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To: lonestar67; sickoflibs; Liz
Are there any other known political advocates of reforming mortgage application processes? I have identified one— George W. Bush. Can you identify others?

La Raza, LULAC, and the NAACP.

They all appreciated GWB's "reforms" to eliminate those "barriers" to mortgage lending... like the barrier of having any money, or having lousy credit history. HURRAY for Prez Bush!

Oh, yeah... and the builders and lenders loved it too. More customers!

And the illegal aliens loved it too... construction jobs and free houses!

128 posted on 05/02/2009 8:43:59 PM PDT by calcowgirl (RECALL Abel Maldonado! - NO on Props 1A 1B 1C 1D 1E 1F)
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To: calcowgirl

laraza lulac and naacp

You know that those groups opposed the reforms and sided with Barney Frank.

You disappoint me with this argument.

Those groups want anyone to get a loan and they hope the loans never get paid back.

That is not the Bush administration position. This is not pie in the sky. Study the 17 arguments I presented on the internet in fuller context. The same reforms had already been implemented in Texas. These probelms were highly isolated geographically.

Yes the builders loved it— I have no problem with that. I do have a problem with illegal aliens buying houses.


129 posted on 05/02/2009 8:46:55 PM PDT by lonestar67 ("I love my country a lot more than I love politics," President George W. Bush)
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To: calcowgirl; lonestar67; sickoflibs; Liz
Oh, yeah... and the builders and lenders loved it too. More customers

It was a great strategy to get past an election at any cost. Boom the economy to no end w stimulus, when it crashes we can depend on Bush-bots like lone-bush-bot to blame it on everyone else but Bush. Take the credit, pass the blame. Except voters wouldnt buy it. I wonder why?

lone-bush-bot has no principles, only loyalty.

130 posted on 05/02/2009 8:57:04 PM PDT by sickoflibs (Bush-bot/Obama /Pelosi,Theme : "A dollar borrowed or printed is a dollar earned!")
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