U.S. Housing and Urban Development Secretary Shaun Donovan had this to say on behalf of the Obama Administration.

Get a load of this! –

“Where any homeowner has been defrauded or denied the basic protections or rights they have under law, we will take actions to make sure the banks make them whole, and their rights will be protected and defended,” Donovan said at a Washington press briefing. “First and foremost, we are committed to accountability, so that everyone in the mortgage process — banks, mortgage servicers and other institutions — is following the law. If they have not followed the law, it’s our responsibility to make sure they’re held accountable.”

Wow! So, let me get this straight. The foreclosure industry and many banks have been foreclosing on homes with false affidavits and, very often, little or no documentation. They have been doing this for more than two years.

You have never caught any of them doing anything wrong for that entire two year period.

Tell me, at what point in time, did you discover you were committed to accountability? ‘Must have been sudden!

After you have ignored countless stories in the press over the last two years and finally, days ago, after all fifty state Attorney Generals have announced action, you organize a posse, mount up and ride for justice?

Well, problem solved!! All we have to do is wait for you to bring ’em in!

I’m so pleased. I’m so impressed. I’m touched by your devotion to justice. I’m awed by your dogged pursuit of wrong doers.

Right! And here’s what I really think.

You couldn’t find your butt with a 50,000 watt searchlight.

James Pilant