Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Kaslin

The 2008 economy wasn’t Bush’s fault nor Obama’s. It was millions of people thinking that their houses were going to appreciate forever and ever, spiraling upward without bound, and filling them with equity that they could tap for easy cash

Obama and a complicit congress are to blame for the deficit bloating response.


13 posted on 09/22/2012 5:41:16 PM PDT by posterchild
[ Post Reply | Private Reply | To 1 | View Replies ]


To: posterchild
The 2008 economy wasn’t Bush’s fault nor Obama’s.

Yeah it was. Obama's, and Bill Clinton, and Jimmy Carter, and Barney Frank, and Chris Dodd, and Ben Bernanke, and Tim Geithner and a large cast of RAT operatives who deliberately crashed the system by turning the lending industry into a mockery of itself.

Similarly, they are trying to destroy health insurance by regulating it out of business, they also have been trying to destroy the banking system...and the energy sector, and practically any form of private enterprise.

19 posted on 09/22/2012 5:48:43 PM PDT by ROCKLOBSTER (Celebrate Republicans Freed the Slaves Month.)
[ Post Reply | Private Reply | To 13 | View Replies ]

To: posterchild

No, it was the banks and regulators that gave loans to people the could not afford the houses. We were shopping for a house then and I cant believe the amount they approved me for. We made a modest purchase based on our income insread.


26 posted on 09/22/2012 5:55:50 PM PDT by gunsequalfreedom (Conservative is not a label of convenience. It is a guide to your actions.)
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson