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Was the policy of the Republican Party or the foreclosures that caused the economic disaster?
I see several people here blaming Republican Party politics in the last two years for the mess you are in. I hate to say this, but the executions were the driving force behind this problem. banks, thanks to the CRA, they were forced to lend money to people who can not afford a house and got into bad loans. Fannie and Freddie mortgages sold Government insured had no value. So it all comes back to the problems of mortgage loans. Love like you still want to blame Bush for everything.
It foreclosures that led us to this economic mess. Of course, were the liberal policies that executions did occur in the first place but liberals have very short memories and it is easier for them to blame Bush and Republicans instead of accepting responsibility for their own shortcomings. "We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are the life, liberty and the pursuit of happiness. "Home ownership is an inalienable right." We the People of the United States, in Order to form a Union perfect, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general welfare and secure the Blessings of Liberty to ourselves and our posterity, do ordain and establish this Constitution for the United States of America. "It is not the Federal Government's job to provide everyone with a house.
Bank Foreclosure Plans Impact Home Prices
