When the market was hot and house inventory was at an all time low did Washington try to stop it? Did the banks create a road block to prevent people from getting financing? No sir! We all enjoyed the benefits of that market.
America is going through the after effects of that crazy market, What goes up, Must come down! There was an unusually large increase on home values that simply didn't keep pace with wages & employment so it had to burst... Why can't we just let this market run its course?
What happens when a dam breaks? What causes it? Excessive pressure and unusual quantities of water and a structure that was not designed to withstand that kind of pressure. The real estate market is similar, we are accustomed to ups and downs but the excessive pressure of short sales and foreclosures are creating an enormous crash for the regular market of sellers who are holding on by their fingernails.
The devastation of a dam that breaks if far worse than a heavy rain that brings run off. So Mr Obama, keep your "dam" hands off the real estate market, we don't need more devastation! That goes for health care too!