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February 04, 2009

Web Ad: Fix Housing First

Republicans are battling hard against Obama's spendulus bill, preferring instead to lower the 30-year-fixed rate for federally guaranteed mortgages -- for creditworthy borrowers -- from 5% to 4%.

That sure seems to me more likely to spark a recovery in the housing market, and begin to restore the trillions of lost equity, than some dog parks in Chula Vista, CA.

Here's a short ad that teases the idea:



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posted by Ace at 01:22 PM

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