tinner.....here's your basic problem....you believe that something must be done to create a problem or mess....
And what laws did they pass in 2007 and 2008 that changed anything? I'll wait!
unfortunately, politicians live in the "court of public opinion"......
and, innaction in the face of a looming problem is also a plan.....
a lot of damage gets done by doing nothing...not solving a problem or "adding fuel to the fire"
everyone, Repubs & Dems saw the adjustment cycle for the mortgages approaching....it had occurred before.....
so, the Dems did nothing.....Barney Frank and the Dems pushed to write more and more mortgages to people who would not be able to afford them when the "interest only" cycle ended and their mortgage rate would readjust....
THEY KNEW EXACTLY WHAT WOULD HAPPEN!!!!
why do you think they created such a frenzy....it was for Koolaid drinkers like you....
THERE WAS NO "CRISIS".....
A crisis was created intentionally.....
when the President of the US says there is a crisis....there is a crisis.....
they then, blamed him....
keep sucking down the Koolaid....
the crisis has been the source of all the Demorats encroachment into the private sector and expansion of government we have seen in the last year....
yet, no private sector jobs are created.....no bail-out for Americans.....
don't you find it strange that all the emphasis is on government control and nothing goes to the development of the private sector ?
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