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To: rikkir
Democrats created the issue by forcing banks to give loans to those they knew couldn’t pay them, Fannie-May, Freddie-Mac, along with large brokerage houses bought these because they were being handed out

You may want to brush up on your history a bit.

If you're interested in what Bush really did instead of what his handlers said he did, visit my FR home page.

Bottom line: Bush's economic policies caused the real estate crash.

21 posted on 07/24/2015 3:17:05 PM PDT by Ol' Dan Tucker (People should not be afraid of the government. Government should be afraid of the people)
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To: Ol' Dan Tucker
While I read your page, I think some has merit while some lacks substance, and is innuendo. I have seen far more evidence that as far back as 2001 W was calling for stronger oversight of Fannie, and Freddie. I also remember News stories in which Dems accused Bush of not wanting to help minorities. See below:

https://www.youtube.com/watch?v=cMnSp4qEXNM&NR;=1

Sorry, I don't know why this link may not work.

I do know that President Bush did not order banks to begin issuing sub-prime mortgages. The actual practice began during the Clinton years.

Many bankers were heeding Bush/Greenspan warnings to curtail sub primes, when democrat operators in the FDIC threatened them with audits, and investigation (publicly calling them racists) if they did. What I have found is there are as many opinions about the cause of the financial crash of '06 as there are defunct banks, but in no way can it all be placed on the shoulders of George W. Bush.

31 posted on 07/24/2015 4:46:55 PM PDT by rikkir (Anyone still believe the 8/08 Atlantic cover wasn't 100% accurate?)
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