On Sun, 5 Oct 2008 14:11:06 -0400, "Tom Del Rosso"
wrote:
"Paul Hovnanian P.E." wrote in message
What Clinton pushed for was a form of deregulation. In other words,
relax (or eliminate) the rules. The sitting GOP-run Congress, and the
impending Bush administration also have knee jerk reactions to
regulation.
Tightening up mortgage requirements would have rained on the brokers',
bankers' and builders' picnics. So it was too easy to go along with
Clinton's policy.
Read the articles at those links. The Republicans didn't go along. They
tried to pass legislation to regulate the loans.
Turn on Fox News. They're discussing it right now. Schumer, Franks,
Obama, all the Dems cooking the books.
...Jim Thompson
--
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