Saturday, February 20, 2010
Obama promises $1.5 billion for home owners.
President Barack Obama Friday unveiled a 1.5 billion dollar package of measures aimed at helping victims of the US housing crisis, in Nevada, where the collapse hit particularly hard. "This fund's going to help out-of-work home owners prevent preventable foreclosures," Obama said, adding that the program would also help threatened homeowners pay their mortgages. The plan will include help for borrowers who now owe more than their home is worth after real estate prices collapsed, and will also aid those who took out second mortgages in a desperate bid to keep their houses...Link
Bob Barr jeered at CPAC.
Republican congressman-turned-Libertarian Bob Barr got a chorus of jeers at the CPAC conference Friday when he declared that waterboarding is torture. Debating the issue of whether terrorist suspects should be read Miranda rights and should have access to civilian courts, Barr argued that politicians are being allowed "to have their cake and eat it too" by choosing whether to place defendants in civilian courts or military tribunals. Barr said the Antiterrorism and Effective Death Penalty Act of 1996 provided the framework for how to deal with terrorist suspects, and said government officials should stick to that law...Link
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