Obama “AWOL” on foreclosures, “irresponsible,” policies “abysmal failures,” say …

posted at 3:25 pm on September 16, 2011 by Ed Morrissey

Someone needs to alert AttackWatch to a new series of personal attacks from Barack Obama’s critics, this time on the sudden spike of foreclosure notices.  These angry and vicious attacks accuse Obama of being “AWOL” on the mortgage crisis and “irresponsible.”  While the White House tries to claim credit for its mortgage programs, these obviously biased partisans declare those programs to be “abysmal failures.”

Man, someone really needs to start AW dossiers on those House … Democrats?

Leading House Democrats are accusing the Obama administration of ignoring the lingering mortgage crisis and threatening tens-of-millions of Americans with foreclosure in the process.

The lawmakers – encouraged by Obama’s mention of mortgage-relief in his address to Congress last week – were quickly deflated just days later when their efforts to learn the details of the White House plan proved unsuccessful.

“The administration has been AWOL on this issue,” charged Rep. Dennis Cardoza (D-Calif.), “and the American people are suffering because of the mismanagement.”

“In my entire political career, I’ve never seen anything this irresponsible,” he added.

Once again, Obama and his team have mastered the art of inflating expectations while failing to deliver.  According to Cardoza, Obama personally promised the Democratic Caucus on June 2nd that he would propose a new, “very significant” housing initiative this month.  When Democrats didn’t hear anything about it for three months, they requested to have Federal Housing Finance Agency (FHFA) head Edward DeMarco speak to them; the White House sent some career staffers from FHFA instead.  And when they discovered that no one at FHFA knew anything about a new housing initiative, Cardoza and his caucus blew up.

Now Cardoza and Elijah Cummings have written a letter to Obama demanding that he make DeMarco available.  Jim Costa ripped Obama’s “contradictory policies” that have extended and deepened the mortgage crisis.  Cardoza offered his own analysis of Obama’s policies:

“I couldn’t wait to get Obama in office because I was sure a Democrat would do a better job,” Cardoza said, referring to the foreclosure-relief efforts under the Bush administration. “And, frankly, nothing’s happened. The programs that were put in place were abysmal failures.”

I’d say we have consensus on that conclusion.  We can extend that to the entire Obama administration, and not just its economic policies but also the ability to work with Congress in any meaningful fashion.  How difficult would it have been to provide DeMarco for a consultation?  For that matter, why promise a housing initiative to a President’s own House caucus and then do no follow-up at all?  Put this together with the embarrassing debacle with Senate Democrats on the jobs bill, and it adds up to an executive who is clearly in over his head, surrounded by people who aren’t much better at their jobs, either.

For the record, the spike in foreclosures isn’t a sign of new weakness in the housing market.  It’s a sign that the normal process of concluding failed loans has finally begun to work again.  These are mainly properties that have been in default for a couple of years or more, but held up because of significant failures to properly handle paperwork by the lenders.  Dumping so many properties onto the market at once might lower prices for a short period, but the defaults have been well known for a long time.

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Cue the Righteous Brothers…..

45rpm, scratches and all…..

ted c on September 16, 2011 at 3:31 PM

This guy is like a pot-smoking junior college student who can’t bring his term papers in on time.

WTF?

Not that I’m upset – I’m glad he has no plan – cuz if he did – it would involve taking more of my money and flushing it down the commode.

HondaV65 on September 16, 2011 at 3:31 PM

“And, frankly, nothing’s happened. The programs that were put in place were abysmal failures.”

Shocking!!! GOvernment programs not working! Who would have thought?

WashJeff on September 16, 2011 at 3:31 PM


“In my entire political career, I’ve never seen anything this irresponsible,”

I dunno, the way Klinton ran the military might be a close second.

Tony737 on September 16, 2011 at 3:33 PM

Liberal legislators, much like weathervanes, are leading indicators of a shift in the political winds. And this shift is sudden and severe.

“Oh…Aunty M…..”

BobMbx on September 16, 2011 at 3:33 PM

Obama’s waiting for his Housing Adviser, Tony Rezko, to get back to him on this.

kingsjester on September 16, 2011 at 3:33 PM

“In my entire political career, I’ve never seen anything this irresponsible,”

He’s a liar. He voted for it.

