Amazing, just amazing. This whole debacle was created by a succession of Democrats, and they now blame Republicans. Carter created it (CRA), Clinton loosened up requirements, Obama sued banks to get them to make very risky mortgages available to low income, high risk people. To make banks comply with Clinton's "Bank Affirmative Action" requirements. Barney Frank and the democrats blocked any efforts to reign in and oversee the looming crisis. But Hey, Blame Bush. These people should be in jail, not elected office!
Read more...
Friday, October 10, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment