“The housing crash just before the election.”
The buildup and the event happened on his watch. The buck stops with him. He failed in his duty and we are suffering the consequences.
he opposed the democrat congress in their efforts to make bad loans mandatory and lacked the political power to prevail.
Anyone, dems and repubs, who supported the Community Reinvestment Act bears considerable blame.
The dems get sole blame for thwarting efforts at Fannie and Freddie - Barney Frank at the top of the list.