About 10 years ago, a bunch of Democrats thought it would be a good idea to force banks to lend money and assign mortages to more and more poor people (especially in the minority community). Then everyone was shocked - shocked! - when all of a sudden we saw a record amount of foreclosures. Who could have ever possibly foreseen that it was a bad idea to give a $450,000 mortgage to a guy making $28,000 per year? Now Obama wants to pretty much force more of the same. Isn't it Democrats forcing banks to lend money to unqualified recipients what got us into this mess in the first place? Obama Tells Wall Street Bank Executives to Help Borrowers, Homeowners - ABC News Obama to 'Fat Cat Bankers': Time to Start Lending President Wants Wall Street to Do More to Help Borrowers, Homeowners By JAKE TAPPER and DEVIN DWYER WASHINGTON, Dec. 14, 2009 In a face-to-face meeting with the country's leading financial executives at the White House today, President Obama insisted that the nation's banks do more in "every responsible way" to increase lending to consumers and small businesses and help repair the U.S. economy. Obama calls on banks to make "extraordinary commitment" to rebuild the economy. "Given the difficulty business people are having as lending has declined and given the exceptional assistance banks received to get them through a difficult time, we expect them to explore every responsible way to help get our economy moving again," Obama said. The 90-minute summit comes as the president grapples with swirling economic discontentment, high unemployment and tight credit markets.