New Orleans Even though many economists are forcefully arguing that we cannot get out of this recession unless we finally realistically and aggressively address the home mortgage and foreclosure crises, President Obama through executive fiat continued down the same path that has been such an abysmal failure thus far. The program the President announced would …
Tag: hud
Doubtful Help for Unemployed Foreclosure Victims
New Orleans Secretary Shaun Donovan and President Obama made yet another HUD announcement of another faux “program” to help foreclosure victims, which once again will not work and plays yet more patty cake with banks and their loan servicers. These charades have become something like a marker of seasons passing as we record yet more …
Second Circuit Tries Hoisting ACORN on Its Own Petard
Laramie I may be stuck in Laramie, but I adapt and make the best of it, which is what organizers do by nature and training. I spent a couple of hours at Coal Creek Coffee downtown in no small part because generally coffee in Wyoming sucks, despite the greatness of the state, and because the …