Barack Obama actually said...

"The president clearly understands the political and practical dynamic here. His rollout of the mortgage rescue plan included a section on who he will not save."

"This plan will not save every home. But it will give millions of families resigned to financial ruin a chance to rebuild. It will prevent the worst consequences of this crisis from wreaking even great..."

"President Obama argues that the plan is going to help people who are current on their mortgages and are paying and doing all the right things because if they are living next to a house that's been for..."

"Nothing's worse for a neighborhood, even for the good guy paying on time than to have foreclosures in their neighborhood. It's terrible for real estate values."