Do it for them. Do it for people who are really scared right now through no fault of their own, who've played by the rules, who've done all the right things, and have suddenly found out that because of an accident, because of an ailment, they're about to lose their house;
http://www.nytimes.com/2010/03/20/health/policy/20text-obama.html
Do IT for them, in context, is not even about housing. He's talking about the health care bill.
Fail.
These are comments by someone else, not Obama. Some law firm blogger.
Fail.
Obama Wants to Jump in on the Real Estate Crisis. Which Way should He Jump? | San Francisco real estate insight, statistics, gossip, and news with a twist and some flavor - theFrontSteps
Sundays Chron outlines the issues Obama will draw from in taking action:
Unlike his opponent, Sen. John McCain, he did not urge the government to buy up bad home loans and reduce them to the homes new values, putting taxpayers on the hook for the difference. But some of Obamas proposed $10 billion fund would help homeowners who are facing foreclosure through no fault of their own by letting them refinance mortgages through the Federal Housing Administration, Fannie Mae or Freddie Mac.
The phrase "no fault of their own" as quoted here is quoting a another columnist. Not Obama.
Fail.
Obama Administration Doing A "Heckuva Job" On Foreclosure Crisis - TalkLeft: The Politics Of Crime
Obama direct quote:
The biggest challenge is how do you make sure that you are helping those who really deserve help and if they get some temporary help can get back on their feet, make their payments and move forward and stay in their home, versus either people who are speculators, own second homes that they really couldnt afford because theyd gotten a subprime loan, and people who through no fault of their own just cant afford their house anymore because of the change in housing values or their incomes dont support it.And were always trying to find that sweet spot to use as much of the money that we have available to us to help those who can be helped, without wasting that money on folks who dont deserve help. And thats a tough balance to strike.
As close as you come, but you have to put it in context. He's saying people have lost their jobs and can't afford the payments, not that they took on more house initially than they could afford.
He goes on to say that its a tough balancing act between helping those who deserve it versus those who just don't want to pay, or never could.
I am not going to just say "fail" here, because it is a quote from him. But in context, it is not saying what you purport he said. In substance, complete fail.
Funny how LG has run away from this thread since Droski started posting Obama's quotes that LG wasn't able to find.
Sorry, was busy with something.
Still waiting for this glib remark which, in context, supports droski's implication that people bought too much house they could never afford (and maybe did not plan to) and that we are going to soak the rich to take care of the bill.
The problem with all of this, of course, and apart from the suffering of any given individual family, is that doing nothing exacerbates the housing crisis and puts more loss on the banks.
You don't think we end up paying for that some other way, anyway?
If so, you are deluding yourselves.
