Skip to content

Obama does little helping distressed Americans losing their Homes…

July 29, 2009


Obama caves-in under pressure from Bank Lobbyists

“A deal struck this past Tuesday between Treasury Secretary Timothy Geithner and more than two dozen mortgage companies. The two sides agreed to set the goal of adjusting 500,000 loans by Nov. 1.

But it was far from clear whether that would happen.

Loan servicers say they are still trying to play catch up to a deluge of customer requests by hiring and training thousands of new employees. Banks also are trying to sort through which customers face a legitimate financial hardship.

Also, many loans have been bundled and sold to investors as securities, complicating efforts to modify the terms.Congress tried earlier this spring to pass legislation that would give people a chance to keep their homes by filing for bankruptcy.

while President Barack Obama said he supported the measure, he did little to see it through

and it was defeated amid an aggressive lobbying effort by banks.The measure failed in the Senate by a 45-51 vote, falling 15 votes short of the 60 needed to overcome procedural hurdles”.

Isn’t Obama’s failure to see legislation through that would essentially HELP struggling homeowners keep their homes becoming problematic with every program he claims to support for Americans? Who is his allegiance to; Americans or Bank Cororporations


Just today, it was reported GM is sending their auto manufacturing jobs overseas to Brazil. There goes the jobs Obama promised that could have helped Americans…

General Motors announces $1 billion plan to build more vehicles in Brazil

“General Motors is spending more money where it helps GM; NOT Americans.”

The Latin American market has been generous to the struggling automaker despite struggles at home. Today, GM announced a $1 billion plan to expand its vehicle lineup in Brazil.

“We believe the Brazilian market will be very strong, will continue to grow at a rate of at least 5 percent a year and we also believe in the prospects for exports of the new models,” Jaime Ardila, GM’s chief executive for Brazil and the Mercosur region of South America, said in a statement.

Ardila added that GM showed record profits in Brazil in 2008 despite an global economic slowdown.

Reuters reports that GM will build two new compact models and expand operations at its Gravitai factory in the southern state of Rio Grande do Sul. The two new compacts could also be exported to African countries and other places, boosting GM’s presence elsewhere.

The $1 billion investment is part of a larger spending plan across Brazil, Argentina, Uruguay and Paraguay that began in 2007.

Story and Link

Michelle Malkin speaks Truth to Power in her new book. Condemns Michelle Obama as a racist as well.  I happen to wholeheartedly agree with her assessment of 2 people that should never have been living in  “our”  White House to begin with.  They didn’t Win it… They nicked it!!  ( British  colloquialism for STOLE/stolen )

  1. July 29, 2009 8:32 pm

    Remember the Hillary Rule. Any photo or image that you would find offensive if it pictured Hillary Clinton, should be the measuring stick used when posting pictures of Barack Obama.

    It’s going to look really stupid if Hillary is ever elected president and the very same people who posted pictures of Barack Obama doing dumb things then go ballistic if the same thing is done with Hillary Clinton.

  2. July 29, 2009 11:21 pm

    Well,that would be fine if all things were equal. But the people you speak of have been ridiculing Hillary doing this to us for the last 20 yrs..

    Don’t believe me? Go to Google and type in Hillary Clinton and see what comes up.

  3. July 29, 2009 11:45 pm

    It is ok to have more class than the other person.

  4. July 30, 2009 9:06 am

    Taking a stand with a nuanced argument such as “class” is about as useful as saying I don’t like the color “blue” so bite me.

    Try again-

  5. PamelaofthePoconos permalink
    July 30, 2009 12:45 pm

    Local TV (brctv) reported yesterday that the housing market for Pike County Pennsylvania would not recover any time soon. Support for that statement, was based upon Pike County having scheduled sheriff sales which currently extend to February 2010.

  6. July 30, 2009 5:31 pm

    Everything that is happening to our economy is because Obama is giving OUR money to the Banks and the banks are not releasing OUR money back to the home owners.

