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The Obama administration apparently has no plans to introduce another large-scale program for...

  • Tuesday, July 19, 2011, 2:18 PM ET
    The Obama administration apparently has no plans to introduce another large-scale program for relieving the troubled housing market, despite Obama's admission that efforts to help struggling homeowners was insufficient. The money, political will - and new ideas - to push through any meaningful legislation is tapped out.
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This news story has 4 comments:

  • There's been enough done already, let the vulture funds come in and clear the backlog so we can get this mess behind us. If the intent was to create a softer landing, that's been done. Punish the predator lenders and let's move on.
    19 Jul 2011, 02:34 PM Reply Like
  • Hallelujiah
    19 Jul 2011, 02:42 PM Reply Like
  • The interests of the banks will be defended at all costs by the politicians who receive their campaign funding and lobby money from them.

    Politicians in the U.S.A. do not represent the people, they represent their own interests and those who have bought them.

    When 2% of the government cares about the citizen and their rights you have a corporate dictatorship with a bloated government that does its bidding.

    The klepto-oligarchy is alive and well.
    19 Jul 2011, 02:44 PM Reply Like
  • Adding Fuel to the fire does not extinguish it! pumping money into programs wont help people who couldnt afford the homes they were buying, if new programs are put in place, they will just prolong the current situation rather than let it settle naturally.
    19 Jul 2011, 03:16 PM Reply Like
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