The Dems insisted on expanding home ownership to low income folks.

Discussion in 'Politics & Religion' started by seasideheights, Sep 19, 2008.

  1. How dare only "rich people" have the American dream of a house?

    We need to expand the housing base to those who make less.

    They work hard as well and deserve to have a home that they own.


    ....

    A few years later

    ....

    1/2 Trillion dollar, to start, bailout to prevent the 2nd Great Depression.

    Thanks Democrats.

    What else should those who can't afford things have?
     
  2. "...if you own something, you have a vital stake in the future of our country. The more ownership there is in America, the more vitality there is in America, and the more people have a vital stake in the future of this country."

    -President George W. Bush, June 17, 2004

    http://www.whitehouse.gov/news/releases/2004/08/20040809-9.html

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    In the Bush administration: Inaugural Message 2005, Bush added: "To give every American a stake in the promise and future of our country, we will bring the highest standards to our schools and build an ownership society. We will widen the ownership of homes and businesses, retirement savings and health insurance -- preparing our people for the challenges of life in a free society. By making every citizen an agent of his or her own destiny, we will give our fellow Americans greater freedom from want and fear and make our society more prosperous and just and equal."

    The oft-touted term, ownership society by President Bush refers to the theories of mass privatization his administration is in the midst of injecting into the American way of life.

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    The phrase “ownership society” began popping up in presidential speeches three years ago, as Bush took note of the growing numbers of Americans who own stock and of the importance of home ownership.

    As early as February 2002, Bush said at a conference on retirement savings, “I want America to be an ownership society, a society where a life of work becomes a retirement of independence.” Even as Texas governor, he told senior citizens: “Ownership in our society should not be an exclusive club. ... Everyone should be a part owner in the American dream.”

    Since then, Bush has tried to turn the notion of an “ownership society” into the unifying theme for a host of proposals that would give individual Americans more control — and risk — in programs such as Social Security and health care savings accounts.

    In his Jan. 20 inaugural address, Bush offered a grand vision of newly empowered Americans: “To give every American a stake in the promise and future of our country, we will bring the highest standards to our schools, and build an ownership society. We will widen the ownership of homes and businesses, retirement savings and health insurance preparing our people for the challenges of life in a free society.”

    http://www.msnbc.msn.com/id/6902224/