Pawlenty vetoes important foreclosure bill

Right-wing Gov. Tim Pawlenty of Minnesota has poopies in his Superman Underoos.

Much like the Bushes, Pawlenty is a particularly arrogant user of the veto pen to stand in the way of progress. Recently he vetoed a transportation bill passed by the Minnesota legislature because the bill would have pulled the state out of the fascist Real ID program. Now the Republican governor has vetoed a much-needed bill that would have placed a temporary hold on foreclosures against struggling Minnesotans.

Pawlenty's veto was cheered by the right-wing American Securitization Forum, a group of lenders and powerful Wall Street investment firms. By vetoing this important bill, Pawlenty has in effect bailed out greedy banks and cost many hard-working people their homes.

The gov has several excuses for his veto. One is that placing a moratorium on foreclosures will just make credit more expensive for other folks. Well, no, not necessarily. If there was any oversight at all over the banking industry, it's not likely to happen. He also claimed the bill would have unconstitutionally restricted contracts. Wrong again. There's nothing unconstitutional about the bill, and the bill has an airtight precedent: In the 1980s, Minnesota passed a strong law to defer farm foreclosures.

After vetoing the latest bill against foreclosures, Tim Pawlenty doesn't exactly sound like a champion of working-class populism, does he?

(Source: http://www.twincities.com/politics/ci_9421317?nclick_check=1)