Thursday, August 13, 2009

Obama's Healthcare Plan

Ok, I'm going to just make this short and sweet. Shouldn't we make sure that we FIRST get to helping the people who are in distress with foreclosures? How about getting people back to work? Updating the electrical grid on the eastern coast? Retrofit gas stations to accommodate new alternative fueling sources (ex; flex fuels, hydrogen & electrical power) and build additional infrastructures throughout the US?

Foreclosure filings were up 32 percent from the same month last year, RealtyTrac Inc. said Thursday. More than 360,000 households, or one in every 355 homes, received a foreclosure-related notice, such as a notice of default or trustee's sale. That's the highest monthly level since the foreclosure-listing firm began publishing the data more than four years ago.

The mortgage industry has been slow to adapt to the surge in foreclosures. Many lenders have needed government prodding to get up to speed with the Obama administration's plan to stem foreclosures. And herein lies my gripe with the healthcare plan. If we can't even adapt fast enough to help people stay in their homes how in the world are we going to adapt to overhaul healthcare?

I think we need to slow it down a bit and look at the other programs that are currently in place and make sure that they are working as designed. (Recall the new jobs that were promised? Well many of them are stuck in committee.) Once we can do that we can move forward towards fixing the ailing healthcare system which I agree needs a major overhaul.

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