Thursday, September 25, 2008

Hillary's solution

I urge everyone to read Hillary Clinton's call for a revived version of HOLC. The title tells the story: Let's Keep People In Their Homes Didn't Obama recently say that the bailout plan may have to do without home loan renegotiation?

6 comments:

Anonymous said...

Yes, her ideas are excellent. Her article could be read with "A Bailout We Don't Need" by Galbraith in the Washington Post. More good points.

djmm

Anonymous said...

That is exactly what he said. NOT READ TO LEAD

Did you see him in the White House today? Deer in the headlights.

bert in Ohio

Mike J. said...

I agree totally, Bert. He said something to the effect that Bush needs to bring the Republicans on board. Whatever happened to Obama's vaunted skill at "bringing people together"?

All politicians craft a public persona for themselves that is to some degree at odds with reality, but that gap has never been wider than in Obama's case. I half hope he wins the election, just to witness the inevitable disillusionment.

Anonymous said...

mike j - it's just like how he expects Hillary to bring her voters on board. He doesn't have to do anything! He's the lightbringer, doncha know?

Anonymous said...

I don't know why people have to live in those Tent Cities ....Aren't all those concentration camps that Haliburton built just sitting around vacant?

Anonymous said...

No, Obama did not say homeowners would simply have to go without.

He did say that, if the bailout were passed as Paulson presented it, homeowners at risk for foreclosure would be ignored. He also said, if that original plan passed, it would be virtually impossible to move forward with his economic plans for numbers of things, including relief for homeowners (and healthcare and alternative energy and infrastructure rebuild, etc.). Importantly, in addition he has asserted that any final plan must include coverage for these at risk mortgages.

On the other hand, McCain is saying in the debate that he thinks we should have a freeze on spending except for defense and vet support.

Now, aside from the absurdity of a spending freeze, either in the abstract or the concrete, for McCain of all people to make any chest-thumping noises about vet support is just flatly disgusting. The man has not only failed to support vets for years, even before Iraq, but the Gulf War vets with mysterious symptoms, and most bizarrely, he has rigidly and aggressively resisted investigations into the POWs and MIAs left in Nam and Cambodia.

Not to switch the subject, but that one really irks me.

But it's also irksome for anyone's words to get twisted to support a preconceived notion about someone. Neither party has the monopoly on smear tactics, but wherever you find it, it's unhealthy.

Disagree on the principles, but do get the facts straight.