been doing for the past six years as the banks have stolen millions of houses and screwed with the lives and livelihoods of millions of people.

I expect this will go on and on as long as 1) people continue to do business with the big banks, thinking government and fake regulatory agencies will keep them safe and 2) big corporate banks own the federal and state politicians who should be protecting the American people from financial ruin.

How can you protect yourself and beat the banksters’ scams? Pretty simple.

  • Take all your money out of Wells Fargo, Bank of America, Citi, Ally, Chase and any other bank that’s focused more on making money than serving customers and instead do business with small regional/local banks and credit unions. Keep your money working in your community with a simple commercial bank, the kind that exists to provide services such as checking and savings accounts. You don’t want to risk being the cash cow for the greed-fueled traders at one of the “too-big-to-fail” investment banks.
  • Never, ever take out a loan with an institution that has the contractual right to sell your loan to another party or to sell the servicing rights to another party. You want to decide which financial institutions will get your business, not be a pawn in some bank executive’s greed-fueled frenzy to get a six-figure bonus.

Good News for Homeowners Cheated by Wells Fargo With Bogus Trial Loan Mods

Yippee! All the homeowners Wells Fargo blatantly cheated with their bait-and-switch trial mortgage modifications finally have a legal leg to stand on.

The 9th U.S. Circuit Court of Appeals (whose decision is law in several  western states hard hit by foreclosure, such as California, Arizona and Nevada) said “Wells Fargo was required under the federal Home Affordable Modification Program to offer loan modifications to borrowers who demonstrated their eligibility during a trial period.”(Reuters article)

Nice that some part of the legal system has called out the bank on its the obvious game playing, requiring people to complete a trial modification plan to show ability to pay the lesser loan amount and then making up some fake reason to deny the permanent mod. The banks have raked in millions of dollars with this strategy, never intending to re-structure the loan but still giving people hope and getting them to pay money that was never credited toward their mortgage loans.

Way to call a fraud a fraud, 9th Circuit! And bravo to homeowners Phillip Corvello and Jeffrey and Karen Lucia Phillip Corvello whose lawsuit led to the ruling. From Reuters again:

Both the unsigned majority opinion and a concurring opinion by Circuit Judge John T. Noonan faulted Wells Fargo’s drafting of the trial period plan, saying that to rule in the bank’s favor would render the benefits for borrowers illusory.

“No purpose was served by the document Wells Fargo prepared except the fraudulent purpose of inducing Corvello to make the payments while the bank retained the option of modifying the loan or stiffing him,” Noonan wrote. “‘Heads I win, tails you lose’ is a fraudulent coin toss.”

If you completed a trial mortgage modification and then were denied a permanent mod, you can sue the b@$t@rd$!!

(Oh, and by the way. Guessing Wells Fargo wasn’t the only one gaming the HAMP program in this way. The other big banks seem to have coincidentally jerked mortgage holders around in exactly the same ways.)

A Mortgage Mod Scam in the Making

One of my nice readers submitted the following question in the comments section of my recent post about what a scam the banks’ trial mortgage modifications are. I hadn’t covered the issue of bank-solicited mods in that piece, so I thought this reader’s question and my answer needed to be featured in an actual post for all those people who couldn’t ever imagine their banks blatantly trying to set them up to lose their homes.

Helpme in Jersey writes: “I need help. We just received the packet of information from Wells Fargo for our trial modification. I have until next Friday to make my decision. The payment is something we can afford but I am worried that this is a scam. I want to add that I had not contacted them to see if they would modify our loan. They sent us this paperwork.”

Here’s my answer, something to think long and hard about if you’re in a similar situation:

Be very careful “Helpme in Jersey.” Don’t agree to anything that you don’t have in writing signed by someone from Wells Fargo. And ask lots and lots of questions before you wade into the mortgage mod quagmire, especially if you are current on your mortgage and can afford the payments you have.

Be aware that the banks play a nasty little game where they solicit you for a modification – the wouldn’t it be nice if we just came along and gave you a lower payment come-on – as a way to lure you into their bottomless foreclosure pit.

