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To: BipolarBob
In an effort to make “housing affordable”, they hatched a scheme to facilitate lower income people to have a way to get their dream house. The only hitch was they couldn't’t afford it. And when it all blew up, they blamed everyone except the real perpetrators. <<

Right on!...The liberal mind tries to sidestep every “natural law” known to man in their rush to Utopia....Always with the same results...

Sisyphus would be proud...

8 posted on 12/03/2010 3:55:05 AM PST by M-cubed
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To: M-cubed

M-cubed. Have you read anything about this issue at all. Have you no clue. Do you know anything about the securitization of mortgages and the results of the esoteric financial instruments produced by Wall St. played in this debacle?
Do you have any clue about the Feds easy money policies and their effect on housing prices?

Do you just parrot what some talk show host says?


9 posted on 12/03/2010 4:01:23 AM PST by BiggieLittle
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To: M-cubed

Liberals were not the only culprits in the housing meltdown. Wall street banksters were equally culpable in the mess we are in.


11 posted on 12/03/2010 4:05:48 AM PST by GlockThe Vote (Who needs Al Queda to worry about when we have Obama?)
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