francoHFW
Diamond Member
All GOP Regulators were Pals of the people they were supposed to be regulating countrywide etc. It wasn't the bill or the regulations, it was The Regulators who are corrupt, just like The Regulators' oversight on Big Oil big Pharma big Health. Toxic assets being rated a+ etc etc.Actually dunce dupes, all George Bush's fault. Republican Regulators are always crooked and cause big bubbles and busts every time. Clinton did nothing but sign a Republican bill. Obama had a stimulus of 800 billion and every year paid huge amounts for welfare and unemployment for victims of George bushes b s. Started out at 800 billion and came down to 200 billion a couple years ago... Not a bit of it because Obama changed any laws. If the GOP didn't have propaganda and Dupes like you, they would have nothing.There was the little matter of George Bush's corrupt economic meltdown Obama came to office d u h so stupid...From FY 2010 until FY 2017, the deficits during those years are Obama's responsibility.
Obama signed a big chunk of the spending bills for FY 2009, plus his "stimulus" was partially spent in FY 2009.
I agree, Bush shouldn't have increased Clinton's subprime housing idiocy.
He made a bad situation even worse.
I could not agree more.
Though it actually started with Carter. But GWB went WILD with it (with good intentions I think - but disastrous results).
Really?
And just how can it be 'all George Bush's fault' when his Bill passed both Houses (unanimously, I believe)?
Actions - S.811 - 108th Congress (2003-2004): American Dream Downpayment Act
Also, you do not seem to know much about what caused the housing boom/bust.
Without the Federal Reserve lowering rates so far for so long - none of it would have transpired.
And don't forget the banks, who were giving away mortgages to almost anyone.