A part of the answer is that Obama's skills are limited to that of a community organizer. A second part of the answer is that his major influences came from people who either despised America or believed being an American gave them the right of passage to entitlements.

Fannie and Freddie both governmenr sponsored enterprises (GSE) via Dodd, Frank Pelosi, Reid pushed to provide homes to people who simply were not qualified. Obama continues to game play by providing faux plans that never will work because too many of these homeowners are so over leveraged that they couldn't py off their loans in two lifetimes. Ergo one of the reasons we have those very nasty greedy bankers and /or that 1% This populist move against bankers is also his hope for more votes in 2012