BobMbx on September 16, 2011 at 3:34 PM

But, will people forget all of these boondoggles come Oct 2012?

cmsinaz on September 16, 2011 at 3:35 PM

Pretty sure I heard a “boy” in there.

a capella on September 16, 2011 at 3:35 PM

Why does this so remind me of the Louisiana thing back when the oil rig blew up? They say they’re going to help. They do nothing. Then when people get mad, they send some low level staffer who knows nothing and has no power…

This is no longer a case. This is a PATTERN.

UnderstandingisPower on September 16, 2011 at 3:35 PM

Folks, totally do it!!!

Report all the attacks Dems make to Attack Watch. Really fill their buffers with Democratic bitching. It’ll give those Media Matter interns something to do.

pelajus on September 16, 2011 at 3:36 PM

“In my entire political career, I’ve never seen anything this irresponsible,” he added.

I can think of another…

Seven Percent Solution on September 16, 2011 at 3:36 PM

Achtung Watch staff must be inundated with reports of these kinds of smears and attacks. that’s all I have been hearing from the Democrats for a week now.

DrStock on September 16, 2011 at 3:36 PM

This is amazing. Obama actually has had the nerve to treat his own colleagues in Congress the same way he treats the American people — thinking that all he has to do is give a few speeches and a tough problem is magically solved. He really doesn’t understand that he has to make actual policy proposals. Unbelievable.

jwolf on September 16, 2011 at 3:37 PM

ted c on September 16, 2011 at 3:31 PM

Marvelous. I’m afraid, though, that I must report the Righteous Bro’s to AttackWatch.

BobMbx on September 16, 2011 at 3:37 PM

I have to give obama props here, because the lefties want to “reform” the housing market by preventing lenders from evicting their deadbeat owners.

faraway on September 16, 2011 at 3:37 PM

Like I said on here about the committee of prominent Dems asking Obama not to run. I wouldn’t be surprised if he has already been asked and he refused to not run for a second term. Now this committee is tightening the screws on Obama to help him see why he should accept their offer now and bow out gracefully. It’s curious the number of revelations in recent days that are getting so much attention… Soldyndra, Fast and Furious, pressuring the Air Force General to change testimony, Lightsquared, NY and NV special elections, and now members of his own party flat out thumbing their nose at him. They desperately want him out.

behiker on September 16, 2011 at 3:37 PM

Obama was recruited to run for president under the deal that he would be basically the celebrity endorser of all the liberal Democrats’ pet projects, and that his star status would then make those projects unassailable by the right (and even if they were assailed, Obama provided the left with the ability to play the race card on all their enemies).

It’s like Jamie Lee Curtis endorsing that Dannon yogurt that makes you crap better — she doesn’t actually make the yogurt, she’s just there to make you buy the yogurt that in the end produces the crap. Obama never signed on to this gig to do the grunt work of making policy; he was just supposed to support it and then get the credit when it passed. Now that those same policies are unpopular and the Dems are looking for a real savior, they’re mad that Obama is nothing more than the propped up fraud they bamboozled swing voters into supporting in 2008.

jon1979 on September 16, 2011 at 3:39 PM

These angry and vicious attacks accuse Obama of being “AWOL” on the mortgage crisis and “irresponsible.”

Freeloaders wonder: “Where’s the free money from your stash so that taxpayers can pay for the house I couldn’t afford in the first place? How about a refundable credit of $100 multiplied by the number of dumps I take in the overpriced home I purchased. You can create jobs by underwriting a company that will manufacture and install a dump-o-meters around the country in any home purchased after Bush was inaugurated so long as the purchaser has contributed to Democratic candidates during that same period.”

BuckeyeSam on September 16, 2011 at 3:40 PM

Good one 7%

cmsinaz on September 16, 2011 at 3:40 PM

he would be basically the celebrity endorser of all the liberal Democrats’ pet projects, and that his star status would then make those projects unassailable by the right (and even if they were assailed, Obama provided the left with the ability to play the race card on all their enemies).

jon1979 on September 16, 2011 at 3:39 PM

I’ve never seen this put quite this way. Bravo.

faraway on September 16, 2011 at 3:41 PM

Someone needs to alert AttackWatch

Aaaaaaahahahahahahaha…

Jaibones on September 16, 2011 at 3:41 PM

Holy crap, the hits just keep on coming for old Barry, don’t they?

