Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (74348)	4/15/2019 3:45:16 PM
From: louel	Read Replies (1) \| Respond to of 74559

Actually if you take the time to research. The Real estate bubble of 08 was a result of Bill Clinton signing into law the Affordable housing act in 1996. Forcing banks under penalty forcing Banks to grant mortgages to buyers whom on examination of finances they knew could not meet the payment schedule. I willingly admit George Bush was fully aware of the unstable forecast the program may create at the time. And that it was proceeding according to forecast. But did nothing to correct it. Letting the end result come to pass knowing Clinton had created it. Much Guilt lies on both sides.