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URL:  http://boards.fool.com/quotlike-telling-the-republicans-who-put-us-into-30308829.aspx

Subject:  Re: The dinner table Date:  10/9/2012  12:51 PM
Author:  SGIZ1 Number:  1822532 of 1947664

"Like telling the Republicans who put us into this mess"

YOu don't like facts much do you?

The mortgage debacle that kicked off the financial run is what put us into this mess, this was all put in motion many many years ago when Democrats (liberal ideas) thought it was "fair" to threaten and put pressure on lenders/banks to lessen lending standards so more people could get loans, this pressure led to the creation of high risk loan programs such as sub prime, etc. This pressure which was applied by liberals is what led to the mortgage debacle/financial run that is responsible for the mess we are in today.

Cry all you want on how the banks,etc. handled the bad paper, the fact remains that paper should have never been made in the first place, thanks to Democrats they were and this is what it got us. And the left wants to blame the private sector for not holding that bad paper and eating it? lol.. they aren't dumb, they got rid of it, but again the real truth is democrats kick started the high risk loan era thru pressuring lenders to make more loans (out of fairness to lower income people ofcourse, the left have big hearts.)
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