They start with a perfectly rational-sounding trial modification and instruct you to pay an amount lower than your contracted mortgage payment for three months (or sometimes longer.) What they don’t tell people (or they lie about) is that during those three months they will report you to the credit agencies as delinquent because you aren’t paying the amount your mortgage contract calls for, even though they told you to pay that amount. Oh, and the trial period payments generally ARE NOT applied to your mortgage; they go into some secret account never to be seen again.

Even if you make all the “trial mod” payments on time and jump through any other hoops, such as sending them reams of paperwork one or many times, chances are at the end of the trial period they’ll inform you that for some made-up and usually vague reason that you haven’t qualified for a permanent loan modification. At that time they’ll demand a balloon payment including the unpaid amount from the trial period (yes, even though you paid the amount they told you to pay) and any fees they might have made up to tack on. If you can’t come up with this balloon payment in a relatively short time, you get thrown into foreclosure because you are, at that point, technically three months delinquent on your mortgage.

Now you have to fight off their relentless foreclosure machine, which seems to move forward only, no reverse. Once they have their sights on you, it’s very difficult to get them turned around. And, because your credit has taken a hit, you might not even be able to refinance somewhere else to escape.

I urge you to speak to an experienced housing counselor or foreclosure attorney – someone actually in the trenches – before you make any changes to your mortgage.

Did I miss anything in my advice to Helpme in Jersey? Anyone have any other ideas how to keep this person from falling prey to Wells Fargo?


Single Point of Contact My @SS, Wells Fargo

Back in April 2011 the Office of the Comptroller of the Currency took to task several banks, including Wells Fargo, forunsafe and unsound practices related to residential mortgage loan servicing and foreclosure processing.”

The OCC’s  “enforcement action” required the banks to “make significant improvements in practices for residential mortgage loan servicing and foreclosure processing, including communications with borrowers and dual-tracking, which occurs when servicers continue to pursue foreclosure during the loan modification process.”

One of the improvements specified was providing a single person or “point of contact” to guide borrowers through the loan modification and foreclosure processes instead of making people talk to a different person from the customer service phone queue every time they called in.

That’s something Wells Fargo executives had been telling Congress they are doing fore at least a year before the OCC brought it up.

Unfortunately, Wells Fargo Home Mortgage President Mike Heid and his compatriots seem to have lied to Congress and thumbed their noses at the OCC on this issue.

How do I know? Because I’ve recently been assigned my 17th “single” point of contact at Wells Fargo.  Clearly someone high up in the company really doesn’t understand the meaning of the word “single.” Not so hot on “contact” either, as I never had any actual contact with number 17, Susan Young from the WFHM Office of Executive Complaints (formerly known as the Office of the President.)

You see, Ms. Young left me a phone message on Friday, June 1, 2012, telling me she was responding to some correspondence I had sent to Wells Fargo CEO John Stumpf. (More about that later.) She left a phone number and extension and asked me to call her back. Which I did on Monday, June 4; Tuesday, June 5; Wednesday, June 6; Friday, June 7; Monday, June 11 (twice); Tuesday, June 12; Thursday, June 14; Friday, June 16 and Tuesday, June 19.

Over that 19-day period I had no phone conversations with Ms. Young nor did she leave me any more messages. I did get a letter dated June 4, 2012, telling me she was “the specialist who will be your single point of contact while you are working with our office.”

In that same letter, she referenced having called me that same day. And in a later letter she referenced yet another call she supposedly made. She might well have called, but as she neither reached me nor left a message, I have no way of knowing that.

Finally, on June 19, I gave up trying to reach my very own special contact person and just called the Office of Executive Complaints without dialing Ms. Young’s extension. I talked with a very helpful woman who told me, among other things, that Ms. Young had closed my case on June 14, 2012, listing her inability to contact me as the reason. As if she had been trying and trying and I just wouldn’t call her back, right? Wrong. She me left one message; I left her 10 messages over 19 days. Who was trying hard to get in touch with whom?

