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

To: HPilot who wrote (425418)	10/13/2008 11:35:38 AM
From: michael97123	Read Replies (1) \| Respond to of 1575183

sure

To: HPilot who wrote (425418)	10/13/2008 11:42:09 AM
From: Road Walker	Read Replies (1) \| Respond to of 1575183

Total BS the economy is no shambles because regulations required and allowed sub prime loans to poor people who cannot afford them. Do you have a link to prove that the majority on non performing mortgages were taken out by "poor people"? Or is that something you assume?

To: HPilot who wrote (425418)	10/13/2008 12:07:42 PM
From: bentway	2 Recommendations Respond to of 1575183

You do know that Bush is president, and in charge of the executive? It's the executive that's in charge of the day to day functioning of the government, including ENFORCING REGULATIONS or not. whitehouse.gov "# Expanding Homeownership. The President believes that homeownership is the cornerstone of America's vibrant communities and benefits individual families by building stability and long-term financial security. In June 2002, President Bush issued America's Homeownership Challenge to the real estate and mortgage finance industries to encourage them to join the effort to close the gap that exists between the homeownership rates of minorities and non-minorities. The President also announced the goal of increasing the number of minority homeowners by at least 5.5 million families before the end of the decade. Under his leadership, the overall U.S. homeownership rate in the second quarter of 2004 was at an all time high of 69.2 percent. Minority homeownership set a new record of 51 percent in the second quarter, up 0.2 percentage point from the first quarter and up 2.1 percentage points from a year ago. President Bush's initiative to dismantle the barriers to homeownership includes: * American Dream Downpayment Initiative, which provides down payment assistance to approximately 40,000 low-income families; * Affordable Housing. The President has proposed the Single-Family Affordable Housing Tax Credit, which would increase the supply of affordable homes; * Helping Families Help Themselves. The President has proposed increasing support for the Self-Help Homeownership Opportunities Program; and * Simplifying Homebuying and Increasing Education. The President and HUD want to empower homebuyers by simplifying the home buying process so consumers can better understand and benefit from cost savings. The President also wants to expand financial education efforts so that families can understand what they need to do to become homeowners. "