Schwarzenegger doesn’t get the human costs of his actions. He seems to enjoy the attention he’s getting as well as playing on right-wing “populist” anger. He’s satisfying his Tea Bagger constituency by beating up on Californians who happen to be poor or work in the public sector.
by Robert Reich – The government is doing a lousy job helping distressed homeowners. And according to John Dugan, the Comptroller of the Currency, the little that’s been done has had surprisingly little effect. Nearly 36 percent of homeowners holding mortgages whose terms were adjusted to give them more leeway defaulted on payments within three [...]