Conservative Republican House of Representatives Congressmen Oppose Mortgage Loan Solvency Crisis Bailout Package Additions Redo’s Changes don’t Address Reform to Stop Give Away Cheap Affirmative Action Loans by Fraud and Democrat Legislative Impetus Mandate Community Reinvestment Act on Steroids Fannie Mae And Freddy Mac Shielded Blocked from Correction Reform Investigation by Scandal Ridden Democrats on Capitol Hill

The House of Representatives is expected to vote on the “sweetened” senate version of the bailout bill tomorrow, Thursday, vp debate day, and the bill still essentially is the original, huge amounts of cash to be infused into troubled companies, taking their bad loans and inventory off their books, to free up cash for their business operations, for more liquidity in the system, which is fine, but it doesn’t address that Democrat inspired affirmative action lending caused this mess, nor does it say how to rectify the situation, by the cessation of loans to unqualified borrowers, it’s really as simple as that.  Credit has been easy, much of it to minorities, but too easy, many of the loans aren’t being paid back, so now, the Democrats and some Republicans want to bail them out, but we did not do the bad deals, the lenders, borrowers, and those who were gullible enough to buy the notes, did the bad deals, and now, the american taxpayer is expected to pay?

The Republicans want to root out the problem, and supply the needed liquidity for businesses by lowering their taxes, changing banking laws to cause more cash to remain in the U. S., to be invested, and henceforth, mandate only fiscally sound lending, not giveaway lending as the Democrats on the Hill have been fostering through years, through the Community Reinvestment Act, Fannie Mae, and Freddy Mac, dedicated to doling out money to people who often cannot pay it back, at the taxpayers expense, and so, about 2/3rds of Americans oppose the 2nd bailout plan too, wanting that the House Republicans’ ideas be reflected in the bill.

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