President Barack Obama used conservatives’ themes to portray a new government program for cheaper mortgages as a foundation for “American values of fairness and responsibility” in a speech delivered on Wednesday morning.

His speech included at least 14 mentions of “responsibility” and two mentions of “accountability” while he announced a new government-imposed program that would require banks to offer mortgage-refinancing at lower interest rates.

The mortgage program could help 3.5 million people, according to the administration.

Obama’s speech did not reference any government role in creating the housing bubble, instead focusing blame on the financial sector while also suggesting that some people borrowed more than they could pay.

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