[HiTech RedNeck]

Barack pocketed 23 grand? Chicken feed.

There is an evil genius behind this and it’s supernatural. It’s not even Barack.

[doc1019]

How Obama Bankrupted Black Homeowners

Must have been his white half that did this.

[WVKayaker]

[TigerClaws]

Shakedown artist.

[who_would_fardels_bear]

This is how "good intentions" lead to bad results.

Obama and his fellow community organizers basically invited poor minorities to form the bottom of the pyramid just before the pyramid collapsed.

[Batman11]

PFL

[Pontiac]

Obama argued such facts miss the point: that Citibank's neutral underwriting criteria may have adversely impacted his clients as a class of people.

Banks do not loan to classes they loan to individuals.

[sickoflibs]

Obama had help from someone who had pull at the time as POTUS:

Bush home Ownership links:

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 )

GWB 2002 Speech :”More and more people own their homes in America today. Yet 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)

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)

Compassional conservative was proved to be a huge failure under Bush as all those minorities voted Democrat by 2008 after they lost all those homes promoted above.

[chainsaw]

The chickens will always come home to roost and lay eggs.

[Incorrigible]

Bump