Monday, March 1, 2010

Foreclosures Editorial

As I began reading the editorial, with all openness of mind, I was instantly struck with the author's bias concerning the President's visit to Nevada. He did not imply but said the President went to show the American people what he was doing. The author did not mention if President Obama signed any documents during his visit therefore, he did not have to show up, he could have just signed documents from the Oval office. Of course he could not resist the jab of mentioning the President was there coincidentally to support Senator Reid. I believe the people of Nevada are worth a visit unto themselves but apparently this author is convinced otherwise. He is attempting to convince the citizens of Henderson, Nevada not only are they not worthy of a sole visit of the President of the United States but also that the President is posturing and has no intentions of carrying out all the promises he has laid out. I sense some see-sawing in this author's logic and believe he wants to believe this foreclosure plan will work but is afraid to voice it. Therefore, he toggle back and forth between the good in President Obama going into the area with the most needs then laces it with the hint of a public relations ploy. If there is no foreseeable end to the foreclosure downturn, why is he asking for a timetable for a plan that has yet to begin. The audacity to suggest the administration is not aware of the importance of this first step is pure political banter. If it works for this handful of states, it may very well work for the nation. I look at comments about the big disappointment of the antiforeclosure program and expect a list of reasons but he only gives one reason, surely he could come up with a longer list for voicing such a big disappointment. With the banks given so much in bailout money and not yielding the results expected by many, the President has already voiced his concerns. Why would the author assume Mr. Obama has not considered a national program based on this five-state effort. After all, he is nation's President. Just because it is unclear how the new fund will help underwater borrowers, it does not mean it will not help. Perhaps the states may be more successful in negotiating on their own. Don't rain on Henderson, Nevada's parade of hope. No plan is too small if it prevents one family from being homeless and out on the streets. A dent is better than no dent any day. To suggest that the President went to the people of Henderson, NV for political reasons, knowing that their state is one of the hardest hit by the foreclosure crisis is political grandstanding. We need government with a heart.

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