On Oct 16, 6:58*pm, "HeyBub" wrote:
Home Guy wrote:
Allen Drake wrote:

Until the right wingnut hacks got a hold of this counrty. Now the US
of A will never be the same.

Pitty.

That's what you get for electing a borderline mentally handicapped
person (George Bush) for your president. *Twice no less.

When you go off invading countries countries in the middle east and
call it a "war" and spend trillions of dollars on foolhardy escapades
like that, you get a country in pitty-full shape.

Bush's strategery worked out real well, as did Rumsfeld's known
unknowns and Cheney's secret energy meetings.

How did Bush's push for increased home-ownership rates pan out?

Bush never pushed for greater home ownership rates. You're thinking of the
Community Reinvestment Act, originally passed under the Carter
administration and greatly expanded in 1995 under Clinton.

This act, and its implementation, was the single greatest cause of the
housing crisis.

Totally wrong. The act and its implementation was that people who
would normally qualify for mortgages could not be denied a mortgage
just because they lived in a redlined area, being an area that a
lender had arbitrarily decided that they would automatically refuse.
lenders still had to verify that the loan where economically valid.