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Thursday June 26, 2008 at 4:33 pm
What are you hiding?
category: Scott Thuman


Welcome to my blog…with this being my first “edition”, I’ll do my best to set the tone right off the bat. It’ll be a mixed bag of light-hearted observations and some more serious issues in need of addressing. Today, let’s start with the latter. There are a few tidbits of wisdom I’ve picked up from my family over the years...including this philosophy: “If you’ve done nothing wrong, what do you have to hide?”

 

That question goes unanswered quite a bit on the hill these days.

 

Most blatantly, for example, is the disregard for openness when it comes to some of our illustrious senators. Now let me say, I laud the noblest of these public servants and still have faith that there are plenty of them who have pure desire to make this country a better place. These dutiful men and women deserve our applause and do much to restore our faith in the political process. Then, there is this story.

 

Our friends at Politico have taken the 100 U.S. senators to task on the issue of mortgages. Boring topic? Hardly. The subject emerged as a potential scandal when, in the wake of inquiries regarding the mortgage/foreclosure crisis, it was revealed that Senator Kent Conrad & Senator Chris Dodd obtained loans from Countrywide Financial Corporation through a VIP program.

 

The IMPLICATION, and it may be just that, is these and other powerful homeowners may be getting preferential treatment, i.e., lower rates than countless struggling Americans.

 

So Politico put out inquiries to all 100 senators about where they received their mortgages and at what rate. Commendably, most answered the questions immediately, but more than a handful (23) did not. In case you’re wondering, 28 had no mortgages.

 

See the results here.

 

I guess we should be pleased that so many DID respond. After all, by law they don’t have to provide this information. But why wouldn’t all respond? 77 percent is still a ‘C’ grade in most classrooms. Shouldn’t congress provide us with better than a ‘C’? In the end, I go back to that benchmark: If you’ve done nothing wrong….what do you have to hide?

 

An investigation is now underway.

 

Food for thought.

 

Enjoy the blog, more on the way.

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