However Bad Things Get, They Could Always Have Been Worse If John Edwards Had Become President
The Wash Post has a piece about former senator and presidential candidate John Edwards (D-N.C.) in which the philandering Tarheel convicts himself of being a massive jerk simply by opening his mouth:
"The two things I'm on the planet for now are to take care of the people I love and to take care of people who cannot take care of themselves"…
Meanwhile, in New Orleans, residents who had been foreclosed on after Hurricane Katrina by subprime lenders owned by Fortress Investment Group, a hedge fund that Edwards worked for and invested with, have not received the special assistance that Edwards promised after their troubles were reported by The Washington Post and Wall Street Journal in 2007….
Among the homeowners were Ernest and Ollie Grant, whose storm-damaged house faced foreclosure by Fortress-owned Nationstar Mortgage, on an adjustable rate loan that shot to $1,200 per month. The Grants say that after months of waiting for Acorn to call them, they reached out on their own and found a helpful employee, "Miss Kristi," who got their monthly payment down to $649.
But six months ago, Nationstar started sending letters saying the payment was going back up above $900. The Grants called Acorn back, but Miss Kristi was gone, and others there provided no help. With their home finally fixed up, they are again worried about losing it. They bristle at Edwards' name….
In 2007, Edwards said he had gone to work at Fortress because his family needed the income, despite holdings then estimated at $30 million. But in the interview, he said he was no longer fixated on finding lucrative work. "When I'm on my deathbed, I don't think I'll be thinking, did I work enough or earn enough money," he said. He plans to return to El Salvador next month. "Whether I'm digging a ditch or hammering a nail, I don't have any pride in this anymore, I just want to help," he said. "If I can help the most by working quietly, that's what I'll do. If as time goes by I can be more helpful with a public role, that's what I will do. "
More, if ya can stand it, here.
Bonus video: Edwards speaking about the forgotten man in front of a Christmas tree, circa December 2007.