- Didn't say that, but liberals still want to blame Bush for Obama being a failure six and as half years in. But don't put any blame on Clinton eight months into Bush's term.u
Except the Right blames Carter (CRA) 25 years earlier for Bush bursting the housing bubble and then ***** that Bush is blamed for what he is actually responsible for.
Carter started it, Clinton gave it legs, and Bush warned congress about it in 2006. Frank told Bush he was crazy.
There you go, proving my point, blaming a president who was gone for 25 years, another president gone for 7 years, and a powerless minority congressman for Bush's failure while bitching that Bush is being blamed 6 years after he is gone.
I didn't blame Carter, I said he started it.
Clinton thought that everyone should be able to own a home. Even if they couldn't afford it. Bush warned about the housing bubble bust. It was liberals that said he was crazy. The bust actually happened when democrats ran both houses. I do blame Bush for not trying harder to stop it. So I'm not putting all the blame on democrats, like Obama is putting all the blame on Bush. For his failures.
That was Bush, not Clinton, as you well know. It was Bush, not Clinton, who made no doen payment loans to borrowers with bad credit!
USATODAY.com - Bush seeks to increase minority homeownership
By Thomas A. Fogarty, USA TODAY
In a bid to boost minority homeownership, President Bush will ask Congress for authority to eliminate the down-payment requirement for Federal Housing Administration loans.
In announcing the plan Monday at a home builders show in Las Vegas, Federal Housing Commissioner John Weicher called the proposal
the "most significant FHA initiative in more than a decade." It would lead to 150,000 first-time owners annually, he said.
Nothing-down options are available on the private mortgage market, but, in general, they require the borrower to have pristine credit.
Bush's proposed change would extend the nothing-down option to borrowers with blemished credit.