The bullshit that the American people have swallowed from this Asshole's administration is truly amazing. It's so bad, you can't even keep up with it.
When the economy was in the dumper, George Bush hailed the Home Ownership numbers. He failed to look at the risk involved, just the numbers.
Just as he had touted the war as an easy, cheap win (mission accomplished), he looked at sub-prime loans as some sort of political gimmick.
April 2004 link:
http://www.cnn.com/2004/ALLPOLITICS/03/26/bush.homes/index.htmlAnd, just as the chickens have come home to roast in Iraq, so are they doing the same in the economy.
Present link:
http://www.moneyweek.com/file/31699/subprime-mortgage-collapse-why-bear-stearns-is-just-the-start.htmlThis president has been the worst disaster in American History.