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Re: Convict Bush, McCain and the GOP for the Economy
Posted by: Phoenix Comment
Date: 09/30/2008 10:39AM
As much as I like Bill Clinton and a lot of things he did, you are actually quite factually correct.

colorado cowboy Wrote:
-------------------------------------------------------
> Who is the dummy who wrote this article? The
> Clinton Administration required banks to issue
> loans to sub-prime borrowers, saying that
> FannieMae and FreddyMac would assume the problem.
> The borrowers were allowed to use WELFARE INCOME,
> UNEMPLOYMENT CHECKS and FOOD STAMPS to qualify for
> loans. In 2001 the treasury (under Bush) alerted
> that there was a huge problem. Barney Frank
> personally guaranteed that there was no problem.
> What was Bush going to do? Foreclose on all the
> subprime borrowers?
> The real problem is that the Democrats wanted to
> establish a machine for buy votes using houses.
> They have succeeded.
> There is a real conspiracy to buy elections using
> the Black block vote and student voter fraud,
> organized by ACORN, the community action group for
> whom OBAMA worked.
> If enough people wake up and go to the polls, this
> process can be quelled. Otherwise, look forward
> to reparations for slavery and rampant socialism.

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