Home Ownership and President Bush
President Bush doing his part to inflate the bubble
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Added: Jul-8-2012 Occurred On: May-17-2002
By: forqalso
In: Politics
Tags: Bush, housing, bubble
Location: Washington, District of Columbia, United States (load item map)
Marked as: approved
Views: 1192 | Comments: 100 | Votes: 2 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 2
By: forqalso
In: Politics
Tags: Bush, housing, bubble
Location: Washington, District of Columbia, United States (load item map)
Marked as: approved
Views: 1192 | Comments: 100 | Votes: 2 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 2
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"Its called the American Dream,because you have to be asleep to believe it."
George Carlin
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Posted Jul-9-2012 ByGod_Himself (1212.66) 
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(6)
So, "what we have created for you America, is called the Ninja loan." We require no proof of income, no money down, no proof of assets, and a credit score of 600 is fine. Also, you pay interest only for 2 years at which time your loan goes up 30% and your home value declines by 40%. For you today only, just sign here and congratulations on living the dream."
Posted Jul-9-2012 ByHaze33 (156.56) Haze33 View Channel Send Message
(4)
What a disgusting man. The American economy stays at a ruin. He re-elected by activating people's fears.
Posted Jul-9-2012 Bykarikanijr (21.38) 
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@karikanijr YES but idiots on here blame it on Obama. Cheap cop out but what do you expect from Bush supports
Posted Jul-9-2012 ByBillMaherlove (10.80) 
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Republicans are responsible for the Housing bubble? How is this? Fox News never told us this?
Posted Jul-9-2012 ByEXCONservative (417.52) 
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@EXCONservative Don't you know it always thier fault. Even hurricanes are caused by republicans.
Posted Jul-9-2012 Byelmerfudd13 (2100.50)

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@EXCONservative Ok Obama get off LL. Blaming Bush has gotten so old..
Posted Jul-9-2012 Bykle57 (318.46) 
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@EXCONservative You must watch MSNBC..The truth and only the truth..No slant there LOL
Posted Jul-9-2012 Bykle57 (318.46) 
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he was pressured by the democratic congress that pushed this....bush couldnt do it by himself
Posted Jul-9-2012 Bybuoymarker (573.50) 
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@buoymarker what got me was people i worked with buying 500,000.00 dollar houses on a 60k budget...knew something wasnt right then..
Posted Jul-9-2012 Bybuoymarker (573.50) 
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@buoymarker, But yet, Bush signed the American Dream Act on Dec 13th 2003.
http://en.wikipedia.org/wiki/American_Dream_Downpayment_Assistance_Act
The Republicans gained majority control on January 3, 2003, several months before the act was signed.
http://en.wikipedia.org/wiki/108th_United_States_Congress
Democrats were not in the majority when Bush authorized the American Dream Act. Nobody was twisting his arm.
Posted Jul-9-2012 Bycorgi_o_ner (143.42) 
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And this folks is how the great moron brought the world's economy to its knees. We will be suffering the wrath of his mental retardation for generation to come.
Posted Jul-9-2012 ByDesertsfoxx (121.58) Desertsfoxx View Channel Send Message
(3)
$0 down, shit was hot here California when I remember, 2004-2007, then blammmmmmmmo, 2008.
Posted Jul-9-2012 Bymphatik (676.68) 
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God I forgot how stupid this guy was. Good job GW. You did a bang up job.
Posted Jul-9-2012 Bywetiphenax (162.68) wetiphenax View Channel Send Message
(2)
@wetiphenax hahaha yes
Posted Jul-9-2012 ByBillMaherlove (10.80) 
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how quickly people forget!
Posted Jul-9-2012 Byyoutubesux (272.42) 
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@youtubesux
True. Apparently it's now Obama's fault...
Posted Jul-9-2012 Bybillyjojason (128.90) 
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@billyjojason Yes, a ROMNEY pushed healthcare system, funded by a MCCAIN pushed funding system, somehow becomes socialism...
Posted Jul-11-2012 Byyoutubesux (272.42) 
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man, let's stop blaming Bush. It's really old. . . .
Posted Jul-9-2012 Byspbster (67.50) spbster View Channel Send Message
(2)
@spbster Right. Let's just blame POTUS, whoever they are (CIA).
Posted Jul-10-2012 ByMX6Maximus (68.28) 
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How the hell did this guy get elected, TWICE!
Posted Jul-9-2012 Bytruth2012 (106.16) 
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@truth2012 Same way Obama got elected once..Idiots
Posted Jul-9-2012 Bykle57 (318.46) 
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@truth2012 A brother who gets to count the votes helps a lot.
Posted Jul-9-2012 Byforqalso (189.94) 
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Oh yea! the housing bubble created by democraps forcing banks to give loans to people that couldn't afford to get a pack of gum financed. Yea I heard about that.
Posted Jul-9-2012 Byelmerfudd13 (2100.50)

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@dkast Barny Frank...Have you heard of him there?? He just married his boyfriend.. He had a very big hand in this..
Posted Jul-9-2012 Bykle57 (318.46) 
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@dkast The banks and corporations,,The liberal answer for everything. How did the Titanic sink?? It hit a bank..Gee
Posted Jul-9-2012 Bykle57 (318.46) 
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Painful
Posted Jul-9-2012 ByBickle666 (181.40) 
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Community reinvestment act.......look it up people, an it was way before Bush. You do see the names Barney Frank and Chris Doodd a lot though.
Posted Jul-9-2012 ByRob8729 (837.02) 
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