Nobody lives in a vacuum. Things didn’t go fat and hairy until 2006, when conservatives gave Democrats control of the House and Senate.
Sorry Cake Crumb, but Janet Reno took one lending institution to court circa 1994, forcing it to lend to the poor. It fell in line and so did the other lending institutions. They had little choice. Bush (around 2002) and other Republicans addressed this as early as the late 90s into the early 2000s. They knew about it when they had plenty of time to take action to prevent the mess we’re in now. Did the Democrat policies cause this? I think that is a given. It’s still a fact that we did not take action to end it. Newt should have known better than to allow this to continue. Here it is 2008, and the info has been out there for more than a decade, 12 years of which we had the majority in Congress, six of it with a Republican in the White House.