Two Thumbs
Platinum Member
Early in Clinton's first term democrats conceived the idea that everyone should be able to achieve the American dream by owning their own home regardless of their ability to pay the mortgage. Democrats intimidated banks with the threat of civil rights litigation if they didn't comply and sign off on bad loans. Democrats stacked Fannie Mae with no show jobs and political appointments and bad loans were bundled up with good loans and sold back to lending institutions as good loans. The scam lasted about a decade and when the democrats controlled both houses of congress in Bush's 2nd term the unthinkable happened. Democrat Barney Frank told America that Fannie was solvent while it was on the verge of collapse. Sure enough Fannie collapsed under democrat control and they ....guess what....blamed it on Bush.
Truer words will never be heard.