Posted on 05/01/2009 8:51:06 PM PDT by sickoflibs
GWB 2002 Speech :”More and more people own their homes in America today. Yet we have a problem here in America because fewer than half the Hispanics and African Americans own their own homes. That’s a home ownership gap; a gap that we got to work together to close. And by the end of this decade we’ll increase the number of minority homeowners (future Obama voters ) by 5.5 million families. “
“One of the major obstacles to minority home-ownership is financing. Fannie Mae and Freddy Mac (who I will bail out in 2008) have committed to provide more money for lenders, they committed to meet the shortage of capital available for minority home-buyers. Freddie Mac just began 25 initiatives around the country to dismantle barriers (like income requirements) and create better opportunities for home-ownership. One of the programs is designed to help families with bad credit histories to qualify for home ownership loans (by faking their income) . You don’t have to have a lousy home for first time home-buyers. You put your mind to it the first time low income home buyer can have just as nice a house as anyone else (till those adjustable rates go up). “
video at : economic crisis president bush mortgage speech
No, your last reply was non-sense. Shows you type while knowing nothing. My not letting you Bush defenders like you get away with untruths, especially after two lost elections, has nothing to do with what democrats are doing now. In fact it’s you and Bush that turned ‘republican’, ‘conservative’, ‘free market’ and ‘capitalism’ into national jokes by misrepresenting them, letting Obama and Pelosi have a free pass since 2007. GOT IT???
You all bad man! All bad man! Dem enablers - rwaaahhhrrr!! Me type bad - make no sense - make no friend (sniff)
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