The IUSB Vision Weblog

The way to crush the middle class is to grind them between the millstones of taxation and inflation. – Vladimir Lenin

Daughter of laid-off worker: Obama where is the help you promised in the campaign?

Posted by iusbvision on April 8, 2009

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The biggest problem is the United States right now is the housing and mortgage industry. The government promised with the first bailout to buy up troubled mortgages so they could renegotiate with home owners and buy them some time. As soon as the government got the money from Congress they decided not to help the people and used the money to take control of the banks. Now between Treasury, Congress and the Federal Reserve we have spent 12.8 trillion buying bank stock to get control of the banks, in the meantime it is April and people have still received no help at all.

KOMO:

SPOKANE, Wash. – Two Washington state girls took their plea straight to President Obama after their dad was laid off from his job.

The two mailed a letter to the president at the White House after watching their father, Henry, struggle to find a new job. Now they’re about to lose their home.

It’s a simple letter – asking for help.

“My name is Lilian Deck and my sister and I live in Spokane,” the girls’ letter begins. “We would like to ask you a question – where is the help you promised in your campaign?”

The letter is signed by Lilian, 13, and her 10-year-old sister Daleen.

“My father doesn’t want a handout, he wants a job,” the letter says. “He has sent out over 300 resumes with no luck.”

Then Lilian adds, “And we know that because we’ve had to lick the envelopes.”

Henry Deck lost his job a year ago, and on Sunday he’ll lose his home to foreclosure.

“Tomorrow my house goes up on the auction block,” said Henry Deck.

So his daughters, in desperation, sent their letter to the president.

“Why do you and the Congress keep failing this country over and over?” says the girls’ letter, which rips Obama’s stimulus plan for helping banks and big business – before helping families like theirs.

“We didn’t have a subprime mortgage – we had a regular mortgage,” says Henry Deck. “When we went and asked for help, there is none. We don’t fall in the guidelines.”

“I made too much money two years ago – I don’t make enough now. We just fell through the cracks,” he says.

Now his two girls are living the reality of the recession.

“I’m most worried about where we’re going to live – where we will live and how will we,” says Henry Deck. “If I lose my house I may lose my children, too.”

Henry Deck says he is most frustrated by potential employers who say they can’t afford him because he’s overqualified.

Now Deck is praying for a last-minute miracle.

“I don’t know – they may be living out of our car,” he says.

The girls are hoping their letter will bring some kind of help.

“Mr. President – may God bless you and the United States and help you do the right things for this country,” their letter says.

So far the Decks haven’t gotten a response to their letter.

 

2 Responses to “Daughter of laid-off worker: Obama where is the help you promised in the campaign?”

  1. […] – Daughter of laid-off worker: Obama where is the help you promised in the campaign? http://tinyurl.com/agf4cg #tcotworkin meetin in a few mins… wonder wat its about now!??! mayb we r all gettin laid […]

  2. Winghunter said

    Find out exactly why our housing and mortgage lenders got into trouble in the first place;

    The Blame Game by Dr. Thomas Sowell
    http://townhall.com/columnists/ThomasSowell/2009/05/13/the_blame_game

    The Housing Boom And Bust by Dr. Thomas Sowell
    http://www.amazon.com/dp/0465018807/?tag=yahhyd-20&hvadid=56340630511&ref=pd_sl_7402vr72ky_b

    Editorial Reviews
    Product Description

    This is a plain-English explanation of how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The “creative” financing of home mortgages and the even more “creative” marketing of financial securities based on American mortgages to countries around the world, are part of the story of how a financial house of cards was built up—and then suddenly collapsed.
    The politics behind all this is another story full of strange twists. No punches are pulled when discussing politicians of either party, the financial dangers they created, or the distractions they created later to escape their own responsibility for what happened when the financial house of cards in the financial markets collapsed.

    What to do, now that we are in the midst of an economic disaster, is yet another story—one whose ending we do not yet know, but one whose outlines and implications are explored to reveal some surprising and sobering lessons.

    About the Author

    Thomas Sowell has taught economics at Cornell, UCLA, Amherst and other academic institutions, and his Basic Economics has been translated into six languages. He is currently a scholar in residence at the Hoover Institution, Stanford University. He has published in both academic journals in such popular media as the Wall Street Journal, Forbes magazine and Fortune, and writes a syndicated column that appears in newspapers across the country.

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