[DJ MacWoW]

Can you read? That was from 2002. He changed his position. Obviously he got better info. There was a bill in 2005 or 06 to control Fannie and Freddie and it was shot down by Dems too.

Whether you like it or not Bush tried to stop what was coming.

[sickoflibs]

RE :”Can you read? That was from 2002. He changed his position. Obviously he got better info. There was a bill in 2005 or 06 to control Fannie and Freddie and it was shot down by Dems too.”

The Fannie and Freddie that followed his mission to give millions of bad loans?

By 2006 it was too late. House prices had run up to unsustainable levels and were at a peak. It was going down and all those minorities w bad credit were the first to go.

Do we give Obama a free pass too?
‘The GOP opposed him so he has no responsibility’

Pretty transparent.

[sickoflibs]

RE :” There was a bill in 2005 or 06 to control Fannie and Freddie and it was shot down by Dems too.”

Considering that Republicans had the House from 2005 to 2006 the excuse that Barney Frank blocked anything is ridiculous.

OK, Bush got all those bad loans passed out in his first term as planned, got he re-elected as a result of (new happy homeowners), then he proposes something (wheres the equally grand speech?) when he has the congress ~ 2006 after its too late, so most of them lose those houses as a result and run to Obama.

What legacy is that? He had no trouble getting those bad loans out in the first place.