Off-Topic: Of course I can
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Name:   MartiniMan The author of this post is registered as a member - Email Member
Subject:   Of course I can
Date:   3/4/2009 10:45:20 PM

I've done it in detail in earlier posts but I will summarize. The current economic problem was caused by the COmmunity Reinvestment Act (CRA) and Fannie/Freddie distorting the credit markets. CRA was put on steroids by Clinton, groups like ACORN sued to force banks to lend money to people who were not credit worthy. During the Bush administration they tried several times, including Republicans in congress, to correct the problems but people like Barney Frank, Chris Dodd and others blocked every attempt. The record is clear, in

I could go into great and gory detail but I will recommend a national review piece that provides a good summary. I know its a conservative publication but there's nothing in the piece that isn't true. I'll post it later when I have time to find it as its been a while. I am honestly surprised that anyone even needs to hear this again. Even a casual observer that gets their news from something other than the mainstream media knows this is true.
Other messages in this thread:View Entire Thread
The Obama Economy - Jim Dandy - 3/3/2009 11:14:58 AM
     excellent recap - water_watcher - 3/3/2009 11:52:40 AM
     One thing I do not get - water_watcher - 3/3/2009 12:08:54 PM
          With all due Respect - Talullahhound - 3/3/2009 12:33:46 PM
               With all due Respect - MrHodja - 3/3/2009 1:15:16 PM
                    With all due Respect - Talullahhound - 3/3/2009 7:34:47 PM
               With all due Respect - water_watcher - 3/3/2009 1:25:42 PM
                    With all due Respect - Jim Dandy - 3/3/2009 1:44:14 PM
                    With all due Respect - Summer Lover - 3/3/2009 4:38:15 PM
                         With all due Respect - cobra - 3/3/2009 5:46:26 PM
                              With all due Respect - Summer Lover - 3/3/2009 6:32:09 PM
                                   With all due Respect - Talullahhound - 3/3/2009 7:33:15 PM
                                        With all due Respect - water_watcher - 3/3/2009 7:42:05 PM
                                        I just saw - water_watcher - 3/3/2009 7:50:01 PM
                                        With all due Respect - cobra - 3/3/2009 9:42:13 PM
                                             OK Din..... - lamont - 3/4/2009 8:40:50 AM
                              With all due Respect - alahusker - 3/3/2009 8:13:57 PM
     The Obama Economy - MartiniMan - 3/4/2009 9:50:02 AM
          The Obama Economy - lakngulf - 3/4/2009 10:42:38 AM
               Of course I can - MartiniMan - 3/4/2009 10:45:20 PM
                    Of course I can - lakngulf - 3/5/2009 6:36:32 AM
                         Lets see them - MartiniMan - 3/5/2009 8:52:26 AM
                         Sorry, need to read it all - MartiniMan - 3/5/2009 9:45:46 AM
                         Here's a start - MartiniMan - 3/5/2009 9:58:25 AM
     By the way - MartiniMan - 3/4/2009 10:13:21 AM
          By the way - lamont - 3/4/2009 10:22:39 AM
          By the way - lamont - 3/4/2009 10:22:39 AM
          By the way - lamont - 3/4/2009 10:22:39 AM
          By the way - lamont - 3/4/2009 10:22:39 AM
          By the way - lamont - 3/4/2009 10:22:39 AM
               Woops... - lamont - 3/4/2009 10:29:11 AM
                    Woops... - Talullahhound - 3/4/2009 12:04:56 PM
                         Do it Hound... - lamont - 3/4/2009 12:23:59 PM
                              Do it Hound... - alahusker - 3/4/2009 5:41:59 PM
                                   Only if I was sure - Talullahhound - 3/4/2009 6:14:06 PM
                              Now, Now - Talullahhound - 3/4/2009 6:11:59 PM


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