Excerpt: The Obama administration
plans to overhaul how it's tackling the foreclosure crisis, in part
by requiring lenders to temporarily slash or eliminate monthly
mortgage payments for many borrowers who are unemployed, senior
officials said Thursday: Click Here
djms: When will
the states get together and do something about this monster! The U.S.
Constitution does NOT give, even a legal president, the power to
order lenders to cut mortgage payments!
Where are these
lenders supposed to make up the loss income from? Obama has waged
war on the private sector. The states need to do something about him
before he totally buries this nation, financially and turns it into
a full blown socialistic communist nation!
Debra J.M. Smith -