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Hahaha - now I have heard it all. I guess up is down, and down is up. That notion that homeownership should be expanded is a direct outgrowth of the Community Reinvestment Act legislation pushed by Democrats in the late 70s.Blaming that on Bush is ignorance of history (at best).
But dems have never pushed the way as Bush did with Greenspa and Bernanke! Under Clinton, this was NOT a problem!