Upon review the government Troubled Asset Recovery Program (TARP) falls short in many areas. Mr. Paulson bragged that President Bush never contested anything he (Paulson) said. Nothing proposed was overridden. What was not accomplished, however, says much about both men. There was no proposal to fund, help, or bail out retired or active duty military. There was no proposal to immediately assist the elderly, or said another way, those receiving social security benefits. No programs were created or funded to assist those retired from government service. No thought was given to those who supported, defended, and continue to support this country. Mission accomplished? I think not.
Short sightedness is a travesty
To overlook those who already receive federal benefits reflects poorly on Bush, Paulson, and those who advise them. This short sightedness on the part of our Commander-In-Chief is a travesty, primarily because we are still at war. It would be a travesty even if we were not.
Often President Bush said “I’m proud to be your Commander-in-Chief. And so I welcome you to the Rose Garden.” Mr. Bush – you should act like it, if the words are really true. In the future will President-elect Obama consider retirees, seniors, and social security recipients in the manner expected from our President? We shall soon see.
Why were seniors and military overlooked
To let this group suffer with foreclosure is a travesty. Senior citizens are not young enough to recover. Soldiers, Sailors, Airmen and Marines medically retired with injuries such as traumatic brain injuries will not rebuild and carry on. Why did our government fail to recognize this sector? Why is our government so willing to rescue banks and investors, and insurance companies, while overlooking those who receive retirement and disability checks from the treasury?
I think the answer is obvious. Nobody cared to think about them. No one has the moral courage to recognize one group above another. How can someone forget their own mother or father? How can our leaders focus on the forest without seeing the trees?
Who would dare complain
Public outcry is unthinkable, and is not an excuse. What man or woman would have the courage or conviction to speak out against the elderly? Social Security recipients of all ethnicities, religions, gender, and political affiliations would benefit. It is not the time in one’s life to lose their home. There never should be such a time in any man or woman’s life, but certainly not for the elderly. TARP should refinance these people now.
For military retirees, all of whom receive a monthly retirement check from the government, I propose a program that would fund a new mortgage for their homes immediately, either through the Veterans Administration or HUD. Consider it a case study. See who sold mortgages to these brave men and women. Examine those mortgages for illegalities. Study the causes for foreclosure, but stop foreclosure immediately. To do less than that is to ignore those who swore to uphold, protect, and defend America.
The Statue of Liberty embodied America’s promise as well. “Give us your poor, your tired, your huddled masses longing to be free…”
This is my first editorial of 2009. This year I will continue to fight the good fight on behalf of everyone, but I will ask our government why these two groups were overlooked. I will initiate a proposal within the Department of Defense, Veterans Administration, and Social Security Administration to set aside funds from the TARP program specifically for senior citizens and military retirees. We shall not sacrifice those who cannot defend themselves against foreclosure. To do so would be unthinkable. Failing to protect one’s elders is unthinkable, unacceptable, and beyond comprehension.