Does Anyone feel like Bailing

[classicman]

Originally Posted by tw

Who kept saying, "The fundamentals of our economy are sound"? Even the spread sheets are now exposing how 'sound' this economy has been.

All the democrats were for years when it was time for some foresighted leadership. This administration certainly didn't make things better,not by a long shot, but to lay this at the foot of this idiot is unfair and untrue. This whole mess started when Clinton was in office and the lenders had quotas to reach on "affordable" housing.

[Griff]

Originally Posted by classicman

This whole mess started when Clinton was in office and the lenders had quotas to reach on "affordable" housing.

That is one thread. There is also deregulation without transparency, enormous deficit spending, desperation, and criminality. Some hedge fund numbers come out today supposedly the same smarties who created a lot of these bullshit portfolios moved to hedge funds when things started getting shakey.