Exposing Democrats for the fools they are. Or, how the housing bubble was facilitated by Democrats seeking votes

PRICELESS AND BRIEF

In a bid to stem taxpayer losses for bad loans guaranteed by federal housing
agencies Fanny Mae and Freddy Mac, Senator Bob Corker (R-Tenn.) proposed that
borrowers be required to make a 5% down payment in order to qualify for a
loan.

His proposal was rejected 57-42 on a straight party-line vote because, as Senator
Chris Dodd (D-Conn) explained, "Passage of such a
requirement would restrict home ownership to only those who can afford it."

I can't add anything to this - - - - I just can't