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Re: Nettles post# 24573

Tuesday, 10/14/2008 1:10:12 PM

Tuesday, October 14, 2008 1:10:12 PM

Post# of 42555
It was the Bush admin that went to Greenspan & directed him to come up w/a way to get more folks into homes as prices continued to soar...so enter the neg am loan & Greeny keepin rates low....actually cuttin'em consistently each & every Q for quite sometime.

What's BS is that Bush continues to blame the Wall St, the banks & mortgage industry....of course they were all too happy to play along...as instructed by bush himself. Now he's trying to keep himself as removed as possible from all the blame...same as it ever was...someone else always takes the fall...tphhhfftt!!!

The buck stops w/Bush on this one...no matter how he tries to spin it all....it all began w/him & his economic plan....can't believe more folks aren't talking about this....surely Greenspan will be keepin his yap shut.



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http://www.zeitgeistmovie.com/

http://www.thevenusproject.com/

"Risk comes from not knowing what you're doing."

Warren Buffet

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