Bill Clinton deregulating the Community Reinvestment Act in 1995 started this mortgage crisis.
Lenders were pressured into giving home loans to unqualified people under the name of "Affordable Housing" or else get a visit from the ACLU.
You can search "Community Reinvestment Act" on YouTube and see video of Bush, McCain & Greenspan warning of serious problems while democrats Barney Frank, Maxine Waters and Chris Dodd are defending the CRA and Fannie Mae.
Both sides are guilty of allowing to happen.
But you should think twice before calling someone stupid.
CRA was NOT a creation of the 90's son. The means to start the mortgage crisis started long before then IF you're blaming the law. Even if you did, you'd be wrong.
You need to get your facts straight son and take the politics out of your claim if you want to be factual.