And the fact is, they have ALREADY CAVED!!!
"Aid for homeowners emphasized; House leaders: Refocus rescue" by Reuters | December 16, 2008
WASHINGTON - Congressional Democrats are drafting legislation to demand the White House do more to reduce home foreclosures before Congress will agree to release additional money for the $700 billion bank bailout program.
Translation: They are going to GIVE HIM the REST of the $$$$!!!
And I thought the BAILOUT BILL HAD THOSE SAFEGUARDS WRITTEN IN? That's what they TOLD US when they shoved it up our asses!!!! Now we find they just wrote a blank check for Bush? After all that's happened the last eight years?
Looking toward a possible request for $350 billion more cash for the Troubled Asset Relief Program, House Speaker Nancy Pelosi said yesterday she and Representative Barney Frank, a Newton Democrat, were discussing a prerequisite bill.
Translation: The Bushies ARE GOING to get the $$$! Why not just WAIT for your OWN MAN, DemocraPs?!!!!
She said the Bush administration has "totally ignored" a provision of October's original TARP law requiring efforts to reduce foreclosures....
Then IMPEACH 'EM, you fucking beeeeee-ach!!!!!!
I mean, WHAT ELSE DID SHE EXPECT?
Readers!!!!?!!!!!
"Absolutely nothing has been done to respect that part of the legislation," Pelosi, a California Democrat, told reporters as she discussed the House's agenda in coming weeks.
Well? DO SOMETHING ABOUT IT!!!!
She and Frank have talked about "legislation that insists that the provisions of the [TARP] law be honored, before we release any more funds," Pelosi said. Legislation demanding more foreclosure mitigation will be ready within the next couple of weeks, said Steven Adamske, an aide to Frank, who chairs the House Financial Services Committee.
Related: Barney Frank Says Bush Will Get Rest of Bailout Funds
They are fucking PATHETIC, folks!!
Senate Banking Committee chairman Christopher Dodd said last month he was willing to legislate if the financial sector failed to do more to curb foreclosures, restrain executive pay, and alter mortgages for homeowners.
I thought that was IN the ORIGINAL BAILOUT?!
WTF? You guys just FLAT OUT LIED TO US, didn't you?
Yeah, I AM FUCKING LIVID RIGHT NOW!!!!!!
It was unclear whether the Pelosi-Frank bill would also address executive compensation and mortgage modification.
Here is your modifier:
"lenders were more likely to offer a modified loan that resulted in a higher, not lower, monthly payment"
Is that the kind of "help" you really need?
It was also uncertain when or if the Bush administration would ask Congress to release the second half of TARP funding. Of the $350 billion already released by Congress, only $15 billion remains uncommitted.
And WE KNOW where that is going: AUTO COMPANIES!! Better give him the other half, DemocraPs, so there will be no loot left for you! How fucking stoo-pid you guys are!!!!
The administration said Friday it might dip into the TARP to aid struggling US automakers, which failed Thursday to win a separate bailout of their own from Congress. Pelosi said yesterday she expects the Bush administration will use the TARP to help the automotive industry.
Then you are doing nothing but stinking up the halls of Congress with your farting all over the place, 'eh, Pelosi?
Sad that tourists have to SMELL the POLITICIANS!
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