The evidence Bush was complicit in this mess is quite apparent and easily accessed.
I stand corrected, and perhaps I should have spent more time (I hate looking for data points), thinking about my response.
And yes, to that end Bush was complicit, but I don't think, that he was in collusion with the democrats is up for argument. And this is where I take exception that some of this was Bush's fault.
I too, could (as well as many others) be faulted for whole heartedly endorsing home ownership.
But, wasn't the Bush administration early in flagging the dangers of Fanny and Freddie, which was source of all these "easy loans" touted by the likes of Barney and company?
Didn't they (the Bush admin) raise questions, pertinent to both quasi governmental lending entities, of dangerous lending practices?
As I recall, the Pelosi gang's defense of Fannie Mae and Freddie Mac, the pretense used by the dem's was that home ownership was a god given right, and folks like Franklin Raines, et. al., were doing one hell of a job to that end.
This is the point of difference that matters, doesn't it? |
