It wasn't the Democrats fault either, at least no more so than the Republicans.
People should stop looking through political prisms to explain events. There are many reasons why bad things happen that have nothing to do with that other evil political party.
Yes it was the democrats fault. Look to Freddy and Fanny. When those two giats had to be shored up all hell broke loss. Oh did I mention Freedy and Fanny were democrat pet projects. Why havn't those two been sent before congress since most everybody else has.
Really?
Please explain to me how Fannie and Freddie caused the housing bubbles in Ireland, the UK, Canada, Spain, France, Portugal, South Africa, Singapore, China, etc., almost all of which had bigger housing bubbles than America.
I've yet to hear anyone who has made your claim explain this.
I'll wait patiently. Thanks.
Have you ever heard of multinational investors? You didn't think that just Amercans bought stock or those bad debt loans in Freddy and Fanny?
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