well im hoping he attacks
The most depressing thing is that I support the bill in its current form.
But the key word is “current”. If Obama is elected there is nothing to stop him, Congress and his new Treasury Secretary from “improving” the bill. In coordination with Treasury, the new oversight committees will identify selected outrages showing that minorities and credit-challenged borrowers are being “discriminated against”. They’ll resurrect their 1980’s red lining campaign. And — voila! — there will be a need for ACORN-like groups to step in as referees. (They’ll create another ACORN with some attractive name like “Homeowner Protection Action Group”. But ACORN will be behind it.)
It’s so obvious. Why would anyone think the pols in Congress would be able to keep their sticky fingers off such a huge pot of money? They can’t and they won’t.