|
Are you forgetting that President Bush worked also to expand homeownership to lower income families as part of his pledge to create an "ownership society"?
And how about the markets who found a way to make money off of these sub-prime loans like they were investment grade stocks? So much of the problem here is that they don't know where the risk is anymore.
Like I said, there's a lot of blame to go around.
-spence
|