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Spokane, Washington  Est. May 19, 1883

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Obama Unveils Mortgage Relief Plan

Item: Obama unveils mortgage relief plan to good media reviews/U.S. News & World Report

More Info: To extensive and largely favorable media coverage, President Obama yesterday outlined his housing relief plan at a high school in Mesa, Arizona. The story led all three network newscasts last night, and is featured on the front pages of newspapers across the country. The AP calls the plan "a $75 billion lifeline to millions of Americans on the brink of foreclosure." The CBS Evening News said Obama "is throwing a lifeline to millions of homeowners struggling to pay their mortgages or at risk of outright foreclosure." NBC Nightly News reported, "The basic goal of the plan is to help homeowners who owe more than their house is worth, need to refinance, but can't get a new loan."

Question: Do you consider this "75 billion lifeline to millions of Americans on the brink of foreclosure" to be a good thing?



D.F. Oliveria
D.F. (Dave) Oliveria joined The Spokesman-Review in 1984. He currently is a columnist and compiles the Huckleberries Online blog and writes about North Idaho in his Huckleberries column.

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