White House threatens veto of Senate foreclosure bill


	White House threatens veto of Senate foreclosure bill

tabsey

2-26-2008 7:06 PM

99 views

tags:

bush, heartless

tabsey says:

The million dollar question is, "Who runs the country?"

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/45600217-adf1-422b-b42c-1ab65f067b9e/98B80775-F32E-4AA5-93B7-2AE68385173D/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.reuters.com/article/politicsNews/idUSWBT00845620080226?feedType=RSS&feedName=politicsNews" href="http://www.reuters.com/article/politicsNews/idUSWBT00845620080226?feedType=RSS&feedName=politicsNews" style="font-size: 11px;">www.reuters.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/politicsNews/idUSWBT00845620080226?feedType=RSS&feedName=politicsNews"><P>WASHINGTON (Reuters) - The White House said on Tuesday that advisers to President George W. Bush would recommend vetoing a U.S. Senate bill aimed at preventing home foreclosures stemming from the subprime mortgage crisis.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/politicsNews/idUSWBT00845620080226?feedType=RSS&feedName=politicsNews"><P>If the bill "were presented to the president, his senior advisors would recommend he veto the bill," said a statement from the Bush administration.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/politicsNews/idUSWBT00845620080226?feedType=RSS&feedName=politicsNews"><P>With a housing market slump threatening to tip the economy into recession, the Senate was expected to debate a bill this week that would let bankruptcy judges erase some mortgage debt and provide more money for fixing abandoned properties.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/politicsNews/idUSWBT00845620080226?feedType=RSS&feedName=politicsNews"><P>Democrats drafted the bill amid election-year concerns about falling home prices and a surge in home foreclosures.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/98B80775-F32E-4AA5-93B7-2AE68385173D/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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