Quote:
Originally Posted by bambino
No, the economy has been in the tank since lefties said everyone should get a mortgage. That didn't work out did it? Did I mention the economy? Pass the the memo to OB. It stinks. Now, Obama will surely go down as one of the worst POTUS in history. Now run along you lil blind partisan. Learn how to shine shoes and remember to pay your fair share of taxes.
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the leftie requesting everyone to get a new home ... notice the backdrop
kiss my shoe shine kit
http://www.youtube.com/watch?v=kNqQx7sjoS8
edited from context))
And let me talk about some of the progress which we have made to date, as an example for others to follow. First of all, government sponsored corporations that help create our mortgage system -- I introduced two of the leaders here today -- they call those people Fannie May and Freddie Mac, as well as the federal home loan banks, will increase their commitment to minority markets by more than $440 billion. (Applause.) I want to thank Leland and Franklin for that commitment. It's a commitment that conforms to their charters, as well, and also conforms to their hearts.
This means they will purchase more loans made by banks after Americans, Hispanics and other minorities, which will encourage homeownership. Freddie Mac will launch 25 initiatives to eliminate homeownership barriers. Under one of these, consumers with poor credit will be able to get a mortgage with an interest rate that automatically goes down after a period of consistent payments. (Applause.) Fannie Mae will establish 100 partnerships with faith-based organizations that will provide home buyer education and help increase homeownership for their congregations. I love the partnership. (Applause.)
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are rightwingers like Bimbo stupid or what?