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lagilmanDoctors say Sen. Edward Kennedy has brain tumor; condition discovered after he had seizure.
Seriously. If you're a scion of the Kennedy family? Change your name. It may not help, but it might buy you a few more years while the Universe hunts for you.
*sighs* I've oft disagreed with Teddy, and wanted to smack him around the room more than once, but hasn't the family Had Enough, already? More than enough?
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Also via Reuters:
WASHINGTON (Reuters) - A U.S. Senate banking panel on Tuesday passed legislation that would create a new government-backed mortgage rescue plan and a new regulator for Fannie Mae and Freddie Mac. Lawmakers passed the legislation on a vote of 19 to 2 after the top Democrat and Republican on the panel crafted a compromise that won broad bipartisan support.
The plan would enable the Federal Housing Administration to guarantee billions of dollars in refinanced mortgages for homeowners whose properties have fallen in value since they took out their loan.
The legislation would also create a stronger regulator for Fannie Mae and Freddie Mac.
Now that the legislation has cleared the banking panel, it will be reconciled with a similar plan that cleared the U.S. House of Representatives earlier this month. Sen. Christopher Dodd, chairman of the Senate Banking Committee, has said he hopes to see the mortgage rescue package reach President George W. Bush by July 4.
Lawmakers and policymakers in Washington have come under pressure in recent months to do something to a stabilize the national housing market that has been shaken by sinking home values and a rise in foreclosures.
(Reporting by Patrick Rucker, Editing by Chizu Nomiyama)
My feelings about this are...mixed. But it would be very nice to see Joe and Jane Homeowner get some help, and not just the corporations who were playing games all along. We'll have to see what batshit bullshit Bush pulls out of his pocket, when it finally hits his desk.
Seriously. If you're a scion of the Kennedy family? Change your name. It may not help, but it might buy you a few more years while the Universe hunts for you.
*sighs* I've oft disagreed with Teddy, and wanted to smack him around the room more than once, but hasn't the family Had Enough, already? More than enough?
--------------------
Also via Reuters:
WASHINGTON (Reuters) - A U.S. Senate banking panel on Tuesday passed legislation that would create a new government-backed mortgage rescue plan and a new regulator for Fannie Mae and Freddie Mac. Lawmakers passed the legislation on a vote of 19 to 2 after the top Democrat and Republican on the panel crafted a compromise that won broad bipartisan support.
The plan would enable the Federal Housing Administration to guarantee billions of dollars in refinanced mortgages for homeowners whose properties have fallen in value since they took out their loan.
The legislation would also create a stronger regulator for Fannie Mae and Freddie Mac.
Now that the legislation has cleared the banking panel, it will be reconciled with a similar plan that cleared the U.S. House of Representatives earlier this month. Sen. Christopher Dodd, chairman of the Senate Banking Committee, has said he hopes to see the mortgage rescue package reach President George W. Bush by July 4.
Lawmakers and policymakers in Washington have come under pressure in recent months to do something to a stabilize the national housing market that has been shaken by sinking home values and a rise in foreclosures.
(Reporting by Patrick Rucker, Editing by Chizu Nomiyama)
My feelings about this are...mixed. But it would be very nice to see Joe and Jane Homeowner get some help, and not just the corporations who were playing games all along. We'll have to see what batshit bullshit Bush pulls out of his pocket, when it finally hits his desk.
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Date: 2008-05-21 09:00 am (UTC)Could be true. You are right; they do get hit with enough crap to justify a curse or two.