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Politics : Formerly About Advanced Micro Devices
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To: combjelly who wrote (460455)3/6/2009 6:45:05 PM
From: TimF1 Recommendation  Read Replies (1) of 1574098
 
Politicians have pushed home ownership for decades. Its not just the CRA, the CRA is just one, somewhat important, piece of the puzzle, there are a lot of others, even if your only considering government pushing of home ownership.

His goal wasn't necessarily to put poor people in houses, his goal was to privatize SS and the "ownership society" was the vehicle.

His goal was not to do anything that could reasonably be called privatizing social security. The only way to privatize social security is not to have it, privatizing it would be people saving money themselves, not a government program.

In any case its not exactly very relevant to the housing situation, or the current recession.

And it was under Bush that most of the weakening in standards occurred.

To use your own words "Lots of handwaving. Not much in the way of facts and figures."
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