George W. Bush and the Republican controlled Congress passed a law in 2004 that frothed the housing market with the American Dream Downpayment Act. Below, a liberal website? NO! http://www.heritage.org/Research/budget/wm378.cfm Here's a link discussing the concerns of the Heritage Foundation of the American Dream Downpayment Act; "Fiscally Irresponsible and Redundant to Existing Homeownership Programs." The link below explains how George W. Bush eagerly "Hosts Conference on Minority Homeownership." http://www.hud.gov/offices/cpd/affordablehousing/programs/home/addi/

George W. Bush said "For millions of these families, homeownership is a distant, unreachable dream." "President Bush has a comprehensive agenda to help increase the number of minority homeowners by at least 5.5 million before the end of the decade." The link below examines how "A Home of Your Own EXPANDING OPPORTUNITIES FOR ALL AMERICANS" help cause the sub-prime crisis. http://www.bu.edu/today/2008/02/12/what-caused-subprime-crisis

George W. Bush said "For millions of these families, homeownership is a distant, unreachable dream." "President Bush has a comprehensive agenda to help increase the number of minority homeowners by at least 5.5 million before the end of the decade." The link below examines how "A Home of Your Own EXPANDING OPPORTUNITIES FOR ALL AMERICANS" help cause the sub-prime crisis. http://www.bu.edu/today/2008/02/12/what-caused-subprime-crisis

George W. Bush said "For millions of these families, homeownership is a distant, unreachable dream." "President Bush has a comprehensive agenda to help increase the number of minority homeowners by at least 5.5 million before the end of the decade." The link below examines how "A Home of Your Own EXPANDING OPPORTUNITIES FOR ALL AMERICANS" help cause the sub-prime crisis. http://www.bu.edu/today/2008/02/12/what-caused-subprime-crisis

George W. Bush said "For millions of these families, homeownership is a distant, unreachable dream." "President Bush has a comprehensive agenda to help increase the number of minority homeowners by at least 5.5 million before the end of the decade." The link below examines how "A Home of Your Own EXPANDING OPPORTUNITIES FOR ALL AMERICANS" help cause the sub-prime crisis. http://www.bu.edu/today/2008/02/12/what-caused-subprime-crisis

Yes, we can all talk of the Democrats, but what of the Republicans? George W. Bush and his Republican administration pushed minority homeownership with a program called, "A Home Of Your Own: Expanding Opportunities for All Americans." Below is a link discussing this plan and below is a summary. http://georgewbush-whitehouse.archives.gov/infocus/homeownership/toc.html "Buying a home is the biggest single investment most people will make in their lives. Homeownership is a cornerstone of America's healthy, vibrant communities, and benefits individual families by helping them build stability and long term financial security. But sadly, homeownership is out of reach for many Americans - especially for minority families.

Yes, we can all talk of the Democrats, but what of the Republicans? George W. Bush and his Republican administration pushed minority homeownership with a program called, "A Home Of Your Own: Expanding Opportunities for All Americans." Below is a link discussing this plan and below is a summary. http://georgewbush-whitehouse.archives.gov/infocus/homeownership/toc.html "Buying a home is the biggest single investment most people will make in their lives. Homeownership is a cornerstone of America's healthy, vibrant communities, and benefits individual families by helping them build stability and long term financial security. But sadly, homeownership is out of reach for many Americans - especially for minority families.

Yes, we can all talk of the Democrats, but what of the Republicans? George W. Bush and his Republican administration pushed minority homeownership with a program called, "A Home Of Your Own: Expanding Opportunities for All Americans." Below is a link discussing this plan and below is a summary. http://georgewbush-whitehouse.archives.gov/infocus/homeownership/toc.html "Buying a home is the biggest single investment most people will make in their lives. Homeownership is a cornerstone of America's healthy, vibrant communities, and benefits individual families by helping them build stability and long term financial security. But sadly, homeownership is out of reach for many Americans - especially for minority families.

Yes, we can all talk of the Democrats, but what of the Republicans? George W. Bush and his Republican administration pushed minority homeownership with a program called, "A Home Of Your Own: Expanding Opportunities for All Americans." Below is a link discussing this plan and below is a summary. http://georgewbush-whitehouse.archives.gov/infocus/homeownership/toc.html "Buying a home is the biggest single investment most people will make in their lives. Homeownership is a cornerstone of America's healthy, vibrant communities, and benefits individual families by helping them build stability and long term financial security. But sadly, homeownership is out of reach for many Americans - especially for minority families.

Speaking of the those evil Democrats, here's a web link on one cause that led to the financial panic of 2008 that I would like you to comment on. http://www.heritage.org/research/budget/wm529.cfm "Congress's Risky Zero Down Payment Plan Will Undermine FHA's Soundness and Discourage Self-Reliance" "The Zero Down Payment Act of 2004, introduced by Rep. Pat Tiberi (R-OH), would have required the Federal Housing Administration (FHA) to offer federally insured mortgage loans to certain eligible households to buy a house without a down payment." This law was proposed when George W. Bush was president, Denny Hastert(R) was Speaker of the House and Bill Frist(R) was Senate Majority Leader.