And...you are making things up because it makes you feel above the fray. Answer me this: when did I even mention Bush? See the difference here? I post links to outside sources tying the story together; you guys get your panties bunched that I dared take a contrary view.

Who's the problem here? If you guys spent as much time reading as you did on cars, maybe you'd be a touch more informed.

 

Prove it. Bring links. I have a pen full of ostrichs telling me I'm the ostrich. Projection anyone?

 

Agreed.

Maybe he can post to some spin blog to correct us.

I get the idea to encourage subprime lending. You want to provide people low on the ladder the opportunity to get a leg up in hopes that home ownership brings the same advantages to the poor that it brings to the middle class. It just turns out the policy went to far and was an unmitigated disaster.

The deregulation of "credit default swaps" was also a complete mess, and I don't choose to let either side off the hook. Its just Slamnasty that sees only one side with unclean hands.

 

I don't have time to bring links; I'm at work paying for all the minorities who got lending they shouldn't have...

[B]"Across the nation, black and Hispanic borrowers helped fuel a multiyear housing boom, accounting for 49% of the increase in homeowners from 1995 to 2005, says Harvard's Joint Center for Housing Studies. But Hispanics and African-Americans were far more likely to leverage the American dream with subprime loans

 

[QUOTE=chrisjgiuliano,Dec 15 2008, 10:43 AM] I don't have time to bring links; I'm at work paying for all the minorities who got lending they shouldn't have...

[B]"Across the nation, black and Hispanic borrowers helped fuel a multiyear housing boom, accounting for 49% of the increase in homeowners from 1995 to 2005, says Harvard's Joint Center for Housing Studies. But Hispanics and African-Americans were far more likely to leverage the American dream with subprime loans

 

how come it becomes dems vs rep issue? Enough blame to go on both sides. Very few innocent party who are involved in this mess. Liar borrower, greedy brokers, stupid bankers, irresponsible traders, blind investors. Everyone let the dollar sign cloud their judgment.

 

Very pertinent question, and despite what many here would have others believe, I do not kneel daily and nightly to pictures of Democratic congresspeople. Rangel for example has a lot of issues he should probably be kicked out for, as well as a few others.

It shouldn't have to be a one vs. the other issue, but that's our political system. I don't necessarily enjoy it anymore than anyone else, but the unfortunate thing is stories get cast in one light or the other, and people feel empowered to spout off about stuff they think they know, when they don't.

Yes, all of the above you mentioned are responsible *on some level*. Money clouds a lot of judgement yes, no argument.

 

Slamnasty =

J/k, I'm out!

Good luck to all and enjoy paying for Pablo's house!

 

Believe it or not, I actually found that funny.

 

lol good, humor fixes all :-)