[Tau Food]

I have told you why bankers were making as many loans to as many people as they could. It had nothing to do with Bush. Ultimately, it was all enabled by the fact that investors could not independently evaluate the risk of the securities they were buying and relied upon grades of AAA given to the securities by reckless rating agencies. Presidents don't have to force bankers to make money and it's not the president's job to try to stop them from making money.

Bush is NOT GUILTY. Again, you cannot name one banker in this country who was forced by Bush to make one loan. That was never necessary.

And, whenever investors again show a willingness to unwittingly spend good money to buy crap that isn't transparent (and that day will come), all of this will happen again.

And, I'm sure there will be folks who will blame it on Bush again.

[9YearLurker]

You keep ‘telling me’, but the eventual excesses—with banks bundling knowingly bad loans into inaccurately rated securities—developed out of and after banks were forced to lower their lending standards.

And Bush was right in there ignoring and encouraging it as that got worse and worse. You are being willfully or otherwise ignorant here.