Subject: txt mny -
The New York Times reports that
“the Obama administration’s $75 billion program to protect homeowners from foreclosure has been widely pronounced a disappointment, and economists and real estate experts now contend it has done more harm than good.”
The article goes on to say that “Treasury officials appear to have concluded that growing numbers of delinquent borrowers simply lack enough income to afford their homes and must be eased out.”
Voters reached that conclusion long ago, according to a number of Rasmussen Reports national telephone surveys....
[Previously seen here, but may be reviewed again here.]
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