Yep, whereas Bush didn’t do that. In fact, he warned against it.
“Yep, whereas Bush didn’t do that. In fact, he warned against it.”
No he didn’t. He did the opposite, praising Fannie and HUD for the American Dream Downpayment Initiative that provided “free” downpayments to people who didn’t have them.
Dubya never once complained about subprime lending. He was all in favor of it. The only housing related issue that he was concerned with was Fannie having an inadequate capital ratio and that has nothing to do with objecting to subprime lending.