Hey cut and paste Bear, here's some material about BUSH's housing initiatives for ya'
May 17, 2002. Bush states:
"Freddie Mac will launch 25 initiatives to eliminate home ownership barriers. Under one of these consumers with POOR CREDIT will be able to get a mortgage with an interest rate that automatically goes down after a period of consistant payments. I'm serous about this, this is a very important initiative."
September 24, 2008 Bush states:
"Financial assets related to home mortgages have lost value during the house decline, and the banks holding these assets have restricted credit. As a result, our entire economy is in danger.
I'm a strong believer in free enterprise, so my natural instinct is to oppose government intervention. I believe companies that make bad decisions should be allowed to go out of business".
OF COURSE his natural instincts were not that of a leader, but of a follower, so he bailed his mortgage gambling bank buddies out-result:banks got paid back their gambling debts, home owners and the AMERICAN PEOPLE and our economy got screwed.
OH GEE WHIZ, when you see the two quotes together, it's a borderline admission of guilt isn't it? Hey Beare, cut and paste away !!! I did a little of that myself!!! LOL.
and you CONS want to blame President Obama, that's why you are CONS. Thank GOD your party is powerless now. I think you CONS did enough damage to this country for one lifetime. Now be gone, scat, git' outta here...scoot...I hear it's happy hour at the Congressional Pub, Boehner will be there chain smoking. Hit him up for a shot'n'a beer....