Tou write: Ownership Society. The immediate root of the current financial crisis lies in Bush’s encouragement of easy credit to everybody and inflating the housing market.
This is not correct, Clinton is the one who wanted to see everyone own a house, even if they couldn't afford it. He is the one who changed the banking rules, rules that had been in place since the 1930's. Janet Reno pressured banks to give loans to people who shouldn't have them, by threating discrimation law suits. The fault of this ression lies at Clintons feet, nobody else. Although Congress could have stopped it, but who wants to be the one who votes against people owning homes ?? Clinton is the wrost President ever, but I tend to think our selection of Presidents is getting poorer and poorer. --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
