@Erik 179181 wrote:
Bush has been in office 8 years & the Republicans were in control of both houses for 6 years!
Actually it’s more like 12 years, with Cheney the tie breaker in the Senate.
You can find report after report where EVERYONE said that everything is ok and then we find out that we have three days to give up $700 Billion dollars or the sky is going to fall and they are begging the tax payers to save the world!
It’s more likely than not that any documents Frank and whom ever looked at were sugar coated. In any event, no credit means no players which means our livelihood gets quicksanded.
It appears a recession or worse is clearly on the horizon if it’s not already here so it may be wise to save any commissions.
The job market is a lagging indicator and friday’s number were’t too encouraging. The economy needs to create about 100,000 jobs each month to keep up with the number of new workers entering the work force. Things are a little different this time around with oil at $100 bucks a barrel.
You can blame Acorn, or Carter, or Clinton for initiatives that “pushed” for mortgages or assistance to low-income borrowers, but there is plenty of blame to go around.
there seems to be more to this than Acorn, Carter, or Clinton initiatives to me anyway as there seems to a problem with the timeline.
jmho