Hab mir erlaubt eine facebook-awareneww-group aufzumachen. Wenns
diesbzgl (da ja verlinkt wird) Probleme gibt geb ichs wieder raus...
Wenn wer von sos.teilche.at als Mod/Admin der gruppe agieren möchte,
einfach nur melden!
Lg, Michi
spread it over the interwebs: http://www.facebook.com/group.php?gid=79788542621
On 9 May 2009, at 11:51, das ende der nahrungskette wrote:
Nearly a century of Washington's efforts to promote homeownership
has produced one calamity after another. Time to stop.
In December, the New York Times published a 5,100-word article
charging that the Bush administration's housing policies had
"stoked" the foreclosure crisis—and thus the financial meltdown.
By pushing for lax lending standards, encouraging government
enterprises to make mortgages more available, and leaning on private
lenders to come up with innovative ways to lend to ever more
Americans—using "the mighty muscle of the federal government,"" as
the president himself put it—Bush had lured millions of people into
bad mortgages that they ultimately couldn't afford, the Times said.
Yet almost everything that the Times accused the Bush administration
of doing has been pursued many times by earlier administrations,
both Democratic and Republican—and often with calamitous results.
The Times's analysis exemplified our collective amnesia about
Washington's repeated attempts to expand homeownership and the
disasters they've caused. The ideal of homeownership has become so
sacrosanct, it seems, that we never learn from these disasters.
Instead, we clean them up and then—as if under ssome strange
compulsion—set in motion the mechanisms of the next houusing
catastrophe.
Link
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Posted By johannes to monochrom at 5/09/2009 11:41:00 AM
