vicatman Wrote:
Feb 02, 2013 7:08 AM
annfan...spot on,,,the dems created the bubble starting with bubba clinton when he signed the bill that gutted Glass-Stegal,,the talking heads say it had no effect,,they lie, clinton also signed a bill that totally DEregulated derivatives(MBS, CDS,CDOs) AND the bill that changed how fannie and freddie were regulated,,,allowing them to do pretty much what they wanted...W tried on many occasions to reign in fannie and freddie and EVERY time any bill was blocked by frank dodd and that idiot from la la land maxine waters...chris dodd even made the statement,,,if the regulations are changed for fannie and freddie the people that CAN'T afford a house wont be able to buy one.... the dems pushed subprime,