So, after 10 unanswered phone calls, I take exception to the word “contact.” And after having endured 17 primary contact people over 27 months, I reserve the right to scoff at “single,” as well. Wells Fargo is flat out lying to Congress, to the media and to borrowers when executives say they provide a single employee to help people seeking honest loan modifications and those on the foreclosure assembly line.

Stop lying, Wells Fargo.

(Not So) Happy Anniversary

March 23. 2012. Two years to the day since Wells Fargo Home Mortgage (says it) logged in the first set of paperwork I sent requesting my mortgage loan be restructured.

Since then, I have sent paperwork 24 more times. I have discussed aspects of my finances, my personal life, my job and my home with somewhere around 70 complete strangers whose employer is part of a bizarre cohort that seems bent on swallowing up every home in this country.

These “professionals” have dissembled, obfuscated, misdirected, disinformed and outright lied. They have played silly sophomoric games designed by their supervisors to prevent people from winnowing their way through the requirements to qualify for a modified loan.

And they continue to play these games and generally jerk me around at every opportunity. Including today.

Seems the latest little strategy is just to randomly schedule a trustee’s sale of my home even though I am in a “trial modification” program during which I have been notified verbally and in writing that foreclosure actions will be suspended. I just happened a few weeks ago to look at a website that is an official source of foreclosure info. (at least in Arizona) and there was my name. With a foreclosure sale of my property scheduled before the end of my first (fully paid up) month in the “trial modification” program. WTF Wells Fargo?

I wrote a letter asking just that. No answer of course. And did they remove my property from the sales list in a timely manner? Well, I guess if you consider the Friday afternoon before a Monday morning sale to be timely. And if you consider “suspended foreclosure process” to mean they randomly scheduled another sale in 30 days.

Thanks for the big helping of BS you gave me to mark our two-year anniversary, Wells Fargo. May we not have any returns, happy or otherwise.

Mad? You Bet I’m Mad. You Should Be Mad, Too!

With less than 48 hours to go before the trustee’s sale of my home, you bet I’m angry. Wells Fargo has lied to me and jerked me around for nearly two years. Wells Fargo refuses to restructure my mortgage loan, faking income and expense numbers that have no relation to reality but do support the illusion that I am ineligible for a HAMP mod. Wells Fargo refuses to return phone calls or answer letters and generally makes it impossible to deal with them on any level of professionalism.

You bet I’m mad and I just keep on telling my story to everyone I can. If you’re being screwed over by one of these big banks in their blind foreclosure feeding frenzy, I hope you’re mad, too. The only way to stop the mortgage servicing industry from continuing to trash the economy, undermine the rule of law and disrupt the lives of millions of Americans is for more people get mad. For more people stop doing business with these fraud factories and put them out of business.

If you’re existing in the world of foreclosure threats and “home preservation” scams, you have every reason to be mad. Don’t let anyone tell you otherwise.

“I’m going to be mad as long as I need to be mad, and then I’ll try to get frustrated.”

Why Your Mortgage Mod Was Really Denied

“Three years after the foreclosure crisis began, the process to apply for a loan modification remains a bureaucratic nightmare that is complicating
the housing recovery …”

An excellent Reuters article detailing the ongoing dysfunction of the mortgage modification programs does a pretty good job of describing the nonsense the banks put people through in what should be a relatively simple, straightforward process. Here’s what one homeowner went through when seeking a loan modification after her adjustable-rate mortgage payment went up, but before she had even missed a payment:

“First she provided documents without getting any response,”

“… then she was denied by her servicer for not providing documents it never actually asked for.”

“One part of the bank appealed that decision and approved her for a trial modification,”

while “another part denied her again – twice – providing two new reasons in part based on inaccurate calculations.”

Then, when contacted by a third party,”a bank spokesman said she was unable to qualify under “imminent default provisions,” a third reason.”

