Wednesday, February 18, 2009

Squiddy Republicans Question Obama's Home Foreclosure Plan

Even if these questions were valid -- mostly they just seem like digs that Obama can't really do anything about and some questions he answered if only they listened -- the Palin-ized republicans aren't being helpful and they aren't scoring any points except with their own small audience because they're being a bunch of squids.
CNN: House Republican Whip Eric Cantor, R-Virginia, along with Minority Leader John Boehner, R-Ohio, sent a letter Wednesday to the president "seeking clarification on six important questions about [Obama's] broad housing proposal," according to a press release from Cantor's office.
Read Obama's plan and see the video here.
Here are some of their questions: 
• What will your plan do for the over 90 percent of homeowners who are playing and paying by the rules?

• Does your plan compensate banks for bad mortgages they should have never made in the first place?

• Will individuals who misrepresented their income or assets on their original mortgage application be eligible to get the taxpayer funded assistance under your plan?

• Will you require mortgage servicers to verify income and other eligibility standards before modifying mortgages?

• What will you do to prevent the same mortgages that receive assistance and are modified from going into default three, six or eight months later?

• How do you intend to move forward in the drafting of the legislation and who will author it?