mamooth
Diamond Member
What a crock of shit you leftist believe. The housing market failure was directly linked to the Clinton Administration's decisions regarding bank regulation and their push to force more lending to low income people who were not credit qualified to purchase a home. The history of who opened Fannie Mae and Freddie Mac is crystal clear.
Yep, and that history shows your story there is yet another crazy fraud that your cult tells you to push. No, poor people did not cause the housing bubble. The housing bubble was global, and it affected commercial real estate too, all of which has jack to do with poor people in the USA. And F&F didn't start the bubble, they chased it and got burned, which is a totally different thing.
However, those are just facts, meaning you'll ignore them and go into one of your bedwetting meltdowns. That's the only way to maintain a conservative mindset, by flat-out rejecting reality.