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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (268)9/1/2011 9:21:37 AM
From: KyrosL2 Recommendations  Read Replies (1) | Respond to of 85487
 
One can easily argue that the housing mesh was inherited by Bush from the Clinton administration courtesy of guys like Barney Frank and the Frank protected management of Fannie Mae.

Bush had eight years most of them with a Republican Congress to fix it, if he wanted. I think the involvement of the Federal government in home mortgages started around the time of the Great Depression and continues to this day with the complicity of both parties, though the Republicans loudly proclaim their opposition when the Democrats are in power. I think the Federal government should get out of this business ASAP, and so do a number of Democrats as well as most Republicans.