Letter to Senator Schumer

Dear Senator:

We find ourselves in the midst of a housing crisis that ultimately has affected the entire global economy. We have allowed the greed from Wall Street to flow into Main Street without any checks or balances. Low-income taxpayers with little or no credit were allowed to obtain mortgages they simply could not afford.

Every member of Congress, Democrat or Republican, is to blame for this mess. Fannie Mae and Freddie Mac should have been leashed in years ago. I've recently read that you completely deny that you had any wrong doing in this affair. I beg to differ. At the bequest of Congress, especially yourself, banks started lending money to low-income individuals to purchase over-inflated homes knowing very well there would be no way to recoup that money. Barney Frank and you, Senator, should have never pushed for banks to lend to low-income individuals.

With all due respect, I request, with the support of many fellow citizens, that you and others come forward and admit to your failure of not protecting the American people from the greed on Wall Street and in Congress.

Respectfully,

Me =)