Obama wants to makes changes to the $75 billion loser program "Making Home Affordable" that might make things even worse. http://tinyurl.com/yh9agzn
Personally, I am fed up with this administration throwing money away for nothing. As the article states (from the typically liberal New York Times), the changes will likely shift the focus of the program from those who might be able to get back on their feet with a little help, to anyone who can fog a mirror with their breath. It will only prolong the foreclosure crisis by temporarily reducing the number of active foreclosures, which will no doubt be heralded as a major victory by the White House Administration.
We need to remember that the current economic crisis was caused by fifteen or twenty years of government intervention into banking and finance. In the name of votes and ego gratification, that will apparently never go away, unless we vote them out. Thank you Massachusetts!
Comments(4)