If you really want to learn more do some research on the Community Reinvestment Act. This act was enacted in 1977 but when Bill Clinton was in office, this went to a whole notha level.
I don’t get it. I’ve heard these arguments about how the seeds for the housing bubble were sewn during the 70’s, the 80’s, the 90’s or basically any time period when Bush wasn’t in office. By most peoples’ accounts, the housing bubble began sometime between 2002 and 2004. In 2002, the U.S. Senate and the U.S. House of Representatives were controlled by Republicans and the most retarded Republican of all time, Bush, was the president.
So tell me again how the Republicans weren’t able to stop the housing bubble?
