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[bob ford <bobford79 AT yahoo.com>]

Mccain's stunt presents absolutely no bearing on the House Democrats  lack of 
anything even remotely looking like a backbone. The House Democrats have the 
numbers to pass this or any other verssion of the bill they please.  McCain 
has nothing to do with the House Democrats cowardice .
 
I don't know if the Paulson plan was a good plan or nor,It was only 3 pages, 
made him G-d, and gave him bunch of our money.  The newest propsal this a.m. 
is already over 100 pages. 
 
If the House Democrats are so afraid to move because of McCains 
(non-existent) popularity, then he can be blamed for only taking away the 
original Paulson plan.
 
The House Dems have the numbers; just no convictions or courage.  They are 
worse than the lousy big spending Republicans they replaced ...bobford



----- Original Message ----
From: Don Bowen <don.bowen AT earthlink.net>
To: homestead AT lists.ibiblio.org
Sent: Friday, September 26, 2008 7:50:03 AM
Subject: Re: [Homestead] FDIC to Seize WaMu

> WaMu holds our mortgage. Should be interesting to see what
> happens.--Sage

I know many people with dealings with WaMu.  WaMu is big in California.
Home mortgage loans should be the same, no changes.  Lines of credit,
checking account terms, CDs, and the like could see many changes.  One
source mentioned freezing all lines of credit until they are reviewed.
Another source indicated it may as long as two years for the takeover to be
completed.

Who is next?  With McCain's political stunt we will be seeing many more.

Don Bowen  KI6DIU
http://www.braingarage.com/Dons/Travels/journal/Journal.html

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