Posted on 06/23/2008 10:04:04 AM PDT by STARWISE
And yet these are the self-appointed privacy freaks who complain against domestic spying of terrorists.
Amazing.
Where’s the ACLU in all of this?
If they ever actually stopped to wonder they might realize what’s actually going on. Until then, they will continue to spend and meddle and tell us how much we need them to save us from the mess they’re making.
That’s a sneaky piece of crap.
Taxpayer Groups Sign Coalition Letter Opposing Dodd-Countrywide Mortgage Bailout Bill
http://www.freedomworks.org/newsroom/press_template.php?press_id=2570
The coalition letter stated:
“The Dodd plan creates a new housing trust fund that will collect more than $530 million a year through a new levy on Fannie Mae and Freddie Mac. The trust fund in turn makes these funds available to politically active community groups like ACORN outside the normal appropriations oversight.
In addition, the Dodd plan creates a new $300 billion facility that allows mortgage lenders to cherry-pick their worst performing loans and roll them into the FHA, shifting 100 percent of the loan liability to the taxpayer.”
The letter was supported by findings released earlier this week by the Congressional Budget Office’s (CBO) scoring of the Dodd-Frank legislation. The CBO predicts that banks will offload their “highest-risk loans” to the taxpayer, the reports also projects that a shocking 35 percent of the loans refinanced through the program will eventually default anyway at a loss to the taxpayer.
To view the coalition letter, please visit:
http://www.freedomworks.org/uploads/dodd-frank-coalition.pdf
~~~~
Call Congress and Tell Them to Oppose The eBay Reporting Provision in the Housing Bill:
1-866-928-3035
Unless "privacy" means having the right to kill an unborn baby. That "privacy" is somewhere in the Constitution, though I'm not sure where.
He doesn’t do credit cards in his other sports related activities either.
BINGO! IMHO this is the first step towards putting sales tax both national and state upon each credit card transaction.
“The White House said using public money to buy up foreclosed homes would unfairly benefit lenders who made bad loans. Supporters of the provision say a tidewave of foreclosures could destroy some neighborhood, especially in big cities.
“The federal government must not prolong necessary corrections in the housing market, bail out lenders, or subsidize irresponsible borrowing and lending, at the expense of hard-working people who have played by the rules,” the White House said.
The administration also objected to a temporary tax credit for home buyers, and to a funding mechanism that would tap revenues from Fannie Mae and Freddie Mac to subsidize FHA loan guarantees.
The Senate began debate Thursday on the bill, which is backed by a bipartisan group, including the leaders of the Senate Banking Committee, Sens. Chris Dodd, D-Conn.,
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and Richard Shelby, R-Ala.
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The Banking Committee approved the bill 19-2.
~~~~
Sen. Shelby:
Washington Office:
110 Hart Senate Office Building
Washington, DC 20510
Telephone: (202) 224-5744
Fax: (202) 224-3416
Email: senator@shelby.senate.gov
That was one credit card company and they're getting in trouble for it.
However, it does look like it is time to use the credit cards less and use cash more.
That information is not in your credit report and has no bearing on your FICO score.
However, your individual card issuers do know where you are spending your money, and it is plausible that they would be able to act on this information as you have described.
Also, the issuing banks do check your credit report every so often, and if they see that other lenders are lowering your credit lines or not getting paid, they are likely to take appropriate actions to mitigate their own risk.
heck I bet they make Dodds house payments for him
NO...and you can't say that..!!
/S
“However, it does look like it is time to use the credit cards less and use cash mo”
its always time to use credit cards less
Yep...The same senator who might not be making payments on his mortgage and was in effect, given a house.
Pay with CURRENCY! Small bills. Or, use GOLD.
It "emanates" from a "penumbra"; if you can't see it, it must be because of the secondhand smoke.
YES - one and the same DUDD....LOL...just like his gun-controlling DUDD father.
Congress can’t take a sh*t without messing in other people’s business!
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