Later the bank begins to start to threaten her, sending a letter stating it is going to “accelerate foreclosure proceedings, despite her perfect payment record and the letter itself saying the bank owed her $281.01.”

Yikes! If you’re not involved in this process with a bank, I think it’s very hard to fathom the breadth and depth of the banks’ perfidy —  the ridiculous lengths to which they will go to justify a denial and the sheer number of lies they tell to support these trumped-up denials.

I’ve gotten fake denials — twice told I had violated the terms of a trial modification I was never in and once denied like the woman above for not sending documents that I was never asked to send. Those are all about confusing and frustrating people, discouraging people from pursuing a modification. I know at least one person who believed a denial letter that actually had nothing to do with her case and gave up, letting her bank foreclose without a fight.

The Reuters reporters documented another disturbing tendency of the banks: falsifying numbers in order to engineer a loan mod denial.

One homeowner’s loan servicer “overvalued his house by more than $100,000 in rejecting a modification.”

“Once he was able to convince [the bank] of that mistake, it rejected him again, dropping his monthly income by almost $4,000 … even though his actual income had not changed.”

Another common practice among mortgage servicers that seems unbelievable if you haven’t experienced it themselves. Most reasonable, honest people can’t begin to imagine the kind of systemic deceit being practiced by these big mortgage servicer banks.

The bank employees ask customers to provide reams of documents detailing their income and expenses and then ignore all that information and just make up numbers? Surely not! That’s surely not legal … moral … ethical … possible? How can it be allowed to happen?

Good question, but it does happen frequently. My financial information was faked  in at least two of the reviews of my mortgage loan for modification. Both times my income and expense figures — which I reported very honestly based on actual numbers that are backed up by bank statements and copies of actual checks and bills — were falsified.

Why? So that the figures fed into the secret computer program that determines HAMP eligibility would generate a denial. Why else?

I have to say my favorite part of the Reuters piece was the bit about the top-secret investor requirements that borrowers don’t meet. Talk about a lack of accountability and transparency in a system.

“More than two years after he first applied for a modification, the bank told him there was an investor restriction on the loan, which meant it couldn’t modify it.”

“That investor agreement was public.”

“But after confronting the bank with that agreement, which did not include any such restriction, the bank told him there was a previously undisclosed secret document that included the restriction.”

Did you catch that? “A previously undisclosed secret document.”

How is a homeowner supposed to fight undisclosed secret documents (which may or may not exist, just like the proof that banks actually own the debt on all the mortgages that have been securitized over the years.)?

The big mortgage servicers that tanked the economy in 2008 and whose actions continue to thwart any meaningful recovery took billions of dollars in bailouts from the American people. One of the only conditions of getting access to all that cash was that they had to agree to take part in the government’s “home preservation” programs such as the Home Affordable Mortgage Program (HAMP).

And HAMP has all sorts of guidelines that establish eligibility and create a process banks agreed to follow when dealing with their customers who are in financial difficulty as a result of the very same economic crisis the banks caused.

In addition, if your mortgage was sold off to or securitized, banks or so-called government-supported enterprises or entities like Freddie Mac or Fannie Mae, your mortgage servicer has contractually agreed to abide by a series of guidelines set by these “investors.”

Via the internet, people have access to both the HAMP guidelines and some of the servicing guidelines their banks are supposed to follow. Except the banks don’t follow them. And, for the most part, nobody seems to care.

Well, turns out it doesn’t really matter. Because they’re actually stringing you along and lying to you and denying your loan mod because they’re required to follow the requirements of some shadowy unknown entity as decreed in undisclosed secret documents.

Well, that explains it. If you don’t send documents you weren’t asked to send and you don’t comply with every provision of the undisclosed secret requirements, you aren’t going to get your mortgage modification. Now you know.




Big Banks are Too Big to Serve Their Purpose. Move Your Money.

One of the largest problems with the big banks’ “systems” for evaluating mortgage loans for modification is the sheer volume of loans to be reviewed. No, I’m not buying in to their nonsense spin that they’re doing the best they can; it’s just that the silly homeowners won’t cooperate by sending the proper paperwork.

