when Bush was in Office, I never had a problem finding work and gas was reasonable till about mid 2006. Bush didn't cause the housing collapse,,it was the low income people who borrowed 250,000 to buy a home that was actually worth about 100,000. Thanks alot Barney Frank!
People who claim what you just said are either stupid or dishonest.
I almost don't even know where to begin.
Add up all the poor people who got mortgages through Freddy & Fanny. First of all, why did they all lose their jobs? Because Bush sent their jobs overseas. Democrats and liberals said not to do that but the GOP insisted. So that decision is responsible for all those foreclosures, not Freddy or fanny.
Freddy & Fanny were in place for years and nothing bad happened. But then the GOP took over and they deregulated the mortgage industry. That led to overpriced homes and predatory lending. The mortgage giants didn't need freddy and fanny to tell them to give any loans out. They were free to give any loans they wanted and they gave them to anybody/everybody. Then they sold off those toxic assets knowing they would end up being bad.
But you stupid ignorant uninformed Americans keep saying it was freddy fanny. Makes you seem like a retarded ignorant fuck but that's your choice.