Almost one year ago to the day, Barack Obama sent a letter (below) to Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson urging them to convene a homeownership preservation summit. Today, Clinton is proposing essentially the same thing.
One key difference, however, is the diversity and representation that Obama called for – not just some of the same people who helped to create these problems or have a direct financial industry stake in the outcome: “I urge you immediately to convene a homeownership preservation summit with leading mortgage lenders, investors, loan servicing organizations, consumer advocates, federal regulators and housing-related agencies to assess options for private sector responses to the challenge.”
If you click the link you can read the letter in its entirety.
Hillary's desperation is becoming a huge embarrassment to the Democratic party.
The things some will do for power and control.
ReplyDelete( she also is proposing Protection for the Banks....ahem...not the homowners who got sheistered..)
ReplyDelete