"ACORN called this their “proudest moment.”"
"these new laws will actually make it much harder for these individuals to purchase housing due to the fact that they, in many cases, are unable to qualify for traditional mortgage financing and builders and investors will now be less inclined to offer lease-options or ‘rent-to-own’ scenarios as a purchasing alternative under these new laws."
Gov. Rick Perry's Remarks Regarding Countrywide Financing
Tuesday, December 14, 2004
"...Today we are not only building upon the Enterprise Fund’s tremendous record of creating jobs, we are unveiling its crowning jewel. I am proud to announce that the state of Texas is investing $20 million from the Texas Enterprise Fund to help Countrywide Financial bring 7,500 additional jobs to Texas over the next 6 years. This is the largest job creation announcement in the United States since 2000 according to Site Selection Magazine, and proof that the Enterprise Fund is a key reason Texas is leading the nation to economic recovery. You can consider the Countrywide expansion to be “Exhibit A” as to why we need to continue to invest state dollars in the Texas Enterprise Fund..."
http://governor.state.tx.us/news/speech/10202/
Meanwhile...
"Perry began investing his considerably higher salary in land around Austin, getting in just before the housing boom sent Sun Belt real estate values skyrocketing. By 2007..."
http://www.freerepublic.com/focus/f-news/2773449/posts
Amazing the EPA didn't fine folks for the smoke coming from... The Great Texican Mortgage BBQ.