Orlando is a prosperity center of America (according to Billy Clinton)

[chopchop0]

Originally Posted by annerk

Unfortunately much of the foreclosure crisis was brought on by homebuyers who refused to accept that there was no way they could afford the homes they were buying. I'm not saying the banks, realtors, and appraisers don't share some blame, but no one held a gun to anyone's head when they signed that $300,000 mortgage note when they were making $9 an hour. or were going to have zero savings after closing, or were going to have to forgo saving for retirement and emergencies in order to pay the mortgage. Unfortunately our society has forgotten the meaning of personal responsibility and has become a society of entitled fools.

Ironically, Clinton himself likely played a role in it as well

Fannie Mae Eases Credit To Aid Mortgage Lending - NYTimes.com

Clinton repeal of Glass-Steagall faulty as seen today

[annerk]

Originally Posted by chopchop0

Ironically, Clinton himself likely played a role in it as well

Fannie Mae Eases Credit To Aid Mortgage Lending - NYTimes.com

Clinton repeal of Glass-Steagall faulty as seen today

That's one of my beefs with the liberals, they set forward a mindset that made people believe they were "entitled" to own a home. Home ownership is NOT a constitutional right, and probably 30-40% of the people in this country are not suited to home ownership for any one of a variety of reasons.

While I'm all for programs like Habitat for Humanity (which my husband and I have donated heavily to over the years), those programs also vet out people who aren't willing to work towards home ownership, who can't afford to own a home, or who don't have the mental capacity to understand how to budget their finances or understand the concept and cost of maintaining a home.

[chopchop0]

Bill Clinton to PBS: Barack Obama will be re-elected; Orlando is a success story – The TV Guy – Orlando Sentinel

Clinton also talks up Orlando as he promotes his new book, “Back to Work.”


“A lot of people, they can’t hear things because they’re scared, they’re worried,” Clinton tells Woodruff. “I had two women come through a book line in Orlando, which is one of my success stories I feature in there. I talk about all the government-private cooperation there and why they have a hundred — a hundred computer-simulation companies in Orlando alone.

“And anyway, these two women, one of them said, ‘My husband’s been out of work six months. I hope you have some good advice.’ And she was clearly in her fifties somewhere.

“Next lady comes through about two people later. Same age. ‘I’m here because my husband because I sent him home to bed because he was out of work for eight months, and his first day on his new job is tomorrow.’