Saturday, May 2, 2009

NEBRASKA SENATOR BEN NELSON SELLS OUT HIS CONSTITUENTS AGAIN — THIS TIME TO THE AMERICAN BANKERS ASSOCIATION

Yesterday, Senator Dick Durbin introduced an amendment to save 1,700,000 homeowners from foreclosure by rolling back bankruptcy laws 30 years to allow judges once again to rewrite mortgages, allowing homeowners to stay in their homes, their neighbors to keep their property values, and banks to still get their money.

For: Unions, civil rights and consumer protection groups, and the AARP.
Against: American Bankers Association, Mortgage Bankers Association and a dozen democratic senators, who killed the amendment.

One was Ben Nelson, who received 1.4 million in campaign contributions from banks and real estate interests. Nebraskans will lose an estimated 3700 homes due to foreclosure.

Tell Nelson what you think of what he did here.
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