Hillary Drops Her Economic Package Like It's Hot

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After Baltimore filed its lawsuit against Wells Fargo Bank, Cleveland has taken it up a notch and filed lawsuits against not one but several banks and investment companies that it believe acted irresponsibly in their lending practices.


I hate to sound like a broken record but this mortgage crisis could negatively impact our economy for years to come. To that end, our political representatives and presidential candidates need to figure this out with a quickness.



Democratic presidential candidate Hillary Clinton has unveiled her $100-billion-plus economic stimulus plan. Senator Clinton proposes that Congress act fast with a 90-day moratorium on subprime foreclosures and a rate freeze, $30 billion housing crisis fund, $25 billion in home heating assistance, $10 billion in unemployment insurance and a $40 billion tax rebate for middle-income families.

Looks good on paper, however, where will the money come from considering that Iraq has and will continue to bust the Federal budget and what is the likelihood that she could muster the support needed from Republicans and Democrats to actually pass legislation? Will it be too little too late?

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