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To: Mr. K

“Bush AND McCain tried to fix the housing crisis BEFORE it happened (in 2006) only to be beaten down by the Democraps in Congeress.[sic]”

Perhaps they did give a half-hearted attempt, enough to make it appear they were. Bush was the POTUS, said to be one of the most powerful positions on the planet. But what role did Bush play in the beginning, before he “tried” to rein in fannie and freddie, finally realizing what he had, at least in part, created?

http://georgewbush-whitehouse.archives.gov/news/releases/2002/06/20020617.html

It will be a hard sell, to convince many, Bush didn’t have a role in this crisis. He absolutely did.

As for giving your money to the GOP. If you like Sarah, should she determine to run, give it directly to her. Your donations to the GOP gave you (us) McCain, and now, from all appearances, the GOP will be backing Romney. So, you may as well donate directly to Romney. Same difference.


59 posted on 06/15/2011 7:07:01 AM PDT by takenoprisoner (Repeal the 16th amendment . Send Islam packing to their homeland.)
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To: takenoprisoner
The American Dream Downpayment Initiative (ADDI) was signed into law on December 16, 2003. The American Dream Downpayment Assistance Act authorizes up to $200 million annually for fiscal years 2004 - 2007.

ADDI Funding Status

In FY 2007, Congress appropriated $24,750,000 for ADDI. Previously, Congress appropriated $74,513,000 in FY2003 and $86,984 in FY2004, $49,600,000 in FY2005 and $24,750,000 in FY2006. ADDI provides downpayment, closing costs, and rehabilitation assistance to eligible individuals. The amount of ADDI assistance provided may not exceed $10,000 or six percent of the purchase price of the home, whichever is greater. The rehabilitation must be completed within one year of the home purchase. Rehabilitation may include, but is not limited to, the reduction of lead paint hazards and the remediation of other home health hazards. Eligible Customers http://www.hud.gov/offices/cpd/affordablehousing/programs/home/addi/

66 posted on 06/15/2011 7:46:56 AM PDT by anglian
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To: takenoprisoner
I am not saying Bush was not weak and ineffective on this, he certainly was less conservative as a president than I hoped.
79 posted on 06/16/2011 4:26:36 AM PDT by Mr. K (CAPSLOCK! -Unleash the fury! [Palin/Bachman 2012- unbeatable ticket])
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