'Open House' Openly Biased in Favor of Regulation

CNN's "Open House" host Gerri Willis called for new mortgage regulations on April 21.Willis said that lawmakers were "jawboning" in D.C. about problems in the subprime mortgage market. She also mocked Sen. Chris Dodd (D-Conn.), who held "a homeownership preservation summit," for not doing anything."I guess the wheels turn pretty slowly inside the Beltway," commented Willis before blaming congressional inaction for hurting homeowners:

"Politicians have yet actually to write some legislation to take on this problem, and that is hurting tens of thousands of people across this country," said Willis.

The CNN reporter mentioned nothing about personal responsibility. Back on August 19, Willis shared another anti-industry perspective on "Open House" complaining that a court ruling hurt uninsured hurricane victims.

Julia A. Seymour
Julia A. Seymour
Julia A. Seymour is the Assistant Managing Editor for the MRC's Business and Media Institute.