It was not that long ago - just a few hours in fact - that Arlen Specter proudly told President Obama ‘I’m a loyal Democrat. I support your agenda.’ And so Specter did - all the way up until his first vote as a Democrat. Today Specter cast his first vote in opposition to one of Obama’s top priorities - a measure Democrats favored to make it harder for banks to foreclose on homes:
Centrist Senate Democrats joined with Republicans on Thursday to defeat a measure intended to help struggling homeowners stay in their homes.
By a 45-51 vote, Senators voted against an amendment that would have allowed bankruptcy judges to write down the terms of existing primary home mortgages. The proposal was offered to a bill that would increase the borrowing authority of the Federal Deposit Insurance Corp…
