nytimes.com — Earlier this year, Mr. Bush derided a modest plan to provide $4 billion to states and localities to buy foreclosed properties, saying that buying up empty homes helps only 'the lenders or the speculators." Most egregious, Mr. Bush has resisted efforts to allow bankrupt homeowners to have their mortgages modified under court protection, parroting the mortgage industry's overwrought objections to what is arguably the best way to avoid preventable foreclosures. When Mr. Bush hasn't been busy saying no to worthy efforts, he has been endorsing Orwellian-named programs that have failed to address the problem effectively.
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