"John R. Carroll" wrote in message
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"ATP*" wrote in message
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"John R. Carroll" wrote in message
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"Buerste" wrote in message
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"-=DirtBagŠ" wrote in message
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Basil Karlo wrote:
"Too_Many_Tools" wrote in message
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On May 7, 4:41 pm, brk wrote:
Bush sure did screw-up by letting the Democrats destroy Freddie and
Fanny by mandating loans to people that had no hope of paying them
back.
CRA loans have the lowest default rate of any mortgages Tom.
I guess you really are just stupid after all.
http://traigerlaw.com/publications/T...ty_1-26-09.pdf
Bush also screwed-up by letting these loans get turned into derivatives
with an "AAA" rating.
That is indeed the case. Failing to enforce regulations is something
that is squarely on the doorstep of the Executive branch.
JC
Buerste recently posted:
"I wonder if we would be better off if Germany had won. Hitler and that
philosophy would have passed quickly and good sense would have prevailed
and
led the world into peace and prosperity.
...sure beats the socialism we're heading into. "
http://groups.google.com/group/rec.c...84446da8a6e484
He's probably got ironwork hanging over the entrance at Ohio Brush that
says
"Arbreicht Macht Frie"
JC
An otherwise noble sentiment twisted by the Nazis.