Government Assists Banks In Defrauding Delinquent Homeowners Out Of Additional Payments.

http://www.nytimes.com/2010/01/02/business/economy/02modify.html?em
U.S. Loan Effort Is Seen as Adding to Housing Woes

Like every other program that the government creates, the solution is worse than the problem.

In February 2009 Barack Hussein Obama created a $75 billion program that was supposed to "Make Housing Affordable".

What it actually did was deceive people who are living in homes they can't afford, to make extra payments in the hope something will be done. Well, something was done. After the trial period, the homeowners were still foreclosed on and forced out of their homes. Which means that instead of saving their money and planning on moving into homes they could afford, they made additional futile payments on homes they were going to lose.

Millions of people were deceived into believing they would be bailed out by the federal government. They should have known they were not part of the too big to fail group that gets the bailout money (and therefor they are part of the too small to succeed and too small to care about group).

The Treasury Department, led by tax cheat Timothy Geithner, claims the program is effective and it is doing what it was intended to do.

In 2008, before the program was put in place, more than 1.7 million homeowners were forced out of their homes. In 2009 after the program was put in place, more than 2 million homeowners were forced out of their homes. The projection for 2010 is that more than 2.4 million homeowners will be forced out of their homes.

Please tell me again what the program is intended to do.