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Reader Comments (Page 1 of 1)
4-23-2008 @ 7:43PM
Bobby said...
The Bush administration mandated conditions to give americans opportunities to become home owners. At the beginning of his second term he addressed the nation of the efforts to do so. No one had objections at that time, interest rates & money flow were good & america was fine with it.
Bush doesn't fill out loan apps. He doesn't serve on corporate boards across america shaping private enterprise decisions.
Now the nation's screaming for gov't regulation of the banking system & mortgage loan processing. Fannie Mae & Freddie Mac are hanging in the balance with upcoming losses possibly in the trillions.
This has absolutely nothing to do with our gov't that we constantly use as a political scapegoat constantly when 100% of this is tied to PRIVATE enterprise throughout America.
If you're fortunate enough to sustain this down time, do it. If you're not God bless you & think very hard of future ramifications of personal decision making. We the people are America, our actions shape & from decision making on all levels,, hang in there... You can't safeguard against corruption, but you can assume to guide your destiny in a more responsible way...
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