Salon.com > HAMP http://www.salon.com Tue, 21 May 2013 15:13:29 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Obama’s hard housing lesson http://www.salon.com/2012/10/10/obamas_hard_housing_lesson/ http://www.salon.com/2012/10/10/obamas_hard_housing_lesson/#comments Wed, 10 Oct 2012 18:15:00 +0000 http://www.origin.railrode.net/?p=13036115 When the history of Obama's first term is written, historians will marvel over how quickly the enduring themes of his administration crystallized. Just one month after being inaugurated, President Obama signed the American Recovery and Reinvestment Act -- his $800 billion stimulus bill. On the next day, Feb. 18, he outlined his plans to help homeowners avoid foreclosure in a speech in Arizona -- one of the states hit hardest by the housing bust. And on the very next day after that, CNBC's Rick Santelli delivered his epic rant attacking Obama's bailout of "losers," and calling for viewers to join him in a "Chicago Tea Party" in protest.

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