MR. PRESIDENT: ISSUE AN EXECUTIVE ORDER HALTING ALL FORECLOSURES UNTIL LENDERS ADJUST PRINCIPLE BALANCES TO THEIR TRUE FAIR MARKET VALUE AT THE TIME THE LOAN WAS MADE AND UNTIL THE UNEMPLOYMENT RATE DECLINES TO 6 PERCENT. THE OVERWHELMING MAJORITY OF MIDDLE CLASS HOMEOWNERS WANT ACTION ON THIS. THEY WANT LEADERSHIP. THESE MIDDLE CLASS BORROWERS ARE NOT DEADBEATS. THEY DESERVE A FAIR DEAL, AN HONEST PRINCIPLE BALANCE AND A DECENT JOB TO ENABLE THEM TO BE ABLE TO PAY FOR IT.
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