Las Vegas Sun

October 24, 2014

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Obama’s in town, and the housing crisis is on his lips

Democratic Presidential candidate Barack Obama is in town for a pair of stops today, his first visit since the the days leading up to the January caucus.

His first stop: to Northeast Las Vegas, where he discussed the foreclosure crisis with Felicitas Rosel and Francisco Cano. The couple, who are Culinary members employed at the Bellagio, are struggling to make payments on their adjustable-rate home mortgage.

Obama told them that he is working to pass legislation to help people like them renegotiate their mortgages with the Federal Housing Authority.

He said the problem was caused by lack of regulation.

Obama has now motorcaded to College of Southern Nevada, where he'll be holding a town-hall meeting before an invitation-only audience.

If there's been any news so far, it's that Las Vegas motorists need to get used to the sight of police-escorted motorcades. This morning, motorists -- unwitting or not -- worked their ways into the line of VIP vehicles and had to be shooed away by cops.

We'll be seeing more of these motorcades because of Nevada's importance in the presidential race, so get used to it, folks.

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