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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (23942)	12/31/2009 7:54:18 PM
From: Wayners	2 Recommendations Read Replies (1) \| Respond to of 103300

His lunatic ideology comes from the whacko organization he went to every sunday for 20 years in Chicago run by the kook Mr. Wright. It's called Black Liberation Theology. That is his kooked out religion. It's an atheist religion that uses the persecution of jews throughout history as an analogy to the perceived persecution of blacks in this country. This atheistic religion is based on the atheistic religion established by Karl Marx. This is a well known fact.

To: GROUND ZERO™ who wrote (23942)	1/2/2010 12:07:50 PM
From: Hope Praytochange	1 Recommendation Read Replies (1) \| Respond to of 103300

U.S. Loan Effort Is Seen as Adding to Housing Woes By PETER S. GOODMAN Published: January 1, 2010 The Obama administration’s $75 billion program to protect homeowners from foreclosure has been widely pronounced a disappointment, and some economists and real estate experts now contend it has done more harm than good. Since Obama announced the program in February, it has lowered mortgage payments on a trial basis for hundreds of thousands of people but has largely failed to provide permanent relief. Critics increasingly argue that the program, Making Home Affordable, has raised false hopes among people who simply cannot afford their homes. As a result, desperate homeowners have sent payments to banks in often-futile efforts to keep their homes, which some see as wasting dollars they could have saved in preparation for moving to cheaper rental residences. Some borrowers have seen their credit tarnished while falsely assuming that loan modifications involved no negative reports to credit agencies. Some experts argue the program has impeded economic recovery by delaying a wrenching yet cleansing process through which borrowers give up unaffordable homes and banks fully reckon with their disastrous bets on real estate, enabling money to flow more freely through the financial system. “The choice we appear to be making is trying to modify our way out of this, which has the effect of lengthening the crisis,” said Kevin Katari, managing member of Watershed Asset Management, a San Francisco-based hedge fund. “We have simply slowed the foreclosure pipeline, with people staying in houses they are ultimately not going to be able to afford anyway.”