[BGHater]

I was simply stating that the Gov’t should have no role in creating homeowners. Tax payer money should not be used.

Referring to minorities, I was talking about Pres. Bush's comprehensive Housing reform to created 5.5 Mil minority homeowners.

I don't care what they look like only that they can pay their mortgage and don't need a bailout.

[driftdiver]

“I don’t care what they look like only that they can pay their mortgage and don’t need a bailout. “

So instead of focusing the discussion on minorities it might help to instead focus on giving loans to unqualified buyers.

The Achilles heel of your argument is that these 5.5 million minorities are not the problem. Its the 2% of the American population who got caught with their hand in the cookie jar. Some were taking advantage of the circumstances, others were responsible people just trying to buy a house. Many foreclosures in this round are in this latter category. People who could afford the home at the time but with the downturn can no longer make their payments.