The thing is, how long can an ego like his take this kind of non-stop criticism from so-called allies before it starts to the crack? I doubt we’ll have to wait long to find out. I’d feel sorry for the guy if he wasn’t such a pinko tool.

CantCureStupid on September 16, 2011 at 3:42 PM

Bet even with all this the Gallup approval rating still doesn’t budge much. Built in level of support. Take that you group of Dem chieftains.

txmomof6 on September 16, 2011 at 3:43 PM

Obama: Yeah, I’ll get someone over there asap Cardoza. Yeah!

Jarret:*whispering into Obama’s ear* You’re the KING and don’t you forget it. You don’t take orders, you give them, and you’ll send staffers over. Got it!!!?

capejasmine on September 16, 2011 at 3:43 PM

Pretty sure I heard a “boy” in there.

a capella on September 16, 2011 at 3:35 PM

LOL. Even from members of the Congressional Black Caucus?

BuckeyeSam on September 16, 2011 at 3:43 PM

Marvelous. I’m afraid, though, that I must report the Righteous Bro’s to AttackWatch.

BobMbx on September 16, 2011 at 3:37 PM

..one of ‘em’s dead. But that should not be a problem for Obaam’s “crew”. They’re good at digging up dead people to vote and such.

The War Planner on September 16, 2011 at 3:44 PM

They say this now, but come November 2012, they’ll all be back to singing Loving You.

Christien on September 16, 2011 at 3:44 PM

It’s like Jamie Lee Curtis endorsing that Dannon yogurt that makes you crap better — she doesn’t actually make the yogurt, she’s just there to make you buy the yogurt that in the end produces the crap.

jon1979 on September 16, 2011 at 3:39 PM

PERFECT analogy!

VibrioCocci on September 16, 2011 at 3:45 PM

“The administration has been AWOL on this issue,” charged Rep. Dennis Cardoza (D-Calif.),…

Where’s the love…?

Seven Percent Solution on September 16, 2011 at 3:45 PM

Cue the Righteous Brothers…..

45rpm, scratches and all…..

ted c on September 16, 2011 at 3:31 PM

ROFL.

Also this: Freddie Mercury does Barack Obama

petefrt on September 16, 2011 at 3:45 PM

THIP=The Historic Imploding Presidency

shick on September 16, 2011 at 3:45 PM

The programs that were put in place were abysmal failures.”

You mean that trying to keep people in homes that they can’t possibly afford because they never made enough in the first place and put nothing down anyway isn’t working?

who’da thunk it?

Tim_CA on September 16, 2011 at 3:46 PM

Ed, you’ll be gratified to know that I have reported this malicious lie about Lord O’Baaaahma to Attaaaaaaaaaaaaack Waaaaaaaaaaaaatch!, as many others no doubt have, and I have reported you (again) for repeating these malicious lies.

Jaibones on September 16, 2011 at 3:47 PM

Now that those same policies are unpopular and the Dems are looking for a real savior, they’re mad that Obama is nothing more than the propped up fraud they bamboozled swing voters into supporting in 2008.

jon1979 on September 16, 2011 at 3:39 PM

Unintended consequences. Only now, they have the race card staring them directly in the face, plus, lobster becoming an endangered species anywhere close to Martha’s Vineyard, and being unable to honestly address that particular problem.

a capella on September 16, 2011 at 3:47 PM

A the donks attacking him — what are their solutions? They have none. They’re democrats and their only solution is to spend spend spend.

Blake on September 16, 2011 at 3:50 PM

Sucks that the rest of us have to be involved, but it’s pretty funny to watch the last forty years of different grading procedures and lowered standards catch up with y’all.

rogerb on September 16, 2011 at 3:53 PM

It’s like Jamie Lee Curtis endorsing that Dannon yogurt that makes you crap better — she doesn’t actually make the yogurt, she’s just there to make you buy the yogurt that in the end produces the crap.

jon1979 on September 16, 2011 at 3:39 PM

PERFECT analogy!

