Political Quotes

“Donald Trump promised during his inaugural address to fight for ``the forgotten men and women of our country,'' but in Donald Trump's Washington, the Senate sits on its hands as the revolving door spins faster and faster. Brian Montgomery is just the latest in a line of bankers, lawyers, investors, and consultants who cashed in on their big-time public service and now want back in. Mr. Montgomery has just been confirmed to be the Commissioner of the Federal Housing Administration, the FHA, which provides taxpayer-backed insurance that helps millions of Americans buy homes they might not otherwise be able to afford. Lenders make loans to these families because the FHA gives them some protection in case the families default. Like any insurance, there are strict rules about who qualifies. Unless it is managed well, the FHA could expose taxpayers to a risk of billions of dollars in losses. Mr. Montgomery knows something about the FHA. He was the Commissioner from 2006 to 2009 while the housing market was flying high and when it all came crashing down. Since almost the day he left, he has been making buckets of money selling his knowledge to banks who broke the rules and are trying to escape the consequences. Here is what I mean. One month after leaving the FHA, Mr.…”