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To: teg_76

Wow. Congratulations on drinking the Obama kool-aid. You assert today’s economic crises is a result of President Bush’s fiscal and border policy? It’s obvious you have no idea or understanding of the key difference between FISCAL and MONETARY policy. You said fiscal policy. What a clown.

The financial mess was born primarily of Clinton’s Community Reinvestment Act which forced lenders to make risky loans to low-to-mod income people at high risk. Underwritten by Freddie and Fannie, (mortgage backed securities) these were loans that would not have otherwise ever been made available by private banks due to the risk.

Go ahead, love Obama. Obey him. Mindlessly agree with his every word. Gaze dreamy-eyed at him. You’re beyond a lost cause.


51 posted on 02/22/2009 7:32:15 AM PST by Mengerian
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To: Mengerian

You are clueless.....my quote:

“At least Obama pays attention to his constituents.”

Meaning the LEFT, you idiot. It was not an endorsement of Obama by any means. Maybe if you though instead of reflexively defending Bush you would have figured that out.


52 posted on 02/22/2009 7:38:26 AM PST by teg_76
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