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Government > Politics > Re: Thomas Sowe...
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Re: Thomas Sowell Maintains Democrats Are Responsible For Mortgage Crisis

by Governor Swill <governor.swill@[EMAIL PROTECTED] > Jul 24, 2008 at 01:11 AM

This is's brain on drugs:
>I'd love to blame this all on Bush but............ he had almost
>nothing to do with it. The FHA, Fannie Mae, and Freddie Mac are like
>dominos in the credit crunch which started with......... private
>enterprise. The mortgage brokers wrote loans that had exactly no
>chance of repayment. They were betting that the prices would continue
>to spiral and if foreclosure occurred, they could get more for the
>home. Nothing down if you can blink. 110% of "appraised" value of the
>home if you can fog a mirror. Everybody in the real estate business
>was waiting for the bubble to go pop - it did. The bubble had been
>building since the 90's.
>
>WB Yeats

His administration didn't see it coming and so not only didn't take
steps to avoid the damage, took actions that exacerbated the problem.

Swill
-- 
No, his mind is not for rent
To any God or government.
Always hopeful, yet discontent,
He knows changes arent permanent,
But change is.
http://apod.nasa.gov/apod/astropix.html
 




 41 Posts in Topic:
Thomas Sowell Maintains Democrats Are Responsible For Mortgage C
"Proteus" <p  2008-07-22 08:43:25 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
Christopher Helms <Chr  2008-07-22 08:16:23 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
"Feces bomb Throwing  2008-07-22 13:18:07 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
Sebastian Rector <cice  2008-07-22 18:25:21 
Re: Thomas Sowell Maintains Democrats Are Responsible For
"leonard78sp@[EMAIL   2008-07-22 18:04:03 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
Jeffrey Turner <jturne  2008-07-22 22:07:50 
Re: Thomas Sowell Maintains Democrats Are Responsible For
"leonard78sp@[EMAIL   2008-07-23 00:26:10 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortg
Jeffrey Turner <jturne  2008-07-23 13:44:31 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
Eat the rich <goofindo  2008-07-22 23:26:46 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
American Patriot <Sinc  2008-07-23 01:07:03 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
wbyeats@[EMAIL PROTECTED]  2008-07-23 13:31:09 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
Governor Swill <govern  2008-07-24 01:11:55 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
wbyeats@[EMAIL PROTECTED]  2008-07-24 06:38:12 
Re: Thomas Sowell Maintains Democrats Are Responsible For
"leonard78sp@[EMAIL   2008-07-24 10:21:47 
Re: Thomas Sowell Maintains Democrats Are Responsible For
"leonard78sp@[EMAIL   2008-07-24 11:29:40 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
Governor Swill <govern  2008-07-24 11:37:06 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
wbyeats@[EMAIL PROTECTED]  2008-07-24 08:48:53 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
Governor Swill <govern  2008-07-25 01:43:18 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
Nicklas@[EMAIL PROTECTED]  2008-07-24 08:33:32 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
"leonard78sp@[EMAIL   2008-07-27 07:21:11 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
Governor Swill <govern  2008-07-27 22:37:44 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
Jerry Kraus <jkraus_19  2008-07-23 10:48:08 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
Jerry Kraus <jkraus_19  2008-07-23 13:21:19 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
Jeffrey Turner <jturne  2008-07-24 07:41:58 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
znuybv <thowilson@[EMA  2008-07-23 14:13:49 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
"leonard78sp@[EMAIL   2008-07-24 09:39:12 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
"leonard78sp@[EMAIL   2008-07-24 09:59:53 
Thomas Sowell Maintains Democrats Are Responsible For Mortgage
"leonard78sp@[EMAIL   2008-07-24 10:11:33 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
Eat the rich <goofindo  2008-07-24 22:10:48 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
American Patriot <Sinc  2008-07-25 06:51:04 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
American Patriot <Sinc  2008-07-25 06:54:29 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
wbyeats@[EMAIL PROTECTED]  2008-07-25 18:34:03 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
lorad <lorad474@[EMAIL  2008-07-25 07:00:30 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
"leonard78sp@[EMAIL   2008-07-25 09:46:59 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
wbyeats@[EMAIL PROTECTED]  2008-07-25 18:42:50 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
"leonard78sp@[EMAIL   2008-07-26 06:15:27 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
wbyeats@[EMAIL PROTECTED]  2008-07-26 07:25:18 
Re: Thomas Sowell Maintains Democrats Are Responsible For
"leonard78sp@[EMAIL   2008-07-26 12:05:39 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mor
Paul Teller <paul.tell  2008-07-26 13:38:50 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
wbyeats@[EMAIL PROTECTED]  2008-07-26 10:41:45 
Re: Thomas Sowell Maintains Democrats Are Responsible For Mortga
Governor Swill <govern  2008-07-26 23:41:27 

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tan12V112 Fri Dec 5 6:54:11 CST 2008.