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To: Bobkk47
The smoking gun. The Clinton administration was behind this fiasco.

And what did Dubya do to put an end to this?

That's an honest question.
He may have tried, but I failed to hear about it in the MSM
(maybe they just didn't report it!)

Current reading in The Wall Street Journal simply quotes Dubya
as saying there was a place for government to help people into
homes (in 2004)...
with an accompanying quote from McCain in 2008 saying the government
shouldn't guarantee any home loan unless the buyer is putting down
a substantial down-payment.

I respect Dubya for all he's done to protect the country.
But on the issue of the mortgage debacle, he seemed to be a
cheerleader, surely with all the good intentions and faith in
the average Joe/Josephine to utilize these loans to good advantage
in getting into a house and eventually building equity.

Maybe in this one mess, Dubya had TOO much faith in his fellow citizens.
97 posted on 09/20/2008 7:06:26 PM PDT by VOA
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To: VOA

See post #15


102 posted on 09/20/2008 7:26:15 PM PDT by arbee4bush (Our Airman Daughter KB4W--Hero, Patriot and the Love of her mom & dads life! RIP Tony Snow)
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To: VOA

Well, Bush tried to stop it in 2003 but the Democrats shot him down:

http://www.freerepublic.com/focus/news/2086850/posts?

And McCain tried in 2005, but the Democrats shot him down too:

http://www.freerepublic.com/focus/f-news/2086670/posts


105 posted on 09/20/2008 7:30:07 PM PDT by Jim Robinson
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