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  1. #1
    Sea Torques
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    Well, the cycle continues

    http://www.wtop.com/?nid=111&sid=1836242

    By JIM KUHNHENN
    Associated Press Writer

    WASHINGTON (AP) - Call it the $4 billion boycott.

    By boycotting a key House committee vote last week and threatening to abandon support for banking regulations, members of the Congressional Black Caucus got $4 billion added to legislation to overhaul government oversight of Wall Street.

    House Financial Services Committee Chairman Barney Frank, D-Mass., this week inserted $3 billion to the legislation to provide low-interest loans to unemployed homeowners in danger of foreclosure. He added $1 billion for neighborhood revitalization programs.

    The money would come out of the $700 billion financial rescue fund.

    With 40 members in the House, the Congressional Black Caucus can be a potent force.

    "Since last September, we have continuously voted for bailout and reform for the very institutions that created this devastation, without properly protecting the African-American community or small business," Rep. Maxine Waters, D-Calif., said on the day of the boycott. "That stops today."

    Among the caucus' demands were greater assistance for minority-owned auto dealerships and banks that lend in African-American communities and more government advertising in minority-owned media.
    They never learn, ever.

  2. #2
    Salvage Bans
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    Sylph

    a shame, it has begun again.

  3. #3
    Annihilation Banwave
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    Oh lord. Not again.

  4. #4
    My Little Ixion
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    You know it's bad when the OP is an ignored user.

  5. #5
    Cerberus
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    http://1.bp.blogspot.com/_4AKfwO6zQ3...-chicken11.jpg

    This just in, fried chicken has sky rocketed to $537 a bucket!

  6. #6
    If I screw up again Im gone forever.
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    I saw house capitalized in the first sentence and thought they were boycotting House m.d. D:

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