The Housing Crisis and The Plague of Potomac Fever

May 2, 2008 in USA

DAVID SIROTA
The Housing Crisis and The Plague of Potomac Fever As states move to crack down on predatory lending and abusive mortgage fees, Washington lawmakers tell reporters “it’s irrelevant” how many — if any — homeowners are helped. As state legislators to demand serious aid to borrowers, Washington constructs a bailout for financial firms. This is the contrast between minimally healthy (though certainly imperfect) democratic systems in the states, and a federal government ravaged by Potomac Fever — the illness whereby professional politicians forget who they were elected to serve.