Boehner knocks Obama’s new housing proposal
February 1st, 2012
01:32 PM ET
6 years ago

Boehner knocks Obama’s new housing proposal

Washington (CNN) – House Speaker John Boehner is expressing skepticism about President Obama’s latest plan to lift the country’s housing market, suggesting government programs designed to help mortgage holders have long proven ineffective.

“We've done this at least four times where there's some new government program to help homeowners who have trouble with their mortgages,” Boehner told reporters on Capitol Hill Wednesday. “None of these programs have worked and I don't know why anyone would think that this next idea's going to work and all they've done is delay the clearing of the market. “


Filed under: John Boehner • President Obama
soundoff (50 Responses)
  1. macrasta

    he criticizes but have no solutions ... typical..

    February 1, 2012 01:36 pm at 1:36 pm |

    Pretty much Bonehead is aligned with his party's frontrunner of letting the foreclosure process run it's course and kick people out of their homes. These people are heartless and have no moral character. You tell us you don't like the President's proposal, yet you don't have one to offer in return. DO YOUR JOB CONGRESS OR FACE THE WHIRLWIND IN NOVEMBER!!!

    February 1, 2012 01:39 pm at 1:39 pm |
  3. jay

    Bummer has been the worst speaker of the House in history.

    February 1, 2012 01:39 pm at 1:39 pm |
  4. Tired of republican lies

    It figures...anything to help us lil folk...Bonehead needs to get his head out of is butt and start helping people. 😦

    February 1, 2012 01:41 pm at 1:41 pm |
  5. Dee

    Boehner just doesn't get it he rejects everything the President suggest and does not listen to the American people.

    February 1, 2012 01:42 pm at 1:42 pm |
  6. vet in texas

    America, we have at least $15 trillion in mortgages, we need to figure out a way to get qualified people in and keep the people having trouble from losing their mortgage. Yes getting people back to work is the solution.....but logic is also. A person who has been out of work for 6 months will have credit issues, therefore if they started work today, it would take a year to afford a house.......therefore Speaker Boehner, look at the past programs that didn't work, and FIGURE OUT WHAT WENT WRONG!, stop pandering to people who don't think logically and start coming up with solutions instead of bumper sticker slogans, and gold/carbonite salesman soundbites!

    My above comment and response is an AMERICAN SOLUTION, not a party, ideology, dream, but a country!

    Imagine how much gold, carbonite, and emergency food has been bought, and look at who sold it, and profited it from it. Naivete is what is really killing this country!

    February 1, 2012 01:44 pm at 1:44 pm |
  7. annie s

    Oooh! Surprise, surprise. The leader of the GOTP is against the President's plan. That must mean it's something that would actually help the middle class!

    February 1, 2012 01:46 pm at 1:46 pm |
  8. D

    Your wrong speaker! Those programs helped me modify my mortgage and keep my house! Your awful!

    February 1, 2012 01:51 pm at 1:51 pm |
  9. Gurgi

    Help the people that need it. However, the people that should not have been given the loan in the first place??? Let the foreclosure process continue, as nothing would help them for long anyway, outside of just giving them the house for free. But that wouldn't be fair now would it?

    February 1, 2012 01:52 pm at 1:52 pm |
  10. The Real Tom Paine

    Has he actually tried to figure out why they did not work? At one time, people in government tried rigorous, constant experimentation to see what worked. The only thing rigorous about Boehner is saying no and making sure his tanning schedule is not interfered with.

    February 1, 2012 01:54 pm at 1:54 pm |
  11. Gurgi

    By the way Tom, interesting conversation on the other thread. Amazing how much we can agree on.

    February 1, 2012 01:59 pm at 1:59 pm |
  12. jacq

    This guy is a disgrace,to the whole nation

    February 1, 2012 02:00 pm at 2:00 pm |
  13. WiredweirdinSF

    And where is the money for this failed program coming from? Naturally, it will be taken from those who acted responsiby, worked, paid their taxes, did not buy the 80 inch tv's and gas hog SUV's. It is Obama form of justice Using the hard earned money of the responsible to get himself reelected by the irresponsible. Typical democrat liberal stuff.

