Senate Passes Bloated Mortgage Bailout Bill
The Senate has passed the bloated mortgage bailout bill by a 63-to-5 vote, over objections from Senators like Jim DeMint (R-SC) who say it will rip off taxpayers. The White House has threated to veto the bill, “calling it a bailout for lenders who helped cause the mortgage meltdown.” The bill would cost the taxpayers billions and provide handouts for corrupt left-wing groups like ACORN, which helped spawn the mortgage crisis by pushing “liar loans,” and which is responsible for vote fraud and concealing embezzlement.
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