Whose fault is the recession?

[Raven]

Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&

FWIW I was speaking with a real estate lawyer the other day and he siad the mortgage institutions are doing the same thing now again as they did before where they are lending to people with no possible way to repay. WTF.

I'm elated OBAMA's hammering them..... as they deserve it

But i think the Lawyer is Misinformed because the loans are not happening even for people with excellent credit because the lending institution's are sitting on the money. So they are slowing the recovery big-time. It's been all over the news.