Skip to comments.Biden Gaffe: Letting Foreclosures Occur Would Be "Quickest Way" To End Crisis Is "Right" (audio)
Posted on 01/23/2012 9:48:37 AM PST by i88schwartz
Biden on the housing crisis: Im going to make a raw political statement here. A guy like Romney is a good guy, hes a decent honorable man, and I admire his family, but what he doesnt understand is that we look at the foreclosure rate in the country like somebody going to bed tonight. They stare at the ceiling wondering if theyre going to be in that house a month from now, and what can we do to help? They [Republicans] look at it from a purely economic standpoint. The best thing to get the housing market back up is to let the foreclosures occur, let the bottom fall out, start to clean up. Its sort of Darwinian, survival of the fittest out there, and they are right. It would be the quickest way to do it, but what they dont understand is there are tens of thousands, hundreds of thousands of people, who, through no fault of their own, are in that spot. I think in those circumstances, the government has a responsibility to give these people a leg up.
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Of course that is correct, but note how the 'Rat rejects common sense.
Ahhh yes, let the Government step in and make it all better Joe Bonehead Biden. Forget responsibility. Dems rather they be beholden to the Gov’t.
Yikes, visions of McCain saying much the same about Hussein. As if I need another reason not to vote for Mitt.
I'm sorry, wasn't it making sub-prime loans to people who could not afford a mortgage the start of the problem? "No fault of their own" my ass, Joe.
Well Joe, if you and the other Dems didn’t con these people with the CRA to “buy” homes they couldn’t afford, they wouldn’t be losing sleep today.
At least Joe was correct the other day when, in San Fran, he said the Giants were going to the Super Bowl (yes, I know - he thought the NFL team in SF were the Giants when it’s their baseball team).