Republicans, analysts question Obama’s foreclosure plan – CNN.com
Okay, let’s make this perfectly clear – we should let housing prices fall in order to create affordable housing for all of us who played by the rules, and didn’t jump into loans we couldn’t afford to buy overpriced houses.
Obama’s suggested propping up of unjustified housing prices will hurt everyone who wants affordable housing.
pappy said, “So I guess this is all Dems doing,Frank and Dodd forced banks to make predatory loans.”
Yup, got it in one. Obama went so far as to sue citibank.
http://iusbvision.wordpress.com/2008/09/30/obama-sued-citibank-under-cra-to-force-it-to-make-bad-loans/
http://www.youtube.com/watch?v=9nU3fNh-PRk
http://www.youtube.com/watch?v=_CcFdjXvjvE
http://www.redcounty.com/national/2008/09/cra-acorn-democrats-obama-and/