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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (39761)12/18/2009 5:44:41 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 71588
 
Re: "As a response to the developing crisis, not a cause of it."

ENTIRELY INCORRECT.

There *was no* 'crisis... not even a "developing one" until Congress and the White House took those TWO ACTIONS.

None.

No crisis, no 'Savings and Loan problem'. No bubble.

The politicians created the opportunity for massive fraud and, (of course!), there was no shortage of people willing to avail themselves of 'free money' at 'no risk'.

There ALWAYS is.