And I certainly haven’t changed my mind about all the delaying tactics being an intentional strategy to either drive people away without a mod or drive people deeper into debt so that a mod becomes impossible. Those are deliberate systems put into place by the big banks to manipulate the intent of modification programs like HAMP and to scam their customers.

But, even if the banks were honestly trying to help borrowers retain their homes, there are two big roadblocks.

First, the vast majority of homeowners aren’t really the big banks’ borrowers. Most of those mortgage loans originated by Wells Fargo, Chase, Bank of America and their cronies weren’t retained by the institutions that wrote the loans.

If you bought your home during the frenzy of the recent real-estate bubble, your loan was most likely bundled into a mortgage-backed security and sold on before the ink was dry on your purchase agreement. The riskier the loan (those creatively structured sub-prime loans), the quicker it was securitized.

If you bought your home before the real-estate bubble and weren’t a sub-prime borrower, your loan was sold on, as well. That’s because, at least in the early days of securitization when there were still regulations and standards in place, each bundle of loans had to include a certain percentage of high-quality “performing” loans along with the riskier junk loans.

So, suddenly, the company that once bore the risk for the performance of your loan was no longer in that position, no longer had a stake in ensuring you could pay off the loan. Instead, the big banks became loan servicers, which means they make more money (in the form of fees charged to the investor) when something goes wrong with the loan than when you’re just going along making your payment every month. That means foreclosure is more profitable to them than restructuring your loan so you can keep paying.

How ridiculous is that? Talk about a business plan that is not sustainable. It’s all about making those record profits and obscene bonuses in the short term, no matter the long-term cost to the economy or the bank itself.

The second problem keeping the big banks from properly reviewing mortgage holders for loan restructuring is sheer volume. More than 2.5 million home loans have gone into foreclosure in the past two years. That’s a lot of paperwork, even if the banks weren’t playing the “we didn’t get your documents; send them again” game.

What that means is that whether your mortgage qualifies for a modification isn’t decided based on the judgement of an experienced mortgage loan professional. Whether or not you qualify depends on how a bank employee (or contractor) interprets those income and expense numbers you send over and over and which figures he or she decides to input into a computer program that decides whether you qualify.

For the most part these people parsing your financials don’t have much experience or training. And they are highly incentivized by the banks to find ways to ensure you don’t qualify. But even if they were experienced, honest people trying to actually help homeowners avoid foreclosure, the system is doomed to failure. When computers instead of human beings decide the fate of mortgage-holders, of course the numbers of foreclosures will grow.

Again, the sheer size of the big banks sets up a lender/borrower relationship that benefits neither party in the long run – another unsustainable business model.

The real problem here is that the banks have become too big to provide the services they were created to provide. It’s not “too big to fail.” It’s truly “too big to succeed.” Banks with no connection to their customers, writing loans they don’t intend to own long-term, is a recipe for financial disaster. Add on the billions they made bundling all kinds of questionably created mortgages into big-dollar securities and the billions they derive from their loan-servicing subsidiaries and you can see that the big loser here is the consumer, the person the bank is supposed to be serving.

Runaway greed, short-term thinking and the impersonalization of banking services have brought down the largest economy in the world. The big banks have made themselves too big to sustain, too big to do the job they were created to do.

So what can you do about this? It’s actually pretty simple. Stop doing business with a bank to whom you are just a number. Move your money to a local/regional bank or credit union and start establishing a relationship with the people who handle your financial affairs. When it’s time to finance a house loan, a car loan or any other loan, you’ll be working with an institution that is going to own that loan for the duration and that won’t.

A banker with whom a customer has done business over the years can take into consideration the borrower’s full financial picture. Has the person been a loyal customer for many years, always managed his or her finances responsibly, paid off other debts fully and in a timely manner? Is the current hardship a temporary situation caused by circumstances beyond the borrower’s control? If the answer to those questions is “yes,” an experienced financial-services professional is likely to see that customer as a good risk and work to restructure a loan to the long-term benefit of all parties.

