Quote:
Originally Posted by The Dad Fisherman
I counted 15 out of 25 that were involved in Finance and Mortgage....thats not a quarter of them.
Funny how you pull Clinton out of that rag tag team.......
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I didnt pull him out, he had a headline for denying any accountability.
Dad - I'll post this again -
"Clinton ushered out the Glass-Steagall Act, which for decades had separated commercial and investment banking, and signed the Commodity Futures Modernization Act - which exempted all derivatives, including the now-notorious credit-default swaps, from federal regulation. His administration also loosened housing rules, which added pressure on banks to lend in low-income neighborhoods."
Arent those 3 of the 4 major causes??????????
And I said "Wall Street", not finance and Mortgage. Is there a difference? Absolutely. Isnt it convenient that Obama doesnt mention that? Since when is Countrywide Mortgage Wall St???? Notice since Obama took office its "Evil Wall St" and ALL OTHER factors are thrown out. Dont you see this?