In January 2008, at the age of 52, I lost everything when I could not meet a balloon construction loan payment as the LTV shrunk and a fire roared up the hill scaring away even hard money lenders. All I could save was what I could fit in the back of my Jeep and my dog and I became homeless briefly.
Buoyed by Obama’s election, I closely observed our political process and discovered what caused my loss of home, business, savings, belongings and credit. Additionally, my new wife works at a hospital helping poor patients get charity care and was coming home in tears with sad story after sad story - and over the next year, 3 out of our 5 grown children moved back home due to job loss and foreclosures. Our finger is on the pulse of recession strife and pain every day.
After a very spirited argument/discussion with my free market conservative attorney January 7th 2010, and after watching the bankers testify before Congress, and after Citizens United ruling was announced and I realized that I may have just witnessed the death of our democracy if nothing was done - I became even more desperate for our collective five children’s future.
Necessity is the mother of invention. My life-&-death struggle; My wife’s daily experience and our parental concern caused a desperate search for answers. I sat down and wrote the book “Political Finance Reform” and started the non profit PoliticalFinanceReform.org.