This isn't really possible, right? This isn't really the progressive socialist liberal Democrats wanting to start the mortgage bubble all over again, right?
Oh wait, it true - the progressives really want to make loans to people that can't afford to pay it back, and again, forcing the banks to make the loan. No problem mr Obama say, the government will buy the loans just like the last time. I wonder how that will work? The FHA, Fannie and Freddie are all heavily in debt.
The reason the Democrats say the sub-prime loans should start again is, since the housing bubble is over, and the market is coming back, which I don't think it is, everyone should not denied a chance, the right, to own a house. So there you are, Mr. Obama says open up the flood gates of money and let 'er rip again. This can't be, right? Not again.
Who voted for this anyway?
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