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Obama criticizes Bush's slow handling of housing crisis

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Amerigo Vespucci Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-07-08 08:23 PM
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Obama criticizes Bush's slow handling of housing crisis
Source: The Miami Herald

WASHINGTON -- Criticizing the White House directly for the first time since November's election, President-elect Barack Obama on Sunday accused President Bush of not doing enough to stem the nation's home foreclosure crisis.

Obama vowed that it if the Bush administration doesn't take sufficient steps to help reduce foreclosures in its remaining days in office, he would take action shortly after being sworn in as the nation's 44th president on Jan. 20, 2009.

"I'm disappointed that we have not seen quicker movement on this issue by the administration," Obama told Tom Brokaw on NBC's "Meet the Press." "We have said publicly and privately that we want to see a package that helps homeowners, not just because it's good for that particular homeowner, it's good for the community."

"We have not seen the kind of aggressive steps in the housing market to stem foreclosures that I would like to see," he said, adding that his transition team has had discussions on the subject with the White House. "If it is not done during the transition, it will be done by me."

Read more: http://www.miamiherald.com/news/politics/AP/story/803420.html
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NOW tense Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-07-08 08:55 PM
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1. BIg Mistake
They will use it against him when they ask congress for the second hand out of money. All money will be gone before Obama gets to make a decision.
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dothemath Donating Member (221 posts) Send PM | Profile | Ignore Sun Dec-07-08 09:22 PM
Response to Reply #1
3. a little knowledge .................
Puhleeeeze. There is no money. There is only debt. For another trillion dollars or so, increase the national debt a trillion dollars or so. Your children, grandchildren and probably great-grandchildren will have the privelege of paying it off.

Thank you, politicians of every stripe for generations for this 'gift'.

Does anyone wonder why Jesus threw the 'money-changers' out of the temple?
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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-07-08 09:17 PM
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2. Good Move...expose the Bushies one last time...W has been at his worst
in these harsh times...he has done nothing cept mouth a few meaningless words
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