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"I too am looking forward to speakers..."
I bet you are, your hero, Bill Slick-Willie Clinton, the man responsible for the sub-prime lending fiasco which lead to the worst economic crisis in modern history, will be speaking. Keep drinking that cool-aid, son.
"Clinton was out, but Dubya was fully in all 8 years of this. How stupid can you Republicans get? "
The only thing Bush has had to do with this is that in 2004 he (along with McCain who cosponsored the bill) and a few other congressmen tried to overhaul and regulate how Fannie Mae and Freddie Mac were run and their...more
"Subprime was created by banks. Alternative mortgages escalated in 1986 with the Tax Reform Act..", etc, etc blah blah
No they did not escalate in 1986. The mortgage interest tax incentive, by itself, did not create an environment of giving unsustainable mortgage loans to unqualified borrows like it was candy.
“BAD Americans refi'd several times a year...”
And who do you think it was that forced banks into allowing every Joe Blow in the country a free ticket onto the pyramid scheme of over-valued, subprime mortgages? I believe it was your hero, Bill Clinton. The 2008 economic crash was not some “evil corporation” sche...more