“The Bush administration let these thieves run wild and now the taxpayers are on the hook for this debacle.”
Yes, the Bush Administration did precisely that, but the problem and the blame goes back to Reagan and was shared by GHWB and Clinton.
FOLLOW THE MONEY-——
Who made the most money off this mess?
Wall St/large banks with their securitized mortgages and derivatives
Your posts are very good. But one must also blame the Fed’s excessively easy money policy. So blame Alan Greenspan and the Fed for that
The easy money was the rocket fuel for Wall Street. They are natural born thieves but needed easy money to leverage their businesses 30 to 1 the way Lehman did
And yes mortgages to unqualified minorities and other poor folks is a small part of the problem
Uh....don’t forget the Blame America Firster, James Earl Carter...