At the top of Monday’s NBC Today, co-host Matt Lauer touted a new plan to address the housing crisis: “After a series of foreign policy victories, President Obama is hitting the road to sell his plan to help turn around the struggling economy and today the focus is on the housing market.” Lauer later wondered to chief White House correspondent Chuck Todd if the plan would, “help politically?”
Todd declared: “Well, it could….emphasize the fact that they can’t get anything done through Congress, right? That Republicans won’t do anything….Mitt Romney said of the housing crisis, ‘You know what? We’re not allowing foreclosures to happen fast enough.’ So this is a two-fer, as far as the White House is concerned. They feel like they can talk about housing but also make the Republicans look like they’re out of touch on that.”
However, Lauer began his discussion with Todd by pointing out criticism of the plan: “…it says that it will help make it easier for them to refinance those mortgages. Already critics say it won’t work.” Todd acknowledged a major flaw: “…it’s similar to the plan the President unveiled over two years ago….The problem is, with the plan initially and with this one, is Matt, you cannot force the banks to do this.”
Turning to the political impact, Lauer dismissed that fact: “Even though you can’t force the banks to do it, if you’re sitting at home and you’re underwater in your mortgage and you hear it coming out of the President’s mouth and you’re in a state like Nevada or Arizona or California or Florida, and those aren’t accidental states.”
Near the end of the segment, Lauer asked about GOP criticism of the Obama administration withdrawing all U.S. troops from Iraq at the end of the year: “Republicans are criticizing this, saying it’s more about politics than sound military strategy. How exposed is the President on this?” Continuing to push politics over substance, Todd argued: “I don’t think he’s very exposed at all because public opinion is with him….They would like to see these troops brought home.”
Read More at mrc.org By Kyle Drennen, MRC
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What about the sucker bond holders who held General Motors debt securities.. BO through them to the wolves as he by passed United States Bankruptcy laws in favor of the corrupt unions.. The is the socialistic agenda that OB has brought on the the American public.. Are we so blind as to not see our own self destruction?? Sadly the answer is perhaps yes..
once again you have denied ones freedom of expression.. Does the site admins work in the White House??
Hmm then plan won't work, but good politics, how much will this unworkable disaster cost us? they don't care about that!!
Please if you can do thi, PLEASE do it…Restore the Constitution!!! If you can't, please pass it on!!! http://www.veterandefenders.org/DECLARATION-RESTO…
must be NBC then..
there is noting I have ever said that is not civil and contains any profanity.. What I write is only the truth and I once believed " the TRUTH will make you free"..
Matt Lauer is a useful idiot – NBC stinks..
Sorry my friend but he is entitled to his opinion as long as it is stated as personal opinion.. The problem is when what appears to be personal opinion is in reality political propaganda.. Welcome to NBC.. Perhaps WCJ could learn a thing or two about freedom of expression from my comment..
Take away a man's freedom of speech and yours will be next.. The 1st Amendment is the foundation upon which the United States was founded.. Its only Common Sense.. But now many today do not know the basis on which the country was established..
I love when a hack for the White House says that "Public opinion is with us on this". Is it really or was it because of a push poll the left is famous for?
Here is my public opinion on this. Barney Frank and the Democrats pushed Freddy Mac and Fanny Mae to give loans to people for more than they could afford. That is what crashed the housing bubble. Here is a fine example just in the area I live in. On one side of the river we have 4 repo's in the whole town on the other side of the river we have 450 repo's They were giving loans to people that were on welfare and The Democrats told them they had to except that as income. So what happen when President Clinton reformed Welfare? The Welfare is cut off after 4 years and we have 450 homes in that town that are delinquent on mortgage payment and taxes.The banks can't sell them and the city can't sell them for taxes due because they have turned in to Meth labs and homes for people that just decide to sty there. When they put these houses on the tax sell list they even say "New owner is responsible for removing occupants, and you are not allowed to just turn this into a vacant lot, you must rebuild or fix up current house. This is happening all over this country and the Left Stream media are no reporting it. They are reporting the that it is the Banks fault for foreclosing on these poor people. Under the same rules they could count unemployment as income also.
Barry lied and people died and the Middle East is in a more dangerous state of affairs than when he took office.
As Victor like to say here. "Watch"
NBC's ratings are sliding because they continue to praise and cover for the POS sitting in the White House. Republicans have passed numerous bills in the House that are currently sitting in the Democrat-controlled Congress waiting for further action. Let's put the blame where it's due, NBC — on the shoulders of Obama and his Democratic buddies in the Senate. They think we're so stupid that we'll believe the inflamatory remarks about the Republicans if they hide the Republican passed bills and don't act on them, instead passing only Senate sponsored bills. The liberal Democrats in Congress are the most pathetic excuses for human beings to be found anywhere in this country. One word describes them beautifully — "SLIME".