GEORGE "I CAN SINK NO LOWER" BUSH
Facts:
- We now know that sub-prime lending didn't expand homeownership.
- We also know that over 50% of all sub-prime loans could have been done at better rates and terms that didn't include "features" like ugly pre-payment penalties.
- There is systematic, not anecdotal, evidence that some brokers targeted senior citizens.
Still, the GOP's leader is out there pretending that mortgage buyers brought it all on themselves.
THE "FAITH WORLD"
Well, Bush is saying he's got those from "the faith world", a term that rolls off his tongue like it was the fifth dimension, on the study group. How could it go wrong?
p.s. The discussion about the vote to cap credit card interest rates at 30% last night is bothering me. If the candidates are saying they don't want band-aides on our problems, then why is Obama's reply that he wanted better than 30% such a problem (unless it was false)?
