The nonpartisan Sunlight Foundation, which sharply criticized House Democrats for their print-it-and-vote strategy on the stimulus, is blasting the leadership for jamming hundreds of new pages into the climate change bill without public debate.
The group is demanding an explanation for how the cap-and-trade legislation ballooned from 946 pages when it was released last week to more than 1,200 pages now — and wants House Speaker Nancy Pelosi to slow down so that reps can actually read the fine print before voting.
This isn’t a bug, apparently. It’s a feature.
Hey, at least Congress is learning, right?
Two U.S. Democratic lawmakers want Fannie Mae and Freddie Mac to relax recently tightened standards for mortgages on new condominiums, saying they could threaten the viability of some developments and slow the housing-market recovery, the Wall Street Journal said…
In a letter to the CEO’s of both companies, Representatives Barney Frank, the chairman of the House Financial Services Committee, and Anthony Weiner warned that a 70 percent sales threshold “may be too onerous” and could lead condo buyers to shun new developments, according to the paper.
Nah. Just like Talleyrand said about the Bourbons, “they have learned nothing and forgotten nothing.” May not be the exact quote, but close enough for government work.
funniest end of civilization evah!
If anyone wrote this five years ago as a true-to-life story, it’d have been considered a farce instead.
They use to sing “We Shall Overcome”… we just didn’t understand what that really meant… now we know.
The real question is: Can they be stopped?
They used to sing “We Shall Overcome”… we just didn’t understand what that really meant… now we know.
The real question is: Can they be stopped?
Dear Reps. Frwank and Weiner (the latter being too evocative to change …):
In response to your request we have created a new security made up of mortgages for condominium developments that have achieved less than a 70% sales threshold. We will release them for sale to the general public as soon as the two of you converted your entire life savings and investment portfolios to purchase them and placed them in a blind trust that will not change them.
Sincerely,
Freddy Mac and Fannie Mae