WASHINGTON, Oct. 3 (UPI) -- The plight of an Ohio woman who shot herself as deputies tried evict her from her foreclosed home was part of congressional debate on the $700 billion bailout.THE GUARDIAN
Addie Polk, 90, was being treated at Akron General Medical Center after shooting herself Wednesday as deputies were at her door with eviction papers, U.S. Rep. Dennis Kucinich, D-Ohio, said Friday during floor debate on the rescue plan for U.S. financial markets. Fannie Mae (NYSE:FNM) foreclosed Polk's home after acquiring the mortgage in 2007.
Kucinich used Polk's circumstances as he spoke against the rescue plan that eventually passed the U.S. House of Representatives 263-171.
"This bill does nothing for the Addie Polks of the world," Kucinich said. "This bill fails to address the fact that millions of homeowners who are facing foreclosure."
The bill, which passed the Senate Wednesday, "will take care of Wall Street," Kucinich said, "but democracy is going down here."
Robert Dillion, a neighbor, climbed a ladder to enter a second-story window in Polk's home after he and the deputies heard the noise from inside, CNN reported.
In 2004, Polk took out a 30-year mortgage for $45,620 with a Countrywide Home Loan office in Ohio, CNN said. Polk had missed payments on her home during the next few years. In 2007 the Federal National Mortgage Association (OTCPK:FDRNP), or Fannie Mae, assumed the mortgage and later filed for foreclosure.
The bailout is not going to work.