Not the "OMG OMG the CRA" excuse that had been debunked a gazillion times.<quoted text>
"Housing started to slide...."
You write as if this is the first time in history housing started to slide. Housing starts go up and down routinely.
What happened was, the Democrats' Marxist CRA program caused a fraudulent demand for housing not supported by the economy.
Here is a link where you can read quotes from Democrats negotiating with Republicans for no effective oversight of their Marxist CRA program:
Democrat senators voted for the war in Iraq.
Sens. Akaka (D-HI), Bingaman (D-NM), Boxer (D-CA), Byrd (D-WV), Conrad (D-ND), Corzine (D-NJ), Dayton (D-MN), Durbin (D-IL), Feingold (D-WI), Graham (D-FL), Inouye (D-HI), Kennedy (D-MA), Leahy (D-VT), Levin (D-MI), Mikulski (D-MD), Murray (D-WA), Reed (D-RI), Sarbanes (D-MD), Stabenow (D-MI), Wellstone (D-MN), and Wyden (D-OR).
There's a connection here, dumbass.
The Democrats didn't turn against the war in Iraq until there was nothing left for the Republicans to give them.
The Democrats' Marxist CRA program collapsed the economy after two years oversight (fuck you) by Democrats Dodd and Frank, from whom we heard a constant stream of lies right up to the collapse.
Coincidentally, the institutions that caused the collapse gave more money in bribes to Dodd than any other member of the entire Congress. Second was Obama.
After Obama was named president, these same institutions were reimbursed for far more than their losses due to the economic collapse they caused.
Yes Democrats voted for the war in Iraq because George Bush told them about the smoking gun mushroom cloud.
Two years of Democrat oversight was Jan of 2009. How come you are too GD stupid to know this? By that time, half the bailout was spent, housing had already collapsed & the recession was a year old.
Just how GD uninformed are you?
Go back to your subsidized job.