Posted on 09/30/2008 6:55:09 AM PDT by RDasher
Unbelievable video of Bush promoting zero down loans for minorities....
Yeah, I knew Bush had addressed this. The ADDI 2003 was the Bush version of the pile on when it looks good. Busha lso gave a speech where he was crowing about home ownership being super high and how good that was.
Bush has gone around the bend. Poor people should have mansions too, even if they cannot afford it. Uncle Sam will pay.
It’s up to the voters to rescue America. Free market solutions are the only solutions.
Hadn’t seen that...good to know.
It cannot be denied that in many aspects, the Bush presidency has been a disaster....he still sucks less than the democrats, but not by much.
Are their any honest leaders left in the Gov’t?
Now we know why McCain and Bush have not attacked the Democrats for the Fannie and Freddie problems.... Bush's finger prints are all over this thing as well.
Now we are allowing them to hang this TOTALLY around our neck. Where is Bush's outrage at Nancy going off on him in front of the world...right after she is arm in arm with him on this bill? There was none.
This is what happens when we elect people like Bush (and maybe McCain) who think they can "work" with the other side of the aisle. Maybe after 2 years of Obama and 2 years of a dem controlled congress...the GOP will grow a set...implant a spine...and a REAL leader who does what is RIGHT will emerge. One who stands tall...rather than tries to sit around a campfire and sing cumbaya.
mortgage...from the French..death pledge
Why would i pledge unto death to repay something that i have no stake in?
a mortgage is a farce without a DOWNPAYMENT, because without one, i have nothing to lose.
More and more people own their homes in America today. Two-thirds of all Americans own their homes, yet we have a problem here in America because few than half of the Hispanics and half the African Americans own the home. That's a homeownership gap. It's a -- it's a gap that we've got to work together to close for the good of our country, for the sake of a more hopeful future. We've got to work to knock down the barriers that have created a homeownership gap.
I set an ambitious goal. It's one that I believe we can achieve. It's a clear goal, that by the end of this decade we'll increase the number of minority homeowners by at least 5.5 million families. (Applause.)
Tell us how that's different from what Fannie and Freddie did? They did what Bush directed: Make homes affordable to the poor.
No one paid any attention to the ADDI 2003, the final chapter in the failure. It is becoming increasingly clear it is a minority meltdown ... And very likely a huge percentage of it due to loans to illegals. Now do we have the last piece, why AMNESTY was so important.
ADDI stands for American Dream Downpayment Initiative — No money down, interest only loans. Now America’s nightmare.
I can’t watch as I am behind a firewall.
Anything said by Bush after 2003?
The point is that every time you advocate liberal, race based democrat policies, you get failure. Bush “reached across the aisle” and advocated against common sense.
These policies are democrat ideas. I don’t see any democrats defending Bush for his championing of their policies.
I wonder if Franklin Raines was sitting there in the audience that Bush was addressing.
No....we got to HIDE the truth. /sarcasm
I swear....some republicans can be such hypocrites at times. If the president had been a dim...this poster would have been wanting to scream it from the church steeple. We accuse the dems of the same bias...yet we are willing to exhibit it? Truth and honesty will set you free.
I told folks weeks ago Bush was up to his eyeballs in this shite too and got lambasted for it.
and I used to LOVE Bush
They are going to push the bailout, nothing else.
Very revealing video!
The point is that every time you advocate liberal, race based democrat policies, you get failure. Bush “reached across the aisle” and advocated against common sense.
These policies are democrat ideas. I don’t see any democrats defending Bush for his championing of their policies.
I wonder if Franklin Raines was sitting there in the audience that Bush was addressing.
Yeah I supported Bush too, but I must have missed this episode. (Some people work.) LOL
Cuomo's predecessor, Henry Cisneros, did that for the first time in December 1995, taking a cautious approach and moving the GSEs toward a requirement that 42 percent of their mortgages serve low- and moderate-income families. Cuomo raised that number to 50 percent and dramatically hiked GSE mandates to buy mortgages in underserved neighborhoods and for the "very-low-income."
Snip
That June Post story focused its critical reassessment of HUD's affordable-housing goals on the department's 2004 decision—during the Bush re-election campaign—to juice them up again, pushing the target to 56 percent by 2007.
If you watch and listen to the talking heads(Hannity,Rush,etc.,,)they are still doing their damn best to hide these facts.They're still pointing to the other side and ignoring the plank in their own eye.Still carrying the water.
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