Originally Posted by
moreluck
Moreluck,
You know, Ive got to really try and not scream when i read your posts. I know you have your "opinions" about things, but man, do you have to be wrong 100% of the time?
You happen to be the most Mis-infomed person I have ever had to read.
You take everything you hear on FOX (by your own admission) and repeat it on this board over and over.
You had to make this quote? Well, here we go again, let me help you out. No spin, no fair and balanced, no right wing rhetoric, just right wing facts.
Here is your hero GW BUSH on the subject
In Bush's own words, he OWNS the housing crisis. Not Barney Frank, Not the democrats, not clinton, not fannie or freddie. BUSH himself said it very clear, he was asking fannie and freddie to INCREASE minority home ownership in the billions.
How'd that work out for ya?
Here's your hero trying to get out of responsibility for creating it:
Heres your hero trying to make jokes about the impending doom of our economy:
I dumbed it down for anyone who still doesnt understand what happened:
BUSH made a ginormous mess out of housing and the mortgage industry. He made it a point to HAND OUT downpayments for homes with taxpayer money to people who otherwise could not afford to buy a home.
This is ON HIM solely. He asked the mortgage industry to change the way it did business and make loans more accessible and eliminate the "BARRIERS" that prevent home ownership for minorities.
Moreluck, understand the reality of the housing crisis begins with rejecting the nonsense the republican party is selling.
Alot of people made tons of money during the bush administration in the housing market. It all went unregulated.
That money sucked out our economy and we are still paying for it.
Rush Limbaugh and the others link the housing crisis to the democrats and leave bush out of the discussion for a reason.
That reason?
Confuse people like you on the issue.
The housing crisis lays on BUSH's shoulders and his only. Yes, greed by everyone else both democrat and republican alike took over after it was started and for that the blame gets spread around equally.
In fact, we as americans are all to blame.
Peace.