Thursday, August 04, 2005

White House Not Bragging About Home Ownership Anymore?

According to this opinion piece, Bush is no longer spewing rhetoric about how Americans are so much better off now due to home equity. If so, what are they trying to tell us? And what about Greenspan's change of attitude regarding household debt, speculative buying, easy lending standards, froth?
"Already the White House has stopped inserting in President Bush's speeches the flowing rhetoric about how well off so many more Americans are because of equity in their homes. Perhaps we're jaded, but it seems even those evil TV ads for home equity loans are a little less frequent and intense."

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