Bill Clinton is the one exception to the Constitutional rule that U.S. Presidents may only serve two terms.
When President Obama went to El Paso, Texas last week and pitched his immigration reform plan to Hispanics, I felt like I was watching a movie called “Bubba’s Third Term.” The President did not sound like himself. I detected a faint Arkansas accent as he stood at the podium and outlined amnesty objectives disguised as immigration reform.
In his El Paso speech, President Obama avoided using the word “amnesty” and referred to illegal immigrants as “undocumented immigrants.” However, he promoted amnesty objectives and minimized the need to increase funding for border security.
Essentially, the President proposed to solve border security issues and the influx of illegal immigrants into the U.S. by providing illegal immigrants with better-looking documents and ignoring hundreds of miles of fenceless border.
Sadly, President Obama is making the same economically devastating mistake that former President Clinton made in the 90’s: Throw Hispanics under the bus in order to win the Hispanic vote.
President Clinton was, and still is, an extremely likable fellow. The problem with people who want to be liked more than they want to be respected is that they often make bad decisions based on politics or emotions. For instance, Clinton let a voluptuous intern in a blue dress obliterate his sense of Presidential norms.
More disappointing, Clinton bowed to intense pressure from America’s first Hispanic HUD Secretary, Henry Cisneros, and loosened home ownership requirements for low-income Americans. Clinton relaxed appraisal rules, eliminated the five-year stable income requirement for first-time homebuyers and lowered the standards of Fannie Mae and Freddy Mac.
Clinton’s policies opened the doors to home ownership to an additional 10 percent of the U.S. population that did not qualify to become homeowners, reveals the New York Times. But, they qualified to vote, and that’s what matters to a politician seeking a second term.
Many Hispanics and African Americans became first-time homeowners who were financially unqualified. Admittedly, many Hispanics were “willing victims". But, it’s hard to blame them for trusting government policies approved by America’s first Hispanic HUD Secretary.