Foreclosure Aircraft
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?
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”!
The Foreclosure Crisis (Part 2 of 2)
