MICHELLE REAGAN: REPUBLICAN, MAINSTREAM AND HEADED FOR A BRIGHT FUTURE

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It’s not often that I endorse a candidate for public office, much less one who isn’t running for anything yet. But I think it’s important to recognize the efforts of a State Senator, recently elected after having been in the State House of Representatives. Ms. Reagan is straight Republican carrying the actual ideology that big government, big spending and government intrusion into our private lives is something to be guarded against. She is pro-business and pro-banks (but as it turns out only if the banks behave themselves).

Senator Reagan wrote a letter to her own mortgage company —- or at least the one that said it was the mortgage company — and simply asked whether they were still the the holder of the note or if someone else was the creditor. For some inexplicable reason the Bank sued her creating a news furor and provoking Reagan to inquire further. We here at livinglies heard the cries of Colonial Bank and wondered if well, maybe they were telling the truth that they had never securitized anything. So we peeked under the hood and it turned out they were up to their neck in securitization and all that went with it.

Thank God for the stupidity of some bankers. If they hadn’t sued Reagan, this relatively unknown public servant might never had the reason to clear up the legal problem that seemed to be clogging the courts, as the Arizona House Judiciary Committee had been finding out. Reagan’s reaction was courageous and principled, and the the fine writing of Beth Findsen surely combined into a more formidable team than the bank lobbyists realized. They probably thought Arizona was a safe state, so they didn’t really pay that much attention.

Now Arizona will be a safe state to do business in because here, where I live, crazy as we might be on some things, we take contracts seriously, we take evidence seriously, and we take theft seriously. We don’t like bankers who cheat and steal. And we really don’t like lawyers who are complicit in the fraud — not just representing the interests of their clients as best they can. There are some law firms that were caught flat-footed by this and may have considerable exposure now to discipline, civil actions and even criminal liability for fabrication of documents, forgery and misrepresentation to the courts.

So to get to the point, Michelle Reagan has my vote wherever her ambitions lead her. We need more people like her — people who take public service seriously. I’m not nearly as interested in the political ideology of a person seeking to serve in public office, as I am in their integrity and basic sense of fairness, right and wrong. My suggestion: send a thank you note to Michelle Reagan in Phoenix to her Senate office and let her know how much you appreciate her. It’s high time we gave praise where it is due and give them hell where that is due.

Thanks Senator Reagan.

Tags: ARIZONA, foreclosure, Michelle reagan, Reagan
Posted in bubble, Corruption, Eviction, securities fraud |