a bill went before the senate yesterday that would allow homeowners who
are facing foreclosure to file bankruptcy so that a court could
renegotiate the terms of their contract with the banks. this is common
for all business and for people who own 2 or more homes, yachts, jets,
etc. anyone rich may file bankruptcy if they find themselves in
trouble.. the house of representatives passed this bill overwhelmingly
with more than a 2/3rds majority. in the senate, corporate democrats
crossed party lines to vote with 100% of republicans for the banks and
not for the people. they did not pass this bill and they did not pass
it because they are in the pockets of the banks. (they're also trying
to keep a bill protecting consumers from predatory lenders credit card,
rate hikes and fees, bogged down as well. we know who republicans work
for, now we're finding out who the corporatist democrats are working for
too.) we cannot stop the economic melt down until the banks take the
losses for the bad, unsustainable loans they made. they must
renegotiate terms so people can stay in their homes. they need to take
their losses and stop foreclosing on the American people because they
know that the government will keep throwing money at them to make sure
they don't have to take that loss. until that loss is taken, any
recovery is just an illusion based on another empty bubble.
here are a list of the democrats who voted against the people and for
the banks. please pass this on so that people who voted for these
crooks will know them come next election and give them the boot they
deserve. if we'd wanted corporate interest and corporate interest along
served, we would have voted for republicans AGAIN.
Baucus, Bennet, Byrd, Carper, Dorgan, Johnson, Landrieu, Lincoln, Nelson
(NE), Pryor, and Tester.

From Shelley's blog...