LaRouche's HBPA Introduced in States Across the U.S.

February 13, 2009 (LPAC)--Lyndon LaRouche's Homeowners and Bank Protection Act has been introduced into a number of new state legislatures and city councils across the country in the past few days. It is the only policy able to deal with the deepest financial disintegration-collapse in centuries, and clear the way for rebuilding the U.S. economy and a new credit agreement among major nations.

* The HBPA was introduced into the West Virginia Senate today as SCR 3. The resolution is being co-sponsored by three committee chairmen.

*In South Carolina today, the House added at least half a dozen co-sponsors to the HBPA as it was circulated for support on the floor of the House. It has been referred to the Committee on Resolutions for further consideration.

* The updated version of the HBPA of 2007 has six sponsors in the South Dakota House and Senate, after a day of organizing by a four-person LaRouche PAC team in Pierre today. It is slated to receive a bill number as a concurrent resolution of both houses on Feb. 13, and will be introduced on the floor early next week.

In 2008, when the legislature was out of session, the LaRouche PAC petition in support of the HPPA was circulated to South Dakota legislators. So, many of them were already familiar with the legislation. Ten legislators and two Tribal Chairman signed the petition at that time.

* The HBPA has also been introduced in the Kentucky House, with two sponsors. The HBPA passed the Kentucky Senate last year. A team of organizers lobbied the legislators today, and there will be more lobbying led by Carol Smith Feb. 13. The HBPA has been assigned to the Banking Committee--a good development. The Kentucky resolution, as well as those in West Virginia and South Carolina, were drafted before the updated version blaming the Pelosi-Frank leadership for insulting the needs and calls of state and city elected officials, was drafted.

The HBPA has also been introduced in the Toledo City Council, and referred to Committee, where there will be hearings.