You just can't fix stupidity!

[GTDADDY]

PRICELESS AND BRIEF

In a bid to stem taxpayer losses for bad loans guaranteed by federal housing agencies Fanny Mae and Freddy Mac, Senator Bob Corker (R-Tenn.) proposed that borrowers be required to make a 5% down payment in order to qualify for a loan.

His proposal was rejected 57- 42 on a straight party-line vote because, as Senator Chris Dodd (D-Conn) explained, "Passage of such a requirement would restrict home ownership to only those who can afford it."

I can't add anything to this - - - I just can't.

[sooner70]

Not only can you not fix stupid, when it comes to Washington you can't even explain it.

[Annika]

Originally Posted by sooner70

Not only can you not fix stupid, when it comes to Washington you can't even explain it.

+1
I agree

Stupid people annoy me!

[NativeTx78]

And you just can't fix people from spreading false information on the internet. Whoever sent the quote to you didn't check it out first.

I am not defending Dodd - - I thought he was a bad Senator - - and am glad he is gone from the Senate.

But this quote is unfortunately not true.

http://www.snopes.com/politics/satire/downpayment.asp

[GTDADDY]

Native, thanks for the clarification. The Dodd quote just reminded me of the "we have to pass this bill so we can find out what's in it." by Pelosi.