Obama’s Housing Revamp ‘Weak Attempt’

by Mr Smythe on January 4, 2012

President Obama has announced a program in Las Vegas today, basically a revamp of the Home Affordable Refinance Program. And this new broader refinancing program is taking away some of the roadblocks, or strict requirements. So, what do we say about the overhaul, is this administration finally zeroing in on the housing crisis or is this a weak attempt? Reason’s Anthony Randazzo discusses.

Tagged as: 'Weak, Attempt', Housing, Obama's, Revamp

{ 13 comments }

enjoiwrx January 4, 2012 at 7:07 am: This is the same asshole who was in Jesse Ventura’s Conspiracy Theory show: episode on Wall St. This tool was defending goldman sachs and the employees who worked there and went to work in the highest ranks in government. Fuck this two-face SOB
donsbarkingdogs3 January 4, 2012 at 7:08 am: A weak attempt indeed. May the vote buying commence. We will see a lot of gimmicks as Mr. O tries to buy votes in the next year.
dkoribag1 January 4, 2012 at 8:07 am: Gary Johnson is the best presidential candidate for the american people. He has the most logical and ethical economic solutions for this nation as a whole. I ask that you at least research him, and if you do not, if I did know you, I’d have to ask, why are you voting when you do not have all the facts? Why vote only for your own sake instead of for the sake of our nation . Take some time and read, and see what else is out there? besides what the media tells you
Stevie68000 January 4, 2012 at 9:04 am: Financial Enemy of Greece, Ireland, Italy, Spain, Portugal, & America – Jew

1.Goldman Sachs CEO, Lyold Blankfein -Jew

2.IMF Deputy CEO, John Lisky - Jew

3.Ex IMF CEO, Dominic Strauss -Jew

4.World Bank CEO, Robert Zoellick -Jew

5.Ex World Bank CEO, James Woolfesen -Jew

6.Fed Chairman, Ben Bernanke - Jew

7.Ex Fed Chairman, Alan Greenspan -Jew

8.Obama Treasury Secretary, Timothy Geithner-Jew

9.George Bush Treasury Secretary, Hank Paulson -Jew
aaronpolitical January 4, 2012 at 9:51 am: Yeah, let’s ask a libertarian about a government program! Great idea! I wonder what he’ll say!
mesmokumpeacepipe January 4, 2012 at 10:23 am: @ownerowner100 Obama’s not a slave, he’s a prostitute, if he was a slave he wouldn’t have a choice and he wouldn’t be getting bought and paid
ownerowner100 January 4, 2012 at 10:50 am: Obama banksters slave
paulcoonan January 4, 2012 at 10:59 am: To Obama – “Still waiting…” for that “hope” and “change” you promised. Or did I just misunderstand what I was hoping you would change?
LonasStart January 4, 2012 at 11:54 am: @MicMacGrass1 This is probably the bank’s idea. Supposedly, to remove fraud liability from themselves and place in on the tax payer (Fannie and Freddie are largely owned by taxpayers). If these home owners aren’t able to handle the mortgage after refinancing, the liability is placed on Fannie and Freddie. Meaning the taxpayers pick up the tab if they fail – the banks would have no liability after refinancing.
JonPaulPrime January 4, 2012 at 12:24 pm: Willard Romney confirmed his evilness today by stating “we shouldn’t try to slow down the foreclosure process.” That’s great, Willard. People without health care should be allowed to die, gay soldiers should be booed, and families should have their homes taken away from them. You Republicans care more about profit than people.
ClifSoulo January 4, 2012 at 12:58 pm: @MicMacGrass1 exactly. Throwing folks a bone to hopefully hush em up until he can get elected? nah…need more than that.
MicMacGrass1 January 4, 2012 at 1:15 pm: Gee! I wonder where he FINALLY got this idea from??? OWS Maybe? He seems to be making some attempts to appease what people have been complaining about on Wall St.!
capucchan8 January 4, 2012 at 2:06 pm: Obama is a tool of the banksters anyone who thinks otherwise is delusional