@lost So when was the housing loans decision made? oh thats right the
past, making that a failed policy of the past. You dragged Bush into the
argument not me but now that you brought it up do you really mean to try to
claim he had a successful presidency?
@Lost and mountanmanright it was the single act of ho,e lending that
brought down our economy. A little myopic don't you think? by the way the
housing mess would by definition by part of the past policies would it not?
What started this mess was the federal government controlled by the Democrats in
congress meddling in the housing market with subprime (backed by Fanny Mae and
Freddy Mac) housing loans to anyone who applied with no assets, no job, no
income. Of course when they didn’t service their loans and banks got
saddled with toxic assets, who got the blame? Why, good ole Geo. Bush with good
ole Barney Frank and the rest of the Demoborrowers hiding under their desks
pointing their fingers at anyone but themselves!
George,got anything besides the DNC party line of "blame
bush"?the policies that tanked our economy were the
"eliminate lending standards so everyone can buy a house" forced onto
fannie and freddie by bill clinton and barney frank. I have not heard anyone
calling for a return to those policies.
@lostfor what, a return tot the polices that got us in this mess? I
don't think so.
Infortunately, too many people are so used to BO's 8+ percent unemployment
they now accept that as the norm. BO's gotta go.