Today Sen. Mark Schauer was highlighted in a Wall Street Journal story about the foreclosure crisis facing Michigan:
In Michigan, housing is driving a wedge between Republican Rep. Tim Walberg and his opponent, Democrat Mark Schauer, a state senator. Mr. Walberg voted against legislation that would have toughened oversight of mortgage lenders, while Mr. Schauer is pushing proposals to stiffen oversight of loan officers and ease foreclosure rates among veterans. "It is a huge economic issue in Michigan," Mr. Schauer said.
This is not the first time Schauer's efforts to combat the foreclosure crisis have been highlighted by the national media. Here's what Jay Newton-Small of Time Magazine wrote last November:
After Walberg's narrow victory in 2006 (a race in which he outspent his opponent by $1.2 million to $46,000), the Democrats this time have recruited a top-tier opponent: State Senator Mark Shauer, who has championed the predatory lending issue in the state legislature, co-sponsoring legislation that would tighten oversight on loan officers and support programs to help homeowners refinance their mortgages. Schauer plans on campaigning on the issue and accuses Walberg of turning his back on people in need. "The people in Michigan are struggling, and we're doing what we can to help at the state level," Schauer said. "But Washington and my opponent need to step up."
Yesterday Sen. Schauer had this to say about President Bush's new plan for foreclosures:
"It's about time that Washington realized we have a foreclosure crisis in this country. Unfortunately, the solutions proposed by the Bush Administration and their supporters appear to be more of a short-term band-aid, when at least in Michigan, we need a tourniquet to stop the bleeding. I'll continue to push for real, comprehensive solutions to this crisis because people are suffering and our future is at risk."
Communities across this district have been hit particularly hard by record foreclosures and Schauer is working to help struggling consumers. People from the 7th district are hungry for change and ready for a Congressman who will represent the interests of south central Michigan, not the failed policies of the Bush administration that helped create this foreclosure crisis in the first place.
Here's what you can do to support Sen. Schauer's people-powered campaign:
*Visit markschauer.com and join our email list
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*Support our grassroots effort by making a contribution through ActBlue
Join us, and together we can unseat another Bush Republican and send a proven leader to Washington who will fight to move Michigan forward. |