Encouraged by Dems on the banking and finance committee to make bad loans to deadbeats. This was caused by government involvement in the economy.
Community Reinvestment Act. Pushed through, with opponents branded as racists.
BS.. it was caused by GREED, not government program and its idiotic to try to claim that... makes nice talk radio pinhead rhetoric, but its absolute crap BS.
GREED, and greed alone, blaming dems for it is stupid.. If you want to blame the government blame both parties for failing to properly enforce and regulate the damned industries and allowing this sort of crap to happen.