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Tag: mortgage bailout

Colorado delegation split on Wall Street bailout

Like Congress as a whole, the Colorado delegation is divided on how best to right the nation’s shaky economy. But as Republicans and Democrats in Washington, D.C., belittled the Bush Administration’s $700 million bailout package Thursday as a request for a “blank check” from taxpayers, and bickered with each other about “core agreements” of an alternative to the Bush Administration’s economic bailout proposal, Colorado lawmakers took opposing stances on whether the government should intervene at all.

Transparency group posts Wall Street crisis plans for public review

The good folks at PublicMarkup.org have placed the competing $700 billion mortgage bailout plans online to allow the public to read and comment on them while Congress considers its options in the midst of the greed-fueled nosedive of Wall Street.