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To: Hydroshock

The lending industry is wanting a bail out. Chuckie Schumer is carrying the water for the industry but the lenders should take their lumps for following a poorly thought out business practice.


3 posted on 08/09/2007 6:41:05 AM PDT by em2vn
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To: em2vn

On Cavuto yesterday Bush said he’d veto any bailout.


7 posted on 08/09/2007 6:43:28 AM PDT by cinives (On some planets what I do is considered normal.)
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To: em2vn

Exactly.

Both the people who entered into these bad loans and the companies themselves must takt the hit.

No federal bailout.


17 posted on 08/09/2007 6:48:57 AM PDT by Red in Blue PA (Truth : Liberals :: Kryptonite : Superman)
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To: em2vn

Chuckie gets all his $$ contributions from the industry. He will bail them out but label it a “a bailout for the poor homeowners”.


41 posted on 08/09/2007 7:05:57 AM PDT by hubbubhubbub
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To: em2vn
Chucky Schumer and his fellow democraps should know a "risky scheme" when they see one. Wasn't that their mantra before "culture of corruption"?

Typical

Hypocrites

What else is new.

42 posted on 08/09/2007 7:06:32 AM PDT by RckyRaCoCo (sing after me......de-por-ta-tion cha-cha-cha)
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To: em2vn
Chuckie Schumer is carrying the water for the industry but the lenders should take their lumps for following a poorly thought out business practice. Chucky, again grabbing on to the latest news, after the fact. Pols like Putz Schumer in the past threatened to sue banks that didn't do enough mortgage lending in poor areas. They did, and now Schumer is weighing in because of the subprime defaults. Laugable. When gasoline prices spiked a few summers back, Putz Schumer was calling on gasoline to be released from the Strategic Petroleum Reserve. Now, following the bridge collapse in MN, he and other Dems are calling for increased federal gas taxes to help fund road and bridge improvements. You can count on the Putz to weigh in whenever there is news, even if he is on every side of every issue, depending upon the news of the day.
49 posted on 08/09/2007 7:12:14 AM PDT by dashing doofus (Those who are too smart to engage in politics are punished by being governed by those who are dumber)
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