TAXPAYERS BAILING OUT FOREIGN BANKS
NO VOTE NEEDED TO GO TO 700 BILLION
HOUSE CAN ONLY VOTE ON SENATE VERSION-NO AMENDMENTS
RENEGOTIATING MORTGAGE RATES WILL SCREW THE GOOD GUYS WHO PAY THEIR BILLS
Another aspect that disturbs me is that the only regular “oversight” will come from the people most at fault:
(b) MEMBERSHIP.—The Financial Stability Over5
sight Board shall be comprised of—
6 (1) the Chairman of the Board of Governors of
7 the Federal Reserve System;
8 (2) the Secretary;
9 (3) the Director of the Federal Home Finance
10 Agency;
11 (4) the chairman of the Securities and Exchange Commission; amd
13 (5) the Secretary of Housing and Urban Development.