cold iron wrote:
Yes, GB was a Rino, but Clinton passed a bill making it easy to get a mortgage for 400k working for Taco Bell. 90% of these mortgages went into default, that was the main reason for the crash.
Many of these mortgages where bundled and sold all over the world and lots for cites in Europe bought them and had to file bankruptcy.
The MSM is not big about talking about this subject.
Another twist to the truth, not an accurate interpretation of what really happened. Clinton yes, did pass a bill to try and get more people in private homes, unfortunately, banks and lending companies took a mile where there was only an inch, got greedy, tried to rape people with bad adjustable and balloon mortgages and who were unaware of what they were really signing. It was the complete fault of the lenders who wrote and accepted every single mortgage that was written to fail.