VibrioCocci on September 16, 2011 at 3:45 PM

Ha! Now look at the accompanying pic on the main page and think of an appropriate caption for it:

1. Where’s that gofer with my yogurt?

2. Mr. President – don’t forget to f-in’ flush!

3. ?

honsy on September 16, 2011 at 3:53 PM

We suffer more when the Won actually pays attention. Not paying attention is preferred.

Kissmygrits on September 16, 2011 at 3:54 PM

Sucks that the rest of us have to be involved, but it’s pretty funny to watch the last forty years of different grading procedures and lowered standards catch up with y’all.

rogerb on September 16, 2011 at 3:53 PM

I was just thinking the same thing…

… Democrats finally got all the ever wanted, and in reality it tastes like sh%t.

Seven Percent Solution on September 16, 2011 at 3:57 PM

3. ?

honsy on September 16, 2011 at 3:53 PM

“Quick, Joe, light a match!”

VibrioCocci on September 16, 2011 at 3:58 PM

3. ?

honsy on September 16, 2011 at 3:53 PM

“Quick, Joe, light a match!”

VibrioCocci on September 16, 2011 at 3:58 PM

LOL!!! :)

honsy on September 16, 2011 at 3:59 PM

Now that those same policies are unpopular and the Dems are looking for a real savior, they’re mad that Obama is nothing more than the propped up fraud they bamboozled swing voters into supporting in 2008.

jon1979 on September 16, 2011 at 3:39 PM

They always knew he was a fraud. Notice how it took them 3 years to finally admit it? When elections are just right around the corner? They knew. Now, in order to appear dutiful and diligent, to their constituents, they act like they’re on top of things. They’ve had 3 years, just like Obama. And only now are they showing discontent and anger.

This little production of theirs is making me ill.

capejasmine on September 16, 2011 at 4:00 PM

I am really enjoying this scene take place, with the dhimmicraps flaying about like a sheet on a clothes line.

Gothguy on September 16, 2011 at 4:01 PM

But he’s never AWOL at tee time.

tru2tx on September 16, 2011 at 4:09 PM

Obama has just said he thinks his reelection will be easier than his election in 2008.

Dhuka on September 16, 2011 at 4:10 PM

Good Lord, you know it is getting bad when his own kind are calling him a:

SCOAMF

…in public.

TheAdmiral on September 16, 2011 at 4:10 PM

Obama never expected the Presidency to be WORK.

I think he is basically really LAZY, hence more czars to do the heavy lifting than any president in history while he hangs out on the golf course and treats himself to every WH perk.

Not that it was any great shakes, but whoever wrote the ‘jobs’ bill, it sure wasn’t Obama. Too stupid, too lazy – a terrible combo. All he can do is read TOTUS and campaign.

One thing for sure….we will never see Obama’s transcripts.

marybel on September 16, 2011 at 4:11 PM

“In my entire political career, I’ve never seen anything this irresponsible,” he added.

Obama was right; he is building bipartisan consensus. The consensus is that he is an absolutely abysmal and abject failure.

EA_MAN on September 16, 2011 at 4:16 PM

PS-
 

I think he’s doing a fine job.
 
crr6 on August 10, 2011 at 6:15 PM.

rogerb on September 16, 2011 at 4:18 PM

Best Administration, evah!

GarandFan on September 16, 2011 at 4:23 PM

Sucks that the rest of us have to be involved, but it’s pretty funny to watch the last forty years of different grading procedures and lowered standards catch up with y’all.

rogerb on September 16, 2011 at 3:53 PM

That pretty well summarizes how we got to the decayed position we’re in as a nation. 40 years of lies for the sake of a bulls— pseudo-Marxist utopia.

Django on September 16, 2011 at 4:38 PM

They’re democrats and their only solution is to spend spend spend.

Blake on September 16, 2011 at 3:50 PM

And the gang that couldn’t shoot straight is out of “bullets” now

tomg51 on September 16, 2011 at 4:50 PM

The problem is this idiot probably thinks the government should be doing more to help people own homes they can’t afford.

lowandslow on September 16, 2011 at 4:50 PM

The Administration is shutting off Ed DeMarco. They won’t let him talk to anyone. I have this on very good authority. The White House wanted FHFA to push a huge mortgage writedown scheme that would have cost Fannie and Freddie (that is, you and me since we own them now) billions more than they have already sucked out of us. DeMarco refused. Then he announced the FHFA is suing all the big banks, and he didn’t tell the White House beforehand.

rockmom on September 16, 2011 at 5:03 PM

After all, how can you trust liquid rock…

JohnGalt23 on September 16, 2011 at 5:24 PM

Ed, you’ll be gratified to know that I have reported this malicious lie about Lord O’Baaaahma to Attaaaaaaaaaaaaack Waaaaaaaaaaaaatch!, as many others no doubt have, and I have reported you (again) for repeating these malicious lies.

