Posted on 05/08/2008 8:02:19 AM PDT by MrLegalReform
Pop quiz question: Who are the victims of the recent housing crisis?
A. Borrowers who signed mortgages they couldn't afford
B. Owners who have seen the values of their homes plummet
C. Local governments who are dealing with neighborhoods of vacant, foreclosed housing and a shrinking tax base
If you chose any of the above, you are wrong. According to the latest legislation getting ready to pass the House, the answer is: D. Plaintiffs' trial lawyers.
(Excerpt) Read more at chamberpost.com ...
thnik of it as greasing the skids of democracy... with slime.
So who put / sponsored the earmark?
I’m glad the poor trial lawyers are finally going to receive the federal financial assistance they have desperately needed for so long, now.
President Bush, veto this dog!
I believe somewhere that he said he is going to veto. So all of this is going to be “for show”.
Trial lawyers learned well from the mafia - if you don’t pay them off first, you can’t get anything done.
Looks like Rep. Melvin Watt (D-NC):
http://republicanleader.house.gov/News/DocumentSingle.aspx?DocumentID=90483
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