But what is really scaring me are the TV commercials I've seen over the past two days. I've spotted mortgage sellers here on local LA TV claiming to have millions or billions available to lend after Congress passes its legislation. I checked to be certain, and found the ads are showing up on spots during the Fox 11 Morning News and programs with low-income demographics on morning, daytime TV. I'll bet they're playing during freaking Jerry Springer! Something tells me it's more of the same. Congress needs to make sure that protections are in place, to protect people from predatory lenders. It's not a good sign when you see TV ads claiming to have money to lend based on Congress passing a rescue plan. Something smells very fishy. No, something STINKS!
Wednesday's Political Rant #1 - Michael