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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (704404)3/15/2013 1:19:01 PM
From: bentway2 Recommendations  Read Replies (6) of 1579137
 
We've explained it to you over and over, Dave. You just refuse to accept it.

Bush encouraged low income loans, while removing regulation from all banking sectors:

youtube.com

Telling the greedheads to go wild. What could go wrong? Everyone KNOWS markets regulate themselves!

The unregulated lenders made no down payment, stated income, no doc loans to anyone with a pulse, while the unregulated bankers above them packaged those stinky, rotten mortgages into Mortgage Backed Securities that they sold around the world, while lying about the rotten mortgages hidden within them. Safe as houses!
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