As Mona said:
In "Reckless Endangerment," Morgenson and Rosner offer considerable censure for reckless bankers, lax rating agencies, captured regulators and unscrupulous businessmen. But the greatest responsibility for the collapse of the housing market and the near "Armageddon" of the American economy belongs to Fannie Mae and Freddie Mac and to the politicians who created and protected them. With a couple of prominent exceptions, the politicians were Democrats claiming to do good for the poor
Once the Democrats had the policies in place, do you think the GOP had anywhere near the power to reverse it?
You mean the Republican party that had the WH and both houses of congress? Bush was too busy doing this with his presidency:
Bush pushes minority homeownership (FR post | June 15, 2002 | By KATHY A. GAMBRELL)
Bush seeks to increase minority homeownership (FR post USA Today ^ | 1-20-04 | Thomas Fogarty )
President Bush Mortgage Speech 2002(Helping those w bad credit buy houses)
Compassionate conservative was proved to be a huge failure under Bush as all those minorities voted Democrat by 2008 after they lost all those homes promoted above.
Yes I know what the Republican-Bush-Apologist talking points are about this, that is the main reason I have trouble listening to talk radio.