Comments on: George Will And Jon Kyl Blame Housing Crisis On “Marginal”, “Poor”, “Minorities” — And Of Course, Democrats

By: voicevote

voicevote — Mon, 31 Mar 2008 22:48:18 +0000

I don’t read either quote as blaming poor people. Fault certainly lies with the lenders and with the financial institutions that bought the paper backed by subprime mortgages. If Congress pressured lenders to make bad loans, Congress is at fault and so, again, are the lenders. But, borrowers bear responsibility too, as do mortgage companies and mortgage brokers. There is plenty of blame to go around. Borrowers are not blameless.

By: Bluetoe2

Bluetoe2 — Mon, 31 Mar 2008 22:46:10 +0000

Will’s take on the housing crisis will in all liklihood carry the day. After all, he’s on TEEEEEE VEEEEEE.

By: RevBev

RevBev — Mon, 31 Mar 2008 22:45:26 +0000

And some nit-wit on the radio this am was saying Liberals are those ones who hate America. Yep, she was covering for Laura Ingraham. More and more, I am struck not only by the serious snark from these people but the depth of their contempt from those “not them.”

By: RevBev

RevBev — Mon, 31 Mar 2008 22:42:51 +0000

and good coverage tonight about Sec. Al. Jackson being pushed out, to take care of family, dontcha know? I kept expecting to hear refrains of “Heckava Job, Brownie” as W accepted his resignation with regret. And his proudest moment: Clearing out that public housing in New Orleans so a cleaner crowd with more money can move in. Yeah, it’s all their fault, that flood.

By: JamesJoyce

JamesJoyce — Mon, 31 Mar 2008 21:48:22 +0000

I like the FDR analogy……. Bush is looking for the next Gliewitz to give McFried a boost, amongst the deaf and dumb! The “Iraq Oil Plot” has made the 1933 Business plot look like a “wet dream.”

After last night’s 60 minute’s, that little voice in my head…nazis nazis nazis. Can’t help it, I’m 1/2 kraut…………

Keep up the good work! We have seen this before!!!

By: jackie

jackie — Mon, 31 Mar 2008 21:21:50 +0000

Completely OT, but I looove your handle :)

By: josiahbartlette

josiahbartlette — Mon, 31 Mar 2008 21:00:35 +0000

George Will has been tying that bow-tie too tight for decades. We’re starting to see some serious damage from lack of oxygen. It’s not just him. I’ve always disagreed with him and his fellow RW travelers but over the past seven years in particular, it’s become painfully clear that everything they know is wrong. Why do they take up such valuable space in the editorial pages when they don’t even deserve the good corners for their soapboxes.

By: Mommybrain

Mommybrain — Mon, 31 Mar 2008 20:33:25 +0000

I guess by “Ownership Society” Bush didn’t really mean ownership per se, especially for Democrats and “Minorities. In his typical misspeak, he meant to say Receivership Society or Bankruptcy Society or Foreclosure Society”.

Will needs to move on. He’s stuck in the the tar pit.

By: SteamingPile

SteamingPile — Mon, 31 Mar 2008 20:26:29 +0000

Not even a VA mortgage is a ninja loan. You still have to qualify, and that means you have to have a job. The only reason you can get one of those with no money down is because the VA is securing the loan at 25% of principal, and that’s only good up to the $427,000 or whatever it is that is the threshold amount of a jumbo loan.

The other thing you have to do in order to qualify for one of these is serve on active duty in the military a minimum of 180 consecutive days. I would say anyone who gets this deal has more than earned it.

By: SteamingPile

SteamingPile — Mon, 31 Mar 2008 20:11:20 +0000

And yet the strongest and most stable housing market in the country right now, the safest place in which to buy a house. You’d never guess it was upstate New York. We bought our house in 1999. We ain’t losing a damn thing. In fact, our appreciation, while not spectacular, has continued throughout this whole mortgage clusterfuck.