Name:   phil - Subject:   Martini...Tell Us The Rest Of The story Date:   1/9/2019 8:54:19 AM

Yup and nothing the preceding president(s)/congress did contributed to the recession.  It is funny you claim that everything good that happens under any administration is because of previous Demonrat administation and everything bad always starts on day 1 of republican control.

http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877322,00.html

Bush may be listed as a contributor along with Alen Greenspan

Clinton set the stage for it - without many of these repeals the housing bust probably would not have happened.

"without Among his biggest strokes of free-wheeling capitalism was the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act, a cornerstone of Depression-era regulation. He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods."