Quote:
Originally Posted by jinx
But isn't a lot of this the result of Bush's (not a liberal) plan to increase minority home ownership? I mean, ARM's have been around forever, why is it that suddenly no one understands them and they are predatory? What changed?
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Obama “Deregulation Caused This Crisis” - An Ignorant Claim Or Political Spin?
Posted on September 22, 2008 by mcauleysworld
Obama continues to blame the current financial crisis on “deregulation”. Either Obama knows that claim to be false or he is ignorant of how this crisis evolved:
The path to our current cirisis started with these steps;
http://mcauleysworld.wordpress.com/2...olitical-spin/