Reporting Tim Kephart
Legislative Session Coverage
MIAMI (CBSMiami) – President Barack Obama inherited one of the most depressed housing markets in U.S. history especially in Florida. As he starts his re-election campaign, Floridians are saying he still hasn’t done enough to help them or punish Wall Street.
According to a new Public Policy Polling survey, 50 percent of Floridians disapprove of the way President Obama has handled the mortgage crisis, compared to 36 percent who approved of the housing debacle.
Still, nearly 70 percent of the voters “strongly or somewhat” agreed that the economic crisis was “at least partially the result of criminal actions by Wall Street executives, according to the PPP poll.
Breaking those numbers down further, 66 percent of independents, 57 percent of Republicans, and 69 percent of the Democrats agreed that criminal acts from Wall Street led to the crisis.
The poll was conducted for Democratic groups who want more accountability for the banks that sparked the Great Recession. To date, no major CEO has been charged with any wrongdoing by the Securities and Exchange Commission or the Justice Department.
“The President should heed the message independent voters are sending and show stronger leadership on housing,” said Nish Suvarnakar, campaign manager for Campaign for a Fair Settlement. “Obama can help homeowners, his campaign and the overall economy by more aggressively pursuing banks’ criminal acts and supporting meaningful solutions for underwater homeowners.”
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