Quote:
Originally Posted by Jim in CT
Occupy Wall Street is having just as much influence, right?
Actually Spence, it started over frustration over a homeowner bailout program that Rick Santilli (spelling) railed against, expressing frustration that those who chose to live within their means, should be forced to bail out those who bought more house than they could afford.
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What a disaster it would have been for every home owner if the bailout didn't happen and the number of foreclosures were 2-3 times as high. One of Bush and Paulson's best decisions, followed my smart additions from Obama. A huge problem is that regulations that help to reduce the chance of another bust are either already chopped or are on the chopping block with Comrade Clementine in the Maralago House.