Now it is no surprise where my politics lean if you read this site regularly, but I promise you I would cast just as much skepticism if a Republican President acted the same way.
President Obama is coming to Las Vegas for the day and is going to fix the housing crisis. With his sycophantic media in tow, our glorious leader has announced that he found an extra 1.5 billion dollars lying around that he will use to fix the housing problem once and for all.
So all of you poor souls living though a foreclosure or facing on, never fear, your president will make it all go away.
Here is how an honest conversation between our President and a Las Vegas resident would go.
Wait you ask, how will you do that?
I am glad you asked. He will give the money to the local housing bureaucracies to use to staff up and analyze your problems. Then after long and careful consideration they will create a maze of forms and interviews to determine who is going to be helped.
But how will that help me, I could lose my house any day now?
Silly people, it is not there to help the individual, it is there to give hope. Right now in the 5 states that will be getting this money, Arizona, California, Florida, Michigan and your beloved Nevada, I have politicians that dearly need my support. If I do not do something for them soon, they will vote against Cap and Trade and Healthcare reform.
So, sure you may lose your house. But think of it as you taking it on the chin for the greater good. I need those politicians.
So you are telling me this is just a political stunt to curry favor and it will not make a difference to those of us suffering?
Well, I would not say it that way. Instead, it would be better to think of it as a foundation for hope and change. Through optimism this program might change how the nation thinks about the problem and it will all get better. I promise.
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And that folks is all that is going on today. A trillion dollar problem that has a 1.5 billion dollar fix for the media to digest and report. They need something to tell us amidst the bad news.
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. via myway
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{ 3 comments… read them below or add one }
You don't know where that money came from? The printing press! Its the government, they can do whatever they want.
I am pretty sure that Vegas is where they went 15-20 years ago to come up for the idea for Credit Default Swaps and Mortgage Backed Securities, wonder what will be their next big idea? Big Money! Big Money, no Whammmies…..STOP!
Oh thank God for President Obama. I had a loan with Merill Lynch and have been through three Loan Modification Attempts to no avail. Sure he can fix it all… Or just maybe he is in Las Vegas to try a d save his mentor's ass, namely Senator Harry Reid who will lose his Senate Seat by at least
a 39 point margin on November 4th 2010: