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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (429953)10/24/2008 3:30:01 PM
From: i-node1 Recommendation  Read Replies (3) of 1575914
 
I said, "None of US knows". You and me and others on this thread. I didn't intend to suggest NOBODY knows.

It is crystal clear that it was, however, at its root, a problem of lending money to individuals who could not reasonably have qualified for the loans. Are you arguing this point?

The liberals CAUSED that particular problem. The Republicans tried to stop it but didn't have the political power. Dodd illegally accepted money from the lenders. Frank stood in the way of legislation that would have eliminated the requirement that loans be made to unqualified individuals.

It is a problem created by the liberals and when the Rs tried to fix it before it became a crisis, the liberals stopped them.
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