Make that he's not stupid anymore. As Secretary of HUD (Dept of Housing & Urban Development) he pushed hard for increasing home ownership, which is code for forcing banks to accept dodgy borrowers. It was a factor (one of several) in the housing/debt boom and subsequent financial disaster which we are still digging out of.
I think he’s grooming himself to be president. The homosexual marriage law may hurt his chances.
“which is code for forcing banks to accept dodgy borrowers. It was a factor (one of several) in the housing/debt boom and subsequent financial disaster which we are still digging out of.”
How come it’s only here that I see somebody write that forcing banks to accept dodgy borrowers (a) happened, and (b) was a factor in the financial disaster?
Surely there must be more people than that who are aware of those facts, but the only thing I ever see or hear is “greed” — bankers, Wall Street, Republican fat cats, whatever.
Some very large portion of our population believes a lot of stuff that is just crap, and in a representative republic that is a recipe for disaster.
We must, absolutely must, start doing what the leftards did: get the word out by hook or by crook. Pamphleteer, pass out leaflets, have actual rallies, etc.
Hey, no one says we like him -- or even trust him. But he ain't stupid. New York needs the jobs and the tax revenue badly.
I am heartened at this. Upstate is desperate. Several thousand drilling jobs would be a real blessing.
And, as an extra added bonus, the inner-city liberals will be furious!