Reuters reported that President Obama is trying to find new ways to delay foreclosure of homes for unemployed Americans. Slashing Tongue support hims whole heartedly on this issue and hope that he takes it up with more urgency.

The single major factor that had brought to the world’s economy to her knees is the collapse of the housing sector in America. So I find it regrettable that the US has made headway in getting fat-cat banks back up to health (especially Goldman Sacs), but jobs are not created and foreclosure rates are still high. You have to wonder where the priority of governments really lies : In the people that voted them into power, or the supporters that contributed millions to their election campaigns.

Why is President Obama and company mulling over this? This could be too costly? The US government has already spent trillions trying to get the economy back and the deficit has passed the 1 trillion mark for the first time; And you are telling me that we cannot help people stay in their homes?

Could this not have support from the other side? I dare the Republicans to vote against this! Try telling their own constituents that you cannot keep your home because of big government. It would be a great political point to score for the Democrats if this happens. There is no way in hell that the Republicans would not back helping people stay in their homes.

Could there be a feeling amongst some people, with homes that they can afford, that this is making them pay for the homes of others who do not deserve it? Yes, there would always be some people feeling that way. But do you think that these people would like to have more homeless people in their neighborhood? What do you think would happen? You think crime rates would not go up in their neighborhood? You think the value of their house would not drop in a neighborhood that has become unsafe?

Having a home is not a luxury, it is a need. Be it a hut or a mansion, a roof over one’s head is essential to one’s life. It is on the basis that lives are made and lived. After food, water and jobs, homes are critical. And saving homes is a must to get this economy back to her feet.

President Obama would fundamentally fail as a President if he chooses to ignore this. Health care is not the biggest priority, this is. We have stated in earlier articles that the economy would roar back if three sectors are tackled. One is jobs, the other is the stability of the banks and lastly, it is housing. Failure to address any one of these three components would not lead to an economic recovery and ultimately, a failed Presidency.

It is amazing that no media really gives a damn about this, with the exception of Reuters. Why?! Isn’t this the news that is important and affects the lives of millions of Americans? Why does the words of the Supreme Court nominee, Sonia Sotomayor, have more coverage than this? Why is it that people know more about rumors of Michael Jackson being gay than about the homes that they live in? It is one thing that people not care to read an important article, it is another for news agencies not to report it at all!

I hope that people take note about this and call their leaders. Pressure them to ensure that people can stay in their homes!

Please visit www.reuters.com for more information on this.

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