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<blockquote data-quote="island1fox" data-source="post: 812936" data-attributes="member: 4816">hubrat,Another re-write of history but it is all fiction. Here are the real facts--it has been government INTERVENTION-with banks and the mortgages that was the root cause of the disaster. LIBERAL POLICIES.Fannie mae was started a very long time ago --FDR --probably before you were born. Carter the COMMUNITY REINVESTMENT ACT ---Clinton --the repeal of Glass/steagle --Obama&#039;s Community organization ACORN -sued City bank for not having enough MINORITY mortgages.Zero down payment RISKY GOV BACKED loans went like wildfire for over 20 years --all politicans even Bush wanted to shout about the great housing growth with more minorities than ever owning homes--{forget that many were unable to pay for them) . At&nbsp; this point --this all liberals can remember--because of the stupid liberal policy Wall street greed created the derivatives -we all know where we are today.If Liberals would stop pushing these these dopey policies and PEOPLE took responsability for themselves --we may get out of this mess.The housing bubble burst under Bush true --but the cause of the &quot;housing bubble&quot; were over 60 years of liberals pushing banks to make risky loans or the<img src="/community/styles/default/xenforo/smilies/FeltTip/sad-little.png"&nbsp; class="smilie" loading="lazy" alt=":sad-little:" title="Sad Little&nbsp; &nbsp; :sad-little:" data-shortname=":sad-little:" /> race card would be used against them. Keep yelling wallstreet--wallstreet--without the liberal push for minority house ownership it would have NEVER HAPPENED !!&nbsp;Sadly , you have spoken of &quot;closed minds&quot; While I can easily see the greed oF Wall street( the so called right) -I also see the cause (liberal policies -so called left)Can see and condemn both --you --&quot;open minded &quot; can only see what your left eyes will permit you --very sad<img src="/community/styles/default/xenforo/smilies/FeltTip/sad-little.png"&nbsp; class="smilie" loading="lazy" alt=":sad-little:" title="Sad Little&nbsp; &nbsp; :sad-little:" data-shortname=":sad-little:" /></blockquote>

[QUOTE="island1fox, post: 812936, member: 4816"] hubrat, Another re-write of history but it is all fiction. Here are the real facts--it has been government INTERVENTION-with banks and the mortgages that was the root cause of the disaster. LIBERAL POLICIES. Fannie mae was started a very long time ago --FDR --probably before you were born. Carter the COMMUNITY REINVESTMENT ACT ---Clinton --the repeal of Glass/steagle --Obama's Community organization ACORN -sued City bank for not having enough MINORITY mortgages. Zero down payment RISKY GOV BACKED loans went like wildfire for over 20 years --all politicans even Bush wanted to shout about the great housing growth with more minorities than ever owning homes--{forget that many were unable to pay for them) . At this point --this all liberals can remember--because of the stupid liberal policy Wall street greed created the derivatives -we all know where we are today. If Liberals would stop pushing these these dopey policies and PEOPLE took responsability for themselves --we may get out of this mess. The housing bubble burst under Bush true --but the cause of the "housing bubble" were over 60 years of liberals pushing banks to make risky loans or the:sad-little: race card would be used against them. Keep yelling wallstreet--wallstreet--without the liberal push for minority house ownership it would have NEVER HAPPENED !! Sadly , you have spoken of "closed minds" While I can easily see the greed oF Wall street( the so called right) -I also see the cause (liberal policies -so called left) Can see and condemn both --you --"open minded " can only see what your left eyes will permit you --very sad:sad-little: [/QUOTE]

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