#1 Turkey is......the politicians who in their attempt to buy votes brought out the Clinton era mantra of "everyone needs a home, it is the American Dream" and then went out a turned a blind eye to Freddie and Fannie accepting unempoyment benefits and food stamps as plausible income streams to be used as justification for a 100% financed loan.
Dodd, Frank, Schumer, Raines, all then tried to cover up and direct attention away from what they knew was happening but could not do the right thing any more than an addict can do the right thing, had to get votes !!! If we keep people in houses that can not afford them using certian governement payments(unempoyment, food stamps, aid to single mothers) then they will have to vote for us because the mean republicans would cut off benefits and they might lose the house.
Bush also bought into the idea as did most all politicians, we all know that real estate values ALWAYS go up, so what is the big problem.....
-
#1 Turkey is......the politicians who in their attempt to buy votes brought out the Clinton era mantra of "everyone needs a home, it is the American Dream" and then went out a turned a blind eye to Freddie and Fannie accepting unempoyment benefits and food stamps as plausible income streams to be used as justification for a 100% financed loan.
Nov 27 12:03 pm
|Rating:
0
0
All Comments by User666777 »Top Turkeys of 2008 [View article]
Dodd, Frank, Schumer, Raines, all then tried to cover up and direct attention away from what they knew was happening but could not do the right thing any more than an addict can do the right thing, had to get votes !!! If we keep people in houses that can not afford them using certian governement payments(unempoyment, food stamps, aid to single mothers) then they will have to vote for us because the mean republicans would cut off benefits and they might lose the house.
Bush also bought into the idea as did most all politicians, we all know that real estate values ALWAYS go up, so what is the big problem.....