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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (436640)11/24/2008 8:55:37 PM
From: Brumar89  Read Replies (1) | Respond to of 1574188
 
Nevertheless the securitization of subprime mortgages began under Clinton as I indicated. And it was never a good idea.

Your assertion that ALL the loans which have defaulted were written while Bush was President is something you clearly just made up.

Not that it matters when they were written. They were written because of government policies that Democrats initiated and loudly supported right up to the end and that Republicans acquiesced in against their better judgment.



To: tejek who wrote (436640)11/24/2008 10:04:04 PM
From: bentway  Read Replies (1) | Respond to of 1574188
 
You also didn't get the kind of flaky mortgages and qualification requirements that let anyone with a pulse get a house until the Bush admin. He green lighted foolish greed.