Remember when John Edwards, upon discovering that he was a beneficiarry of Katrina foreclosures, said this:
Asked about the matter, Mr. Edwards yesterday pledged that he would personally provide financial assistance to New Orleanians who are facing foreclosure by Fortress-affiliated businesses or have lost their homes already. "I intend to help these people," the former North Carolina senator said.
I (and I'm sure the victims) have been sitting her waiting to see how he would make good on that promise. What would "help" mean to this man running on a popuplist platform that there are "Two Americas," this man who claims to not only recognize, but understand both as well (I mean, I would hope he'd understand them both if he says he can effectively represent them both as President!).
So how did he do it? A better question might be, "Whats's the matter Mr. Edwards? Did that last haircut set you back more than you thought it would?"
From the WSJ:
Edwards Tackles Katrina Flap
Candidate Seeks to Help Victims, Redirects Subprime Investments
By CHRISTOPHER COOPER
September 14, 2007; Page A4WASHINGTON -- Democratic presidential candidate John Edwards, whose personal investments have been linked to foreclosure suits filed against three dozen victims of Hurricane Katrina, has helped set up a charitable organization to help the homeowners.
The Louisiana Home Rescue Fund will be seeded with $100,000--much of which will come from Mr. Edwards's own pocket, the campaign said, without specifying an amount.
The program will be administered by the nonprofit ACORN Housing Corp., and will provide loans and grants to 34 families in the New Orleans area whose homes were seized or are in danger of foreclosure following the August 2005 hurricane.
What did I expect you ask? Well, this is a guy who's campaigning on the premise that he should lead the nation because he would never allow "predatory lending" to victimize anyone, not just Katrina victims. And yet, oddly enough he made HUGE money invested in a fund that traded heavily in sub-prime "predatory" loans! Some would call that "blood money" of a sort, at least dirty money right? I mean, by his own estimation, the borrowers were "victims," right? Can't be a victim without a victiMISER! (I think the British spelling works better here, don't you?)
Because "Miser" is probably a good word for Mr. Edwards at this point. Here's a guy sitting pretty in the "other" America, in his 28,000 sq/ft home, with his own private gym and basketball court, and he can only spare $100K for these people? How much did these investments make him? Do we really believe for the millions he had invested, it was only $100K? Why not give it ALL to these people? Oprah bought cars for her whole audience and she's not even running for President!
And the worst part? Edwards claims he had "no idea" how his money was invested (is this his "out" for not doing more "Gee, I had NO idea!" Yeah, the Poles said the same thing about that rotten smell wafting over their homes from the "work camp" down the road...).
What can we expect from a President who doesn't know what the companies in which he invested his fortune and for whom he is a consultant are doing?
What a pompous mealymouthed "pansy" fraud.
Yes Mrs. Edwards, you read right, I *do* think your husband is a PANSY, and NO, I don't mean he likes boys, I wouldn't insult gay men by suggesting he was one of them. I mean it the same way Ann Coulter meant when she said he was a "faggot," the same way the Urban Dictionary defines the word pansy:
1. pansy
A sissy, fag, fairy, or one that is generally unmanly.