February 10, 2008 (LPAC)-- Misleadership Nancy Pelosi told CNNs Wolf Blitzer today that the House of Representatives had absolutely no intention of introducing Hillary Clinton's call for a moratorium on home foreclosures and a five-year freeze on resets of adjustable mortgages. Blitzer played a tape of Hillary presenting her proposal and asked Pelosi if she would take it up in the House. No way, said Pelosi, the "overripe" housewife, who Lyndon LaRouche says should resign from leadership.
Here are quotes from the Feb. 10 CNN show, Late Edition: ( BEGIN VIDEO CLIP)
SEN. HILLARY RODHAM CLINTON, D-N.Y.: I want a moratorium on foreclosures, for 90 days, so we can try to work out keeping people in their homes, instead of having them lose their homes. And I want to freeze interest rates for five years.
(END VIDEO CLIP)
BLITZER: Is that something you want to take up, her proposal, in the House of Representatives?
PELOSI: Well, we have passed about five or six pieces of legislation to address this subprime crisis. We are led by, in the House, on our side, by Chairman Barney Frank of the Financial Services Committee. He's working with the administration on what we need to accomplish.... We have set our course on this, under Barney's leadership.
Asked if Hillary's ideas were good, Pelosi said they may be, but that she would only consider them if they were presented to the Senate and then sent over to the House.
