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Name:   water_watcher The author of this post is registered as a member - Email Member
Subject:   Architect
Date:   4/2/2009 8:48:32 PM

Don't you just hate when the facts prove you wrong. You need to read and research a little more. Open your mind and stop drinking the Kool Aid.

Did you see how the feds would not approve branches or mergers and acquisitions if the banks did not approve enough loans. Also how Fannie and Freddie expanded the program at the governments directions and backed 500 billion of these loans.

So how did this contribute to the crisis now? Well all those loans created an inflationary bubble in housing which was artificial demand. This inflated prices. then as qualified buyers also bought homes at the inflated prices, after the bubble burst, all home prices fell leaving both the "bad" buyers and the good buyers under water causing a default rate never seen before. People just started to walk from their homes since their loans were much higher than the reduced value.

All caused by the liberal and socialist democrats.

Sorry you can't blame Bush for this. But I am sure you will try since it is easier to do than look in the mirrors of the flawed policies of past demoncrats.
Other messages in this thread:View Entire Thread
Intellectuals - architect - 4/1/2009 9:48:20 PM
     Intellectuals? - Summer Lover - 4/1/2009 10:17:05 PM
     What do you believe? - MartiniMan - 4/1/2009 10:17:21 PM
     Intellectuals - DJ - 4/1/2009 10:50:24 PM
     Intellectuals - rude evin - 4/1/2009 11:27:16 PM
     Intelligence - Talullahhound - 4/1/2009 11:30:20 PM
          Intelligence - architect - 4/2/2009 12:07:46 AM
               Follow-up - architect - 4/2/2009 12:13:34 AM
                    Suggestion - Summer Lover - 4/2/2009 2:24:12 AM
                    Architect - READ - water_watcher - 4/2/2009 6:45:05 AM
               Intelligence - MartiniMan - 4/2/2009 2:16:35 PM
     Intellectuals - JustAGuy - 4/2/2009 2:47:41 AM
          Intellectuals - architect - 4/2/2009 8:06:47 AM
     Pointless debate? - Lady - 4/2/2009 8:34:28 AM
          Pointless debate? - water_watcher - 4/2/2009 10:48:17 AM
               Please .... - water_watcher - 4/2/2009 10:49:54 AM
                    I didn't think so ... - water_watcher - 4/2/2009 2:24:01 PM
                         I didn't think so ... - architect - 4/2/2009 2:39:06 PM
                              I didn't think so ... - water_watcher - 4/2/2009 3:32:02 PM
                                   I didn't think so ... - architect - 4/2/2009 7:09:30 PM
                                        I question it.. - alahusker - 4/2/2009 7:44:17 PM
                              I didn't think so ... - Summer Lover - 4/2/2009 3:45:14 PM
                         I didn't think so ... - Summer Lover - 4/2/2009 2:42:23 PM
                    Suppose - Talullahhound - 4/2/2009 5:42:02 PM
                         Suppose - water_watcher - 4/2/2009 7:04:16 PM
                              Suppose - architect - 4/2/2009 8:13:58 PM
                                   Suppose - water_watcher - 4/2/2009 8:25:01 PM
                                        Here you go - water_watcher - 4/2/2009 8:29:09 PM
                                             Architect - water_watcher - 4/2/2009 8:48:32 PM
                                        Suppose..YOU ARE SO WRONG - architect - 4/2/2009 9:52:29 PM
                                             Suppose..YOU ARE SO WRONG - architect - 4/2/2009 9:57:17 PM
                                                  Read This - It may help - water_watcher - 4/3/2009 5:52:22 AM
                                                       Read This - It may help - architect - 4/3/2009 7:44:18 AM
                                                            Read This - It may help - water_watcher - 4/3/2009 8:24:11 AM
                                                            Here is personal proof - water_watcher - 4/3/2009 8:35:49 AM
                                                                 Here is personal proof NOT - architect - 4/3/2009 5:40:39 PM
                                                                      Here is personal proof NOT - water_watcher - 4/3/2009 6:25:52 PM
                                                                           Here is personal proof NOT - architect - 4/3/2009 9:36:58 PM
                                                                                Here is personal proof NOT - architect - 4/3/2009 9:43:55 PM
                                                                                     Here is personal proof NOT - water_watcher - 4/4/2009 6:09:38 AM
                                                                                          Here is personal proof NOT - architect - 4/4/2009 8:06:45 AM
                                                                                               Here is personal proof NOT - water_watcher - 4/4/2009 8:30:30 AM
                                                                                                    One final thought - water_watcher - 4/4/2009 8:43:29 AM
                                                                                                    Here is personal proof NOT - architect - 4/4/2009 9:02:10 AM
                                                                                                         Here is personal proof NOT - water_watcher - 4/4/2009 6:51:02 PM
                                                                                                              Here is personal proof NOT - architect - 4/4/2009 8:11:02 PM
                                                                                                                   I almost forgot - architect - 4/4/2009 8:40:04 PM
                                                                                                                        I almost forgot - water_watcher - 4/5/2009 7:41:55 AM
                                                                                                                   Here is personal proof NOT - water_watcher - 4/5/2009 7:44:23 AM
                                                                                                                        Other examples - architect - 4/5/2009 8:02:38 AM
                                                                                                              Civil rights? - Talullahhound - 4/4/2009 9:41:00 PM
                                                                                                                   Civil rights? - cobra - 4/4/2009 10:05:30 PM
                                                                                                                        Other examples - architect - 4/4/2009 10:21:57 PM
                                                                                                                             I agree with some - water_watcher - 4/5/2009 8:04:56 AM
                                                                                                                   Civil rights? - water_watcher - 4/5/2009 7:47:13 AM
                                                                                                                        Give credit where credit is... - rude evin - 4/5/2009 8:42:53 AM
                                                                                                                             Give credit where credit is... - architect - 4/5/2009 9:37:09 AM
                                                                                                                                  Give credit where credit is... - water_watcher - 4/5/2009 10:19:38 AM
                                                                                                                                       Give credit where credit is... - architect - 4/5/2009 10:51:08 AM
                                                                                                                                            Give credit where credit is... - water_watcher - 4/5/2009 11:29:52 AM
                                                                                                                                                 So - Talullahhound - 4/5/2009 3:22:01 PM
                                                                                                                                       Give credit where credit is... - Lady - 4/5/2009 5:19:40 PM
                                                                                                                                            Give credit where credit is... - rude evin - 4/5/2009 5:42:03 PM
                                                                                                                                                 Give credit where credit is... - water_watcher - 4/5/2009 5:49:49 PM
                                                                                                                                            Give credit where credit is... - water_watcher - 4/5/2009 5:47:26 PM
                                                                                                                                  Give credit where credit is... - rude evin - 4/5/2009 6:06:14 PM
                                             Suppose..YOU ARE SO WRONG - water_watcher - 4/3/2009 5:33:25 AM
                              Suppose - Talullahhound - 4/2/2009 9:33:49 PM
                                   Suppose - water_watcher - 4/3/2009 5:40:40 AM
     Intellectuals - au67 - 4/2/2009 9:13:08 AM
          Intellectuals - John boy - 4/2/2009 11:27:08 PM
               Intellectuals - water_watcher - 4/3/2009 5:42:19 AM
               Hey, John Boy... - Mack - 4/3/2009 8:32:39 PM
     Intellectuals - AUCATZ - 4/3/2009 12:26:17 PM



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