Of all the things one might say about Charlie Crist, I can't say he doesn't know the value of the press conference. That's about all I can say when it comes to his foreclosure moratorium, but the story in the Miami Herald says it as well.
Sanchez thanked the governor for his "compassionate leadership at this time" but suggested that, with or without Crist, Florida banks planned to halt foreclosures anyway because they don't want to get saddled with too much property or too much bad debt....So Crist gets credit for pushing for the moratorium, even though it's unclear just how many people will benefit from it and banks were going to do it anyway because it's in their best interest to do so. That's leadership we can believe in, all right.
"While we eagerly await more details, recent history has shown that voluntary measures have fallen fall short of addressing the enormity of the foreclosure crisis Florida faces," ACORN organizer Paul Griffin said in a written statement.
"We appreciate that the industry has delayed the crisis but now they need to help us solve it." Orlando Democratic state Rep. Scott Randolph, whose wife is an ACORN organizer, found greater fault with the proposal, saying in a written statement that "what they have offered Floridians is not relief, but rather vague promises made by unspecified lenders. Forty-five days is not a long enough moratorium; it doesn't include those families already in foreclosures; and today's press conference left Floridians wondering if their bank is even included in the offer."
Now, if he wants to tackle a real problem, he might look into the jump in bankruptcies over last year.