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re: Bill Clinton was responsible for The Great Recession and the looming housing bubble

Posted on 5/16/23 at 7:12 am to
Posted by Gaspergou202
Metairie, LA
Member since Jun 2016
13501 posts
Posted on 5/16/23 at 7:12 am to
Don’t forget W calling off Richard Baker’s (R, LA) congressional hearings into Fannie and Freddie corruption.

Barney and the Congressional Black Caucus were all up in arms protecting their cash cows. W bowed to their screams of racism, and lost the last chance to avoid the housing bubble.

Clinton set it up, W let it continue, and Obama rode the wave of misery. 3 of the worse presidents of my lifetime.
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
27722 posts
Posted on 5/16/23 at 7:26 am to
Baker was concerned with the overall state of things . So much of the problem was WLl Street and the subprime stuff that really had nothing to do government. So much of that contagion was dreamed up by guys at Countrywide and originally by Salomon Bros.
Posted by KAGTASTIC
Member since Feb 2022
7989 posts
Posted on 5/16/23 at 8:27 am to
quote:

Clinton set it up, W let it continue, and Obama rode the wave of misery. 3 of the worse presidents of my lifetime.

Wasn't this POS apart of a suit in Chicago that helped kick it all off?
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