    February 1, 2012 02:01 pm at 2:01 pm |
  14. LacrosseMom(real one)

    What else is new? President Obama's ideas, solutions, etc., are always wrong according to the GOP! Dear God, I can not wait until November when We, the People, take back the House (the 112th Teapublican Congress has a 9% approval rating) and win the presidency again!

    February 1, 2012 02:01 pm at 2:01 pm |
  15. Al-NY,NY

    .....I am SHOCKED!! You coulda knocked me over with a feather with this one.

    February 1, 2012 02:02 pm at 2:02 pm |
  16. Ohio man

    Hmmm you mean like the "BUSH TAX CUTS" that still has not done anything to help the middle class nor the economy!

    February 1, 2012 02:05 pm at 2:05 pm |
  17. The Real Tom Paine

    Yes Gurgi, its amazing how much people can agree on once they stop using the talking points. By the way, I grew up in western NY, kind of like the area you described in MO. I agree with what you said there, it made me laugh.

    February 1, 2012 02:06 pm at 2:06 pm |
  18. Four and The Door

    Speaker Boehner is exactly correct. The Federal Government has no business trying to exact it's will on the housing market. So far it has cost tens of billions of dollars and made no impact. Who wins when the government tries to get involved? The mortgage banks. This is not the role of the Federal government and a clear indication Obama is reckless with our tax dollars.

    Right now Obama is trying to find every way possible to throw money at as many voters as possible. This is not leadership. This is a failure of leadership and a scam. We need management of our tax dollars, not distribution.

    February 1, 2012 02:07 pm at 2:07 pm |
  19. Ron

    Boehner only has a few more months in office! November 2012 will take his "Stripes" away!! Worst speaker in American history, BAR-NONE!!!! And take your RNC Chairman with ya !!!!!

    February 1, 2012 02:13 pm at 2:13 pm |
  20. The Real Tom Paine

    To everyone here who is slamming this plan as a waste of taxpayer dollars, I urge you to remember the comments many of you made in support of Romney's proposals for increasing NASA's budget and Newt's moon colony idea. If people here are willing to waste money on something that won't give us a return on investment for years, why not do something to relieve pain here and allow people to become productive citizens again? Spare me the talk about people having to assume responsibility for taking bad loans, the banks were being predatory and they knew it. Talking about interplanetary travel and moon colonies while denying people here the opportunity to pay off their loans is nothing more than partisan nonsense. Which is better for our country and society?

    February 1, 2012 02:17 pm at 2:17 pm |
  21. ms

    Im expressing skepticism about anything speaker Boehner says.

    February 1, 2012 02:19 pm at 2:19 pm |
  22. Nick

    Read the President's idea of how to pay before criticizing. Paid by fees from big banks – the other guilty party that to date have not suffered their share. This plan would help me – I agree lost causes are lost, but until now, no programs for underwater homeowner's have been open to people like myself. It is time for the banks to share their half!

    February 1, 2012 02:21 pm at 2:21 pm |
  23. 4 More Years!!!

    Obama/Biden for re-election in 2012!!!

    February 1, 2012 02:21 pm at 2:21 pm |
  24. Nick

    Big banks having to pay is why Boehner is critical. He could care less except his bank lobby just called to tell him his vote will be no.

    February 1, 2012 02:28 pm at 2:28 pm |
  25. Mikey

    @Four – Do you own a house? Was your mortgage more affordable due to the impact of the GSA's in facilitating transactions and providing liquidity into the market. Yes, Fannie and Freddie engaged in practices that exacerbated the mortgage meltdown. But contrary to right wing propaganda, the did not cause it. Evidence: mortgages made through the private mortgage conduits were 11 times more likely to be subprime mortgages than those in the GSA conduits.

    The hand of Government has assisted economic development from the beginning our nation; from the patterns of settlement west of the Appalachians, to the development of our banking system, to the building of the railroads, to the regulation of our markets that made us the envy of the world, to the GI bill and VA mortgages, to the funding of research that was used in commercial enterprises, to the development of the internet, and on and on. The anti-government anti-tax rhetoric of the far right defies simple logic and truth and files in the face of the reality of the history of the United States.

    February 1, 2012 02:33 pm at 2:33 pm |
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