Friday, June 3, 2011

How Failed Obama Foreclosure Relief Plan Contributes To Jobs Crisis [UPDATE]

Link: http://www.huffingtonpost.com/2011/06/03/obama-failed-foreclosure-relief-plan-jobs-crisis_n_870928.html?igoogle=1 (sent via Shareaholic)

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Rep. Dennis Cardoza (D-Calif.) said Obama’s approach to the foreclosure crisis has been "an absolute failure" and predicted it
will continue to drag down the economy unless he changes tack.

"For the life of me, I can't figure out why a community organizer who says he cares about families, who says he cares about communities, has just turned his back on one of the biggest problems in America,” said Cardoza, who co-chairs the Democratic Caucus Housing Stabilization Task Force. "The way they get defensive when you point out it's been a failure just underscores to me they don't have a clue about what to do."

Posted via email from Brian's posterous

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