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Since you are university indoctrinated educated you should have no problems with this paper from San Jose University Department of Economics.  It explains it pretty accurately.

 

The whole paper is worth a read, but here are a couple of relevant excerpts.

 

So your "increase in sub-prime lending happening under Bush" comment is pretty much false.

 

Why am I not surprised that you copied and pasted the parts that make your argument, and delete the parts that shoot down your argument?  No wonder you couldn't hack it at a University.  You'd fail all your classes with the way you do research.

 

As I said, the sub-prime crises happened under Bush for a reason.  Just because sub-prime lending began under Clinton, doesn't mean that Clinton is responsible for it.  There are plenty of programs that are dangerous if not regulated properly...  

 

It was not sub-prime lending that caused the crises -  it was the deregulation of how banks supplied these loans and how they were able to handle and repackage these loans that caused the crises!!  The deregulation occurred under Bush.  

 

But you know that.  You just decided to delete out this key factor in order to make your INCORRECT point.  I'm on to you, JIB.  After you did this same thing to one of my quotes, it became apparent.  You provide half truths or facts that are misleading, or just plain leave out key facts to make your points.

 

It's intellectually dishonest.  But, par for the course.  

 

Best........  TA

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