Public Enemy Number One (tags)
Fed- engineered crisis.
Senate housing bill- more grief for homeowners (tags)
Socialists across the nation are rejecting a U.S. Senate housing bill that offers little help to struggling homeowners facing foreclosure, while providing tens of billions for banks, financial institutions and big corporations. The bill (Foreclosure Prevention Act) passed in the Senate this past week by a vote of 84-12 and has been sent to the House. The vote was clearly a major setback for millions of homeowners and a big win for banks and big businesses.
Alexander: US Government Should Protect Homeowners (tags)
Stewart A. Alexander, a presidential hopeful with Peace and Freedom Party and Social Party USA, says President Bush and Congress could do more to protect homeowners during this nationwide home mortgage crisis. Alexander has ruled out a federal bail-out of mortgage lenders and believes homeowners need federal protection; he is introducing several steps to ease this national crisis.