[SmileRight]

This is the second in a series of articles John R. Smith is writing about the origins of the mortgage meltdown and the resulting OWS movement.

[EagleUSA]

And these THREE STOOGES can be tagged for much more.

[Excellence]

The problem is how do we enable all 350 million people in this country to know and understand this.

[Mr. K]

People are way too stupid (in general) to understand that messes this big take 10-20 YEARS to form.

The housing mess was a direct result of Democrap policies created by Carter, but implemented with full force by Clinton.

And even then the banks were smart enough not to follow the stupid rules UNTIL Andrew Cuomo (under Clinton) lit the fuse of this time bomb by SUING one big bank (for “redlining”) and WINNING a multi-billion dollar verdict.

All the other banks saw the writing on the wall and did what they were told, ESPECIALLY after Fanny Mae and Freddie Mac started buying these toxic notes thereby guaranteeing them.

[InterceptPoint]

This is the Clinton Legacy.

But I have a question: Where in the heck was George Bush while this was going on? Most of the damage occurred during his watch. We had 8 years for him to figure this out and do something about it.

Well, he didn’t.

So, IMHO, we need to add George Bush to that list.

[T.O.K.]

This may not be new news to anyone, but certainly, when you see the account of events listed in order, it hits you that our government is truly the dumb bully that screwed things up for those of us trying to play by fair rules. I wonder how many liberal Democrats care to refute any of these facts listed? Better yet, how about defending them . . . I’d like to hear that!

[Jeff Head]

And Obama, through ACORN, was right in the middle of it from the get-go. As a community organizer, lwyer, Illinois Rep, and US Senator.

OBAMA HELPED CAUSE THE ECONOMIC CRISIS

[Venturer]

They are leaving out Barney Frank.

[If You Want It Fixed - Fix It]

Who’s to blame when you spend more than you ought?

Find a scapegoat and lynch him, or them.

Who’s to blame when you get fat eating McDonald’s french fries and big macs?

Find a scapegoat and lynch him, them.

“What is wrong with the world? Me”
G.K. Chesterton

So, are people SHEEPLE, or do they have individual responsibility?

All your woes are always your fault. Unfortunately.

[US Navy Vet]

Read this book:
http://www.amazon.com/gp/product/0805091203

[353FMG]

You can blame anyone for wrongdoings but if you don’t hold him/her responsible and if there are no consequences for their actions, it is all a moot point.

Typically of our touchy-feely, PC society — all talk, no substance.

[DJ MacWoW]

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Click The Starving Forum Skeleton To Donate

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[Laserman]

Any analysis of the mortgage crisis that does not put Barney Frank at or near the top of the list of culprits is flawed in its foundation.

[Matchett-PI]

bttt

[bgill]

Which Senator got the biggest kickback from Fanny/Mac? Hussein.

[org.whodat]

And the same old crap of getting it wrong, the mortgages that blew apart were made at the tail in of the mess, home price got so high, no one could pay the payments, in walks all the sub-prime mortgages, interest only, and second notes, etc., the standard mortgages made back during the early years were never the problem. http://useconomy.about.com/od/glossary/g/subprime_mortg.htm

[hattend]

Actually, professional politicians of all stripes are to blame.

Term limit the lot of them.