Ever notice that governments are so much better at sending in troops for war then sending in help for domestic problems…such as homeowners facing or being in foreclosure?
The latest example, I think, is Afghanistan. The President has decided to deploy thousands of more troops (possibly 34,000 according to the Washington Post) to that hell-hole, and we will no doubt be in that country for years to come; maybe decades in one way or another?
Meantime, here at home, more and more people are losing their homes. The so-called mortgage modification program, thus far, not exactly a smashing success.
So, Washington is planning on making public the names of those mortgage lenders who are not reducing loans fast enough and even plans to send teams to visit some banks to nudge them along.
But here’s an idea: Why not send 10 thousand…no, make that 20 thousand….oh hell, let’s just say 40 thousand..U.S. Marines to each and every bank and lending institution across America as a way to…shall we say, urge them?…to step on the gas and modify mortgages at a far quicker rate than is currently the case.
If intimidation is the only thing that will work in Afghanistan, perhaps it is the best way to handle the domestic housing situation?
I don’t really think banks will be moved by published lists with their names on it displaying a big, scarlet letter.
But they just might be moved by the site of troops moving in!
Okay, I know this would be unconstitutional and all (too bad people being forced from their homes isn’t unconstitutional!) but, you have to admit, it’s a damn good fantasy. Or is it?