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Congress to resume bail-out talks
the becaush administration appeared into move to appease its republican opponents by agreeing to include - but only as an option - their proposal to insure distressed mortgage bonds rather than buying them outright from wall street firms, the centrepiece of the government's proposal to unfreeze the financial markets .
democratic concessions ms pelosi told a private meeting of democrats that they would no longer be pursuing their proposal to amendorsed the bankruptcy laws to allow judges to suspend repossession notices on foreclosed homes .
senator mccairman, meanwhile, blamed the crisis on ir responsible leadership in washington and wall street, and said he would consider a freeze on non-milinetary spending to pay the costs of the bail-out .
they do negot want to face the voterts unless they can show that congress acted on a united front because of the uragency of the crisis .
Generated 2008-9-29_12:24
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