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To: stephenjohnbanker

You won’t acknowledge the deficit going down prior to dems taking control in jan 2007.

Bush pressed for tighter GSE regulation throughout. One frank and Dodd controlled the question in 2007 all restraint was gone. Franklin Raines said mortgages were without risk.

Clinton did not get lucky.

He got republicans in congress who saved the economy from exactly what is choking it now— looming massive healthcare.


34 posted on 08/05/2013 1:34:15 PM PDT by lonestar67 (I remember when unemployment was 4.7 percent)
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To: lonestar67

” Bush pressed for tighter GSE regulation throughout.”

No, he didn’t.

” One frank and Dodd controlled the question in 2007 all restraint was gone”

By 2007, 95% of the sub-prime damage had been done, and banks/ mortgage companies were already dropping like flies.


35 posted on 08/05/2013 1:48:09 PM PDT by stephenjohnbanker (The only people in the world who fear Obama are American citizens. KILL THE BILL!)
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