“The National Homeownership Strategy: Partners in the American Dream†is a Clinton-era document. The National Homeownership Strategy began in 1994 when Clinton directed HUD Secretary Henry Cisneros to come up with a plan, and Cisneros convened what HUD called a "historic meeting" of private and public housing-industry organizations in August 1994. His administration went to ridiculous lengths to increase the national homeownership rate - it promoted paper-thin downpayments and pushed for ways to get lenders to give mortgage loans to first-time buyers with shaky financing and incomes. It’s clear now that the erosion of lending standards pushed prices up by increasing demand, and later led to waves of defaults by people who never should have bought a home in the first place."
There's heaps of links, and you're not going to read them all if I post them, but what has this got to do with Obama? I mentioned it before because I get sick of democrats always blaming Bush for everything, when they've had the majority in Senate and House for the last 2 years and have done nothing about it.
Just look on the internet, all Obama's connections are clearly documented, what is the point of getting me to repeat them again - you have absolutely no intention of checking them out for yourself or you would have done so already. The point is moot - Obama supporters think Obama is not a socialist and refuse to even check out his shady background for yourself, and nothing anyone says or does and no amount of proof will convince you otherwise, even when Obama says it himself! That much has been clearly and repeatedly demonstrated here already. That is how a cult members respond when presented with evidence counter to their claims too, strangely enough.
I wish I was wrong about Obama, because it looks like he's going to win, but all the evidence and HIS OWN WORDS say otherwise. The USA and the freedoms and Constitution it is based on are soon to cease to exist. You vote for the socialist republic of america, that's what you're going to get. As for Obama's tax plan, it's a ill-conceived welfare plan:
http://www.wsj.com/article/SB121910303529751345.html
How about Obamas 95% tax break? Or is it... have a read:
http://online.wsj.com/article/SB122385651698727257.html
[img:2ic69rki]http://s.wsj.net/public/resources/images/ED-AI343_1taxcr_NS_20081008232813.gif[/img:2ic69rki]
Obama is promoting a 90day foreclosure moratorium. Hillary Clinton proposed the same thing last January, and Obama said it would be disastrous.
http://agonist.org/tina/20080221/hillar ... e_remedies
and what happens on day91? Nothing's changed, it's just free rent for 3 months for irresponsible people.
This is just the tip of the iceberg. Obama wants to eliminate the 401(k) withdrawal penalty for 2 years! People borrowed against the equity in their houses to fund things they couldn't afford and look what happened. Now Obama wants them to do the same with their 401(k)? This will wreck their retirement savings in the long term, and those who are responsible and don't draw on it will end up subsidizing the others (spread the wealth, remember), and additionally a mass of people withdrawing on 401(k) will force a mass stock sell-off, which again will send the markets and the economy into a nosedive. Again, the responsible people will be left to pay for it.
This is all socialism 101. You are rewarded for not working and being irresponsible, and penalized for working hard, saving, and being successful. It has been tried many times in world history, and failed every time. But you want to vote for it.
Go look up Obama's associations yourself, I'm too disgusted to read through that again. I don't see much point continuing with this. It will not matter what proof you have, you will continue to deny it. That much is blatantly clear from Juggleblood's responses.