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Obama won't sign the bill

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Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 01:05 PM
Original message
Obama won't sign the bill
Edited on Thu Oct-07-10 01:10 PM by Bozita
Breaking on Huffpo. It's the headline.

http://www.huffingtonpost.com/


Arthur Delaney
arthur@huffingtonpost.com | HuffPost Reporting Become a Fan Get Email Alerts from this Reporter
Obama Will Not Sign Bill Seen As Cover For Bank Foreclosures
First Posted: 10- 7-10 10:37 AM | Updated: 10- 7-10 01:48 PM

UPDATE: The White House announced Thursday afternoon that President Obama would not sign a bill that some consumer advocates worried would make it more difficult for homeowners to fight fraudulent foreclosures.

The White House noted that the bill was designed to ease restrictions on interstate commerce. "While we share this goal, we believe it is necessary to have further deliberations about the intended and unintended impact of this bill on consumer protections, including those for mortgages, before this bill can be finalized.
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itsrobert Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 01:07 PM
Response to Original message
1. The big question is he going to use the VETO?
Doesn't it becomce law after a certain number of days?
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dionysus Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 01:09 PM
Response to Reply #1
2. no. not signing it is called a "pocket veto"
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itsrobert Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 01:18 PM
Response to Reply #2
8. Good news. I stand corrected
civics was a long time ago.
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Recursion Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 01:24 PM
Response to Reply #2
9. Unless Congress stays in session
In which case it's a "pocket sign"
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gateley Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 01:09 PM
Response to Original message
3. I was just reading over this post - and how many here ASSUMED Obama would
be stealthily signing it.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x4566941

Can't you wait until he actually DOES something you don't like before condemning him on what he MIGHT do? It's only fair.
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Waiting For Everyman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 01:14 PM
Response to Reply #3
4. Not much assuming there, mostly venting at Congress
especially the Senate. Righly so - they did it.

No need to stir up a storm.

Obama did great!
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villager Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 01:26 PM
Response to Reply #4
10. Since he won't veto it, let's hope it doesn't become law via not being signed
n/t
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Ineeda Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 01:44 PM
Response to Reply #4
11. No, that linked thread is packed with
tons of misinformation regarding pocket vetoes and "yet another Obama betrayal" crapola.
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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 01:18 PM
Response to Reply #3
7. My TeaBaggy cousins are like that...
Obama WANTS to... Obama INTENDS on... Obama is going to...

"He's radical, donchano." "How so?" I ask.

Obama WANTS to... Obama INTENDS on... Obama is going to...
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bluestateguy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 01:16 PM
Response to Original message
5. "but, but, he's only for the big banks and his corporate masters!!!!"
--Whiner.
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Bluebear Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 01:17 PM
Response to Reply #5
6. /ignore at long last.
Dreadful.
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intaglio Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 03:29 PM
Response to Original message
12. Has it ever occurred to anyone that the President prefers
to ask for reconsideration (at least one of the sponsors has agreed to that) to provide foreclosure protection but still give improved interstate trade. If it comes out again unamended then he can veto it.
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