2011-04-27housingdoom.com

``"Like all Arizona eighth graders, I took Arizona government. [We won't go into how long ago that was.] I remember having to learn how a bill progressed through the legislature. I don't, however, remember that a bill could proceed like SB 1259 has... After passage of an anti-foreclosure bill, SB 1259 morphed into a "fire district bill". That's right. It wasn't amended or modified, but completely and totally replaced. This was done by the use of a "striker bill"... It turns out that Colonial Bank and Reagan had a settlement conference on the same day that SB 1259 was amended. Three days later, the case was dismissed with prejudice.''



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