Jaibones on September 16, 2011 at 3:47 PM

It really is an unending source of merriment. The gift that truly keeps on giving…

JohnGalt23 on September 16, 2011 at 5:25 PM

“The administration has been AWOL on this issue,” charged Rep. Dennis Cardoza (D-Calif.), “and the American people are suffering because of the mismanagement.”

As election time approaches, everyone becomes a conservative!

Mr_Magoo on September 16, 2011 at 5:29 PM

Good old “blue dogs” Cardoza and Costa. Where were those POS’s re Obamacare and the administration fkn. with the central valley’s water supplies? Then with the greatest of ease Costa runs commercials claiming he saved our water——and pulled out a very narrow win.

arnold ziffel on September 16, 2011 at 5:35 PM

The Administration is shutting off Ed DeMarco. They won’t let him talk to anyone. I have this on very good authority. The White House wanted FHFA to push a huge mortgage writedown scheme that would have cost Fannie and Freddie (that is, you and me since we own them now) billions more than they have already sucked out of us. DeMarco refused. Then he announced the FHFA is suing all the big banks, and he didn’t tell the White House beforehand.

rockmom on September 16, 2011 at 5:03 PM

Holy cow! Does this mean that agencies are going rogue on this administration? And can DeMarco just do that? I’m trying to wrap my brain around what this portends…..

piglet on September 16, 2011 at 5:59 PM

Holy cow! Does this mean that agencies are going rogue on this administration? And can DeMarco just do that? I’m trying to wrap my brain around what this portends…..

piglet on September 16, 2011 at 5:59 PM

Yes, he has gone rogue. He is acting director of FHFA and is in a civil service job so he can’t be fired. The Administration has failed to get anyone confirmed as Director. DeMarco’s priority is to get Fannie and Freddie solvent and then close them down. The big banks are all sucking up to the White House and did not want to have to take back any of the crap loans they sold to Fannie and Freddie. They are crying to the WH that they will be hurt too badly and be unable to compete with other banks if they have to take back all the crap. They want Fannie and Freddie to absorb at least some of the losses so they don’t have to.

rockmom on September 16, 2011 at 6:25 PM

So taxpayers are going to prop up sub-prime borrowers again? Bad idea.

exdeadhead on September 16, 2011 at 7:42 PM

Actually, I’m pleased not to have to be forced to pay someone else’s mortgage.

katablog.com on September 16, 2011 at 7:46 PM

Reported. Heil Obama und Heil the Reich.

Ryan Anthony on September 16, 2011 at 8:37 PM

For the record, the spike in foreclosures isn’t a sign of new weakness in the housing market

02-08-11 Bank of America drops reverse mortgages
06-29-11 BOAC 8.5 billion settlement on bad mortgage backed securities
09-12-11 BOAC cutting 30,000 jobs
09-13-11 BOAC announces intentions to accelerate foreclosure processes That’s the word they use on mailings to homeowners

Looks like BOAC is hungry, and, having absorbed Countrywide, will begin rooting for cash. IMHO, if the homes were going to appreciate, BOAC would be holding tighter. On the other hand, they need 8.5 billion

However, accelerating foreclosures will depress the market. The backlog is huge. Who’s gonna buy them? Cash or credit?

entagor on September 16, 2011 at 9:20 PM

AWOL
IRRESPONSIBLE
ABYSMAL FAILURES

Only just begin to describe this sissified popinjay.
Add:
SEDITIOUS ACTIVITIES
MALFEASANCE
GROSS INCOMPETENCE
PSYCHOPATHIC LYING
CRIMINAL NEGLIGENCE
TREASONOUS SUBTERFUGE
DERELICTION OF DUTY—And we’re only halfway through Chapter 1!!!!!

MaiDee on September 17, 2011 at 12:01 AM