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News White House Philosophy Stoked Mortgage Crisis

White House Philosophy Stoked Mortgage Crisis

Submitted by Karl MarxRwe | 1 year ago

NY Times - “We can put light where there’s darkness, and hope where there’s despondency in this country. And part of it is working together as a nation to encourage folks to own their own home.” — President Bush, Oct. 15, 2002 We wouldn't be in such a mess with total state control

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Karl MarxRwe 1 year ago

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this was Democrats pushing a socialistic environment. Barney Frank should be removed with Dobb but i … Show full comment

Capitalism, uncontrolled and deregulated by the Bush Administration and his illegal war caused this to happen a more Western European Model will solve all our problems. You people on the right have it all wrong.

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Patriot Watch (Independent) - 1 year ago

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This was the absolute extreme example of entitlement gone wrong. The government has no busines help … Show full comment

this was Democrats pushing a socialistic environment. Barney Frank should be removed with Dobb but instead they are still making financial decisions.

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Darwin (Republican) - 1 year ago

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Mr. Bush did foresee the danger posed by Fannie Mae and Freddie Mac, the government-sponsored mortga … Show full comment

This was the absolute extreme example of entitlement gone wrong. The government has no busines helping people at tax payers expense that clearly have no fincial position to uphold their end of the deal.

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Patriot Watch (Independent) - 1 year ago

Mr. Bush did foresee the danger posed by Fannie Mae and Freddie Mac, the government-sponsored mortgage finance giants. The president spent years pushing a recalcitrant Congress to toughen regulation of the companies

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