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To: grundle
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.

12 posted on 09/03/2012 10:50:45 PM PDT by sickoflibs (Romney is still a liberal. Just watch him. (Obama-ney Care ))
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To: sickoflibs

Yep, not only didn’t Bush and the Republican majority Congress take action to prevent the crash, they actually contributed to making things worse.

While they were doing this, there was a rogue crew on Free Republican who was shouting down anyone who dared to take Bush to task on anything.

Bush, the Republican majority Senate and House, as well as blinded Republicans were all pushing for policies that would usher in Barack Obama as president.

Now you’ve got some folks doing the very same thing right now with Romney. If you dare speak truth, you’re trashed as being an operative of Barack Obama and the DNC.

The ground is being set, to give cover to Romney no matter what he does after he is elected, if he should be. I do expect him to be.

It is absolutely imperative that we avoid giving cover to Romney if he does Leftist things. People need to admit to themselves what that cost us during the last administration, and the need to avoid a repeat under Romney.

I can think of at least one person here right now, who has been vicious towards those who speak truth about Romney.

That is a massive mistake.


13 posted on 09/03/2012 11:23:54 PM PDT by DoughtyOne (Americans want what Americans always wanted: Better lives for families; little government authority.)
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