George Bush: we want everybody in America to own their own home. That's what we want.

George Bush: we want everybody in America to own their own home. That's what we want.

Thanks George!


source: http://www.whitehouse.gov/news/releases/2002/10/20021015-7.html#
Video source: rtlz.nl

Category:

News & Politics

Tags:

• George
• Bush
• America
• housing
• bubble
• debt
• Fannie
• Mae
• and
• Freddie
• Mac
• Hispanics
• half
• African
• Americans
• mortgage
• slave

[lisabob22]

Actually Reagan policies are directly responsible for all of our financial problems today. Clinton didn't help, but until the parasites in the top 5% stop getting a unhealthy share of the wealth labor creates, then we will continue to have problems. It's Republican's socialistic transfer of wealth from most of us to the top thats is causing all of our problems now. The last time the gap was so high we had a great depression, which was caused by the same Republican policies.

[Bub26]

free houses for everybody! and not just crappy homes, but mansions for everybody!

put your mind to it and you can fly. i bet when bush was a child he put on a superman costume, jumped off the roof and landed on his head. you know this happened and explains a lot.

[holla221]

LOL! But for some odd reason Fox News doesn't blame any part of the real estate depression that caused this economic mess on President Bush. They place the entire blame on none other than Jimmy Carter LOL! He deserves some of the blame too but wow I'm shocked Bush was not blamed for the housing crises at all.

[profnasty]

When we figure out how to compete against $5/day foreign workers, we'll be all right. "Is our children learning?"

[RequiemForChange]

funny...cause now they are taking everyones homes.

[mediaxpuppet]

interesting. on my way to home ownership (first time) via a Fannie Mae loan.

[jonhdoehe1]

@lisabob22

I kinda like your post because it looks like you studied this a bit more than most. But funneling money from the lower class to the rich is not socialism, it's fascism. Anyway, political parties are irrelevant these days. Just take a look at the top 10 campaign contributors to any presidential candidate and you will realize the bankers are just putting on a puppet show for us.

[lurchutube]

@bluekarma Bush fought successfully to loosen the CRA rules for banks and fought successfully to loosen the subprime requirements per the requests by his masters in the financial industry. That's why subprimes went from 13% of all mortgages in 2000 to 20% in 2004, which is a huge increase considering the size of that industry. Now, with a Repub dominated House and Senate, are you saying Bush could get the Patriot Act passed unread but not handle F&F if he really wanted??

[lurchutube]

@limppimento55 Holy criminey! Clinton was the one who got tough on welfare! Nobody, Repub or Dem, before him was able to pass welfare reform. Look it up.

And nobody loves subsidies more than Bush and the Repubs. Take a look at any major bill during the Bush era - guaranteed it was not fully funded and the majority of the benefits went to special interests, which is what is really destroying our nation. Social safety nets strengthen nations.

[Gracelandification]

@formalcon9

.

A President's debt is counted by the year they were President. I know that Obama tries to make you believe that the $3.7 Trillion he spent was Bush's fault, but it wasn't.  Now, Clinton did not leave a surplus, because every year he was in office the Treasure reported a deficit. I have the links on my profile. Also, the debt when he took office was $4.1 Trillion and when he left it was $5.7 trillion implying a $1.6 Trillion debt.