Reactions to story from L.A. Land: Los Angeles Times

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  http://blogs.usatoday.com/ondeadline/2008/05/report-calif-co...
  99 days ago in On Deadline - USATODAY.com · Authority: 2,328

  Report: Calif. congresswoman loses house in foreclosure
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  Newly Elected California Congresswoman Walks Away from $535,000 mortgage shortly after being elected.

  http://patterico.com/2008/05/21/newly-elected-california-con...
  100 days ago in Patterico’s Pontifications · Authority: 723

  Posted by WLS:  http://latimesblogs.latimes.com/laland/2008/05/report-californ.html Funny how you only find this information in an LAT Blog and not on the news pages.  Capitol Weekly reports newly elected California Congresswoman Laura Richardson walked

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    Mortgage Crisis Deepens, Democrat Hardest Hit

    http://jammiewearingfool.blogspot.com/2008/05/mortgage-crisi...
    100 days ago in JammieWearingFool · Authority: 501

    She really is a deadbeat Democrat. Capitol Weekly reports that newly elected California Congresswoman Laura Richardson walked away from the mortgage on her $535,000 Sacramento home, letting the house slip into foreclosure and disrepair less than two
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  Mortgage Crisis Deepens, Democrat Hardest Hit

  http://jammiewearingfool.blogspot.com/2008/05/mortgage-crisi...
  100 days ago in JammieWearingFool · Authority: 501

  She really is a deadbeat Democrat. Capitol Weekly reports that newly elected California Congresswoman Laura Richardson walked away from the mortgage on her $535,000 Sacramento home, letting the house slip into foreclosure and disrepair less than two
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  Some Quick Headlines

  http://holycoast.blogspot.com/2008/05/some-quick-headlines.h...
  100 days ago in HolyCoast.com · Authority: 77

  Here are some stories worthy of further attention: Clinton may take delegate fight to convention Oh please, please, please...... AMERICAN to begin charging for first checked bag... I'm waiting for the "strip-search free fee", meaning they'll
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  Boy band $313m scam - World - smh.com.au

  http://www.whatreallyhappened.com/cat_entertainment.html#085...
  100 days ago in WHATREALLYHAPPENED.COM · Authority: 990

  May 21, 2008 04:16 PM PST Category: ENTERTAINMENT California Congresswoman walked away from $578K mortgage Capitol Weekly reports that newly elected California Congresswoman Laura Richardson walked away from the mortgage on her $535,000 Sacramento home,
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  Deadbeat Dem Congresswoman Has House Foreclosed

  http://www.floppingaces.net/2008/06/01/deadbeat-dem-congress...
  89 days ago in Flopping Aces · Authority: 460

  Only a Democrat could get away with this! While Democrats brayed in 2006 that voters should punish Republicans for a “culture of corruption” it appears one of their newest Congresspersons has set yet another bad example. The meteoric rise of Laura Richardson began when this Long Beach California City Councilwoman won a seat in the California Assembly in 2006 and several months later won a special election for a vacant congressional seat. On her way to Washington, she left behind three homes, one of which her mother currently lives in, often in default and disrepair. Finally, the $535,000 home she bought in Sacramento was foreclosed and sold at auction, leaving the lender stuck with a loss of approximately $200,000. While a State Assemblyman for only a few months, Richardson collected $170 a day living expenses tax free. But instead of paying her multiple mortgages, she loaned her campaign for the open congressional seat $60,000. The Sacramento home was purchased with no money down. On foreclosure, it was revealed that Rep. Richardson had walked away from nearly $600,000 in loans and fees. Her congressional salary is $169,000 per year. She is now repaying the $60,000 she loaned her campaign with funds from new donations. Yet, not a penny for the lender stupid enough to make her the loan. In her defense, the Congresswoman issued this statement: “I understand that these homeownership issues are a reflection of what many Americans are going through as they fight to keep their homes and to remain financially stable.” Oh yeah! Like the rest of us could get away with a scam like this! And what about the voters in Richardson’s district? It’s a heavily Democrat district which gave Richardson a win of 40% over her Republican challenger in the special election. So, it’s unlikely they will turn her out for being a deadbeat. After all, Democrats and deadbeats just sort of go together! Links: L.A. Times blog Capitol Weekly &
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  So Cal DEM Member of Congress has 3 homes foreclosed on

  http://www.redcounty.com/sanbernardino/2008/05/so-cal-dem-me...
  94 days ago in SAN BERNARDINO, Part of the Red County Network · Authority: 34

