Robespierre

Elizabeth Warren Highlights Washington's Losing Housing Battle

To say that this was done as a way for main street to afford a house is ignorance to the max. Look at who was pushing for de-regulation and you will see why all these "affordable housing" programs were created for. Also, look at who benefits the most by all these remedial "save the home" programs. Also, look at who is having "record earnings" to see who is benefiting the most of. Also, look at who bought the most congressmen in the financial committees. The answer to all of those questions is: The to big to fail CEOs.


On Oct 11 08:45 AM Tack wrote:

> Davidbdc:
>
> You're right on the money.
>
> Washington liberals encouraged, legislated and provided the means
> for vast lending to unqualified buyers, all in its usual vote-getting
> shenanigans. Now, that it's become clear that they inadvertently
> screwed those very same voters by inducing them to buy homes they
> had no genuine ability to afford, the politicians have to cobble
> together a huge giveaway program (funded by the prudent, of course)
> to try to save the very same voting block they duped the first time
> around.