My god, ur stupid. For the umpteenth time, this is what caused our present financial situation:<quoted text>
The right - they nearly kill this country under Bush & now think the suffering they caused is amusing.
Why don;t you people backup your sorry asses & just GTFO
Ted Krager - 2012 - Political Science
The True Causes of the Financial Crisis Ted Krager. As you are learning, it wasn't
Wall Street greed or the banks' greed that caused The Financial Crisis.(It was ...
BO and ACORN sue CITI Group to force banks to make bad loans, they win , opening the flood gates in app.1994:
Obama Sued Citibank Under CRA to Force - Media Circus
Oct 3, 2008 – UPDATED: Obama Sued Citibank Under CRA to Force it to Make ... Looks like a typical ACORN lawsuit to get banks to hand out bad loans.
Banks are overloaded with bad loans they can't unload, Clinton comes to the rescue, rewriting Fannie and Freddie rules to allow them to buy the subprime loans
The Nature and the Origin of the Subprime Mortgage Crisis
In the past Fannie Mae prohibited the lenders it was dealing with to engage in the ... of Franklin Raines, a Clinton Administration appointee, Fannie Mae began to ... Thus the lenders could write the mortgages as adjustable interest rate .... the Fannie Mae Corporation is easing the credit requirements on loans that it will ...
A 33% increase in the number of buyers now looking for homes drives housing prices thru the roof.
Exactly what you think is going to happen, happens and here we are.
Deny it,refute it, show me otherwise.