On the other hand, if the customer has a history of overdrafts, late payments and general poor financial management, perhaps that person doesn’t get a loan in the first place. Disappointing for the customer, but surely a much more responsible way to do business. A sustainable way to do business. A bank serving its customers the way banks are supposed to.

Invest in Main Street, not Wall Street. Move Your Money!

Related Links:
Move Your Money, Change the System
Moving money: deposits rise at local banks

Misery Loves Company … Even the Virtual Kind

Even when I’m feeling completely frustrated with and defeated by the banksters’ blatant fraud, the Obama administration’s perfidy and the Attorneys Generals’ impotence, at least the Internet connects me with others with similar frustrations and fears.

(Yeah, it connects me to the ridiculous rants of the multitude of wingnuts, too. There’s a downside to everything.)

I found some rational and wise voices today in a NYT Op-Ed about how most of the states’ attorneys general want to sell out consumers to the big banks for a paltry sum.

“Equal justice under the law to have any meaning must mean that there is no dual set of laws for the fat cats and another for everyone else.

Small fry are prosecuted for perjury and fraud and are sent to jail. There has not been a single prosecution of a CEO or a banker for fraud. The top people are an immune class. They are too big or too powerful to hold to the same standards as mere middle class mortals…

… So far the Obama administration has bought into the idea of an immune and entitled class. This has infuriated the vast majority who see this as evidence of inequality and their inferior class of citizenship.

These bankers who are now brandishing their power need to be reminded that they are not royalty. Thanks to the GOP our democracy is in intensive care and may not survice; but it is not dead yet. Perhaps 50 or 100 felony indictments for criminal fraud, perjury and statutory violations would be the right message to send as congress obstructs legislation…” ~Moishepippic34

Exactly what I’ve been saying about how the rule of law has to be preserved or the fabric of this republic will be damaged, perhaps beyond repair.

Like the next commenter, I also fear that in the last decade we’ve seen the seeds of revolution sown by our government at the behest of their corporate masters.

The elephant in the room is this… If the American people don’t see justice done, if they have no recourse, if they continue to be drained of their remaining wealth, then violence is inevitable. Government is the art of maintaining justice and balance so people can invest in their futures. If you take that away from the majority of Americans, what do you expect to happen?   ~cud

I also have come to the conclusion that both Congress and President Obama are the great enablers, trading billions in campaign contributions for allowing the corporate fat cats to do anything they want. Our government is working against average citizens to feed the greed of a small number of people who believe themselves and their institutions are too big to fail. I believe a little look back at history would disabuse them of that notion.

“The Obama administration is owned by the banksters. That’s all there is to it.

A settlement of merely $25B is some kind of depraved joke, from banks that have helped rob the economy of trillions of dollars.”   ~Dave Kliman

I’m afraid I agree with Mr. Kliman. I tried for a long time not to believe that the administration was, for example, purposely creating“home preservation” programs that were nothing but big scams. But no rational person who really wants to accomplish something creates a voluntary program administered and applied by the very same people who so recently ran the entire world’s economy into the ground. HAMP and the other programs have failed because that was precisely what they were designed to do.

“As a strong supporter of President Obama, I am seriously dismayed by the lack of White House interest in pursuing Justice against the bankers and Wall St. greed mongers who most certainly caused the mess we are now in.

This is the tipping point for me in my support of the Obama administration…”  ~santafenick

For me, too. I will not be supporting President Obama’s bid for re-election. If I cast a vote in his favor in the 2012 election, it will really be a vote against whichever of the Republican wingnuts rises to the top of the pile.

“It’s sad that Obama has so obviously bought into the ethic of short-term gain at the expense of our country’s wealth. This is not the hope and change I voted for. I will certainly do everything I can to make sure he is not elected in 2012. At least a Republican will be honest about stealing from the poor and giving to the rich.”  ~cud