Saturday, January 09, 2010

Nine Months Later, Obama Plan To Help 1.5 Million Struggling Homeowners Yet To Launch


Very hard to get this thing rolling when each time a measure is implemented it can't get into or out of Congress without being stepped on like a street bag of coke from the 80's.

From presidential appointees to Senators and Representatives to final signature, these programs end up with strategic loop holes and weasel clauses that remove all the good it might have held in principle and bears no teeth to make corporate America comply with the original intent of the program... which was to improve the economy, not the financial footing of the housing/banking industry.

It's beyond unfortunate. I believe initially, President Obama had his heart in the right place and now, in the light of a Washington day, he is as surprised and disappointed as any of us with the limited service our system can actuall deliver to the people and for it's own maintenance in these current times.

Of course he is neither blameless for adding to these obsticles or solely to blame.

It just appears, that in the wake of the callousness of the last few administrations, the greed of Wall St. and industry, the incompetence and self serving nature of Congress, the subordinate approach to corporate America shown by his appointees and his own unwillingness to stand in opposition to those same people and forces...there is little less than a clean slate either with or without President Obama that will solve our current social and econimic problems and put America back on track.
Read the Article at HuffingtonPost

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