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  • Buy a Home, No Money Down!

    12/19/2010 8:32:46 PM PST · by logician2u · 25 replies · 1+ views
    Fox Business ^ | 12/19/10 | John Stossel
    My new special – Politicians’ Top 10 Promises Gone Wrong – airs again tonight. One of their failed promises is that if government fosters home ownership, that will benefit most everyone. President Clinton even claimed: “Our homeownership strategy will not cost the taxpayers one extra cent.” Bush was on board: “We want more people owning their own home. It is in our national interest.” Most politicians agreed. But those conceits, like so many others, went horribly wrong. When the housing bubble popped and millions lost their homes many blamed greedy bankers. Senator Bernie Sanders complained that: “Outrageous greed, recklessness and...