Is bush a dem now ? Because I remember him making a speach once about how everyone should be able to own a house including minorities.
That's his "hopping on board".... All efforts to curb FNM or regulate it were met with vehement opposition by the Dems, so much so that it apparently could not be overcome.... So, "if you can't beat 'em, join 'em"... I'm not saying Bush is guiltless... But he wasn't in office when it started.
Banks didn't give away anything... they were ripped off by deadbeats who defaulted on freely signed, legally binding contracts. You must be either a punk kid or a deadbeat yourself not to see that.
Please, the post was made in jest. Jack invent the copier, the PC, software languages, and the internet and email? Goes to prove "Common Sense" is a dying commodity. You are what you are . . .
They were selling them off all over and kept the worst pieces on their books. Funny noone mentions the role of S&P and Moody which knowingly gave this worthless paper AAA ratings so that they could be sold to government pension funds. The same people at the ratings firms who were in charge of the critical process are still there, while firing a few underlings who had little or nothing to do with this.
Oh please yourself. I suppose this post was made in jest too... I plan on being in AZ this winter sometime. For you I would suffer a day or two in Tucson as long as I didn't see a Warthog flying overhead. http://www.elitetrader.com/vb/showthread.php?s=&postid=1587656&#post1587656
Hey, I would have dinner with a miscreant like you too. It would be better than an evening in front of the Comedy Channel. Shoot me over your address and I'll come visit.