    When Obama refused to regulate Credit Card Interest rates allowing people to pay off their debt in a timely fashion… the blame rests squarely with Obama. He did nothing then and is doing nothing now to help people.

    When they restructured the BK Laws and Credit Card Rates companys could charge above and beyond usury laws; Obama suggested NO Interest CAPS for banks charging interest. Edwards suggested capping their rates at 28%-30%

    I haven’t forgotten during one of the final debates John Edwards pointing out the audacity of Obama’s lack of protecting the people from aggressive banking practices before he dropped out of the race. Apparently, some people have selective amnesia.

  7. Tabula rasta permalink
    August 3, 2009 2:06 am


    put a note on your refrigerator if you have memory issues!

  8. August 3, 2009 3:37 am

    So if Hillary Clinton becomes president you won’t go off the deep end when bloggers do to her image what you are doing to Barack Obama’s?

  9. August 3, 2009 3:40 am

    Quit the Barack Obama gets a free pass because of George Bush, ploy. It is old already.

    Barack Obama admires Jamie Dimon of Chase Bank, that is an indictment of Barack Obama as being a fraud, not who he said he was.

  10. Tabula rasta permalink
    August 3, 2009 12:32 pm

    It was Bu$hCo who put us into a 9-line bind w/ T.A.R.P. bailouts, et cetera.

    And remember, HRC voted for the GOP’s Bankruptcy Bill that was nothing more than red meat for the usurious, cut-throat credit card industry.
    Instead of helping-out the people who are forced to file for bankruptcy, (60% being caused because of major medical maladies), Mrs. Clinton voted to further loosen the reins on the BigBanks who create this outlandish usuary w/ their creditcards which they hand out freely to almost anybody or anything that can draw a breath.

    Many people were forced to exist by playing hot-potato w/ their credit cards because they had lost their jobs to foreign workers. The GOP continued to offer tax incentives to US companies that chose to outsource the American jobs by moving their companies offshore.
    Good ol’ Halliburton even pulled up stakes & moved their main offices to the U.A.E. so they could avoid paying taxes to the very Bu$hCo government that had allowed them to make exhorbitant cost-plus, sole source contracts, while privatizing functions of our military that our brave G.Is. have done on their own since the very inception of our armed forces.

    Halliburton purchased bodybags from China @ $5.00/bag, but they turned around & marked-up the price, charging the US taxpayer $50.00 per bodybag.
    They did the same thing w/ Coca~Cola products by charging $5.00+ for each individual can.
    They also held back the best cuts of meat & other prime foodstuffs meant for our G.Is., for their own consumption.
    They even provided potable water for our troops that was contaminated w/ fecal matter.
    I guess I would beat-feet too, if I were guilty of such blatant waste, fraud & criminal abuse.

    Then mercenary forces like XE, aka Blackwater USA, Triple Canopy, Dyn Corp, etc. were offered lucrative contracts to protect the Halliburton employees & dignataries.
    Privatized mercenary forces like C.A.C.I. were passed-off as CIA agents to our G.Is., giving credibility for torture & abuse @ the Abu Grahib Prison in Iraq, Camp Gitmo, Cuba & @ Bahgram Airbase in Afghanistan.
    Probably to free-up the CIA so they could carryout more extraordinary-renditions in countries where torture is allowed.
    Our own habeus corpus protections were usurped,
    so that even US citizens could be kidnapped w/o ever being judged guilty of anything by a jury of our peers.
    Not even an opportunity to confront our accusers. A method to silence those on a political enemies list perchance?!?!?

