Thursday, July 7, 2011

Obama's Going to See to It Peggy Joseph Won't Have to Pay the Rent

Remember Peggy Joseph?



Sad to watch isn't it? An American who believes it's the president's job to fill her gas tank and make sure the mortgage gets paid. What's even sadder is our president believes that is part of his job.

The Obama administration is making it easier for out-of-work homeowners to stay in their homes, as it tries to revamp its troubled foreclosure-prevention program.

Starting Aug. 1, the Federal Housing Administration will extend the period for unemployed homeowners to miss mortgage payments to a full year from three or four months. That will allow qualified homeowners to go without making a monthly payment for 12 months before the foreclosure process begins.


Is this Obama's way of telling us the jobs aren't coming after his trillion dollars spent for shovel ready stimulus projects?

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