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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: The Reaper who wrote (262219)7/19/2010 7:30:17 PM
From: tejekRead Replies (2) of 306849
 
Nonsense my ass TJ. Google "The National Homeownership Strategy: Partners in the American Dream" and then come back and tell me that the roots for this mess don't reach all the way back there. You're the one spouting nonsense and frankly it's boring.

No, you're boring. You're working over time trying to convince me that Bush wasn't the problem. Every president calls for increasing home ownership including GW Bush. It doesn't mean the president is encouraging down low banking practices and encouraging Wall Street to come up with crummy derivatives. Bush set a tone that his administration would be long on tax cuts and short on regulation. And as his administration played out, the financial leaders in this country got more ballsy and took more risks.

Bush was the problem......and deserves all the blame getting heaped on him.
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