Saturday, March 19, 2016

Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown

I keep Hearing Bernie talk about the "Evil" Wall street banks are the sole reason forthe economic meltdown of 2008. You look at it this way. The 'Community Reinvestment act Forced Banks to give subprime mortgages to people that could not afford them. The Loans were backed 100% by the government. Wow, they are throwing millions to the Banks without a care in the world on the side of the banks. They re-packaged them and re sold them to other banks and probably made money on them. There were warnings that the program was failing, but the Democrats doubled down on the program with warnings. After the Collapse you hear the Liberal Progressives today still blaming Bush! Just like Obama they never take credit where the credit is due, especially if it didn't look good.
















trouble in the auto industry?

http://www.zerohedge.com/news/2016-03-18/subprime-auto-delinquencies-soar-past-crisis-levels-now-highest-20-years

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