Quote:
Originally Posted by spence
The current economic malaise isn't a product of "Obama", it's a product of decades of mismanagement that's left us challenged to deal with massive global changes.
-spence
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you should read RECKLESS ENDANGERMENT...
Gretchen Morgenson, a Pulitzer Prize-winning business reporter and columnist at The New York Times, and Joshua Rosner, an expert on housing finance, deftly trace the beginnings of the collapse to the mid-1990s, when the Clinton administration called for a partnership between the private sector and Fannie and Freddie to encourage home buying.