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Democrats have controlled congress for the past 4 years.
Democrats are the ones who deregulated the lending industry. (namley Fannie/Fredie)
Democrats were the ones who threatened to fine banks who did not write mortgages to those who couldn't afford it.
Not saying I like Barny Frank, I don't and think he is an idiot, but lets get the facts please.
Democrats have controlled congress for the past 4 years.
Democrats are the ones who deregulated the lending industry. (namley Fannie/Fredie)
Democrats were the ones who threatened to fine banks who did not write mortgages to those who couldn't afford it.
Not saying I like Barny Frank, I don't and think he is an idiot, but lets get the facts please.
What a bunch of doofusses. Any economic "stimulus" by the Feds will increase the deficit. This is part of the remedy to a recession called for by Keynesian economics. Both parties have practiced this basic policy since the 1930s.
It is also true that Dubya gave speeches about having poor people get mortgages. I don't have the link on me right now, but video of these speeches is out there. It is strictly untrue that only Dems advocated for mortgages for the poor since year 2000.
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