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Anatomy of a Train Wreck
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<blockquote data-quote="tieguy" data-source="post: 409909" data-attributes="member: 1912"><p><span style="color: blue">Your links do show an effort by the president to increase home ownership amongst minorities. And it does show his leadership in trying to propose solutions to allow more minorities the opportunity to own their own home. Stating such and then trying to say the president insisted loans be made to families that had no prayer of paying them off is quite a leap in logic that does not appear to be supported by any of your information.</span></p><p> </p><p><span style="color: #0000ff">The point you make about zero down loans being the cause of this current crisis is also a leap. I wish it were so simple for us to lay blame on one type of loan. But I suspect the issue at hand is much more complicated then simply identifying one loan that caused all our problems.</span></p></blockquote><p></p>
[QUOTE="tieguy, post: 409909, member: 1912"] [COLOR=blue]Your links do show an effort by the president to increase home ownership amongst minorities. And it does show his leadership in trying to propose solutions to allow more minorities the opportunity to own their own home. Stating such and then trying to say the president insisted loans be made to families that had no prayer of paying them off is quite a leap in logic that does not appear to be supported by any of your information.[/COLOR] [COLOR=#0000ff]The point you make about zero down loans being the cause of this current crisis is also a leap. I wish it were so simple for us to lay blame on one type of loan. But I suspect the issue at hand is much more complicated then simply identifying one loan that caused all our problems.[/COLOR] [/QUOTE]
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