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Romney talks housing, ends up defending banks
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Candidate
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| Contributor | RP |
| Last Edited | RP Jan 25, 2012 12:08pm |
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| Category | Statement |
| Author | KASIE HUNT |
| News Date | Wednesday, January 25, 2012 02:55:00 AM UTC0:0 |
| Description | Romney was standing outside a Fannie Mae-foreclosed home in a struggling neighborhood telling a small crowd why they're having so much trouble. "In this case, it's because of the banks," he explained. "Well, the banks aren't bad people. They're just overwhelmed right now."
During a Monday roundtable with business owners struggling in Florida's hobbled housing market, the former Massachusetts governor told the group that their troubles with banks came because the lenders were worried about staying in business.
"The banks are scared to death, of course," he said. "They're feeling the same thing that you're feeling. And so they just want to pretend that all this is just going to get paid some day." |
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