What are the chances that he's been black-listed by the Obama administration, and the banks are using any excuse in his credit past to make life in DC hard for him?
-PJ
Why should a guy with that resume have a below average credit score?
Those who can’t do, teach?
No, read his bio line at the bottom of the article—it’s another Stephen Moore.
Sorry—I take that back.
Incredibly, it does seem to be him. Embarrassingly (for him) too.
He must have investments elsewhere that he could use to cover the purchase?
Just hard to believe and the harder to fathom without more detail.
What I’m seeing is that the rules that are in place now
force the banks to give loans to those whose financials show they can’t pay it back,
while prohibiting them from loaning to investors who have
a strong financial track record.