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  • Last Updated: Mon, 01 Dec 2008 15:44:00 GMT
Friday, 26 March 2004

You'd Think It's a Good Idea But...

Can Bush really truly be doing something useful with this policy?

Here is a quote:

Late last year, Bush signed the American Dream Down Payment Act to help families that can afford monthly mortgage payments but not the down payment or closing costs associated with buying a house. The legislation authorizes $200 million a year in down payment assistance to at least 40,000 low-income families.

Now, why do I think that this is going to be not helpful at all, and somehow end up meaning that I'll be paying more money for the same crappy apartment and not owning a house next year? Oh, wait, I know why. Because he'll be making me pay more in taxes and everything else in my life to finance this great idea. Nice move.

Posted: Mar 26, 2004 16:37

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