To: Dems_R_Losers
Gov Palin should have jumped on that with both feet when Biden brought it up. Obama not only wants to allow bankruptcy judges to change the interest rate, he wants to give them the power to change the amount owed. And then he claimed that it would somehow benefit the lender!
36 posted on
10/03/2008 6:21:12 AM PDT by
Blood of Tyrants
(G-d is not a Republican. But Satan is definitely a Democrat. And so is Obama.)
To: Blood of Tyrants
Gov Palin should have jumped on that with both feet when Biden brought it up.
_____________________________________________
She couldn't. That same provision is already in the 'rescue' bill that her boss endorsed.
41 posted on
10/03/2008 6:30:35 AM PDT by
wtc911
("How you gonna get back down that hill?")
To: Blood of Tyrants; Dems_R_Losers; SatinDoll; marsh2; Jedidah; dixiechick2000
Section 110 on pages 28-29 of HR 1424 (the Rescue Bill) allows for...
"Reduction in the interest rate
Reduction of Loan Principal
Other similar modifications" (of loans)
McCain signed it. Bush will sign it. We will end up buying homes for deadbeats.
43 posted on
10/03/2008 6:47:26 AM PDT by
wtc911
("How you gonna get back down that hill?")
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