Words have meaning… Don’t expect Conservatives to take a verbal slapping from her, then tow the line and vote for this horrible bill. For Ms. Pelosi to tell republicans that it was “Unpatriotic” to not show up until today… (If they were paying taxes over the past few days, according to Babbling Joe Biden, they would be patriotic I guess).
The Original language had 20% of the returned “profit” to go to organizations like ACORN:
- DEPOSITS.Not less than 20 percent of any profit realized on the sale of each troubled asset purchased under this Act shall be deposited as provided in paragraph (2).
- USE OF DEPOSITS.Of the amount referred to in paragraph (1)
- 65 percent shall be deposited into the Housing Trust Fund established under section 1338 of the Federal Housing Enterprises Regulatory Reform Act of 1992 (12 U.S.C. 4568); and
- 35 percent shall be deposited into the Capital Magnet Fund established under section 1339 of that Act (12 U.S.C. 4569).
There is a better way that will not leave Hard Working Americans holding the bag for the poor choices of democrats and their cash grabbing government-sponsored enterprises” (GSEs) like Fannie & Freddie. Mrs. Pelosi, yours was the straw that broke the conservatives back. Thanks for not being able to shut up and keep a civil tongue today, it ended up helping America.