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Blog entry from Badlands Journal

Shrimp Slayer leadership on bailout

Submitted: Oct 05, 2008
By: 
Badlands Journal editorial board

They look upon Fraud as a greater Crime than Theft, and therefore seldom fail to punish it with Death: For they alledge, that Care and Vigilance, with a very common Understanding, may preserve a Man's Goods from Thives; but Honesty hath no Fence against superior Cunning: And since it is necessary that there should be a perpetual Intercourse of buying and selling, and dealing upon Credit; where Fraud is permitted or connived at, or hath no Law to punish it, the honest Dealer is always undone, and the Knave gets the Advantage...Gulliver's Travels, Jonathan Swift (1735), Chapter Six, "A Voyage to Lilluput, p. 47.

The foreclosure rate in the erstwhile congressional district of Dennis Cardoza, Shrimp Slayer-Annapolis, greatly exceeds that of the entire state of his present residence, Maryland. Anne Arundel County, near Annapolis, has a rate similar to Marin County's.

The Merced County public wonders if he picked up a deal on the foreclosure market in Maryland.

Regardless, as his votes on the bailout bill show clearly, Cardoza stands foresquare on the side of finance, insurance and real estate, except for whatever pork the bill might have provided by Senate additions and more earmarks the second time it passed through the House. In other words, he stands against the defrauded homeowners losing their properties in foreclosures in his (Merced, Stanislaus and San Joaquin County) district. One can hear the pious, self-righteous tones: "Lack of personal financial responsibility!"

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