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To: sickoflibs
(What does that have to do with telling the truth about what Bush actually did on housing loans for minorities?)

You remarked that Bush had both Houses of Congress, implying that it would have been easy for him to reverse an entrenched, very popular program the Democrats has invented.

I told you why this was dead wrong.

Bush did not PUSH the policies. I also told you how he had his Cabinet members go before Congress to try to get reform. There is NO WAY this was going to happen without him losing both Houses much earlier, thus putting the WOT in peril.

32 posted on 06/24/2011 7:37:57 AM PDT by Siena Dreaming
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To: Siena Dreaming
RE :”You remarked that Bush had both Houses of Congress, implying that it would have been easy for him to reverse an entrenched, very popular program the Democrats has invented.

NO, you like to repeat that strawman argument you made up. My argument is one you have no defense for:
Bush had both houses of congress and so could stop his own minority home ownership policies by not promoting them(below):

Bush pushes minority homeownership (FR post | June 15, 2002 | By KATHY A. GAMBRELL)

Bush seeks to increase minority homeownership (FR post USA Today ^ | 1-20-04 | Thomas Fogarty )

President Bush Mortgage Speech 2002(Helping those w bad credit buy houses)

Speaker Hastert Touts Law Closing the Homeownership Gap for Minorities (FR Post Wednesday, October 01, 2003 )

Fact Sheet: Expanding Homeownership Opportunities for All Americans (December 16, 2003 American Dream Downpayment Act of 2003)

35 posted on 06/24/2011 7:57:52 AM PDT by sickoflibs (If you pay zero Federal income taxes, don't say you are paying your 'fair share')
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To: Siena Dreaming; calcowgirl; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; Impy
RE :”Bush did not PUSH the policies.

REALLY?????, what do you call this speech he gave?

GWB 2002 Speech :”We have a problem here in America because fewer than half the Hispanics and African Americans own their own homes. That’s a home ownership gap; a gap that we got to work together to close. And by the end of this decade we’ll increase the number of minority homeowners (future Obama voters ) by 5.5 million families
One of the major obstacles to minority home-ownership is financing. Fannie Mae and Freddy Mac (who I will bail out in 2008) have committed to provide more money for lenders, they committed to meet the shortage of capital available for minority home-buyers. Freddie Mac just began 25 initiatives around the country to dismantle barriers (like income requirements) and create better opportunities for home-ownership. One of the programs is designed to help families with bad credit histories to qualify for home ownership loans (by faking their income) . You don’t have to have a lousy home for first time home-buyers. You put your mind to it the first time low income home buyer can have just as nice a house as anyone else (till those adjustable rates go up).
President Bush Mortgage Speech 2002(Helping those w bad credit buy houses)
40 posted on 06/24/2011 8:12:52 AM PDT by sickoflibs (If you pay zero Federal income taxes, don't say you are paying your 'fair share')
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