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Politics : President Barack Obama

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To: pcstel who wrote (145717)9/11/2014 1:35:50 AM
From: tejek  Read Replies (1) of 149317
 
Again?

How many times do I have to post it?

marketwatch.com

Fannie Mae and Freddie Mac were a minor problem in a huge economic disaster. Banks in conjunction with realtors were coming up with 'creative' loans that entrapped way too many people in a financial mess and then Wall Street turned them into 'stinky' derivatives that almost brought the world economy to a crashing halt. That's what the Bush administration and the Rs in Congress failed to monitor. And that's why the house of cards fell apart in 2007-2008.

Bush was the worst president in 100 years.
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