Flashback: George W. Bush Praising Fannie and Freddie, and Home Ownership For Those With “Bad Credit Histories”

By Alan with comments October 27, 2010 19:54

Republicans love to beat up on Fannie Mae and Freddie Mac, and blame Democrats for pushing home ownership for those who may not have the means to pay off their debts. Here, from 2002, is President George W. Bush, saying Freddie is “dismantling barriers” to help more people have home ownership,  how “deserving families who have bad credit histories” can own homes, and that  “the low income home buyer can have just as nice a house as anybody else.”