The Clinton administration made banks able to lend with no credit worthiness and in fact said it would enforce penalties for not following the policy.
Barney Frank pressured banks into making these unqualified loans. (they all are to blame).
All liberals thought it was a good idea to give these loans out to people who they knew would not be able to pay back. Makes them feel good and gets them votes from the masses. Now we will pay for those feel good ideas.
Give them something for nothing, now the chickens come home to roost.
Liberals no matter what their affiliation are responsible for this collapse. Greed and kick backs in the form of low interest mortgages to Congressional people and their families are obvious even though they will say there was nothing wrong. These snake oil salesmen.
There are so many wrongs here that it would be funny if it was not so tragic.
Vote them all out and start new.
Sunday, September 28, 2008
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