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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (139939)	10/3/2008 3:29:50 PM
From: JeffA	1 Recommendation Respond to of 173976

when she blamed people for buying 300K homes when they should have bought 100K homes? That's what should have been said.

To: Lizzie Tudor who wrote (139939)	10/3/2008 3:37:33 PM
From: one_less	2 Recommendations Read Replies (1) \| Respond to of 173976

THEY ... were the Clinton Administration who went to ridiculous lengths to increase the national homeownership rate in a reckless manner. She shouldn't have pulled her punches on that one. From "The National Home Ownership Strategy: Partners in the American Dream" 1994 The wording for what has been called the 'seeds of disaster': "For many potential homebuyers, the lack of cash available to accumulate the required downpayment and closing costs is the major impediment to purchasing a home. Other households do not have sufficient available income to to make the monthly payments on mortgages financed at market interest rates for standard loan terms. Financing strategies, fueled by the creativity and resources of the private and public sectors, should address both of these financial barriers to homeownership."

To: Lizzie Tudor who wrote (139939)	10/3/2008 4:16:02 PM
From: geode00	1 Recommendation Respond to of 173976

PALIN: Yes, I would have. But here, again, there have -- there have been so many changes in the conditions of our economy in just even these past weeks that there has been more and more revelation made aware now to Americans about the corruption and the greed on Wall Street. We need to look back, even two years ago, and we need to be appreciative of John McCain's call for reform with Fannie Mae, with Freddie Mac, with the mortgage-lenders, too, who were starting to really kind of rear that head of abuse. And the colleagues in the Senate weren't going to go there with him. So we have John McCain to thank for at least warning people. And we also have John McCain to thank for bringing in a bipartisan effort people to the table so that we can start putting politics aside, even putting a campaign aside, and just do what's right to fix this economic problem that we are in. It is a crisis. It's a toxic mess, really, on Main Street that's affecting Wall Street. And now we have to be ever vigilant and also making sure that credit markets don't seize up. That's where the Main Streeters like me, that's where we would really feel the effects.