The single largest obstacle to meaningful economic recovery is a man who most Americans have probably never heard of, Edward J. DeMarco.
From his perch as acting director of the Federal Housing Finance Agency, DeMarco oversees Fannie Mae and Freddie Mac, the government-owned mortgage behemoths that collectively control about half of all home loans in the land. What he does shapes both the national housing market and the ability of troubled borrowers to hang on to their homes. What he has been doing lately has been so unhelpful that Democratic lawmakers and grassroots advocacy groups are properly demanding his ouster.
Monday, March 12, 2012
The obstruction of Ed DeMarco
Peter S. Goodman, Business Editor @ Huffington Post:
President Obama's Top 50 Accomplishments
Keep the heat on, keep the focus on critical issues that aren't being fully addressed, protest what needs protesting - but let's do it in the context of the reality of this Presidency as having taken important steps forward with the potential for much more. Washington Monthly looks at the glass, not brimming over, but at least half full - which is better than other administration in my memory. HERE
Subscribe to:
Posts (Atom)