AFF Launches Phone Calls Urging a Stop to the Mortgage Bailout
By AFF on Jul 1, 2008 in Featured, Press Releases
FOR IMMEDIATE RELEASE: Tuesday, July 1, 2008
Contact: Tim Albrecht (515) 720-5250 or TAlbrecht@AmericanFutureFund.com
Des Moines, IA – The American Future Fund (AFF) today launched tens of thousands of phone calls into Connecticut, urging residents to call on Sen. Christopher Dodd to stop the $300 billion mortgage bailout bill that currently sits in the U.S. Senate (full script below.)
Dodd, who this month came under fire when it was revealed that he saved $75,000 on two mortgages in a sweetheart deal from Countrywide, is tasked with overseeing the mortgage industry as chair of the Senate Banking Committee.
“We are pleased the Senate has stalled on this bill, as more information into Senator Dodd’s mortgages comes to light,” said AFF Communications Director Tim Albrecht. “Passing a massive bailout for subprime lenders, while Dodd is being investigated by the Senate Ethics Committee, is bad public policy.”
The Senate recently broke for its Fourth of July recess without acting on the $300 billion bailout.
“We hope Dodd’s home-state residents will contact him during the break and let him know the bailout is wrong,” said Albrecht. “AFF vehemently opposes any mortgage bailout.”
The script of the call is as follows:
“Hi, this is Bob with the American Future Fund. Senator Chris Dodd was recently in the news because he saved $75,000 on two mortgages in a sweetheart deal from Countrywide. Now, he oversees the mortgage industry in the Senate, and is pushing a bill to give subprime lenders $300 billion in taxpayer money. You heard right – that’s $1,000 for every man, woman and child in Connecticut. Call Chris Dodd at 202-224-3121 and tell him to stop the mortgage bailout. Because you shouldn’t be on the hook because greedy lenders got carried away. For more information call 515-720-5250.”
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© American Future Fund, 2008
