AP
Obama takes on Foreclosures in select swing states
President Barack Obama is unveiling $1.5 billion in housing help,a boost timed to his appearance in the city with the worst foreclosure crisis in the nation.
Obama’s move,detailed by aides in advance of his town hall here Friday,is the latest by a White House determined to show it is helping families rebound from a deep recession. The downturn is taking an election-year toll on Obama’s party as voter frustration builds.
Obama was to announce that housing finance agencies in the five hardest-hit states in the housing crisis will receive $1.5 billion to help spur local solutions to the problem. Those five are Arizona,California,Florida,Michigan and Nevada.
The policy wrinkle comes during a two-day Western trip with different agendas for the president. He will be back in town-hall mode,a venue that aides say allows him to connect with people and distance himself from the messy process of Washington governing.
The president is also out to help vulnerable senators protect their seats and,in turn,gain as much legislative leverage as he can.
Corruption totally out in the open now. And our government thinks we are too stupid to figure it out. Someone please save us! We are living Atlas Shrugged.
[...] Obama’s Selective $1.5 Billion Housing Bailout February 19,2010 —budsimmons Obama’s Selective $1.5 Billion Housing Bailout [...]
[...] Go here to read the rest:Obama’s Selective $1.5 Billion Housing Bailout –(Expose Obama) [...]
Buying votes!! The good old Chicago Thugs way (and with our money). obama you are the lowest of the LOW !!! Atlas Shrugged all over again.
I hope he "helps"Harry Reid just like he "helped"the last 3 losers in VA,NJ and MA. He's just redistributing my grandchildren's wealth again.
He is using our money to buy votes. Plain and simple.
Hope more people stand up to "OOO"until he flat out QUITS/ resigns OUT OF THERE PERIOD.
http://www.impeachobamacampaign.com/
Yedda:RE:Assessing the President…
richard answered:re:Tell us how you think President Barack Obama has handled the economic crisis so far. What’s he done right? And what’s he gotten wrong?…
How ironic. The five states to receive help are five states in which the Democratic candidate for Senator is trailing. We used to call this vote buying.
The $1.5B is from funds approriated for another purpose. It needs to go back to the Treasury to reduce the debt. Or the Congress has to approve it's "new"use. Obama is guilty of misapproriation otherwise.
Obama has sold out Israel,back in June 2010 when turned his back on Netanyahu to bully him into giving away the covenant land. The Israeli PM refused of course. And that was the beginning of Obama's collapse in the polls. God will take care of Obama and the Dems but we need to offer aid and comfort to the Israelis.
Cole Hampton you are so right in everything you have said .We need to support Isreal even when obama finishes denying them anything God says he will Bless those who Blesses Israel and will curse those who curses them Joel 3:2 tells what will happen to those who Parts GODS LAND so obama is in very deep deep if he continues on his route he is in trouble with God
Haha I think its a little too late for that…You think any of these people are right with God? Its sad,but they know what they are doing..
It's like watching a train wreck…you can't help it. HOPEFULLY the responsible mortgage holders,who didn't use groups like ACORN to help extort banks into making unaffordable mortgages for the parasite class.,can see through this ruse. I've seen responsible people,lose long term employment,and their homes despite Comrade Obama's promises,but the extorted loans to people who had no business holding a mortgage are freely feeding at the freebie trough…disgusting.
Announcing March on Washington to Demand Obama's Resignation
http://www.wnd.com/index.php?fa=PAGE.view&pag…
Haven't we given money for this already? Obama needs to go! He is using all this stimulus for a slush fund. Something really stinks here!