    The USA was on the brink of fascism when Obama was elected.
    Bu$hCorp had perverted the US Constitution & our economy was F.U.B.A.R.
    It took the neocons nearly 8 excruciatingly long yrs. after the “Pearl Harbor type event” on 9.11 to bring this nation to it’s knees & to eviscerate the US Constitution & create the P.N.A.C. Pax Americana of their wet-dream.
    The GOP accuse Obama of doing too much-too soon, & then turn right around whineing that the GOP’s tons of dirty diapers & assorted & sundry dirty-laundry, isn’t being cleaned-up quick enough to suit them.
    They remind me of a backseat full of trustfund brats on a long roadtrip, sniveling & whineing “are we there yet, are we there yet?”
    Instead of pulling together as Americans to achieve fiscal sustainability, they chose to continue dividing us by party by putting their dwindling regional remenent of a party, before country.

  11. August 3, 2009 8:33 pm

    I never go off the deep end, Alex-

    Life is too short to be bothered by ‘sticks and stones’!

  12. August 3, 2009 8:34 pm

    Ewww- another cut and paste!
    one handed applause!

  13. August 4, 2009 7:01 am

    I thought it was a powerful rant.

  14. August 4, 2009 7:02 am

    I agree with this assessment.

  15. August 5, 2009 10:29 am

    Powerfully in Error, Alex-

    Hillary Clinton didn’t vote for the Final Draft of the BK Bill. She was with BC as he was in the operating room having Heart Bi-Pass Surgery.

    The fact is, Bush laid the groundwork for the Democrats and Obama is carrying the ball for them.

    There is only “ONE” Party!

    As we repeatedly say: Obama is BushIII

  16. Tabula rasta permalink
    August 6, 2009 4:47 am


  17. August 7, 2009 11:30 am


    I admire your patience and generosity giving this president a year to fix the ills of America.

    At the rate he’s going destroying America, there won’t be anything left of us within a year.

  18. August 7, 2009 12:19 pm

    I kind of gave up on the year thing when I found out that Barack Obama’s favorite wall street banker is Jamie Dimon of Chase Bank.

    I’m still trying to hold back, but I have already accused Barack Obama of possibly being afflicted with Munchausen’s disease.

    I try to use those possibly words since I don’t know for sure.

  19. August 7, 2009 5:41 pm

    The words I’ve heard being used diagnosing what is wrong with him is:
    Narcissistic sociopath.

    Narcissism’s telltale signs are lack of empathy and lack of conscience. He easily demonstrates those two characteristics.

    If you notice, he cannot be trusted by friend of foe. Anyone and everyone is eligible to get thrown under the bus.

    This is most likely the reason NKorea wanted BC to negotiate the journalists release.

  20. August 20, 2009 11:47 am

    my name is margie winkles and I live in sumter sc with my youngesy daughter and her family. eight years ago, my husband and i bought apprx 5 acres of land in darlington county sc.we then bought us a double wide to put onthe land we bought. we were careful to pick a place to live because this was going to be where we would live out the rest of our lives. after living there for eight years, we got an eviction notice. we knew that our payments have been made and we had our proof. the mortgage co would not listen or work with us to fix this problem because they were selling our account to another mortgage co. evedentally our payments were not getting posted on either companies accounts. we obtained an attorney just to find out that he got suspended a few months later. during that time, he made it possible for the mortgage co to come in and put my personal things beside the road and locked up my home so i couldnt live there. i was not notified when my attorney got suspended. my husband and i are not rich people. he was going to school and substitute teaching and i was a care giver for elderly women. we did everything we knew to do and we still lost our home. right now we have an attorney who is working on a contingincy payment. we were informted that if the suspended attorney has no insurance then we will be tough out of luck. we do not have thousands of dollars to buy legal representation. i dont know what to do. we have done everything we were suposed to do and we still lost our home. there are criminals who get an attorney appointed to them if they cant afford one but to an honest, hard working amwericans can just forget it. i know this cant be true. please try to help me by giving me the names of any agency that might be able to help. i have already gotten in youch with many agencies here and they give you nothing but run around. please help !!!!! please dont let americans down.


  1. Obama does little helping distressed Americans losing their Homes … | Brazil Today

Comments are closed.

%d bloggers like this: