Quote:Wow. What a contortion. You've blamed the housing crisis on Obama. Need I remind you that BUSH was the President for the 8 years leading up to the crash of 2008, and he was still the President during the crash of 2008? Obama was a 2 year back-bench Senator. But somehow, he engineered the crash? That takes the cake.

You poor little baby. Its ok. Mommys here.


HOUSING POLICY doesnt turn on a dime. It takes YEARS EVEN DECADES to see its full effect. In 1977 the fedearal government took a more active role in housing policy as a means of redistributive justice/social engineering.


Community Organizer barrack obama's career was spent pushing the subprime affordable housing agenda.


Over time, as thet always do, the liberal dream of free mortgages collapsed on itself (because it was underwritten with bad math).


As usual the left found a charismatic leader to run against the problem it caused (fannie freddie ginnie mbs etc.) with solutions that have never worked (stimulus/shovel ready jobs).


Barrack obama fought for advanced and championed the state sponsored central pricing of risk to fit a social agenda (derivative fascism). Every time the bush administration wanted to audit or regulate the government sponsored entities that set the benchmark for conforming loans and bought half the paper in the country he was called a racist bigot homophobe goodtime rock and roller. Then when it all blows up because of runaway government intervention blame capitalism (math).

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