Owned
President Bush circa 2004.
I appreciate you coming. I love the entrepreneurial spirit of America, don't you? (Applause.) Good job. (Applause.) There's nothing better. There is nothing better, is it, to be in an ownership society. Don't you love the idea of somebody saying, this is my business? How about the fact that home ownership rates in America are at an all-time high. More people -- (applause.) And it's a fantastic statistic. It is a fantastic statistic of our society. It means more people are opening up that front door, saying, welcome to my home. Come into my piece of property.
See, I love an ownership society. It's a hopeful society. It's a society that provides stability in times of change. An ownership society is one where people have a vital stake in the future of this country. And that's important. It's important for people to buy into the future of America. And when you own something, you have a -- you have this vital stake on how this country grows and develops.
I'm wondering whether or not the ownership society was just a weird fetish, the only economic stat that Bush could point to with pride, or a way to push every American's money over to the bankers, knowing full well that if they f-ed things up they'd get bailed out anyway.
Labels: bailouts, banking industry, George W. Bush, mortgages, ownership society
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