Posted on 06/20/2008 5:14:47 PM PDT by SE Mom
~snip~ Second, we'd invite our readers with some expertise in this area to look over the document for things we might have missed ~snip~
PDF link referenced in the piece: http://www2.nationalreview.com/dest/2008/06/20/bofa.pdf
If the lenders take this “bailout” from the government, they should be required to use the government pay scale. No more huge CEO payouts when taking the government’s dime this shamelessly.
This could get ugly shortly..
<”This could get ugly shortly.”>
Good! Everyone knows that ugly goes all the way to the bones. In this case that means Congress.
So what did Shelby get from the mortgage brokers?
Orders and instructions?
Who knows with Shelby- but did you read the piece? Basically it looks as though BOA WROTE the damn bill....talk about brewing scandals.
I'm happy to see my Senator Kit Bond is one of the few tenacious Republicans.
This is corruption at its’ finest- plus the little tidbit they want to tuck into this bill that ALL credit card co’s report to the feds..
Brewing scandal, ping..
I haven’t read the bill itself yet. It doesn’t even appear that they are trying to hide the improprieties. ‘Above the law’ and all that...
I just can’t hold my head sidewise to read it.
Neither can I...I tried for a couple of mins- but I’m PDF handicapped- there must be a way to get it readable.
Dodd has been somewhat subdued on the Senate floor for the past few days although he worked himself up to yelling mode from time to time.
It’s pretty bad what is going on. I surely don’t know what to do about it. I was active in the term limits effort and we got some traction for a while. Then it faded.
They have become a criminal class that feels entitled to its criminality. They don’t believe for one minute that they derive their power from the people or are limited by the Constitution. THEY are the power and they will tell the American people how things will be.
We’re giving you “comprehensive immigration reform”, like it or not. Didn’t work, but they believed they were going to get away with it, Republicans and Democrats alike.
They want to set up a permanent funding for low income housing, one of the worst scams that ever was.
I really could go on and on with this, but I am getting to depressed.
Ask the folks here, there’s someone who will help.
Right click then click on ‘rotate’. Or if your on a laptop just hold it sideways. :)
Dodd==>Resign! If I were doing business at Country Wide, I’d be down there demanding my VIP treatment too.
Estimates from;
http://jphilipblog.wordpress.com/2008/06/19/chris-dodds-sweetheart-mortgages/
Dodd was not charged about $7500 for the Washington Townhouse, and perhaps paid $2-3000 less for his Connecticut home. That is roughly $10,000 which would have been rolled into the closing costs. He saved roughly $200 per month on his combined payments.
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