Make no mistake: the ATROCITY is that this bill EVEN MOVED THROUGH the insanely corrupt so-called "Democratic" HOUSE in the first place! NANCY PELOSI, the DING-BAT insanely corrupt millionaire heiress Speaker of the House, wields virtually DICTATORIAL CONTROL over that body, this ATROCITY of a bill could not have been passed, without HER ACTIVE SUPPORT, her active, insanely corrupt complicity and COLLUSION!
update: According to this minute's HuffPost 'refresh' headlines, Obama will NOT sign the above mentioned "Free Pass for Fraudulent Foreclosures" bill - but NOT signing an awful bill, is FAR from PROTECTING America's MILLIONS of HOMEOWNERS (including neighbors whose home values sink when a fraudulent foreclosure is pushed through, depressing home prices area-wide) who in 2008 voted overwhelmingly for "change"!
Obama Will Not Sign Bill Seen As Cover For Bank Foreclosuresalso at BusinessInsider.com - http://www.businessinsider.com/bank-foreclosure-bill-leahy-2010-10
Arthur Delaney, HuffingtonPost.com 7 Oct. 2010 1:35 PM
http://www.huffingtonpost.com/2010/10/07/obama-pocket-veto-foreclosures_n_753987.html
UPDATE: "ABC News has learned that President Obama will not sign - or 'pocket veto' -- a bill that sailed through Congress that consumer groups warn would make it easier for banks to foreclose on homeowners." More details...
Someone needs to explain to "the great law student" and "Constitutional law professor" Obama that merely delaying the Big Banksters' & mega-financial swindlers (Goddamn-Sachs, JP Morgan-Chase, Citi, BoA, etc.) from their JIHAD of WEALTH EXTORTION at American citizen, taxpayer, workers', and homeowners' expense for a few moments, is NOT in-and-of-itself "LEADERSHIP" - not only must you impede the beast, by you must CONFRONT it, SLAY it, and in our ever political world, DEMAND CREDIT for SAVING people from the foreclosures, evictions, and economy-gutting LOAN-SHARK Goddamn-Sachs WOLVES at the door!
Truthout.com has a good graphic (cartoon) of exactly that kind of fight - "Obama confronts the Congress-Corporate borg" - one the "Change" president should embrace - http://www.truth-out.org/obama-confronts-corporation63875 )
Bob Herbert seconds our contention, that this ATROCITY of a "free pass for BANKER's FRAUD" (fraudulent foreclosures) bill has NANCY PELOSI's STAMP OF INCOMPETENCE written all over it - and, even worse, is indicative of TITANIC CORRUPTION in the so-called "Democratic" Congress overseen by the San Francisco millionaire heiress:
"The U.S. is in terrible shape right now because far too much influence has been ceded to the financial and corporate elites who have used that influence to game the system and reap rewards that are almost unimaginable. Ordinary working Americans have been left far behind, gasping and on their knees. John Boehner has been one of the leaders of the army of enablers responsible for this abominable state of affairs."
Notice how Mr. Herbert, the "token Black columnist" for the Neo-Con (Arthur Sulzberger owned) New York Times, drops into the PASSIVE VOICE that is the hallmark of the Neo-Con Times (and Neo-Con Washington Post's) very Neo-Con propaganda 'reporting' style - Herbert doesn't EXPLICITLY say JUST WHO it is that has "CEDED... FAR TOO MUCH INFLUENCE...to the financial and corporate elites," but we KNOW who has - it is the elected members of our government who have the Constitutionally granted supreme powers in the land, the Congress, Senate, and presidency.
Ironically, Herbert starts his column with a "sleazy" poke at Speaker Pelosi's Republican (currently Minority Leader) opponent:
"It’s beyond astonishing to me that John Boehner has
a real chance to be speaker of the House of Representatives. I’ve always thought of Mr. Boehner as one of the especially sleazy figures in a capital seething with sleaze."
DISSECTING Herbert's analysis, however, reveals the appalling truth: short of having Machine-Gun armed Gestapo guards pull up to American homeowners' homes, siezing those homeowners and hauling them off to prison gulags, Speaker Pelosi could HARDLY do a BETTER JOB of KOW-TOWING to "Sleazy" Boehner's corporate & Big Fianance, homeowner extorting campaign donors, than Speaker Pelosi HAS BEEN DOING for the PAST FOUR YEARS!!
Indeed, Mr. Herbert says as much - "Both major parties have, with great enthusiasm, turned more and more of the government over to corporate and banking interests. But the G.O.P., with Mr. Boehner currently the point person, is fanatical about it, has barely tried to hide its willingness to offer up the government wholesale, no questions asked" - he just fails to CONNECT-the-DOTS that THIS particular financial atrocity bill (free pass for FRAUDULENT bank instigated foreclosures) is SPEAKER PELOSI's own claim to be AS SLEAZY, AS FANATICAL, and AS SLAVISH to big banker EXTORTION of American families, as Boehner and his "sleazy" Republicans are!!!
That’s Where the Money Is
By Bob Herbert
October 5, 2010
http://www.nytimes.com/2010/10/05/opinion/05herbert.html
It’s beyond astonishing to me that John Boehner has a real chance to be speaker of the House of Representatives. I’ve always thought of Mr. Boehner as one of the especially sleazy figures in a capital seething with sleaze...
...The U.S. is in terrible shape right now because far too much influence has been ceded to the financial and corporate elites who have used that influence to game the system and reap rewards that are almost unimaginable. Ordinary working Americans have been left far behind, gasping and on their knees. John Boehner has been one of the leaders of the army of enablers responsible for this abominable state of affairs... (cont'd)