Rush Limbaugh Quotes About Mortgages

• The people that make this country work, the people who pay on their mortgages, the people getting up and going to work, striving in this recession to not participate in it, they're not the enemy. They're the people that hire you. They're the people that are going to give you a job.

  Rush Limbaugh

  Country, Jobs, People

  Keynote Address to the Conservative Political Action Committee, delivered 28 February 2009, Omni Shoreham Hotel, Washington, D.C.

• What caused the economic collapse 2008? It was the subprime mortgage crisis.

  Rush Limbaugh

  Mortgage, Economic, Crisis

  Source: www.rushlimbaugh.com

• [Steven] Lerner's plan starts by attacking JP Morgan Chase with demonstrations on Wall Street, protests at the annual shareholder meeting, and then calls for a coordinated mortgage strike.

  Rush Limbaugh

  Wall, Mortgage, Attacking

  Source: www.rushlimbaugh.com

• This is a derivative, if you will, of Cloward-Piven [theory]. "[Stephen] Lerner's plan is to organize a mass, coordinated 'strike' on mortgage, student loan, and local government debt payments - thus bringing the banks to the edge of insolvency and forcing them to renegotiate the terms of the loans.

  Rush Limbaugh

  Government, Debt, Derivatives

  Source: www.rushlimbaugh.com

• How do you think we have the home mortgage deduction? We have it because way back when it was determined that the American dream equaled home ownership. And everybody knows that the vast majority of the American people will never be able to write a check for a house. You have to finance it.

  Rush Limbaugh

  Dream, Writing, Home

  Source: www.rushlimbaugh.com

• Barack Obama is telling the banking industry what it can and can't charge and what profit he will accept and what level of profit he won't accept. Bill Clinton and Jimmy Carter came up with this scheme that resulted in the subprime mortgage crisis. They said it was unfair that poor and minority people didn't have houses, so we're basically gonna give 'em houses. How are we gonna do that? We're going to make the banks loan them money, knowing full well they can't pay it back.

  Rush Limbaugh

  Knowing, People, Giving

  Source: www.rushlimbaugh.com

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