Friday, June 25, 2010

Media-Backed Obama Mortgage Program Flops

Subject: txt mny econ tax bbro sclm msm -



Obama's home loan modification program was talked up by the bailout-friendly news media as a potential "ray of light" for struggling homeowners.

But on June 21, Associated Press reported the mortgage assistance program is "falling flat."

ABC, CBS and NBC haven't mentioned the new figures since AP reported them...

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