Is Chris Dodd or Barney Frank the best that we can come up with to help us run this country? Can we safely say the Chris Dodd and Barney Frank live in a world that is completely different from the one that we live in? I believe the answer is YES!
Is it time to vote out these people and replace them with people that come from a universe that is closer to where we live? Again, the answer is YES!
Democrats Vote Down 5 Percent Rule
In a bid to stem taxpayer losses for bad loans guaranteed by federal housing agencies Fanny Mae and Freddy Mac, Senator Bob Corker (R-Tenn) proposed that borrowers be required to make a 5% down payment in order to qualify.
His proposal was rejected 57-42 on a party-line vote because, as Senator Chris Dodd (D-Conn) explained, "passage of such a requirement would restrict home ownership to only those who can afford it."
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