  You may or may not have already heard about this, but Laura Richardson, the newly elected Congresswoman from Carson, has supposedly defaulted on three different homes, one in Sacramento, one in San Pedro, and one in Long Beach. She denies it, but reporters have scoured public records for detailsvabout her irresponsibility. One of the people who bought her old home said she "walked away." This reminds me of when Members of Congress were bouncing checks in 1992 damn well knowing that the bank wouldn't come down on them. Laura Richardson is the personification of hypocrites in the Democratic led Congress. She has been called a "dead beat" in a bunch of newspaper stories.
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  The Housing Crash Reaches The House (Of Congress)

  http://www.commentamerica.com/2008/05/housing-crash-reaches-...
  97 days ago in CommentAmerica.com · No authority yet

  At least this lady put her housing gambler money to good use. Woman buys overpriced house. Woman takes out HELOC money to fund campaign for Congress. Woman wins, becomes Congress Woman. Congress Woman votes for Housing Bailout. Talk about conflict! Congress Woman stops paying loan, house goes into foreclosure. Congress Woman denies foreclosure. Congress Woman admits foreclosure. Did I miss anything? Congresswoman "just walks away" from $578k mortgage? Calif. congresswoman says home sale was improper
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  Mid-Morning Musings

  http://calitics.com/showDiary.do?diaryId=5958
  99 days ago in Calitics California Politics Blog. California Progressive Blog. Progressive California. California weblog. · Authority: 411

  ? Do read Robert in Monterey's report about Abel Maldonado, Don Perata's best buddy, running as a write-in candidate in the Democratic primary to stall an attempt to get an opponent on the November ballot. First of all, this is an example of why crossfiling should be banned once and for all. Second, Abel Maldonado is a snake and I can now see why Don Perata would knock on doors for him. Apparently, neither of them have much interest in the democratic process. ? Arnold thinks the legalization of gender-neutral marriage will be a boost to the sluggish economy, but I hope he's not basing his entire budget on a sharp uptick in gay weddings. I mean, there are only so many Mr. Sulus rich enough to have that surge register more than a blip. By the way, good for Mr. Sulu. And good for Ellen DeGeneres for telling Straight Talk Express where to shove it. ? Speaking of John W. McCain, he's in California today. Nobody show him the PPIC numbers! ? Lucas mentioned this, but Darrell Issa got in the middle of a heated exchange between Henry Waxman and EPA Adminstrator Stephen Johnson over the EPA's breaking the Clean Air Act. Emptywheel has video: ? Why Fabian Nu?ez is claiming racial bias at this late date over questions about his travel practices is completely beyond me. And he's taken to Spanish-language television for these accusations to stoke divisiveness in the Latino community, too. It's so counterproductive, as well as misleading. ? Speaking of Spanish-speaking media, this is an older story, but it's fascinating to me that the Spanish-language channels in LA are so much more substantive than the English-language ones, featuring longer, "more deeply reported" pieces. ? We could see a settlement very shortly on prison overcrowding in the state which would not require early release. There are some decent components to this deal, but it basically gives everyone three more years to clean up their act, and I wouldn't be surprised if it just puts us in the same siutation come 2011. The policies needed are well-known; the political will remains elusive. ? The Bay Area AQMD passed a carbon tax for businesses that emit greenhouse gases. It's "not enough to change behavior," one expert said, but it does presage what may be coming down the pike for polluters. Whether you get there through selling carbon permits at auction or with a tax, the bottom line is that pollution is going to cost enough money to alter business' approach to engaging in it. This is a good step. ? Interesting that we denied the endorsement to Rep. Laura Richardson (CA-37) on the same day that she is forced to defend herself against allegations that she walked away from her foreclosed home in Sacramento. It sounds like the Congresswoman renegotiated the loan, but the conservative fever swamps are all over this one (check the comments in that LAT blog post). She did buy the half-million-dollar home with no money down, and then left Sacramento almost immediately after winning election to fill the open seat in Congress.

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