Mortgage bill promoted by Obama faces uphill climb; GOP favors reduced federal role in market

  • Article by: ANDREW MIGA , Associated Press
  • Updated: February 18, 2013 - 3:07 AM
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dentesterFeb. 18, 13 8:39 AM

You know, an honest look at history tells us that we got into this economic mess because democrats in Washington wanted to make it easier for people to buy a home. And Freddy and Fannie were their vehicles for doing that.

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raineyrooFeb. 18, 13 3:06 PM

Sorry, dentester, you've got it wrong. BOTH parties wanted to make it easier for people to own homes, as they all received campaign contributions. If Republicans claim this is not true, why wasn't Freddy and Fannie clipped off at the knees when they held the White House, Senate, and House of Representatives from 2000 to 2006?

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avejoeconFeb. 18, 13 4:49 PM

If Republicans claim this is not true, why wasn't Freddy and Fannie clipped off at the knees when they held the White House, Senate, and House of Representatives from 2000 to 2006?--------------If you want an honest answer, go to Youtube and listent to Franks, Dodd and many other demcorats tell us how good the housing market was in 2000-2006 and that it didn't need regulations. AND, then research the fact that the republicans in 2001 ( and every year after that) tried to add regulation to housing and the Demcorats blocked it EVERY TIME!

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tooty123Feb. 19, 1312:40 PM

avejoecon---You Tube is such a factual site to get information!! We've bailed out Wall Street and the banks who caused the great recession but we can't help the average person with their mortgages that were perfectly fine until the housing crash? It's time to help the people who were innocent people in this Mortgage scam and crime.

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