???
Did Bush insist on strong-arming banks which didn’t give out enough bad loans
???
I agree with the following response to the video
*****************
You’ll notice that Bush wanted money for “BUYER EDUCATION”
Bush said that borrowers should be educated
a. so they could avoid predatory lenders and
b. so that they could know “how much house” they could afford.
1. Why were people given LARGER loans than they could afford?
2. Why did the Democrats obstruct the oversight reforms Bush called for?
*********
I think Bush was basically naive about how such programs are managed. I also don’t think there are predatory lenders. I have not seen any examples of that.
My last home loan was a ‘no doc loan’, but that might of had to do more with the fact I put 65 percent down. ;-)