Bush Touts Low - Income Homes Plan

AP ^ | 15 June 2002 | AP

[SBeck]

Compassionate conservatism or vote buying (with our tax payer dollars)? You decide.

[max61]

Nope, no liberal President here.

---max

[abclily]

This is wonderful news! There's nothing like the pride of ownership to turn a welfare-minded citizen into a self-reliant citizen.

[winodog]

Three quarters of whites own their own homes? I find that hard to believe. I bet if you looked at mexicans who have been in this country longer then ten years, the numbers would be close to whitey.

If not for LBJ's great society black home ownership would be much higher as well. After all you cant own a home if you want to collect welfare, food stamps, have your apartment bill paid, etc, etc.

A friend of mine needs a liver transplant and he cannot work to support his family because of his illness. He had to sell his home because he was denied benifits because of the home ownership bit. Meanwhile his neighbor just down the street rents a house, collects welfare, rent is paid and they drive a cadillac.(he drives a old beater) He rants and raves about this every time I see him.

[gorush]

The Contitutional authority for the Feds to do this must be hidden in the eminations coming from one of those pesky penumbras that I always have so much trouble recognizing.

[thepitts]

President Bush pitched a plan to make it easier for black people and Hispanics to become homeowners through government incentives and grants to help on down payments.

All the new bush supporters from mexico are going to need someplace to live.

conservative my ass.

[Twodees]

Clinton's third term is getting hard to take here.

[Cable225]

Compassionate conservatism or vote buying

I think it's a little of both, and as usual, another political salvo fired by GWB.

It's got to be difficult for Gephart, Daschle et al to sell minorities on how the Republicans hate them when the other guy is trying to help you buy a house. And while I agree that we really don't need any more grants, tax breaks for builders and construction companies, or for that matter, tax breaks for anybody is always a good thing.

He's already got the Dems in knots trying to figure out how to attack the welfare/marriage plan. Can't wait to see how they plan to attack this.

"Don't fall for it, stay in the slums!" Yeah, that's sure to be a winner.

[RJCogburn]

Oh, good. Another government program.

Except for 9/11 and related matters, GWB is a rather mediocre President to this point.

[steve50]

I'm getting everything I voted against. What's the old saying.... fool me once, shame on you - fool me twice, shame on me

[steve50]

They are not tax breaks, they are grants. Big difference.

[blackdog]

The only obstacle is bad credit history. The integrity of the pool of mortgage money is holy. What makes it so secure is the fact that it will be repaid. If you introduce a default rate similar to their credit history's indicate, you will get no investment of additional capital from the investor, you will get civil unrest due to the foreclosures(a racial thing ya know), and bank failures. You cannot make someone responsible through home purchase. Dumb idea!

[ikka]

Well, the ones that don't already have a home could try a) showing up at work on time, b) studying harder, c) not dressing like a gangsta, d) save the money they spend on lowered suspensions and shiny rims towards a down payment.

[KDD]

Already posted HERE.

Doesn't seem to bother most of the conservatives here. Must be why there are so few comments on either thread.

[SBeck]

Making most here less than conservative.

[onedoug]

We will, it seems, become a socialist nation, no matter what we want or do.

[KDD]

I am so po'd at the apparent turn of events that I can not begin to articulate my anger and disapointment in Bush.

I will find the words before the next election.

[Mr Rogers]

Please tell me this piece came from the Onion? It is satire, isn't it?

I gave $700 to Bush's campaign - first time I've given a candidate anything. And while I hate to admit it, so far all I've gotten back is permission to lick his boots.

I think blacks tend to own homes in lower percentages than whites due to income differences. The solution? Stop de-valuing an education, stay out of prison, get a job, and work to make enough money to buy a house. (BTW - at 44, I don't own a house...)

If there was reason to believe blacks didn't own homes because vicious whites wouldn't sell to them, then there would be reason for the government to get involved. In the absence of any evidence, this is just using my taxes to buy houses for people who don't pay taxes. And that is wrong.

I've gone from a hard-core GWB fan to not knowing if I'll vote in 2004. But I don't think Rove cares - he figures he can buy more votes than he'll lose from conservatives. Maybe he's right - but I have no respect for a Republican who betrays principle like that!

[rapsux]

I am so po'd at the apparent turn of events that I can not begin to articulate my anger and disapointment in Bush.

I'm with you. I was so relieved when Bush won, but one disappointment after another is taking it's toll as far as I'm concerned.