Current Bill Does Not Stop Forclosures!

By: relawson
Published On: 9/29/2008 8:43:19 PM

This is unbelievable - and affirms my belief that this bill did not deserve to pass.

Foreclosures are key element missing in plan
Hard as it is to believe, even a $700 billion bailout may not be enough to dig the economy and financial markets out of the hole they're in.

By committing such a staggering sum to end the widening financial crisis, Congress and the White House are hoping to deliver a swift knockout punch to the fear gripping the global markets and economy. But to win bipartisan support, key provisions have been watered down or left vague — including any efforts to stop the wave of foreclosures at the heart of the meltdown.

Why can't members of Congress create a bill that solves root problems?  Why are they so hell-bent on giving our money away without accountability?  I just don't get it.



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