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The other thing Kirbyjon told me, which I really appreciate, is you don't have to have a lousy home for first-time home buyers. If you put your mind to it, the first-time home buyer, the low-income home buyer can have just as nice a house as anybody else. And I know Kirbyjon. He is what I call a social entrepreneur who is using his platform as a Methodist preacher to improve the neighborhood and the community in which he lives.
It's a great speech. It talks about how Freddie and Fannie are helping people and how the government should overlook the fact that people can't always save their downpayments, yet they deserve a home too. It's only fair.
So you think Bush was warning us about Freddie/Fannie?
From the same speech:
Quote:
Freddie Mae -- Fannie Mae and Freddie Mac -- I see the heads who are here; I want to thank you all for coming -- (laughter) -- have committed to provide more money for lenders. They've committed to help meet the shortage of capital available for minority home buyers.
Fannie Mae recently announced a $50 million program to develop 600 homes for the Cherokee Nation in Oklahoma. Franklin, I appreciate that commitment. They also announced $12.7 million investment in a condominium project in Harlem. It's the beginnings of a series of initiatives to help meet the goal of 5.5 million families. Franklin told me at the meeting where we kicked this office, he said, I promise you we will help, and he has, like many others in this room have done.
Freddie Mac recently began 25 initiatives around the country to dismantle barriers and create greater opportunities for homeownership. One of the programs is designed to help deserving families who have bad credit histories to qualify for homeownership loans. Freddie Mac is also working with the Department of Defense to promote construction and financing for housing for men and women in the military.
Yep. I recall Bush standing tall for the poor and wanting to put them in more houses as well. They are all whores and if we do not wake up to the fact that both parties are robbing us blind, then we all go over the cliff together.
This is exactly why we need REAL change. Not Mccains kind of change.
Obama's top advisors are the very crooks that helped this downfall. You are seriously going trust this bunch? We need to hold all accountable, even if it is the party we are supporting or we are toast.
Obama's top advisors are the very crooks that helped this downfall. You are seriously going trust this bunch? We need to hold all accountable, even if it is the party we are supporting or we are toast.
both parties are flooded with advisors who were involved in this huge financial orgs.
It comes down to who the individual will trust.
I trust the Obama/Biden ticket more than the McCain/Palin.
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