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Re: Image comments for US economics explained
Posted by: Mrkim
Date: 07/01/2013 12:16PM
And to think, the real housing crisis/bubble began way back in the 70s w/Jimmy Carters hair brained ideas ... another fine example of Democrat lunacy.

At least American voters at that juncture were astute enough to make him a "Once and Done" choom (*binladen*)

BTW, congress under GWB tried on several occasions to get a grip on the sub-prime BS and guess what, the Dems screamed bloody murder about how the Repubs were trying to cut out poor people from home ownership and even raised the stakes higher by implementing new legislation FORCING lenders to make bad loans. And ...... then Obozo himself played a pivotal role in the enforcement of these policies by filing lawsuits against lenders who tried to make loans based on credit worthiness instead of the bad policies the Democratically controlled congress had foisted upon them (*horse*)

Opps, forgot to add that he conveniently forgot about all that by the time he schmoozed his way into the Oval Office in 08 and all too conveniently blamed the same GWB that had tried to at least slow down the steam rolling the lenders were getting for having instead been instrumental in making the collapse his own party had so craftily orchestrated eye rolling smiley

smoking smiley

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