This is an Interesting Theory of Why the Obama Administration F%$#ed Homeowners

I was thinking that Obama (About Geithner, I know) was captured by the banksters.

Well, Bob Kuttner thinks that is an artifact of Obama trying to distance himself from his skin color:

I've been very critical of Obama and I think his administration's handling of mortgage relief was a disgrace, but I will offer a more charitable interpretation of why the administration turned its back on the victims of the mortgage bust. Race is still such a divisive issue that America's first black president did not dare to look as if he was extending special help to blacks.

I disagree with the thesis.

I think that Obama is not so much Black as he is Crimson (Harvard) as are the banksters, and nothing binds like those old school ties.