I have heard so many convoluted arguments today about this legislation from the opposite side of the aisle. My colleague from California, my friend and someone I highly respect, knows that he does not have to wish what an amendment would say. If he is interested in an amendment, he can offer it. My colleague from California did not offer the amendment that he has just alluded to, and he did not suggest when we were in committee that somehow he would like to have an alternative. So I find it rather curious that he would come to the floor and start wishing what my amendment would say. Secondly, I want to straighten out something. My colleague from California keeps talking about how this bill does not stop any foreclosures. The NSP legislation was not intended to stop foreclosures. It was intended to do exactly what the name implies, which is to stabilize communities by taking these boarded up and abandoned properties, rehabbing them or tearing them down so that they discontinue the devaluing of the properties of those homeowners who are trying to keep their properties up and stay in the community. {time} 1650 If he, in fact, was concerned about helping homeowners, he would have supported the FHA refi programs. That program, he voted against. The FHA refi program was basically a program for middle class people who paid their bills on time, but who simply knew that their homes were underwater.…
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