Posted on 06/23/2008 1:29:50 AM PDT by Uncle Ralph
The Washington Examiner has obtained a confidential and proprietary document produced by Bank of America and titled FHA Housing Stabilization and Homeownership Retention Act of 2008. The Discussion Document dated March 11, 2008, closely resembles the housing bailout bill drafted by Sen. Chris Dodd (D-Conn.) that the Senate is set to vote on within days. Senate staffers have told the Examiners Tim Carney, the bailout section is exactly what Bank of America and Countrywide wanted. Its obvious they got what they asked for.
(Excerpt) Read more at blog.heritage.org ...
Just remember, the “culture of corruption” is only a republican thing.
If a Republican had done this it would be getting 24/7 coverage and hearings would already have been called for.
http://www.freerepublic.com/focus/f-news/2034135/posts
background and discussion
Lobbyists have been crafting bills for decades. And nothing will change. We deserve what we get.
bump
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