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Thread: Obama to Unveil $1.5 Billion in Housing Assistance in Vegas

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    Obama to Unveil $1.5 Billion in Housing Assistance in Vegas

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    Updated February 19, 2010
    AP
    President Obama is unveiling $1.5 billion in housing help, a boost timed to his appearance in the city with the worst foreclosure crisis in the nation.

    President Obama is unveiling $1.5 billion in housing help, a boost timed to his appearance in the city with the worst foreclosure crisis in the nation.
    Obama's move, detailed by aides in advance of his town hall here Friday, is the latest by a White House determined to show it is helping families rebound from a deep recession. The downturn is taking an election-year toll on Obama's party as voter frustration builds.
    Obama was to announce that housing finance agencies in the five hardest-hit states in the housing crisis will receive $1.5 billion to help spur local solutions to the problem. Those five are Arizona, California, Florida, Michigan and Nevada.
    The policy wrinkle comes during a two-day Western trip with different agendas for the president. He will be back in town-hall mode, a venue that aides say allows him to connect with people and distance himself from the messy process of Washington governing.
    The president is also out to help vulnerable senators protect their seats and, in turn, gain as much legislative leverage as he can.
    As some of us have stated here comes the stimulus money to save the Democrats.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Obama to Unveil $1.5 Billion in Housing Assistance in Vegas

    Heaven forbid, government actually helping people! Jeez.
    “Real environmentalists live in cities, and they visit what's left of the wilderness as gently and respectfully as possible.” — Donna Moulton, letter to the editor, Tucson Weekly, published on August 23, 2001

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    Re: Obama to Unveil $1.5 Billion in Housing Assistance in Vegas

    Yeah, this is a "Help Harry Reid" campaign contribution, and nothing more.

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    Re: Obama to Unveil $1.5 Billion in Housing Assistance in Vegas

    Quote Originally Posted by Erod View Post
    Yeah, this is a "Help Harry Reid" campaign contribution, and nothing more.
    Nevada currently has one of the highest unemployment rates, highest house foreclosures, and lowest education in the country. This is hardly a Help Harry Reid campaign. Besides Reid is going to be done election time. I would wager to say that most people in Nevada are not happy with his performance, including me.

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    Re: Obama to Unveil $1.5 Billion in Housing Assistance in Vegas

    Quote Originally Posted by Chappy View Post
    Heaven forbid, government actually helping people! Jeez.
    If by "helping people" you mean "stealing money from productive citizens and future generations to bail out irresponsible home owners", then, yes, I would certainly agree with you.

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    Re: Obama to Unveil $1.5 Billion in Housing Assistance in Vegas

    Quote Originally Posted by TheNextEra View Post
    Nevada currently has one of the highest unemployment rates, highest house foreclosures, and lowest education in the country.
    So what? That's Nevada's problem. You're free to dedicate your own money to their economic recovery - nothing's stopping you...

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    Re: Obama to Unveil $1.5 Billion in Housing Assistance in Vegas

    Quote Originally Posted by TheNextEra View Post
    Nevada currently has one of the highest unemployment rates, highest house foreclosures, and lowest education in the country. This is hardly a Help Harry Reid campaign. Besides Reid is going to be done election time. I would wager to say that most people in Nevada are not happy with his performance, including me.
    Start shipping out the illegal immigrants & watch the unemployment rates drop & the education level rise.....
    With regard to the foreclosures, how many of those were spec houses bought by specualtors who got caught with their pants down?....

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    Re: Obama to Unveil $1.5 Billion in Housing Assistance in Vegas

    Quote Originally Posted by Chappy View Post
    Heaven forbid, government actually helping people!
    helping some, taxing others

    and playing middle man in between

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    Re: Obama to Unveil $1.5 Billion in Housing Assistance in Vegas

    Quote Originally Posted by Ethereal View Post
    If by "helping people" you mean "stealing money from productive citizens and future generations to bail out irresponsible home owners", then, yes, I would certainly agree with you.
    Overgeneralize much?

    When people loose their jobs or have their hours cut, they're "irresponsible" because..?

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    Re: Obama to Unveil $1.5 Billion in Housing Assistance in Vegas

    Quote Originally Posted by TheNextEra View Post
    Nevada currently has one of the highest unemployment rates, highest house foreclosures, and lowest education in the country. This is hardly a Help Harry Reid campaign. Besides Reid is going to be done election time. I would wager to say that most people in Nevada are not happy with his performance, including me.
    Unfortunately your single unitary vote will be lost in the crowd.

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