[quote=patientrenter]But govt schemes are still allowing homes to be bought with less than 20% of the buyer’s personal savings at risk. And Barney Frank and Chris Dodd are the prime movers behind this part of the screwed-up system. They won’t let go of this lunacy until Democrats like you call them on it.
[/quote]

I’m registered as a nonpartisan. I plan to vote against incumbent Representative Democrat Susan A. Davis since she voted for the bailout. If I could legally vote against Frank and Dodd I would.

I do plan to vote for Obama as I feel he is very intelligent and is a better choice than McCain (McCain being the originator of the brilliant idea to buy every mortgage on an underwater home and reset the principal to the current market price of the home).

I’d like to see the government get out of mortgages and home ownership completely. Just think how cheap house prices would be if FHA, Fannie Mae, and Freddie Mac were eliminated and the Fed mandated that homeowners had to put 20% down. That would be an ideal world for responsible people.