In response to:

Fools Never Learn

Cartwright Wrote: Apr 04, 2013 10:38 AM
This is a repeat of what Bill Clinton did to set up the housing meltdown of '08. Of course his time-bomb didn't detonate until well after he was safely out of office, but Clinton's share of the blame for the recession is behind only that of Barney Frank and Chris Dodd. (All Democrats, by the way.) Meanwhile, the hypocrite-in-chief wants to emulate Clinton's folly, after famously reiterating that "we won't go back to the policies that got us in this mess."

Proving that fools never learn, the Obama administration pushes banks to make home loans to people with weaker credit

President Obama’s economic advisers and outside experts say the nation’s much-celebrated housing rebound is leaving too many people behind, including young people looking to buy their first homes and individuals with credit records weakened by the recession.

In response, administration officials say they are working to get banks to lend to a wider range of borrowers by taking...