CNSNews.com - Pence Calls on Conservatives to Oppose Bailout That ‘Nationalizes’ Bad Mortgages

(CNSNews.com) - Rep. Mike Pence (R-Ind.) is calling on conservatives to oppose the $700 billion financial industry bailout negotiated over the weekend because he believes it will permanently change the relationship between the government and the financial sector while giving the government the power to “nationalize almost every bad mortgage” in the country.
 
The $700-billion deal negotiated by the Bush Administration and...