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03-04-2008, 02:49 PM
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#5
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Mommysavers Addict
Join Date: Jul 2006
Location: Central Indiana
Posts: 13,344
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Quote:
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Originally Posted by Starlite
Well, I can't stand Bush (as far as I'm concerned his whole presidency has been a tragedy), but I think it's a bit of a stretch to blame him for the housing crisis. The real blame for that goes to the lenders and the buyers. The lenders have been too free and easy with the credit and now it's biting them in the rearend. The buyers didn't pay attention to what they were signing and didn't realize that if a creditor approved them for a particular loan amount, it didn't necessarily mean that the buyer could actually afford it. The housing crisis was caused by greed, plain and simple. I haven't been really thrilled about the government trying to bail out the lenders, but what else could they do? If they didn't step in and try to do something, the housing crisis could be worse.
OK, I'm off my soapbox. 
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Starlite...I know I've told you before, but I'll tell you again...this is why I love you  You have got to be the only democrat I know who doesn't want to blame Bush for everything...ingrown toenails, bad breath, gaining weight...anything....has to be Bush's fault. So I want to thank you once again for being such a reasonable person. Makes me respect your opinion so much more even when it's anti-Bush, than those who can't do anything but gripe, gripe, gripe. Just my opinion.
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