November 17, 2008
Judge Andrew Napolitano: BAILOUT Flip Flop Unconstitutional!
Rat Says: Just know this … Obama was one of the most vocal and persuasive Senators in passing this criminal bill. His call to the Black Caucus was largely responsible for the bill passing the second time through the house.
Black Caucus members flip, support bailout bill
By Zenitha Prince
The Afro-American Newspapers
Updated Oct 10, 2008, 10:58 amWASHINGTON (NNPA) - Thanks in part to personal calls from presidential candidate Sen. Barack Obama, several Congressional Black Caucus members Oct. 3 flipped their votes and helped pass a Wall Street bailout plan, known as the Emergency Stabilization Act of 2008.
Fourteen of 21 CBC members who helped defeat the bill in the House of Representatives Sept. 29, joined the lawmakers who voted 263-171, a margin of 90 votes, in support of the $850 billion package.
Illinois Rep. Jesse Jackson Jr. said, despite misgivings, he decided to change his vote after he “received assurances from Sen. Obama that, as president, they ‘would aggressively regulate predatory lending and force mortgage modifications to prevent foreclosures.’”
“Sen. Obama and I agree that our financial foundation needs reinforcing. We also agree that homeowners need protections. (But) first things first……….” full article: Finalcall.com
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