Voice of the White House
November 29, 2009
Washington, D.C.: “Although the economic panic seems to have subsided and the stock market is slowly gaining ground, we are by no means out of the dog house yet. There are still enormous masses of unemployed, housing is very weak, and the predatory mortgage lenders are refusing to lighten up on their victims. Credit card companies are facing a collapse of their empires as millions are rushing into bankruptcy and demanding Chapter 7, not any other re-pay programs eagerly offered by firms in solid alliance with the lenders. Obama made many promises while on the campaign trail, promises that essentially got him elected. He said he would withdraw from our futile wars, be more open in government and bring more fairness to government. He is not following up on these promises and if his favorite health care project falls down, Obama is in for a great deal of trouble.”