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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?


To: JBTFD who wrote (138971)9/28/2008 3:29:22 PM
From: longnshort  Respond to of 173976
 
Pelosi: Dems bear no responsibility for economic crisis
By Klaus Marre
Posted: 09/16/08 04:14 PM [ET]

House Speaker Nancy Pelosi, when asked Tuesday whether Democrats bear some of the responsibility regarding the current crisis on Wall Street, had a one-word answer: “No.”



To: JBTFD who wrote (138971)9/29/2008 10:54:08 AM
From: d[-_-]b1 Recommendation  Read Replies (1) | Respond to of 173976
 
First of all I don't believe she said that because you said so without a quote.

For someone who pretends to be so informed - this really shows you to be either a Moron or a party hack.

For example your point looking at the "community investment act" or legislation under Carter for God's sake and trying to say that those things are responsible for the mess we have today

1998 Clinton - no wonder you misunderstand so much you're reading challenged.

How many of the loans now in default were made at that time???? I bet it is a VERY SMALL PERCENTAGE of the loans in default now. The majority of the loans in default were originated in the last few years.

The point was how it started and then banks were continuously pushed harder and harder to make the "dream" possible for illegals and those with no obvious means to repay.