To: koan who wrote (181289 ) 11/29/2009 4:48:55 PM From: tejek Read Replies (1) | Respond to >He's doing it exactly the way he said he would do it during the campaign. Why is that suddenly not good enough? "Under the Obama-Biden plan, a residual force will remain in Iraq and in the region to conduct targeted counter-terrorism missions against al Qaeda in Iraq and to protect American diplomatic and civilian personnel. They will not build permanent bases in Iraq, but will continue efforts to train and support the Iraqi security forces as long as Iraqi leaders move toward political reconciliation and away from sectarianism." barackobama.com >I am not sure what you mean by "running it through the middle class" but what more do liberals think he should have done with the banks? After all, under Obama, the gov't took an equity position in the banks the feds helped and the feds stand to reap billions of dollars if and when those shares improve in value which many have already done so.>> Stiglitz, Krugman, Volker, Spitzer, Warren and others feel he should have given the money to the banks by supporting peoples loans and mortgages. That way the banks still get their money and the middle class still keeps their houses e.g. allow anyone to refinance up to 125% of loan to equity with new low interest rates. Refinance 1st and seconds. He not only did none of that he let the banks do what they want. And loaning money to suspect home owners is the last thng they want to do. Right now the feds have said veterans can refinance 100% and Wells Fargo says, no we will only refinace 85%. The banks are thumbing their noses at Obama. I am in the business Obama did nothing and I was and am shocked. The help with foreclosurs is coming from the fed lowering intterest rates. Banks have actually made it harder to get loans and refinance.
