Monday, March 24, 2008

Obama's letter to Fed Chrmn Bernanke about the sub-prime lending crisis

On Thursday, March 22nd, U.S. Senator Barack Obama's campaign released his letter to Federal Reserve Chairman Bernanke and Treasury Secretary Paulson urging them to immediately convene a homeownership preservation summit with key stakeholders to fight foreclosures driven by growth in the subprime mortgage market.

It was overshadowed in the mainstream media by continuing dissection of the Phildelphia speech on values and race from Monday, and in the blogosphere by Hillary Clinton's Bosnia hyperbole,

...or did she simply mis-speak? Well, it got everybody to stop talking about her tax returns. But while Senator Clinton wrestles with what may be a career-limiting memory lapse, it's worth noting that Obama hasn't lost sight of the impact this is having all across the U.S. despite the time-consuming nature of campaigning.

Obama for America

DIGG it!