Wednesday, March 25, 2009

Jane fights the "Conservadems"

Jane Hamsher of FireDogLake appeared on the Rachel Maddow show last night to discuss a new phenomenon in the Senate: the "conservadem".

Specifically, Jane questioned the actions of Evan Bayh, Democrat from Indiana, who waited quietly for eight years through George Bush's reign before forming a group of conservative Democrats in the Senate to oppose the new president's economic agenda.

One such example of this is Bayh's opposition to a proposal to give bankruptcy judges more leeway to reduce the value of mortgages in foreclosure proceedings, which would allow at least 20% more homeowners to remain in their homes, at zero cost to the taxpayers. This spreads the burden to those very banks that gave out the risky and over-valued loans in the first place, and who deserves at least part of the responsibility.

Guess which Senator from Indiana receives enormous contributions from the mortgage lobbyists? Need I say more?

I'll let Jane do the talking below.

UPDATE: Jane has more to say about Bayh today.


Anonymous said...

why's it so hard to get a list of the 15 conservadims in text, on the internet

Anonymous said...

bleh. i meant conservadems ... /sigh

CT Bob said...

Here ya go!

I heard their unofficial nickname is the "Blue Poodles"!