Quote Originally Posted by Lyle View Post
Killersheep, both parties worked to achieve certain goals and the ways which they tried to achieve them ended up hurting plenty of people. The Community Reinvestment Act (Jimmy Carter), the regulatory changes made to that act(Bill Clinton, Sen. Dodd, Sen. Frank, Sen. Schumer), and George W. Bush's deregulation and companies taking advantage of the money handed out by Fannie and Freddie and their own greed from making commissions on loans all add up to one big problem for us.

There is a saying which is relevant to this crisis "Success has a thousand fathers and failure is an orphan"
So you are saying that the Community Reinvestment Act caused predatory lending?

And Bush's deregulation and companies taking advantage of the commision from the loans of Fannie and Freddie are the reasons that the government caused the current economic climate?

I'm just doing my job as a liberal to try to understand your view here.