The Motley Fool Discussion Boards
Retirement Discussions / Retire Early Liberal Edition
|Subject: Re: Are capitalists beginning to understand ...||Date: 12/5/2013 7:34 PM|
|Author: telegraph||Number: 53450 of 64877|
buz"Jimmy Carter has not been in office for over thirty years but tele thinks he caused the collapse of 2008."
The policies he started with the CRA, compounded later by additional 'heaping on'...and the dems protection of Fannie and Freddie when they were cratering.....and still putting out crap loans and forcing other institutions to make crap loans....
All goes back to Carter....and the community organizers of the 1980s who pushed the agenda of 'everyone must buy a home' mantra......
It was ten million crap loans forced upon financial institutions by threats from the feds, and the fed run Fannie and Freddie....that cratered the marekt.
It all went back to Jimmy 'crackcorn' Carter.
Maybe you need to study your history a bit more.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|