If you are an unemployed homeowner facing foreclosure, today might be good news for you. President Obama is once again trying to bail you out by sending 3 billion dollars to those in the weakest job markets.
$2 billion of that money will be sent to the 17 states with the highest unemployment and the money is supposed to go to different programs for aiding unemployed homeowners. The other $1 billion dollars is to start another new program run by HUD that will give some needy homeowners loans up to $50,000 interest free for two years.
Haven't we seen all this before? What about Obama's Making Home Affordable program? What about all the Obama stimulus grants? Where has all this money gone and why do we need to give more tax dollars away?
I don't know the answer to this but if you need more Obama money because you are out of work and facing foreclosure, you might contact your state offices to see how you can get some of this new $3 Billion dollars that Obama is giving away.
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About Me
Hi there. I am just a concerned citizen who is upset at the bad financial position that so many people are in. We are all just trying to get ahead and it is so difficult with prices so high and jobs being lost. College tuition keeps going up and people need a way to make more money, save more money, and get affordable grants and loans. If our government would just stop wasting money on the wars it is fighting and get down to business, we might have a chance.