Time to Call Mitch McConnell

By Erick Posted in | | | | | | — Comments (4) / Email this page » / Leave a comment »

Your must read of the morning is this editorial at the Wall Street Journal.

This week, the Senate takes up the Mortgage Bailout Bill.

We have known Speaker of the House Nancy Pelosi (D-CA) received preferential treatment from Countrywide Financial.

We now know that the legislation will mostly benefit mortgage lenders like Countrywide Financial.

We now know that the two Senate leaders pushing this legislation, Chris Dodd (D-CN) and Kent Conrad (D-ND), received preferential treatment from Countrywide Financial, in addition to Senator Barbara Boxer (D-CA).

Kent Conrad, on Friday, issued a statement saying he "never met Angelo Mozilo," the CEO of Countrywide Financial. But, the Wall Street Journal reports Senator Conrad now admits he "called Mr. Mozilo and asked for a loan. The result was a discounted loan on his million-dollar beach house and a separate commercial loan of a type that residential lender Countrywide did not even offer to other customers, regardless of the rate."

Call your Senator at (202) 224-3121 and tell him we should not be bailing out mortgagors as payback for Senators.

Call the Republican Leader, Senator Mitch McConnell, at (202) 224-2541 and tell him that in light of apparent Democrat indiscretions with Countrywide, he should not agree to limit debate on the mortgage bailout.

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Time to Call Mitch McConnell 4 Comments (0 topical, 4 editorial, 0 hidden) Post a comment »
Straight from the Horses Mouth (Yes it is insulting to Horses) by Joliphant

http://www.house.gov/pelosi/press/releases/Dec05/medicare.html

Pelosi: 'Medicare Prescription Drug Bill is Evidence of Culture of Corruption and Cronyism'

Thursday, December 8, 2005

Contact: Brendan Daly/Jennifer Crider, 202-226-7616

Washington, D.C. - House Democratic Leader Nancy Pelosi offered a privileged resolution on the House floor today regarding the impact of the Republican Congress' culture of corruption's upon America's seniors. The resolution failed by a party-line vote of 219 to 188. Below is Pelosi's statement and the text of the privileged resolution:

“Across the country, seniors are trying to navigate the complicated and confusing Medicare Prescription Drug Benefit; it is complicated and confusing because it was written to meet the needs of drug companies and private insurers, not the needs of Medicare beneficiaries.

“Today Democrats tried to hold Republicans responsible for the culture of corruption and cronyism that led to this sham of a bill. Instead, Republicans have rejected calls to give beneficiaries an additional six months to choose a plan, and remove the prohibition so the government can negotiate for lower prices. Democrats believe that our seniors deserve better, that is why we are going to keep working for a real Medicare Prescription Drug Benefit.”

Mr Pot there is a Ms. Kettle on the phone for you.

"Those who expect to reap the blessings of freedom must, like men, undergo the fatigue of supporting it."
-Thomas Paine: The American Crisis, No. 4, 1777

Reply To This — User Info — #1
Oh Conrad is only giving back 1/5 the benefit he received by Joliphant

His giving back 10,000 dollars on the loan is one years worth of the savings he accrued from the loan.

The bribe amounted to over 10,000 per year. The same holds true for Pelosi. Both got bribes that would amount in the hundreds of thousands over an extended period of time.

"Those who expect to reap the blessings of freedom must, like men, undergo the fatigue of supporting it."
-Thomas Paine: The American Crisis, No. 4, 1777

Reply To This — User Info — #2
Other ways to contact Sen. McConnell by shooflyguy68

Just in case you can't get through to his Washington line.
http://mcconnell.senate.gov/contact.cfm

Reply To This — User Info — #3
Why doesn't she file a bill to revoke the Medicare drug plan? by bk

~~
Obama's guiding principle: "I reserve the right to revise and extend my remarks."

Reply To This — User Info — #4
 
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