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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Smiling Bob who wrote (175312)1/6/2009 11:27:06 AM
From: Patricia TrincheroRead Replies (5) of 306849
 
I blame both parties for this mess. Each and every man and woman in the Congress could have shown the intestinal fortitude to alert the world to this mess. But, instead, they opted to CYA and keep their own gravy train running on high.

I also wish Obama well but I am afraid he is not experienced enough to handle this mess.............a position I took a least a year ago and have not changed. He has now exhausted his personal sales pitch to the public using old slogans by famous and popular former men, and it's now time to show us what he stands for. The CLinton team he has a hired helped create the bubble when they encouraged NAFTA and the sale of mortgages to the subprime borrowers by Freddie and Fannie.

Obama was in Congress for two years only and the people of this country elected him..................if he wasn't aware of the dire condition we were in then shame on him for running for an office he wasn't qualified to hold...............and shame on the people that voted him in after only two years in the Senate.

If I had an inkling of the depth of this mess then there is no excuse for him to be blindsided.
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