Posted on 06/24/2008 11:20:13 AM PDT by STARWISE
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Senate Housing Bill Requires eBay....+ All Credit Card Companies to Report Transactions to Govt
http://www.freerepublic.com/focus/f-news/2035149/posts
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We all fell down .. I'm guilty as well. Broke my arm + did not call or fax my congresscritters.
Are we sure this isn't "Billion"?
Article links:
Meanwhile, Politico asks Senate members to show them their loans. Check out the results here.
http://www.politico.com/homeloans/
It’s so, so tough to be a U.S. Senator, isn’t it?
http://article.nationalreview.com/?q=ZTY3ODA3NmMwZGJjNjVkYTllNWE5ODE0MjAwMzJhNWY=
Sniff.
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Update: Here’s the cloture motion roll call vote. Look who’s AWOL again…
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Senate Housing Bill Requires eBay....+ All Credit Card Companies to Report Transactions to Govt
http://www.freerepublic.com/focus/f-news/2035149/posts
It’s $300,000,000,000 (that’s 300 billion) in additional crap loans to insolvent people.
America is finished.
The Senate voted 83-9 to move forward on Dodd’s housing aid bill. Final vote is scheduled for later today.
hmmm 83-9. Seems alot of Republicans voted for this bill.
We have met the enemy and he is most elected politicians regardless of party.
Bad loans to be bought out with more bad loans. It’s just tax dollars, that’s free money isn’t it?
it’s hard out there for a pimp.
Where’s my bailout! I want my house paid for too! I don’t care that I make my payments early every month and was smart enough to get a fixed interest home loan! I want a bail out too!
Unbelievable. They should just leave a ‘for sale’ up at the Capitol. This is ridiculous.
Hey Roscommon, remember when we were talking about buying our first homes and lamenting over the fact that we played by the rules like a couple of schmucks?
The US Senate almost in it's entirely just made it official: We're schmucks.
Is that Dodd's (housing aid bill)? Or is it (Dodd's housing) aid bill? Because $300 million (As the headline states) is more in line with aiding the housing of one Senator... well, aiding him on top of what Countrywide was given him as a quid for this pro quo.
Senate Housing Bill Requires eBay....+ All Credit Card Companies to Report Transactions to Govt
Time to buy every hamburger and coke with a credit or debit card to flood the databases with worthless information while buying the guns and ammunition with cash.
The worst part:
http://www.freedomworks.org/newsroom/press_template.php?press_id=2571
Payment Card and Third Party Network Information Reporting. The proposal requires information reporting on payment card and third party network transactions. Payment settlement entities, including merchant acquiring banks and third party settlement organizations, or third party payment facilitators acting on their behalf, will be required to report the annual gross amount of reportable transactions to the IRS and to the participating payee. Reportable transactions include any payment card transaction and any third party network transaction. Participating payees include persons who accept a payment card as payment and third party networks who accept payment from a third party settlement organization in settlement of transactions. A payment card means any card issued pursuant to an agreement or arrangement which provides for standards and mechanisms for settling the transactions. Use of an account number or other indicia associated with a payment card will be treated in the same manner as a payment card. A de minimis exception for transactions of $10,000 or less and 200 transactions or less applies to payments by third party settlement organizations. The proposal applies to returns for calendar years beginning after December 31, 2010. Back-up withholding provisions apply to amounts paid after December 31, 2011. This proposal is estimated to raise $9.802 billion over ten years.
I am furious about this damn bill.
Well hey you know the RATS lost their “special” house bank and post office priviledges that they had the last time they controlled Congress. With them back in power they have to get the extra payoffs they “deserve” from somewhere.
One thing about government loans - they aren’t liquidated in bankruptcy.
Just remember who works for who. Elections are a sideshow.
Mortgages are public record anyways.
This is pandering to make Dodd seem less criminal.
The presidential candidates all AWOL.
I believe a cloture vote is not indicative of the final support.
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