
09-23-2009, 01:10 PM
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CC Member
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Join Date: Dec 2006
Location: 30609 40th Ave E Graham WA.,
WA
Cobra Make, Engine: classic roadsters 347 stroker
Posts: 610
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Not Ranked
I agree, it really all depends on who's guarding the hen house, now I'm not saying that only one side is the problem, but, when your party believes that government is the problem and you set forth to prove it by appointing a horse judge to run FEMA, you get Katrina. and the reason for changing what bankers had done in the past is we the tax payers were now insuring there loans, so there had to be something in it for the regular guy. Keep in mind they managed to do this to us before in the great Republican depression, repealing Glass Stiegel was more harmful than anything else, and yes we have to blame Clinton for signing that bill, but who brought it to the floor and got it pushed through? And I guarantee you that no one from the inner cities or the poor were getting loans for a 600,000 home, that was working class people and yes they were stupid. but without the greed of those that would write the loan they would have never gotten a loan to begin with.
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