{"id":1048,"date":"2009-07-30T13:36:29","date_gmt":"2009-07-30T13:36:29","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=1048"},"modified":"2009-07-30T13:36:29","modified_gmt":"2009-07-30T13:36:29","slug":"barney_frank_threatens_banks","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=1048","title":{"rendered":"Barney Frank Threatens Banks"},"content":{"rendered":"<p>Yesterday&#8217;s <a href=\"http:\/\/townhall.com\/news\/politics-elections\/2009\/07\/29\/frank_threatens_banks_to_stop_foreclosures\">Townhall.com<\/a>&nbsp;ran a column by Anne Flaherty on Barney Frank&#8217;s threat to revive legislation that would let backruptcy judges rewrite mortgages (to prevent foreclosures) if banks did not voluntarily prevent more foreclosures.&nbsp; If the banks were not under pressure from Congress and the Federal Government to issue sub-prime mortgages, the number of foreclosures would be considerably less&#8211;shouldn&#8217;t Congress take some responsibility for the number of foreclosures?<\/p>\n<p>Rewriting mortgages in backruptcy court goes against basic contract law.&nbsp; Theoretically, when you sign your mortgage contract (be it fifteen, twenty, or thirty years), you and the bank assume that agreement will be valid for that entire time frame.&nbsp; Under contract law, it should be.&nbsp; Barney Frank is one of the people responsible for the mortgage crisis&#8211;there is no way we should even consider giving him input on finding a solution!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday&#8217;s Townhall.com&nbsp;ran a column by Anne Flaherty on Barney Frank&#8217;s threat to revive legislation that would let backruptcy judges rewrite mortgages (to prevent foreclosures) if banks did not voluntarily prevent more foreclosures.&nbsp; If the banks were not under pressure from &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=1048\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1048","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/1048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1048"}],"version-history":[{"count":0,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/1048\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}