Democracy Now transcript of interview

AMY GOODMAN: You were told that Barack Obama did not want this in the bill?

REP. DENNIS KUCINICH: That he didn’t want the bankruptcy provisions in the bill. Now, you know, that’s what we were told. And I don’t understand why he would say that, if he did say that. And I think that there is a—the fact that we didn’t put bankruptcy provisions in, that actually we removed any hope for judges to do any loan modifications or any forbearance. There’s no moratorium on mortgage foreclosures in here. So, who’s getting—who’s really getting helped by this bill? This is a bailout, pure and simple, of Wall Street interests who have been involved in speculation. ”

I guess it wasn’t something that was helpful to…Obama.

I guess the idea was for Acorn to trickle down on the homeoners

Foreclosures were not even considered in the bailout

Update October 11

It seems he already flip-flopped on this

Presidential candidate Sen. Barack Obama has unveiled his proposal to change bankruptcy laws. And his plan includes doing something Congress declined to do earlier this year: allow bankruptcy courts to renegotiate the terms of mortgages.