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101Scout
12-13-2007, 03:31 PM
There it is! When 'the ppl' are down and out, this is who craps on them the most. The upside down frickin' GOP!


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House GOP opposes foreclosure legislation
By Jackie Kucinich
December 13, 2007

As the number of home foreclosures continues to rise across the country, House Republicans are opposing a bipartisan bill that seeks to remedy the problem.

The House GOP decision is a politically tricky one as campaign strategists predict the issue will likely resonate throughout battleground states such as Ohio and Florida.


“This could be a bigger election issue next year than we currently give it credit for,” said David Wasserman, House editor of The Cook Political Report. “But, it is a difficult issue to condense into a 30-second ad, and it’s difficult to imagine that people specifically affected by the bill will band together into a coherent voting bloc.”

Democratic Congressional Campaign Committee Chairman Chris Van Hollen (Md.) said the foreclosure crisis would be a focal point in affected districts in the 2008 campaign.

“This is going to be a big issue; this is a train that everyone saw coming,” Van Hollen said in an interview Wednesday. “Republicans who voted against [mortgage legislation] either don’t care or they don’t get it.”

National Republican Congressional Committee Chairman Tom Cole (Okla.) disagreed, saying the issue is so complicated that it is unlikely to have a major impact next November.

“There are good reasons to be for or against those things,” Cole said. “I find it hard to believe that anyone will lose over this one issue.”

During a Judiciary Committee markup Wednesday of the compromise legislation authored by Chairman John Conyers Jr. (D-Mich.) and Rep. Steve Chabot (R-Ohio), GOP panel members argued that the compromise would cause untold harm to the banking industry and consumers.