January 26, 2012--Banks Feeling the Pain

Mitt Romney, who famously declared corporations to be people, stepped in it again yesterday while campaigning in Lehigh Acres, Florida.

According to the Associated Press--

Republican presidential candidate Mitt Romney came to ground zero of the housing crisis Tuesday to assail rival Newt Gingrich over his ties to the government-backed mortgage companies that helped make it worse, a message Romney has been pushing since he landed in the state. But that meant he also had to talk about banks - and he continued what's become a habit of comparing companies to people.

Romney was standing outside a Fannie Mae-foreclosed home in a struggling neighborhood telling a small crowd why they're having so much trouble. "In this case, it's because of the banks," he explained. "Well, the banks aren't bad people. They're just overwhelmed right now. . . . The banks are scared to death, of course," he said. "They're feeling the same thing that you're feeling."

The banks are feeling the same thing people are feeling who are facing foreclosure? If this represents his new strategy of demonstrating that he feels American's pain, this is a strange place to begin--showing empathy for Bank of America.

He is managing to do the impossible--make Newt Gingrich seem compassionate.