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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (277538)	3/1/2006 2:17:23 PM
From: Road Walker	Respond to of 1572107

re: JF, why don't you also claim that Bush made houses unaffordable for most first-time homebuyers? Because he didn't. re: Of course, you'd also have to ignore the bigger picture, but that's no different than what you are doing when you claim that Bush has made terrorist groups "stronger." I'm not ignoring the "bigger picture", you are. John

To: Tenchusatsu who wrote (277538)	3/1/2006 4:26:20 PM
From: American Spirit	Respond to of 1572107

Bush had nothing to do with the housing market except tax breaks for rich developers. It was Greenspan who lowered interest rates all the way down to the ground. Why Greenspan did it for Bush and not other presidents is a mystery, but he did Bush the ultimate favor. He propped up his economy for years. Now that the real estate bubble looks like it's popping or deflating, look out below. A lot of people bought near the top with little money down. A lot of those homes will be foreclosed on. And in the meantime, Bushies have made sure the banks have liberal laws for grabbing personal assets, unless you're rich, then you're protected against the banks. See how Bushies think? All about fleecing the middleclass but making them believe you're helping them.