What we stand for:

The Connecticut for Lieberman Party (CFL) rejects the fraud perpetrated on the members of this party and the citizens of Connecticut by Joe Lieberman when he used the creation of this party to get on the general election ballot in 2006. The CFL is an independent, anti-war, anti-corruption, pro-fiscal responsibility, pro-democracy party, that stands for individual liberties and real problem-solving in government. The CFL wants everyone to know that in the United States of America, voters are free to join any party they wish, and participate in the democratic process according to the laws of Connecticut and the United States.

Wednesday, April 2, 2008

CFL Position on Housing Bill

At this moment Senator Dodd is working on a compromise with Republicans on a plan to deal with the housing crisis that has resulted from the sub-prime debacle. Republicans oppose a portion of the bill that would enable bankruptcy judges to cut interest rates on troubled subprime mortgages written in recent years. Judges are currently prohibited from doing so for a person's principal residence. President Bush and other Republicans argue that giving judges this power would prompt lenders to tighten their standards and raise interest rates. (The above is paraphrased from a Washington Post article by Lori Montgomery.)

The CFL would like to urge Senator Dodd to work towards a compromise that would grant judges this power on a temporary basis, perhaps for one year. This would accomplish the goal of allowing judges to help alleviate the current foreclosure crisis, and should remove the fears of the long term effects the GOP are using to argue against it.

(Posted by your chair, with approval from the State Central Committee.)