Why do the conservatives keep pouring trillions of dollars into our economy?
When the entire problem was created in a house bill in 1977 and strengthened again in 1995, loosening credit restrictions.
When the entire problem was created in a house bill in 1977 and strengthened again in 1995, loosening credit restrictions.
Curtis
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Wrong again,,,,,liberals are controlling everything.
Try looking up The Community Reinvestment Act
signed by Jimmy Carter and implemented by Billy Clinton.
Which forced mortgage lenders to give out federal backed mortgages, to high risk individuals, and now you have sub-prime mortgages.
All under the name of affordable housing, these mortgages were bundled and sold by Fannie Mae under the realm of Franklin Raines and then sold to all the banks that collapsed.
gregory_dittman
The conservatives haven't been in charge of the purse for the last two years. That's when things went downhill. Before that, times were good.
joey791
UHHHHHHHHHHHHH..........
Congress is majority Democrat, the president is now a Democrat. Enlighten yourself look up Community Reinvestment Act and read about it and notice that Democratic presidents were the ones that loosened the restrictions on it.
DOOM
Conservatives are not doing that. You're confused on the definition of the term.
Anonymous
Who is pouring money into the economy????