Obama's Mortgage Plan is the Solution
David Paterson, Governor of New York | March 9, 2009
Since the economic downturn began as a mortgage crisis, the focus should be on mortgages in order to find a solution to the financial crisis. ++ Mr. Obama and his administration seem to be aware of this; the Homeowner Affordability and Stability Plan announced last month is an effective strategy to tackle the mortgage problem. ++ Critics claim that this plan fails to punish those responsible by making all American taxpayers pay for the errors of a few. ++ Yet, "no plan will satisfy everyone, but doing nothing is not an option."
