"Life after denial"

What this article is about: President Obama's Foreclosure- prevention program, the affects that it has on people who were promised the help that they needed and did not receive. The program boasted that it would help nearly four million people in serious need, however with the state of the economy, the Federal Government decided they could not help; that much. So many who were/ are in need of assistance to prevent their homes from being foreclosed on are not able to obtain the help that they so desperately need. These people are seeing their dreams and futures being "flushed down the toilet that we can't even use because we have been evicted." All because they were promised help and relied on it, when it no longer became available, several people struggled to hold on to what they had left, and after the evictions because of foreclosures wiped them out, many had nothing left their cars, jobs, homes, and belongings were all sand in the hourglass of time, that didn't mean anything to the "confiscators" but meant everything to its owners.

Obama aide says that many of the people who are not receiving assistance that were previously guaranteed help, are families whose income is close to the poverty line but not close enough that they need immediate assistance, the aide who did not want to be named also said that "if these people would learn how to spend their money wisely, and save perhaps they would not be in such a hurting position." Based on this article, the generalization that I made is that with all of the people that need help, the numbers are much higher than expected. With that being said, the Government officials had no choice but to inflate the numbers so that the poverty line would be lower and many low-income people/ families would not be considered below the fluctuating poverty line.

As Bert Carvajal stated : "Life has to go on, if (the) Government is unwilling to help like they had previously guaranteed then it is up to my wife Mery and I to make all the ends come together." Unfortunately, with Bert and Mery's situation they do not qualify for assistance, as they do make too much money. Their situation was considered to be not at a crisis point either, but like Bert revealed; "If we are not at a crisis point, what are we at? Once we get evicted from our home, we don't have enough money to buy another or rent. We will be homeless."

How I feel about the issue:
I feel that it is terrible how the Government can promise a lifesaving measure, (which saving someone from eviction could be!) and then go back on your promise and tell them that they currently are not at a crisis point and that they will not receive any money to prevent them from being dislocated from their homes. I think to a certain extent it is a little bit naive or dirty for the Government to say that if the people "fasten their budget belts" they will be just fine. In all reality a person that is unemployed is only making at the most 75% of what they made before their position was terminated. That is 25% less than you were making before. 25% is also the magic number of the percent of your income that you should save (or spend, rather) on housing per month, so in some situations where money is tight when all occupants are working; losing 25% of your income can mean that you are losing the 25% of your income that is used for your housing.



Source:
http://money.cnn.com/galleries/2010/real_estate/1002/gallery.Life_After_Denial/index.html?cnn=yes&hpt=Mid