I’m neither O or R’s supporter so let me start by saying that this settlement shout out was lame.

The settlement is supposed to provide relief to homeowners in the form of mortgage modifications, reduced principal…sounds a lot like what the banks were suppose to do this already prior to the so called settlement.

HuffPO-

California Attorney General Kamala Harris said in her Wednesday speech at the Democratic National Convention that the $25 billion settlement between the government and the nation’s largest banks shows President Barack Obama’s leadership.

“President Obama stood with me and 48 other attorneys general in taking on the banks and winning $25 billion for struggling homeowners,” Harris said, noting that Obama also supported credit card and Wall Street reform.

[HUFFINGTON POST]

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