Readers Respond: Remedies for a recovery
In a far-reaching plan that covered everything from foreclosures to new mortgage agreements, President Obama unveiled a “Homeowner Bill of Rights.” Here's the White House's fact sheet. And below are readers' comments.
“Frankly this is not a good faith effort. Obama and his minions know that these efforts will not pass the ‘smell test’ in the House. There is no chance that the House of Representatives will embrace the concept of indemnifying people who made risky investments and lost. It won't happen. What Obama's re-election committee hopes is that they will not embrace the plan, and it then will become a talking point for his campaign. He then will have carte blanche to say that his plan would have worked, but the evil Republicans shot the plan down because they don't care about those poor people in distress.