Freddie Mac and Fannie Mae have been nationalized, with the taxpayer assuming its debts... ?
Bush went from boasting about "record home ownership" to avoiding talking about "record home foreclosures". His "ownership society" has turned into a "bankruptcy society". Like his shameful aircraft-carrier, flight-suit landing stunt, most of bush's "successes" are fleeting and illusory, aren't they? What kind of economic calamity will befall America should McCain become president? Can America survive another 4 years of bush under McCain?
Public Comments
- Yes, it looks like we're going in that direction.
- under the communist states of Obama, you will have the government give you health care, housing, food, education. there will be no rich or middle class, because we will all be equal, equally poor like the poor citizens of Cuba. Power to the people. Long live Che.
- You have to look at it from the Republican point of view: Now that the government has bought out Fannie and Freddie, ALL Americans own a piece of a home. We're all on the hook for it, so that's 300 MILLION home owners! 100% success! It doesn't matter if those 300 million people don't own their *own* home; we all own a piece of one, somewhere. There, don't you feel better? You're a "homeowner"!
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