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Posts tagged “Housing Crash

The root of the problem

A friend posted this.  It’s so good, I have to post it to my blog.  Partially because Bill Clinton was just on the DNC Convention telling people that President Obama came into office with essentially someone elses problem on his desk.  Well, what happens when you are in the kitchen?  You get dirty:

Fact Check: Obama Had More to Do With 2008 Economic Meltdown Than Bush Ever Did

Apparently, as a “Community Organizer”, Obama sued banks to ease their lending practices.  Obama is partially to blame for the financial crisis that he failed to recover from.  More over this “deregulation” was a result of years of pressure from Progressives such as Clinton (Mrs), Obama, and others.  Why would Conservatives even think that loaning to people who can’t afford or have no history of being able to pay those types of loans?